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Bac Ninh: Foreign investment gains momentum in Q1

The northern province of Bac Ninh licensed 21 new projects worth 31.93 million USD in the first three months of 2015.
The northern province of Bac Ninh licensed 21 new projects worth 31.93 million USD in the first three months of 2015.

An additional 32.8 million USD was added to 15 existing projects,23.1 million USD of which was recorded in 8 ones in March alone.

As of this March, the province counted 661 foreign-invested projects worth approximately 8 billion USD.

Bac Ninh has strived to develop its hi-tech industry and strengthenconnections between local and foreign-funded enterprises.

The local authorities have also held regular meetings with investors to deal with any arising troubles.

This year, the province targets 26 billion USD in export revenue.-VNA

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ITM Semiconductor Vietnam Co., Ltd. in VSIP Industrial Park, Tu Son, Bac Ninh has always been given favorable conditions by the locality for production and business. (Photo: VNA)

Bac 🌠Ninh exerts efforts to ensure businesses thrive🅘

To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
Vietnamese Ambassador to Sweden (second, from left) Tran Van Tuan meets with representatives of H&M. (Photo: moit.gov.vn)

H&M, N𝐆ordic busine🌱sses seek suppliers in Vietnam

The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
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