The forum was jointly organized by Vietnam’s Ministry of Finance and the Korea Trade-Investment Promotion Agency (KOTRA).

At the forum, the Vice Chairman of Bac Ninh provincial People’s Committee Pham Van Thinh and representatives of the enterprises receive investment certificates.

Prime Minister Le Minh Hung and South Korean President Lee Jae Myung attended a roundtable on bilateral economic, trade and investment cooperation as part of the event. Pham Van Thinh, Vice Chairman of the Bac Ninh People’s Committee, also joined the forum.

During the event, memoranda of understanding (MOUs) between the two countries were exchanged and investment certificates were granted to South Korean enterprises. Bac Ninh accounted for three projects receiving investment approvals and registration certificates.

The first project, “Investment in construction and business of infrastructure for Yen Son – Bac Lung Industrial Park (expanded section), phase 1,” will be located in Bac Lung commune.

It covers 145.46 hectares with total investment of more than 72.46 million USD, including over 45.389 million USD in investor equity, representing 62.64% of the project’s capital. The investor is Seojin System Co., Ltd.

The second project, “Seojin Vietnam Factory,” located in Song Khe – Noi Hoang Industrial Park, spans more than 36.55 hectares. It will receive an additional 360 million USD in investment, bringing its total capital to 760 million USD.

The project focuses on manufacturing and assembling robotic loading, unloading and sorting systems, as well as components for electronics and automotive products. The investor is also Seojin System Co., Ltd.

The third project, “Soosan Vietnam Automotive Co., Ltd.,” will be developed in Nam Son - Hap Linh Industrial Park on an 8-hectare site, with total investment of more than 37.9 million USD.

Investor equity amounts to over 12.13 million USD, or 32% of the total capital. The project will manufacture trucks, tractors, specialized vehicles, and steel structures used in industrial applications.

Provincial Chairman inspects Kep Station operations, surveys transport projects

BAC NINH - Pham Hoang Son, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee, on April 1 conducted an on-site inspection at Kep Station in Kep commune and carried out field surveys to consider approval and adjustments to investment policies for several projects. 

Bac Ninh starts construction of route under provincial road 293 upgrade and expansion project

BAC NINH- Bac Ninh Transport and Agriculture Project Management Board No.1 has commenced the bidding package No 9 to contruct the section from Km3+380 to K7+400 belonging to the project of upgrading and expanding the provincial road 293, running from Bac Giang ward to the branch route leading to Vinh Nghiem pagoda in Tan An ward.

Bac Ninh breaks ground on Van Ha bridge project

BAC NINH - Bac Ninh province on March 28 broke ground on the construction of Van Ha Bridge, connecting Van Ha and Kinh Bac wards, in a move aimed at improving regional transport links and boosting socio-economic development.

Vietnam's first pumped-storage hydropower project secures two int’l loan deals

Localted in the south-central province of Khanh Hoa, Bac Ai is Vietnam’s first pumped-storage hydropower plant. With four turbines and a total installed capacity of 1,200 MW, it is a key energy project playing a central role in the country’s energy transition.

 

Incentives offered for early land handover for Gia Binh airport project

BAC NINH - Authorities have introduced cash incentives to encourage residents to hand over land early for the construction of the Gia Binh International Airport project.