Hung Yen: Total social investment capital increases by more than 5.7%

According to the Department of Planning and Investment of Hung Yen Province, the total social investment capital implemented in Hung Yen Province in the first nine months of 2024 is estimated at more than 49 trillion VND, an increase of more than 5.7% over the same period last year.

Production activities at Mektec Manufacturing Vietnam Co., Ltd., Thang Long II Industrial Park, Hung Yen Province

There are more than 26 trillion VND and 645 million USD from 114 new investment projects and 89 projects with increased capital.

In the past nine months, 1,554 newly registered enterprises, with a total registered capital of more than 31 trillion VND, brought the total number of enterprises in Hung Yen Province to 18,038, with a total registered capital of more than 235 trillion VND.

By September 30, 2024, the total outstanding loans of credit institutions in Hung Yen Province reached more than 110 trillion VND, an increase of more than 13% compared to December 31, 2023. Short-term loans were more than 81 trillion VND, and medium and long-term loans were more than 29 trillion VND.

Credit institutions in Hung Yen Province always focus on prioritising capital for key areas to support people and businesses and contribute to the implementation of local economic program goals, such as agricultural and rural loans, export loans, loans to support small and medium enterprises, loans for supporting industries; loans for policy credit programs of the Bank for Social Policies, Hung Yen branch.

NDO