Vietnamplus

Enterprises in industrial parks (IPs) of the northern province of Bac Ninh aim to generate 1.2 quadrillion VND in industrial production value in 2020.

Leaders of the Mekong Delta province of An Giang on November 26 had a working session with representatives from the industrial park (IP) investment promotion association of the Republic of Korea (RoK) on developing smart IPs in the locality.

The production value recorded at the industrial parks (IPs) across the Mekong Delta province of Tien Giang reached nearly 57.38 trillion VND (2.47 billion USD) between January and September, up 13.77 percent year-on-year.

To attract more investment, especially from overseas, Ho Chi Minh City needs to renovate and reform its export processing zones (EPZs) and industrial parks (IPs), said Tran Quang Truong, General Director of Tan Binh Industrial Park.

Industrial parks and economic zones attracted 397 foreign direct investment (FDI) projects with estimated registered capital of 10.1 billion USD in the first nine months of this year.

Industrial parks (IP) in the central province of Thua Thien - Hue have so far attracted 143 investment projects with a total registered capital of nearly 92 trillion VND (3.94 billion USD), generating jobs for nearly 25,000 labourers, according to insiders.

The northern coastal province of Quang Ninh is offering various incentives and preferential mechanisms to encourage investors to invest in economic zones (EZs), industrial parks (IPs) and border economic zones (BEZs) in the province.

The northern province of Hai Duong attracted over 365 million USD of foreign direct investment (FDI) in the first four months of this year, up 26.2 percent year-on-year, according to local authorities.

Experts have recommended a number of measures to increase foreign direct investment (FDI) in HCM City’s export processing zones (EPZs) and industrial zones (IPs).

326 industrial parks (IPs) were established nationwide in 2018.

The southern province of Dong Nai has so far attracted 1,378 foreign-invested projects with total registered capital of 28.5 billion USD, according to the provincial People’s Committee.

Vietnam has given priority to green growth during its economic development, according to Inter Press Service (IPS).

The rate of land rental in the industrial parks (IPs) and industrial clusters in the southern province of Binh Duong has reached 80.8 percent and 70.6 percent, respectively.

The southern province of Ba Ria-Vung Tau has urged for closer coordination in environmental protection and management at local industrial parks (IPs).

The southern province of Ba Ria – Vung Tau is taking measures to attract investors to local industrial parks (IPs).

Kien Giang province has called for investments in infrastructure projects in Thanh Loc, Thuan Yen, Xeo To, Tac Cau and Kien Luong II industrial parks with a total area of 763 hectares.

The northern province of Bac Giang will plan the development of new industrial parks in the locality from 2020 – 2030, according to Tran Vu Thong, Vice Head of the province’s IP management board.

Export processing zones and industrial parks in Ho Chi Minh City attracted about 384 million USD in investment in the first six months of 2017, up 39 percent year on year, including nearly 160 million USD of foreign investment, a rise of 24 percent.

Hanoi has focused efforts on improving administrative procedures and business climate as well as priority mechanisms to develop industrial parks and attract more investments in its IPs this year.

Industrial parks located in mountainous areas or far from downtown Dong Nai province have caught eyes of more investors since early 2016 thanks to local efforts to develop transport infrastructure.