Industrial and economic zones have not only played a major role inattracting domestic and foreign investment capital but alsosignificantly contributed to the country’s socio-economic development,the Vietnam Economic News reported.
As of September 2014,Vietnam had 295 established industrial zones, including 207 operationalindustrial zones with an average occupancy rate of 65 percent. Inaddition, the country also had 15 economic zones.
To date,industrial and economic zones have attracted 5,591 FDI projects withtotal registered capital of 118.1 billion USD, accounting for 49 percentof total FDI capital in Vietnam. In the first nine months of this year,industrial and economic zones attracted more than 600 FDI projects withtotal registered capital of 7.8 billion USD, accounting for 70 percentof total FDI capital in Vietnam.
Domestic investment inindustrial and economic zones in recent years has also increased.Statistics showed that industrial and economic zones had attracted morethan 512.028 trillion VND, accounting for more than 50 percent of totaldomestic investment capital. In the first nine months of this year,industrial and economic zones attracted 75.074 trillion VND, an increaseof 16 percent compared to the same period last year.
Accordingto the Ministry of Planning and Investment, thanks to attractiveincentives for investment projects, in the coming time, investmentcapital in industrial and economic zones is expected to increase.
TranDuy Dong, Director of the Economic Zone Management Department under theMinistry of Planning and Investment, was quoted as saying thatindustrial and economic zones had played a major role in the country’ssocio-economic development. These zones have contributed 25 percent tothe index of industrial production and accounted for more than 20percent of Vietnam’s export value. In addition, these zones have createdjobs for more than 2.3 million employees and this figure is expected toincrease in the coming time.
Industrial and economic zones haverecorded strong growth in business and production activities in thebeginning months of this year. Total revenues of enterprises inindustrial and economic zones reached over 55.7 billion USD. Exportturnover stood at more than 35.7 billion USD. Meanwhile, import turnovertotalled 34.7 billion USD. In the first nine months of this year,industrial and economic zones contributed more than 42 trillion VND tothe state budget.-VNA
As of September 2014,Vietnam had 295 established industrial zones, including 207 operationalindustrial zones with an average occupancy rate of 65 percent. Inaddition, the country also had 15 economic zones.
To date,industrial and economic zones have attracted 5,591 FDI projects withtotal registered capital of 118.1 billion USD, accounting for 49 percentof total FDI capital in Vietnam. In the first nine months of this year,industrial and economic zones attracted more than 600 FDI projects withtotal registered capital of 7.8 billion USD, accounting for 70 percentof total FDI capital in Vietnam.
Domestic investment inindustrial and economic zones in recent years has also increased.Statistics showed that industrial and economic zones had attracted morethan 512.028 trillion VND, accounting for more than 50 percent of totaldomestic investment capital. In the first nine months of this year,industrial and economic zones attracted 75.074 trillion VND, an increaseof 16 percent compared to the same period last year.
Accordingto the Ministry of Planning and Investment, thanks to attractiveincentives for investment projects, in the coming time, investmentcapital in industrial and economic zones is expected to increase.
TranDuy Dong, Director of the Economic Zone Management Department under theMinistry of Planning and Investment, was quoted as saying thatindustrial and economic zones had played a major role in the country’ssocio-economic development. These zones have contributed 25 percent tothe index of industrial production and accounted for more than 20percent of Vietnam’s export value. In addition, these zones have createdjobs for more than 2.3 million employees and this figure is expected toincrease in the coming time.
Industrial and economic zones haverecorded strong growth in business and production activities in thebeginning months of this year. Total revenues of enterprises inindustrial and economic zones reached over 55.7 billion USD. Exportturnover stood at more than 35.7 billion USD. Meanwhile, import turnovertotalled 34.7 billion USD. In the first nine months of this year,industrial and economic zones contributed more than 42 trillion VND tothe state budget.-VNA
