Business

Binh Phuoc sees impressive surge in FDI attraction

The southern province of Binh Phuoc attracted 16 FDI projects totaling 632 million USD in the first half of 2023, making it among Vietnam’s top 10 FDI attractors in the period for the first time.
Binh Phuoc sees impressive surge in FDI attraction ảnh 1Binh Phuoc's residential and industrial zone (Photo: VNA)
Binh Phuoc (VNA) – The southern province of Binh Phuoc attracted 16FDI projects totaling 632 million USD in the first half of 2023, making it among Vietnam’s top 10 FDI attractors in the period for the first time.

The capital increased by more than 12 times compared to thatin the same period last year, and was equal to 200% of the yearly target,according to the provincial People’s Committee.

To date, it has attracted 378foreign-invested projects with a combined capital of over 4 billion USD.

It has planned 13 industrial parks with a total area of over6,000 hectares, 12 of which have been put into operation.

In addition, the locality owns Hoa Lu border economic zonewhose area is more than 28,000 hectares. Currently, it has accepted investmentplans of 91 businesses in the zone./.
VNA
#Binh Phuoc#FDI attraction#Vietnam#Vietnampllus#Vietnam News Agency
Follow VietnamPlus

Related News

Binh Phuoc’s potential introduced to Australian partners

Binh Phuoc’s potential introduced to Australian partners

A seminar was held in Sydney on May 24 to introduce and popularise new investment opportunities in Binh Phuoc, a southern Vietnamese province of great potential, on the occasion of the 50th anniversary of Vietnam-Australia diplomatic ties.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.