Vietnamplus

The southeastern province of Binh Phuoc held a workshop in Bangkok on October 17 to invite Thai investors to do business in the province.

The Mekong Delta is subsiding at an alarming rate, and if the situation continues without effective solutions, the livelihoods of tens of millions of people will be threatened, especially those in coastal areas, heard a recent workshop.

The northern province of Vinh Phuc has been an ideal destination for investors thanks to its geographical location and preferential policies for investment attraction.

Prime Minister Nguyen Xuan Phuc has signed Directive 25/CT-TG on measures to promote sustainable growth and development of the northern key economic zone.

Industrial property in the Northern Key Economic Zone (NKEZ) saw strong development in the third quarter of this year, according to Jones Lang LaSalle firm (JLL Vietnam).

Private sector investment in social infrastructure is needed to raise the quality of life for workers in export processing zones and industrial parks, Tran Cong Khanh, chief of the secretariat of the Export Processing Zone and Industrial Park Authority.

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.

The northern province of Vinh Phuc has become popular among both domestic and foreign investors as a friendly and promising destination for successful projects.

The occupancy rate at operational industrial parks (IPs) nationwide hits nearly 75 percent, according to the Economic Zone Management Department under the Ministry of Planning and Investment.

A number of organisations in Ho Chi Minh City have provided assistance and consultancy for small and medium-sized enterprises (SMEs) while banks have offered them loans on easy terms but they do not make use of either consultancy or loans, heard a conference in the city on October 3.

Secretary of northern Bac Ninh provincial Party Committee Nguyen Nhan Chien hosted a local reception on October 2 for a delegation from the Russia – Vietnam Friendship Association led by General Director of Russia’s Yaroslav Region Export Support Centre Bagrova Natalia.

Businesses operating in the spheres of electricity and electronics support industry in the northern province of Vinh Phuc raked in nearly 2.6 billion USD in the first nine months of this year, up 8 percent year-on-year.

Vietnam’s first asphalt road containing recycled plastics is being constructed at the Deep C Industrial Complex in the northern port city of Hai Phong with technological consultancy from Dow Vietnam.

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.

The northern province of Hung Yen will spare no efforts to turn it into the optimal investment destination for Japanese investors, Chairman of the provincial People’s Committee Nguyen Van Phong said on September 27.

Japan’s Sumitomo Corporation will spend 19 billion JPY (177 million USD) to expand two industrial parks in Vietnam in order to serve businesses shifting production away from China to avoid the trade war.

A conference to link buyers and sellers of goods in Ho Chi Minh City and 45 other cities and provinces opened in the city on September 26.

The northern province of Bac Ninh always creates the best possible conditions and promptly tackles obstacles for foreign enterprises, including those from the Republic of Korea (RoK), stated a local leader.

Most industrial parks in the country, including in the southern key economic zone, lack housing for workers, said Phan Van Anh, Vice President of the Vietnam General Confederation of Labour.