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Vinh Phuc Province chases business investments

Mar 24th at 13:29
24-03-2015 13:29:36+07:00

Vinh Phuc Province chases business investments

The northern province of Vinh Phuc is seeking investment in a bid to develop its local industries.

According to a report from the provincial Department for Planning and Investment, Vinh Phuc has licensed five foreign-invested projects with total registered capital of more than US$48.37 million in the first three months of 2015.

The province has provided investment certificates for three domestic projects, with total registered capital of more than VND1.5 trillion ($73 million).

To date, the province has been home to 189 foreign-invested projects with total registered investments of more than $3.1 billion and 578 domestic ones worth more than VND41 trillion ($1.9 billion).

Looking forward, the province will help investment-promoting activities to potential overseas markets that boast advanced technological and engineering capabilities.

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