Bac Giang attracts 77 investment projects in five months

As many as 53 of the new projects was invested by domestic firms worth over VND26 trillion (US$1.15 billion), and 24 others are foreign direct investment (FDI) projects valued at more than US$305 million.

Compared to the same period last year, the number of new projects was slashed by 10; however, total registered capital saw surges, with domestic investment nearly tripling and foreign investment hiking 18.8%.

To date, Bac Giang province is home to 1,197 projects, 913 of which has been invested by domestic businesses and are valued at nearly VND80 trillion (US$3.5 billion). Meanwhile, foreigners poured over US$4 billion into the remaining projects.