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Business investment activities in Vinh Phuc province's industrial parks continue to develop

In November 2023, state management in Vinh Phuc province's industrial parks will continue to be strengthened, contributing to promoting investment attraction and project implementation in Vinh Phuc province's industrial parks, achieving many achievements. positive results.


Deploy a variety of investment promotion activities in industrial parks

In November 2023, investment promotion activities in Vinh Phuc province's industrial parks will be promoted by the Management Board of Vinh Phuc Industrial Parks (Management Board), with diverse and abundant forms of investment promotion, especially continuing to focus on on-site investment promotion so that investors can realistically assess the investment environment in the Province's industrial parks. Some investment promotion work was implemented in November, specifically:


Prepare content and work with the French Chamber of Commerce and Industry in Vietnam; coordinate with the People's Committee of Vinh Yen city to select a number of typical enterprises in industrial parks located in Vinh Yen city to bring district-level delegations of some Northern Lao provinces to visit and learn from experience; Coordinate with the Department of Planning and Investment and the Department of Foreign Affairs to agree on the content of cooperation with foreign localities: Tochigi province (Japan); Chungcheongbuk province (South Korea); Toscana region (Italy) and Pernik province (Bulgaria).


Receiving and working with businesses to survey and learn about the investment environment: COSMX Group conducted a field survey at Thai Hoa - Lien Son - Lien Hoa Industrial Park, a delegation of Taiwanese businesses in the field of electronics came to survey close to industrial parks in the province; Attending discussions with Aichi province businesses in Hanoi and Ho Chi Minh City; providing information and promoting the province's environment and investment policies for the Korean Trade and Investment Promotion Agency in Hanoi (KOTRA Hanoi); Propagating information to businesses in the Industrial Park attending the Vietnam International Electronics and Smart Equipment Exhibition (IEAE 2023)...


Introduce press agencies (Provincial Television, Vinh Phuc Newspaper, Provincial Electronic Information Portal...) to businesses in the Industrial Park to collect news, write articles introducing the investment environment, and conclude production and business performance of enterprises in industrial parks...


Organizing investment promotion delegations and learning experiences in 3 provinces: Lam Dong; Binh Phuoc and Kien Giang.


Industrial Park of Vinh Phuc province
Investment in industrial parks in Vinh Phuc province has grown quite well, Photo: Freepik

Industrial parks attract good investment


In November 2023, positive results in investment attraction continued to be recorded. Vinh Phuc Industrial Park Management Board has issued new Investment Registration Certificates for 2 FDI projects with a registered investment capital of 10 million USD; Issued Investment Registration Certificate to adjust capital increase for 2 rounds of FDI projects with a total registered investment capital increased by 11.5 million USD. The total newly registered and increased FDI investment capital in November 2023 is 21.5 million USD.


In the first 11 months of 2023, industrial parks in Vinh Phuc province have attracted 21 new FDI projects and 39 capital increase projects, with a total new and increased investment capital of 556.03 million USD (new level: 247.35 million USD; capital increase: 308.68 million USD), reaching 187% over the same period in 2022 and 159% of the plan in 2023; Attracted 13 domestic projects (DDI) and 4 rounds of capital increase projects with total new and increased investment capital of 6,239.33 billion VND (new grant: 4,302.57 billion VND; increased capital: 1,936.76 billion VND ), reaching 137% compared to the same period in 2022 and 208% compared to the plan in 2023.


As of November 15, 2023, the number of valid investment projects in the Province's industrial parks is 470 projects, including 109 DDI projects with a total investment capital of 32,730.47 billion VND and 361 FDI projects, with a total investment capital of VND 32,730.47 billion. investment is 6,353.62 million USD.


Strengthen the implementation of investment projects


Accumulated as of November 15, 2023, there are 402 projects operating in production and business in Vinh Phuc province's industrial parks (328 FDI projects and 74 DDI projects), accounting for 86% of the total number of investment projects.


Among the 68 projects that have not yet gone into production and business activities in industrial zones, there are: 11 projects are implementing construction and installation of factory machinery and equipment, accounting for 2.3% of the total number of projects; 49 newly granted projects are undergoing project implementation procedures, accounting for 10% of the total number of projects; 3 projects are undergoing compensation and site clearance, accounting for 0.7% of the total number of projects and 5 projects are delaying progress and completing procedures to terminate operations, accounting for 1% of the total number of projects.


Implemented capital of projects achieved in November 2023 is as follows:


FDI project: Implemented capital is 38.28 million USD, increasing implemented capital in 11 months of 2023 is 413.88 million USD, reaching 106% compared to the same period in 2022 and 113% compared to the 2023 plan.


Accumulated to November 15, 2023, the realized capital of FDI projects is 3,823.44 million USD, reaching 60.2% of the total registered investment capital of projects.


DDI project: Implemented capital is 140 billion VND, and increased implemented capital in 11 months of 2023 is 1,339.15 billion VND, reaching 132% over the same period in 2022 and 70% of the plan in 2023.


Accumulated to November 15, 2023, the implemented capital of DDI projects is 13,463.06 billion VND, reaching 41% of the total registered investment capital of the projects.


(Theo Kinh te và Du bao)


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