Tuesday, September 25 2018


Northern province lures new foreign projects

Update: April, 11/2012 - 10:25

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

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