The Quang Ninh Provincial People’s Committee began construction of a high-end industrial complex costing more than VND2.7 trillion ($115 million) in Quang Yen town on September 1. The People’s Committee also granted investment certificates to two projects at the complex - the Quang Yen electronics factory, invested in by SHP and Saigontel, and a factory producing spare parts for agricultural machinery invested in by the Quang Yen Manufacturing Industry Co.

Disbursed investment in August from the State budget managed by Hanoi reached VND4.188 trillion ($178 million), up 2.2-fold year-on-year. Investors and construction units have focused their resources on speeding up construction progress at key projects to boost disbursement and create a driver for the capital’s development.