Investment in Bac Ninh industrial zones

In the first quarter, the Provincial Industrial Zones Authority issued 32 new Investment certificates, with a total newly registered investment capital of 290.52 million USD. In which, 26 Investment registration certificates for 20 FDI projects with a capital of 237.77 million USD and 6 domestic projects with a capital of 1,213.15 billion VND, equivalent to 52.75 million USD.

Along with the issue of new Investment registration certificates, the Authority has also issued for adjustment of 78 projects, including 66 FDI projects and 12 domestic projects, with a total increased adjusted capital of 74.94 million USD. In which, there are 15 FDI ​​projects with the increased capital of 69.44 million USD, 3 domestic projects with total increased investment capital of 1,590.57 billion VND equivalent to 69.16 million USD and 1 FDI project with the reduced capital of 63.66 million USD.

Thus, the total investment capital in Bac Ninh industrial zones from the beginning of the year to now has reached 365.46 million USD (FDI projects 243.55 million USD; domestic projects 2,803.72 billion VND equivalent to 121.9 million USD). In addition, in the first quarter, issued for adjustment of 1 industrial zone infrastructure project with a total increased investment capital of 1,180.37 VND billion, equivalent to 51.32 million USD.

Registration for establishment of new enterprises

In the first 3 months of the year, the whole province had 576 newly established enterprises with a total registered capital of 5,746 billion VND, compared to the same period, increased 5.7% in number of enterprises and increased 40% in registered capital; the average capital per newly established enterprise was 9.98 billion VND, increased 54.2%.

Also in 03 months, the whole province had 301 enterprises restarted; 820 enterprises registered to change types of operation; 442 enterprises registered to suspend operation and 68 enterprises voluntarily dissolved.

Accumulated to this date, the province has 18,230 enterprises that are operating with a total registered charter capital of 280,525 billion VND; average registered capital per enterprise is 15.4 billion VND. In which, the One-member company limited accounts for the largest density of 55.5% with 10,121 enterprises, the total registered charter capital is 109,148 billion VND.

In addition, 795 enterprises temporarily suspend their business with a total registered capital of 4,347 billion VND.

Index of Industrial Production

In March, the Index of industrial production (IIP) increased very high (+34.9%) compared to the previous month and increased slightly 1.1% compared to the same month last year.

In which, the processing and manufacturing industry increased by 35% and 1.1%; the distribution of electricity, gas, hot water, steam and air conditioning increased by 5.4% and 2.8%; water supply, waste and wastewater management and treatment industry increased 18.5% but decreased 3.5%.

In the manufacturing and processing industry, the manufacturing industry of electronic products, computers and optical products was the main industry with a high increase (+36.7%) but a slight decrease (-0.2%). Generally, in the first quarter, IIP in the province achieved a good increase (+9.2%) over the same period last year and was the second consecutive year that the positive growth rate was achieved in the first quarter of the year.

Import and export turnover

In the first quarter, the total scale of export and import turnover was estimated at 18,624 million USD, increased 18.8% over the same period last year.

In the first three months of 2021, the export and import of goods in the province continued to reach the highest level in the period 2017-2021, while also reached the highest level of export surplus. The export turnover reached 10,149 million USD, increased 25.9%; the export surplus was estimated at 1,674 million USD, increased 80.8%.

The two export items, which accounted for the largest density, had a high increase over the same period last year: Phones and components; computers and components.

In the general context and situation in the world, the trading activities decline due to the epidemic and tightening the tariff barriers, increasing the domestic protection..., the positive growth in the export and import activities is also a good signal for the province’s economy.

State budget revenue

In the first quarter, the total state budget revenue in the province reached more than 9,624 billion VND, reached 34.6% of the yearly estimate, increased 5% over the same period last year.

In which, the domestic revenue was 7,958 billion VND (accounting for nearly 82.7% of total revenue), reached 35.7% of the yearly estimate, increased 5%. Some domestic revenues reached higher than estimated and maintained a good increase over the same period last year, such as: Non-state tax revenue 34.1%, increased 30.6%; collection of land use fees 47.8%, increased 49.4%; collection of fees and charges 36.1%, increased 19.3%...

For the budget expenditure, in the first quarter, the total local budget expenditure reached 7,054 billion VND, equal to 37% of the yearly estimate, increased 56.8% over the same period last year. The main reason is that the development investment expenditures accounted for the main density of 73.6%, a high increase of 89.5% over the same period last year; recurrent expenditure slightly increased by 5.7%. For the recurrent expenditure, the local budget also gives priority to the key sectors and fields, such as: Expenditure for education and training, expenditure for health care, ensuring the national defense and security and protecting the environment…