Quang Ninh, May 9 -- The northern province of Quang Ninh is targeting more than 3 billion USD in foreign direct investment (FDI) this year, betting that a strategic shift in its investment attraction model from breadth to depth will accelerate its bid to become a centrally-run city ahead of schedule.

According to a local socio-economic report, Quang Ninh already pocketed 222.25 million USD in FDI during January-April. It granted investment registration certificates to 10 new projects valued at over 125.33 million USD, while eight existing project ventures added another 96.72 million USD.

Quang Ninh now boasts 237 valid FDI projects from 20 countries and territories, with a total registered capital approaching 16 billion USD. Even better...