The province’s efforts in attracting investors have recently been rewarded with an influx of foreign investment. As more than 220 foreign direct investment projects with combined registered capital of over 3.4 billion USD from 16 countries and territories have landed in the locality as of June 2016. Of the total, Japan is running 26 projects valued at more than 786 million USD in total.
At the same time, work has been stepped up in localities to zone land for investment projects. With infrastructure construction in industrial areas, on-the-spot human resources development and administrative reform, Vinh Phuc has tackled difficulties facing businesses.
Chairman of the provincial People’s Committee Nguyen Van Tri said Vinh Phuc aims to become a centre of car and motorbike manufacturing.
The province paid special attention to luring science-technology intensive projects in the fields of mechanics, electronics, material construction, support industry and agriculture.
Delegations of provincial officials have travelled to countries with developed industries, and cutting-edge science and technology to woo investors.
