The Mekong Delta’s Tien Giang province has attracted 15 investment projects so far this year with registered capital of VND7.77 trillion ($316 million), up 75 per cent year-on-year, the Voice of Vietnam has reported.

In October alone, the province had three newly-registered projects with capital of VND2.25 trillion (nearly $92 million).

Of the 15 projects are eleven domestically-invested and four foreign-invested.

Five other ongoing projects in the province added capital totaling of over VND1.85 trillion ($75 million).

According to the Tien Giang Department of Planning and Investment, the result is due to local authorities’ efforts in administrative reform and flexible policy implementation.

Tien Giang has recently attached much importance to investment attraction through an improved investment and business environment, administrative reform, infrastructure construction, and increased dialogue with and support for businesses in addressing difficulties.

Numerous activities to promote the potential and advantages of the province have been held to attract investors in fields such as seafood processing, fruit, and rice processing, among others.

In addition to four industrial parks and five industrial complexes currently in operation, the province plans to build more of the latter for investors.