Binh Duong’s first net-zero industrial cluster to be built

Gia Dinh Group and SEP Cooperative of the Republic of Korea (RoK) on April 13 signed a memorandum of understanding on building a net-zero industrial complex in the southern province of Binh Duong.
Binh Duong’s first net-zero industrial cluster to be built ảnh 1A representative of the SEP group introduced carbon neutralisation technology that will be applied at Tam Lap 2 industrial cluster in Binh Duong province's Phu Giao district. (Photo: baodautu.vn)

Hanoi (VNA) – Gia Dinh Group and SEP Cooperative ofthe Republic of Korea (RoK) on April 13 signed a memorandum of understanding onbuilding a net-zero industrial complex in the southern province of Binh Duong.

Within the framework of the signing ceremony, a representativeof the SEP group introduced carbonneutralisation technology that will be applied at Tam Lap 2 industrial clusterin Phu Giao district. Accordingly, solar energy will be used, waste and wastewater treatment systems built and industrial waste recycled in the cluster.

Construction of the 180-ha project is expected to begin at theend of this year with an investment capital of about 200 million USD.

Tam Lap 2 will be developed based on the carbon-neutral modelpiloted at Banwol-Sihwa Industrial Complex in the RoK. Once completed, it will welcome about 20 member companies of SEPto invest here.

Binh Duong province is calling for foreign investment inenvironment-friendly projects. In February this year, BecamexIDC Corporation and Singapore-based Sembcorp Development Ltd signed anagreement under which both sides will develop five green- and smart-orientedindustrial parks in Vietnam in the next three years, some of which will be located in Binh Duong.

Currently, the third Vietnam-Singapore Industrial Park (VSIPIII) in Binh Duong is being built in line with the criteria of a green industrial park.

Denmark-based LEGO group has decided to build its firstcarbon-neutral factory in VSIP III with an investment capital of 1.3 billionUSD. The plant is expected to becomeoperational by 2024, creating 4,000 jobs for local people within the next 15years./.

VNA

See more

VinFast's green bus fleet is ready to supply to three transport companies. (Photo: VNA)

VinFast launches new e-bus model

VinFast, a leading Vietnamese electric vehicle manufacturer, on January 17 launched a new electric bus model with the capacity to carry up to 60 passengers.

At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)

Vietnam, Poland discuss major measures to beef up economic ties

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.

Executive President of the China - ASEAN Business Council (CABC) Xu Ningning. (Photo: VNA)

Broader space for Vietnam - China cooperation: Chinese expert

By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.