Binh Duong surpasses $1 billion FDI capital plan

The People’s Committee of Binh Duong Province said that the province had fulfilled and exceeded its plan of US$1 billion of Foreign Direct Investment (FDI) capital for this year.
 
Accordingly, in the first seven months of 2015, Binh Duong Province had 119 new projects and 79 projects asking for additional investment capital with total investment capital of nearly US$1.25 billion.
 
Especially, in July alone the province attracted $631 million of FDI capital. Of which, 33 newly-registered projects cost $363 million and 20 existing projects added an additional investment capital of 268 million.
 
Therefore, with such amount of FDI capital, Binh Duong has become the second largest province in FDI attraction nationwide.

By Giang Dinh – Translated by Thuy Doan

Other news

Most view

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Economy

Vocarimex plans to expand export markets

The Vietnam Vegetable Oil Industry Corporation -Vocarimex (code: VOC) has set its target the 2018 revenue will reach VND 4,8trillion, an increasing of 9 percent compared to 2017 and pre-tax profit target will be VND 300 billlion ($ 13 million), dividend payment ratio at 12 percent.

 

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

BLF & LUT fined VND 145mln

The State Securities Commission of Vietnam (SSC) has just issued administrative fines worth VND 145 million to Bac Lieu Seafood Corp (BLF) and Luong Tai Investment & Construction Corp (LUT).