Bac Ninh attracts over 200m USD in investment in Q1
he northern province of Bac Ninh granted investment certificates to 21 foreign direct investment (FDI) projects with total registered capital of more than 200 million USD in the first three months of
Bac Ninh (VNA) – The northern province of Bac Ninh granted investment certificates to 21 foreign direct invest🃏ment🔜 (FDI) projects with total registered capital of more than 200 million USD in the first three months of this year.
The figure represented an increase of 157 million USD against the same period last year.
According to the provincial Industrial Zone Management Board, Bac Ninh is now home to 816 FDI projects worth 11.8 billion USD. Of these, industrial parks have attracted 598 projects with total registered capital of 11.1 billion USD.
The increase is attributed to the province’s efforts to improve its business climate and focus on hi-tech and supporting industries.
The pr♊ovince has also boosted administrative reform to help enterpꦯrises.-VNA
The northern province of Bac Ninh has become a magnet for foreign investors thanks to its attractive investment environment and synchronous infrastructure system with a series of modern IZs.
Northern Bac Ninh province and Thailand’s King Prajadhipok’s Institute (KPI) exchanged experience in socio-economic development during a meeting in the province on March 15.
Vietnam drew nearly 4.03 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in the first quarter of this year.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
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Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
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The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Illustrative photo (Source:VNA)
