IP land occupancy rate reaches 73 percent

The occupancy rate in operational industrial parks (IPs) across the country has reached 73 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.
IP land occupancy rate reaches 73 percent ảnh 1At the Crystal Sweater Vietnam in Trang Due IP in Hai Phong (Source: VNA)

Hanoi (VNA) - The occupancy rate inoperational industrial parks (IPs) across the country has reached 73 percent,according to the Economic Zone Management Department under the Ministry ofPlanning and Investment.

As of early June, there were 325 IPs, including44 foreign-invested ones, nationwide with combined area of 94,400 hectares, with64,000 hectares for lease.

Of which, 200 IPs on 60,900 hectares have beenput into operation. The rest of the area is under construction.

The coastal area is home to 36 IPs andnon-tariff areas in 16 economic zones (EZs), covering 815,000 hectares on landand water. They span over a combined area of 16,100 hectares, with 7,800hectares were for lease.

Two more coastal EZs are to be established inthe northern province of Nam Dinh and Thai Binh.

Total registered and adjusted capital of 375foreign investment projects in the IPs was reported at 6.2 billion USD, whilethe domestic figure was 108 trillion VND (4.75 billion USD) in 318 projects and115 adjusted ones.

Big projects registered in May include theexpansion of a 2.5 billion-USD factory of Samsung Display Vietnam in Yen PhongIP, the northern province of Bac Ninh; a 220 million-USD tire cord project of theRepublic of Korea’s Kolon Industries Inc. in the southern province of BinhDuong; and a steel production factory worth 60 trillion VND (2.64 billion USD)of Hoa Phat Group in Dung Quat EZ in the central province of Quang Ngai.-VNA
VNA

See more

Production at a small enterprise in Thanh Hoa province. Linkages will help small and medium sized enterprises diversify markets. (Photo: VNA)

Local businesses should strengthen links to overcome global challenges: Experts

Tran Thi Hong Minh, Director of the Institute for Policy and Strategy Studies under the Party Central Committee’s Commission for Policies and Strategies, said: "In a world of rapid and complex changes, linkages help businesses diversify markets, connect with new models and better use resources. They are also critical in mitigating risks and enhancing overall competitiveness.”

Nestlé Vietnam announces investment expansion in Vietnam operations (Photo: thanhnien.vn)

Nestlé announces investment expansion in Vietnam operations

Since 2011, Nestlé’s NESCAFÉ Plan has supported over 21,000 coffee farming households in adopting internationally recognised sustainable farming practices. These efforts have helped reduce water use by 40–60%, cut chemical fertiliser use by 20%, and increase farmers' incomes by 30–150% through crop diversification

Vietnam to diversify markets for agricultural products amid global trade shifts. (Photo: VNA)

Vietnam to diversify markets for agricultural products amid global trade shifts

According to the Ministry of Agriculture and Environment (MAE), Vietnam’s agricultural product exports are inevitably affected by disruptions in global supply chains and the imposition of unilateral, stringent tariff policies by major economies. Nonetheless, these challenges also present an opportunity for Vietnam to adjust its export strategy and focus more intently on emerging and high-potential markets.

Delegates commence the construction of AEON Hai Duong Shopping Centre in Hai Duong Province on April 19. (Photo courtesy of AEON Vietnam)

Construction of AEON Hai Duong Shopping Centre kicked off

With a total investment of around 1.18 trillion VND (45.6 million USD), the AEON Hai Duong Shopping Centre is designed with a total floor area of approximately 3.6 hectares. Spanning an estimated gross floor area (GFA) of roughly 38,100 sq.m, the shopping centre will feature ample parking space for nearly 600 cars and 1,200 motorcycles.

Hai Phong hosts a conference on green transition and sustainable development. (Photo: congluan)

Hai Phong’s green growth sees both progress and obstacles

As part of its 2024 green growth efforts, Hai Phong implemented initiatives across 17 sectors. These included building and refining legal and policy frameworks as well as strengthening state management in line with green growth objectives.