The Hai Phong Economic Zone Authority (HEZA) on January 24 granted investment licenses to five projects in industrial parks, including three foreign-invested projects worth 140 million USD and two domestic ones valued at over 2 trillion VND (86.9 million USD).
Economic and industrial parks nationwide drew 539 foreign-invested and 615 domestic projects with a total registered capital of 12.8 billion USD last year despite COVID-19 pandemic, up 15 percent annually, reported the Ministry of Planning and Investment (MoPI).
Industrial parks (IPs) in the northern province of Hung Yen are now home to 209 foreign-invested enterprises with 271 valid projects worth over 5 billion USD, according to the management board of provincial IPs.
The Chairman of the Hanoi municipal People’s Committee has signed a decision approving the establishment of two to five industrial parks in outlying districts for the 2021-2025 period.
Police in the northern province of Thai Nguyen have launched criminal proceedings against Phan Manh Cuong, Secretary of the Thai Nguyen city Party Committee and former head of the management board of the provincial industrial parks, for “showing lack of responsibility, causing damage to the State assets” in line with Article 179, Penal Code 2015.
The Embassy of Israel on December 13 presented more than 22,000 plants to farmers in Bac Phong commune, Cao Phong district, the northern mountainous province of Hoa Binh, in response to the 1-billion-tree growing project launched by the Vietnamese Prime Minister.
The disruption caused by the pandemic to production in industrial parks (IPs) and export processing zones (EPZs) is leading some to suggest a radical overhaul in the way in which these areas operate in the future.
Singaporean experts have shared experience in developing workers’ accommodations in industrial parks with Vietnam during a recent meeting with officials from the Ministry of Construction.
Ho Chi Minh City authorities are seeking 37.6 trillion VND (1.66 billion USD) to build affordable housing for workers over the next five years, of which State revenue will account for no more than 5 percent of the total investment, according to the Department of Construction.
Industrial parks in the southern province of Dong Nai attracted 46 new foreign direct investment (FDI) projects worth 358.85 million USD from the beginning of this year to November 11.
The People’s Committee of Binh Duong southern province on November 11 asked industrial parks in the province to support COVID-19 testing and inoculation for those who want to return to work.
Despite COVID-19 impacts, industrial parks (IP) in the southern province of Ba Ria-Vung Tau have seen good signs in investment attraction, according to the provincial IP Management Board.
Up to 97 percent of enterprises in the southern province of Dong Nai have to date resumed operations, with 86 percent of labourers returning to work, according to the Dong Nai Industrial Parks Management Board.
More than 1,300 companies and factories in export processing zones (EPZs), industrial parks (IPs) and hi-tech parks (HTPs) in Ho Chi Minh City, or 92 percent of the total, have reopened so far, according to the HCM City Export Processing Zone and Industrial Park Authority (HEPZA).
Nearly 1,450 enterprises in industrial parks in the southern province of Dong Nai have resumed operations with over 426,000 labourers working in the form of “three-on-site” or going home daily, said deputy head of the provincial IPs management board Le Van Danh on October 18.
The southern province of Binh Duong is striving to have 90 percent of its enterprises resume operations by the end of this month, and 100 percent by the end of this year.
The northern province of Thai Binh has paid heed to improving its investment and business climate as it has defined foreign direct investment (FDI) as an important solution to promote socio-economic development.
With its advantage as a southwestern coastal urban area of Quang Ninh province, Quang Yen town has attracted many large projects in various fields. The town is exerting every effort to become a motivator helping Quang Ninh achieve the goal of double-digit growth in 2021 amidst complicated developments of the COVID-19 pandemic.
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