LEGO Manufacturing Vietnam Co. Ltd. has opened a recruitment office to seek thousands of workers for its factory in the southern province of Binh Duong which is expected to start operations in early 2024, the province’s employment centre said on September 18.
From now to 2025, Bac Giang will step up investment attraction to draw domestic and foreign resources for industrial development, said Director of the northern province’s Department of Industry and Trade Tran Quang Tan.
Investment and Industrial Development Corporation (Becamex) targets to earn a profit after tax of 2.26 trillion VND (95.8 million) this year, an increase of 32% compared to 2022, besides increasing charter capital to 20-30 trillion VND.
In order to achieve the target of industrial growth of 7-7.5% this year, Hanoi has been implementing a series of solutions to support industrial enterprises in the capital city.
The southern metropolis of Ho Chi Minh City needs to focus on improving domestic supply capacity and key market links with the southern economic region in order to promote industrial production and maintain the industrial sector's pillar role in the economy.
The northern province of Bac Giang will earmark 3.5 billion VND (149,250 USD) to activities to facilitate industrial development in the province. The funds have been approved by the provincial People’s Committee.
The Hanoi Supporting Industries Business Association (HANSIBA) and Association for Trade Promotion of Small and Medium-sized Enterprises (SMEs) of China’s Suzhou city on May 9 signed a Memorandum of Understanding (MoU) for cooperation in industrial development.
The decline of the processing and manufacturing industry in the first quarter of 2023, leading to a decline in economic growth, signals an urgently need to have effective policies and solutions to support the economy.
The Central Institute for Economic Management (CIEM) in collaboration with the Jakarta-based Economic Research Institute for ASEAN and East Asia (ERIA) held a workshop on industrial development in Vietnam in Hanoi on December 28.
With appropriate strategies, open policies, promoted administrative reform, and upgraded transport infrastructure, Long An province is considered a bright spot in attracting investment in industrial development in the Southern Key Economic Zone and the Mekong Delta region.
The Hai Phong Economic Zone Authority (HEZA) on September 12 hosted a meeting with a business delegation from Taiwan (China) to introduce cooperation and investment opportunities in the northern city.
The northern province of Quang Ninh has affirmed the viewpoint of selective investment attraction in industrial development, including prioritising environmentally friendly projects.
Prime Minister Pham Minh Chinh on August 22 requested the development of a self-reliant and modern defence industry on the back of three key factors, namely sci-tech capacity, human resources and institution building.
The northern central province of Thanh Hoa is striving to obtain fast and sustainable economic development and become a new growth powerhouse in the region, according to local authorities.
The northern city of Hai Phong has attracted 755.75 million USD in foreign direct investment (FDI) to local industrial parks (IPs) and economic zones (EZs) in the first half of 2022, raising total FDI there to 22.07 billion USD.
A circular economy aims to circulate the waste within a single enterprise or turn waste from one industry into a resource for another. According to the United Nations Industrial Development Organisation (UNIDO), a circular economy is a closed production cycle, where waste is returned as raw materials for production, thereby reducing any negative impact on the environment, ecosystems, and health.
The northern province of Bac Giang is focusing on increasing its ranking in the provincial competitiveness index (PCI) rankings, said Chairman of the provincial People's Committee.
The People’s Committee of northern Bac Giang province has granted investment registration certificates to two industrial park (IP) development projects with a combined capital of nearly 4 trillion VND (174.72 million USD).
Identifying industrial development a key economic drive, the northern province of Bac Giang eyes turning itself into an industrial locality following a modern and sustainable orientation.
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