09:57 | 15/04/2016 Economy
The northern province of Bac Ninh granted investment certificates to 21 foreign direct investment (FDI) projects with total registered capital of more than 200 million USD in the first three months of this year.
Manufacturing electronic components at Tenma Viet Nam in Que Vo Industrial Zone, Bac Ninh province - Photo: VNA
The figure represented an increase of 157 million USD against the same period last year.
According to the provincial Industrial Zone Management Board, Bac Ninh is now home to 816 FDI projects worth 11.8 billion USD. Of these, industrial parks have attracted 598 projects with total registered capital of 11.1 billion USD.
The increase is attributed to the province’s efforts to improve its business climate and focus on hi-tech and supporting industries.
The province has also boosted administrative reform to help enterprises./.