The northern province of Bac Ninh has earned 29.85 billion USD from exports so far this year, ranking second nationwide in export revenue, following Ho Chi Minh City.
A production chain of Samsung in Bac Ninh province (Photo: VNA)
Bac Ninh (VNA) – The northern province of Bac Ninh has earned 29.85billion USD from exports so far this year, ranking second nationwide in exportrevenue, following Ho Chi Minh City.
With that figure, Bac Ninh contributed 14.9 percent to the country’s total exportvalue.
According to Nghiem Dinh Thuan, head of the provincial Statistics Office, BacNinh’s export revenue mainly came from the foreign direct investment (FDI)sector, with the most noteworthy Canon, Microsoft, Foxconn, Samsung ElectronicsVietnam and Samsung Display Vietnam.
In February 2017, the Prime Minister gave a nod to an expansion project ofSamsung Display Vietnam, raising the company’s accumulated investment inVietnam to 6.5 billion USD.
Bac Ninh’s export value is expected to hit 30 billion USD in 2017.-VNA
The northern province of Bac Ninh is leading the country in foreign direct investment (FDI) attraction, drawing over 2.6 billion USD from 14 newly-licensed projects and 48 capital-added projects in the first quarter of this year.
The northern province of Bac Ninh has drawn nearly 3 billion USD in investment capital since the start of the year, reported the provincial Management Board of Industrial Parks.
The northern province of Bac Ninh plans to roll out a total 3.2 million square metres of commercial houses to the market by 2022 and develop additional social housing projects to meet demand.
Prime Minister Nguyen Xuan Phuc has reminded the northern province of Bac Ninh to choose projects that match its plan to develop itself into a hi-tech industrial locality.
The northern province of Bac Ninh had attracted 1,102 foreign direct investment (FDI) projects by the end of October with total registered capital of 15.8 billion USD, sixth among the 63 cities and provinces nationwide in FDI attraction.
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.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
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.
A production chain of Samsung in Bac Ninh province (Photo: VNA) 
