The project will be located in Nhon Hoi Industrial Park (Zone A), spanning nearly 29 hectares. Once operational by 2029, the complex is expected to produce between 100,000 and 250,000 tonnes of PET pellets a year.

The People’s Committee of Ha Nam province on March 13 handed over an investment registration certificate to FPT Education of the technology service company FPT Group to invest in Nam Cao University Area in Phu Ly city.

Authorities in the northern province of Quang Ninh on September 19 to present an investment registration certificate to a 365.6 million USD project of Jinko Solar Vietnam Co. Ltd., an affiliate of the Jinko Solar Holding Co. Ltd.

Many provinces and cities have licensed projects worth billions of US dollars through their investment forums this year. But experts said the key issue remains how to push these projects from the planning to the action stage.

The Long An Border Gate Economic Zone in the Mekong Delta province of Long An is identified as an economic, cultural-social centre in the province, an official said.

The northern province of Quang Ninh completed procedures for licensing and granted the investment registration certificate for a cattle farming project within only three hours on March 5.