FDI attraction exceeds 15.54 billion USD in first 7 months

  •  Sunday, August 7, 2022

As of July 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 15.54 billion USD in the first seven months of this year, equivalent to 92.93 percent of the same period last year.


VNA

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The completion of Son Luong - Sung Do - Nam Muoi inter-commune road makes it easier for people to trade goods and foster local socio-economic development.

Residents in Van Chan district donated land to build over 100km of roads in 2023, of which over 96 km were asphalted. To date, all inter-commune roads and over 84% of inter-village roads have been paved.

This year, Yen Bai province aims to have six additional communes recognised as new-style rural areas, nine advanced new-style rural communes and four model new-style rural areas. The locality is also striving to turn Yen Binh into a new-style rural district.

Experts examine and give advice on wood pellet production technology at the Yen Bai branch of the Netma JSC.

By applying technology, the branch of the Netma joint Stock Company in Vinh Kien commune of Yen Binh district, Yen Bai province, has completely mastered how to turn by-products generated during wood processing into bio pellets – a source of clean fuel for civil and industrial use as well as export.

Yen Bai aims to lure 60-80 investment projects each year.

A mountainous locality with many difficulties, Yen Bai has defined investment attraction as a key solution to boost the local socio-economic development.

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