Updated  
October, 09 2012 08:47:10

Bac Giang targets $2.5bn in FDI by 2020

The northern province of Bac Giang targets total foreign direct investment (FDI) of US$2.5 billion by 2020. This year, the province expects to receive more than $813 million of that figure.

To reach the target, the province said it would improve investment efficiency and seek investment from Japan, the US and EU for clean technologies.

To date, 102 FDI projects are operating in the province with a total capital of $1.9 billion. Of those, 59 projects worth a total of $1.6 billion are located in industrial zones.

Thoi Bao Kinh Te (Viet Nam Economic Times)

Nearly 3m labourers to be trained

The General Department of Vocational Training has announced that 2.9 million labourers will be newly trained for the 2016-20 period.

The department targets that by 2015, 40 per cent of labourers, or 23.5 million people, will be trained. The figure is expected to rise to 55 per cent, or 34.4 million labourers, by 2020.

As of 2020, 40 out of 230 vocational training colleges will be high-quality ones.

Lao Dong (The Labourer)

Ba Ria-Vung Tau to build logistics zone

The southern province of Ba Ria-Vung Tau has asked the Government to build an industrial and logistics zone for support industries in Cai Mep Industrial Zone's southern area in the province's Tan Thanh District.

In 2003, the province chose the Sai Gon Construction Corporation to be the key investor for a five-year period. However, the investor has not finished work in the zone's northern region and investment has not started in the southern region.

Dau Tu (Viet Nam Investment Review)

Bac Lieu collects VND723bn in taxes

The southern province of Bac Lieu has collected, as of the beginning of this month, VND723 billion (US$34 million) for the provincial budget, 76 per cent of the province's target and a year-on-year increase of 7 per cent. Local tax authorities are strengthening inspections of tax payments and the collection of overdue taxes.

Tin Tuc (The News)

Dong Nai to upgrade roads, rural areas

The southern province of Dong Nai will spend more than VND1.8 trillion (US$85 million) to develop its rural areas and upgrade 170 transportation and infrastructure projects.

Of the total amount, more than VND1 trillion ($47 million) will be used to help 34 communes improve their living conditions, stabilise development and upgrade infrastructure as well as create a stable political system.

Nhan Dan (The People)

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