HUNG YEN — The authority of northern Hung Yen Province granted investment certificates for four foreign-invested projects with a total registered capital of US$47.5 million in the first quarter of this year, announced Dang Ngoc Quynh, Director of the provincial Planning and Investment Department.
The figure represent a 33 per cent rise in volume and a 200 per cent increase in value against the same period last year.
Another 11 foreign-invested projects in the province got approval for adjustments to their investment certificate and licences.
There are currently 217 foreign-invested projects operating in the province with a total registered capital of $1.969 billion.
The provincial authority revoked the licence for the Hor Dar Co Ltd project, which was valued at $4.5 million, during the first quarter due to delays in investment and construction. — VNS