Hanoi to develop more hi-tech, industrial zones
Hanoi has planned to build more hi-tech and industrial zones and
give priority to the electronics industry, auto manufacturing, garment
and biological technology.
Hanoi has planned to build more hi-tech and industrial zones and
give priority to the electronics industry, auto manufacturing, garment
and biological technology.
Hanoi will build nine industrial zones between now and 2015 and plans to build an additional 15 IZs in the following 15 years.
At present, the city has only eight IZs that have contributed 10 percent of the city’s industrial production value, 45 percent of its export revenues and 20 percent of its GDP. These IZs are generating 110,000 jobs.
According to the Management Board of Hanoi Industrial and Export Processing Zones, by June 2011, Hanoi’s IZs had attracted 537 projects, including 253 foreign direct investment projects totalling 3.63 billion USD./.
Hanoi will build nine industrial zones between now and 2015 and plans to build an additional 15 IZs in the following 15 years.
At present, the city has only eight IZs that have contributed 10 percent of the city’s industrial production value, 45 percent of its export revenues and 20 percent of its GDP. These IZs are generating 110,000 jobs.
According to the Management Board of Hanoi Industrial and Export Processing Zones, by June 2011, Hanoi’s IZs had attracted 537 projects, including 253 foreign direct investment projects totalling 3.63 billion USD./.
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
Business
Over 20,000 products exhibited at Global Sourcing Fair Vietnam 2024
The Global Sourcing Fair Vietnam 2024 hosted by Global Sources kicked off in Ho Chi Minh City on April 24 with the participation of over 400 Vietnamese exhibitors and those from other Asian nations who are showcasing over 20,000 export-standard products across various industries.
Business
Vietnam attends Asia’s biggest food, hospitality expo in Singapore
Five Vietnamese enterprises operating in the fields of food and hospitality are attending the Food & Hotel Asia (FHA) 2024 which is taking place in Singapore from April 23-26.
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Business
Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.
Business
Pepper prices continue increase trend
Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
