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Bac Ninh attracts 13.63 billion USD in investment capital

Updated: 11:06, 04/08/2025

BAC NINH – Despite implementing a new two-tier local government model and undergoing a provincial merger, Bac Ninh continued to see robust socio-economic performance in July, according to a report by the provincial People’s Committee. Investment attraction stood out as a key highlight.

Since the beginning of July, Bac Ninh attracted 34.2 million USD in converted investment capital. Cumulatively, over the first seven months of 2025, the province has drawn a total of 13.63 billion USD of investment capital.

Workers at Sunwoda Vietnam Co., Ltd. (Van Trung Industrial Park) operate the production line.

During this period, authorities issued investment registration certificates for 150 domestic projects and 237 foreign-invested ones. Additionally, 134 domestic and 155 foreign projects were granted capital adjustment approvals.

In terms of business development, July saw the registration of 318 new enterprises, alongside three branch offices or representative offices and 73 business locations. The total registered capital for the month reached 4.89 trillion VND (186.8 million USD).

However, the province also recorded 169 businesses temporarily suspending operations and 54 undergoing dissolution.

So far, Bac Ninh has registered 4,074 new businesses, 297 branch or representative offices, and 1,685 business locations, with total registered capital amounting to 46.812 trillion VND.

To further accelerate investment attraction, the provincial People’s Committee has outlined a series of measures. These include addressing issues within its jurisdiction, proactively reviewing and issuing policies to support citizens and enterprises, and promptly resolving difficulties encountered by investment and construction projects.

The province is also reviewing and amending administrative procedures, business conditions, and technical standards that are outdated or impractical, in a bid to reduce bureaucratic burdens on investors and businesses.

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