The province, part of the Southern key economic region, also approved almost USD 21 million added to three existing projects, its report on the January socio-economic performance shows.

With respect to domestic investment, it licensed a new project worth VND 80 billion (USD 3.1 million) and approved capital adjustment of VND 25 billion to one project.

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An automobile tire factory of Sailun Vietnam Co., Ltd. in Phuoc Dong Industrial Park in Tay Ninh province

As of January 22, it housed 394 foreign invested projects worth more than USD 10.2 billion in value, along with 723 domestically invested ones with registered capital totaling over VND 140.8 trillion.

Tay Ninh’s exports rose by 7.3% from the previous month to USD 580 million, while imports were worth USD 558 million, up 6.4%.

Retail sales of goods were estimated at VND 8.6 trillion in January, up 13.4% from a year earlier.

The province welcomed almost 1 million visitors in January, a record number and double that of the same month last year, according to its Department of Culture, Sports and Tourism.

Tourism turnover stood at USD 473 billion, surging 205% year-on-year.

Source: VNA