The northern province of Ha Nam on January 18 granted an investment licence to Japan’s Fuji Engineering Vietnam Co., Ltd to build houses and launch services for Japanese experts and labourers.
Ha Nam (VNA) – The northern province of Ha Nam on January 18 🃏granted an investment licence to Japan’s Fuji Engineering Vietnam Co., Ltd to build houses and launch services for Japanese experts and labourers at the Dong Van I Industrial Park in D🎉uy Tien district.
Covering an area of 11,500 sq.m, the three buildings will cost 10 million USD. The project includes three phases, with the first to last until December this year.
Nguyen Xuan Dong, Chairman of the provincial People’s Committee, pledged the best possible conditions for investors in the locality, including Fuji Engineering Vietnam.
Ha Nam will ensure round-the-clock electricity, clean water, waste water treatment, favourable customs procedures and security, and other services in the industrial park, he said.
Fukuda Yasuo, General Director of Fuji Engineering Vietnam, said he hopes the province will continue to create optimal conditions so his company can ensure the progress and efficiency of the project.
Ha Nam boasts eight industrial parks with a total area of 2,000 hectares. Of these, four are now operational. Local authorities intend to develop 18 industrial clusters covering a total of 500 ha.
Foreign investors from 11 countries and territories have poured 1.4 billion USD into 155 projects in Ha Nam province so far.
Local authorities granted investment licences to 35 foreign-invested projects in 2015. FDI firms have contributed over 320 billion VND (14.4 million USD) to the State budget, making up 17.18 percent of the province’s budget collection.
The province plans to attract 180 trillion VND (8 billion USD) in investments between 2016 and 2020.-VNA
The northern province of Ha Nam plans to attract 180 trillion VND (8 billion USD) in investments between 2016 and 2020, said an official of the province's Department of Planning and Investment.
The northern province of Ha Nam has targeted a 15.3 percent increase in industrial production, valued at more than 48.5 trillion VND (2.2 billion USD) this year.
Foreign investors from 11 countries and territories have poured 1.4 billion USD into 155 projects in the northern province of Ha Nam so far, heard a meeting in the locality on January 15.
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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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.
