Total investment capital disbursement in northern Ninh Binh province reached over VND14.47 trillion ($552 million) in the first five months of 2025, surging 14% compared to the same period last year, according to the provincial People’s Committee.

Of the total, public investment capital accounted for over VND3.84 trillion ($146 million) and FDI capital accounted for more than VND1 trillion ($38 million).

In May alone, more than VND3.2 trillion ($122 million) were disbursed, up 19% year-on-year.

Some key projects that recorded significant disbursement include infrastructure construction of Trang An eco-tourism site, expansion of Cao Bo – Mai Son section of the North-South Expressway,  and infrastructure construction of a residential area in Yen Hoa commune.

Last month witnessed many FDI projects to increase investment to expand production, including MCNEX Vina Ltd.Co investing VND68 billion ($2.59 million) to build a workshop and install equipment; the Simona Leather Ltd.Co investing VND28 billion (over $1 million); and the Adora Vietnam Investment and Development Ltd.Co investing VND23 billion ($877,000).