Bac Ninh receives $745.2 mln in Q1 foreign investment, coming second in Vietnam

Bac Ninh receives $745.2 mln in Q1 foreign investment, coming second in Vietnam

Vietnam’s northern industrial province of Bac Ninh attracted total foreign investment of $745.2 million in the first quarter (Q1) of this year, coming second nationwide in terms of foreign capital inflows with a 12.1% share, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam aims to mobilize foreign capital for 30% of $67 bln high-speed railway

Vietnam plans to mobilize foreign capital to pay for 30% of the planned North-South high-speed railway project, Minister of Finance Ho Duc Phoc said Monday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Land use rights proposed to be mortgaged for foreign loans

Land use rights proposed to be mortgaged for foreign loans

Vietnam should have a mechanism allowing its enterprises to mortgage land use rights and assets attached to land to raise foreign capital, said Darryl Dong, principal financial specialist at the International Finance Corporation (IFC).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7