Vietnam Northern Province Revokes Licenses from Eight Projects

Vietnam’s northern Bac Ninh Industrial Zones (IPs) Management Board has so far this year withdrawn the investment licenses from eight investment projects for their sluggish implementation.

The province has so far revoked licenses from 46 projects for their slow-moving and inefficient operations.

Among those, 14 projects were located in Tien Son IP, 21 in Que Vo IP and the remainder in Dai Dong - Hoan Son IP.

Seven out of 46 projects were foreign-invested ones, including those in the field of textile and garment production and export. (Vietnam & World Economy)