Quang Ninh’s FDI attraction surpasses 2-billion-USD mark for first time
The northern coastal province of Quang Ninh has attracted 2.18 billion USD in foreign investment so far this year, the first time the capital poured into the locality surpasses the 2-billion-USD mark.
Quang Ninh (VNA) – The northern coastal province of Quang Ninh hasattracted 2.18 billion USD in foreign investment so far this year, the first time the capital poured into the locality surpasses the2-billion-USD mark.
The Quang Ninh LNGPower Plant project worth 1.998 billion USD is the biggest contributor, receiving its investmentlicense in July.
Csaba Bundik, Vice Chairman of the Central and EasternEuropean Chamber of Commerce in Vietnam, said that Quang Ninh is renowned amongEuropean investors thanks to its advantages related to logistics andgeographical location.
The achievement does not come naturally, but as a result of a long-termstrategy and vision, and practical experiences in the development of industrialparks and logistics, he stressed.
Nguyen Manh Cuong, Director of the provincial Department ofPlanning and Investment, said that the province will reform its investmentpromotion and attraction methods, increase the efficiency of working groups inhelping address difficulties, and speed up the progress of key projects./.
The Travel magazine of Canada has named 10 most beautiful places of the world in 2022, with Ha Long Bay in Quang Ninh province occupying the fifth place.
Secretary of the Party Committee of the northern province of Quang Ninh's Mong Cai city Hoang Ba Nam held online talks with Peng Shaoguan, Secretary of the Party Committee of Dongxing city in China's Guangxi province on September 28.
Quang Ninh’s tourist attractions, unique culinary culture and pleasant night weather are great assets that will enable the nothern province to develop its night-time economy, according to the provincial People's Committee.
Large foreign tourist groups to Quang Ninh province in recent days are good signs for a boom of tourism development in this northern coastal province after a two-year hiatus caused by the COVID-19 pandemic.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
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.
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.
A corner of Quang Ninh (Photo: baodautu.vn) 
