Experts have emphasised the pressing need to address the housing challenges faced by migrant workers in industrial parks and export processing zones, where they often live in cramped, small houses in substandard conditions.
A delegation of officials from Cuba had a working session with representatives of the Hai Phong Economic Zone Authority (HEZA) on May 11 on the occasion of their trip to the northern port city of Hai Phong.
The Management Board of Industrial Parks in the northern province of Nam Dinh on May 5 granted an investment licence to Quanta Computer Inc. of Taiwan (China) to produce laptops and desktops on an area of nearly 226ha in My Thuan Industrial Park, My Loc district.
The northern port city of Hai Phong is striving to create an attractive business environment for foreign investors, especially those from the European Union (EU), affirmed Secretary of the municipal Party Committee Le Tien Chau.
The northern province of Bac Giang aims to speed up the implementation of public investment projects, especially large-scale and key projects in the second quarter of this year, according to the provincial People’s Committee.
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.
Increasing foreign investment is expected to come to industrial, logistics properties in Vietnam, pushing the growth of the sector. according to insiders.
Foreign direct investment in the southern province of Dong Nai surpassed 500 million USD in the first quarter this year, nearly tripling that in the same period last year, according to the management board of the provincial industrial parks.
National Assembly Chairman Vuong Dinh Hue has suggested the northern province of Hung Yen invest more in infrastructure to draw investors as room for industrial development remains ample in the region.
Investment attraction in industrial parks (IPs) in the southern province of Ba Ria - Vung Tau showed signs of slowing down in the first quarter this year, reported the management board of the provincial IPs.
The steering committee of the “Eco-industrial park intervention in Vietnam – perspective from global eco-industrial parks programme” project has convened a meeting to review its implementation in 2022 and put forth another implementation plan until May 2024.
The index of industrial production (IIP) of the northern port city of Hai Phong is expected to grow by 13.5 – 14.5% per year, towards increasing the proportion of the manufacturing industry in GRDP to 46%.
Export processing zones and industrial parks (IP) in Ho Chi Minh City are on the process of transforming themselves towards green and ecology direction to meet the changing demands of businesses.
The Vietnamese real estate market has remained attractive to foreign investors and investment funds despite difficulties countering domestic firms, according to insiders.
In 2023, the northeastern province of Quang Ninh has determined enhancing the effectiveness of investment attraction and people’s living conditions as its key tasks.
Vietnam’s continued efforts to improve its business and investment climate is expected to help the country to lure in further foreign direct investment (FDI), which is considered one of the key impetuses for economic growth.
The Straits Times of Singapore, in an article published on February 7, highlighted the upcoming three-day official visit to the city state by Vietnamese Prime Minister Pham Minh Chinh.
The coming visit to Singapore by Vietnamese Prime Minister Pham Minh Chinh will be a key platform for both countries to reaffirm their excellent ties, said Singaporean Foreign Minister Vivian Balakrishnan in his written interview with the Vietnam News Agency.