LS Electric Vietnam factory
with a total investment of 25 million USD (expanded Yen Phong Industrial Park)
went into operation from October 2022.
During the year, the Bac
Ninh Industrial Zones Authority has effectively implemented the management of
production and business activities for industrial park enterprises; promptly
solved difficulties and problems of enterprises; coordinated with relevant
units to promptly solve the proposals and problems of enterprises related to
electricity supply, water supply, land lease, incentives, disputes over land
lease contracts, factory lease... Therefore, the planned targets have been
achieved and exceeded by about 7-10%. Enterprises in the industrial zones
created industrial production value of 1,425,036 billion dong (10% higher than
the plan and 15% higher than in 2021); export value is estimated at 41.1
billion USD (surpassing 11% of the plan and increasing 17% compared to 2021);
import value is estimated at 33.69 billion USD (over 32% of the plan and up 23%
compared to 2021).
The Bac Ninh IZA
implemented the termination of operation of investment projects and revoked
investment licenses, investment certificates, investment registration
certificates (GPĐT/GCNĐT/GCNDKĐT) for 36 projects, with total registered
investment capital of 102.78 million USD. Accumulated up to now, 344 projects
have been terminated and withdrawn with a total registered investment capital
of more than 1.346 billion USD./.
