Workers at a factory in Binh Phuoc province. (Source: thoibaotaichinhvietnam.vn)
Binh Phuoc (VNA) – The southeastern province of Binh Phuoc has attracted 25.17 million USD in foreign direct investment (FDI) in the first seven months this year, according to the provincial Department of Planning and Investment.
Of which, the Republic of Korea has six projects with a combined capital of 10.36 million USD, followed by China with four projects and a total investment of 6.65 million USD and the United Kingdom with one 6.66 million USD project.
As of now, the province has 149 FDI projects still in validity with a combined investment capital of 1.12 billion USD, 114 of which with a total capital of 906 million USD are in industrial parks and 35 projects worth a total of 212 million USD are outside industrial parks.
FDI projects have used 1,100 new labourers and contributed 2.4 million USD to the province’s budget in the first half of this year.
They are estimated to earn a combined revenue of 1.66 million USD in 2016, which shows a 6-percent rise f𝓰rom 2015 and add about 5.7 m๊illion USD to the local coffer.
According to the department, the province will continue creating favourable conditions to attract more foreign investments.-VNA
The Canadian Northstar group, which specialises in providing financial services for small- and medium-sized enterprises, wants to support firms in the southern province of Binh Phuoc.
The Canadian Northstar group, which specialises in providing financial services for small- and medium-sized enterprises, wants to support firms in the southern province of Binh Phuoc.
The Republic of Korea (RoK) is currently the biggest investor in the southern province of Binh Phuoc with 81 businesses registering a total capital of about 500 million USD.
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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.
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Workers at a factory in Binh Phuoc province. (Source: thoibaotaichinhvietnam.vn) 
