Bac Giang offers helping hand to investors
The northern province of Bac Giang will continue its efforts to improve the local investment and business environment with the goal of attracting investors and facilitating the operation of local businesses.
The Management Board of Industrial Parks will coordinate with relevant agencies in speeding up land clearance for the infrastructure development project in Ho Phu industrial park in Hiep Hoa district.
In August and September this year, the province also granted business licences to 158 new firms with combined registered capital of more than VND2.36 trillion, raising the newly-established companies so far this year to 626, a rise of 39% year on year.
Currently, Bac Giang is hosting 5,633 enterprises and 812 business branches and representative offices, with a total investment of VND31.2 trillion (US$1.41 billion), he said.
During the past two months, a number of Japanese businesses arrived in the province to study the possibility of safe vegetable production, while Seah Vina company from the Republic of Korea met local officials to discuss investment in a solar power plant.