Bac Ninh: FDI hits US$337 million in H1

The northern province of Bac Ninh has granted investment certificates to 67 new foreign direct investment (FDI) projects with a combined capital of US$337 million since the beginning of 2016. 

According to figures from the province’s Department of Planning and Investment, the Republic of Korea is the top investor with 50 projects worth US$246 million, followed by Japan with four projects worth a total of US$35 million. 

The province also granted business certificates to 567 local enterprises with a total capital of VND3,487 billion (US$153 million), bringing the total number of businesses registered under the Enterprise Law to 7,798 with a combined capital of VND107,580 billion (US$4.7 billion). 

In terms of FDI enterprises, until now Bac Ninh had 864 registered projects with a combined capital of US$11.9 billion, of which 707 projects are operational, providing jobs to more than 180,000 labourers.

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