The Ministry of Planning and Investment (MPI) has asked the management boards of industrial and economic zones in provinces and centrally-run cities to submit reports on the construction and development of industrial and coastal economic zones this year to make a comprehensive evaluation on their operations.
Hong Duc Industry JSC, part of DEEP C Industrial Zones, Bamboo Capital Group and Sojitz Corporation on November 25 signed a Memorandum of Understanding (MoU) to develop an industrial park project and ancillary infrastructure services with expected total investment capital of approximately 250 million USD.
The Department of Planning and Investment of the southern province of Tay Ninh has adopted many solutions and held dialogues with local and foreign-invested businesses in order to promptly remove difficulties and obstacles facing businesses to help them recover production.
More than 96 percent out of 1,412 companies located in industrial and export processing zones in Ho Chi Minh City have resumed operations with up to 80 percent of the total number of labourers back to work.
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 Management Board of HCM City Export Processing Zone and Industrial Park Authority (HEPZA) on November 12 said the investment inflow into the city's industrial zones has shown many positive signs.
Nearly 96 percent of enterprises at 17 processing and industrial zones in Ho Chi Minh City have resumed operations after over one month after social distancing measures were lifted, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
The export turnover of Mekong Delta province of Kien Giang hit over 582 million USD in the first ten months of 2021, meeting 77.7 percent of the year's plan.
Binh Duong province, a major industrial hub in the southern region, has still managed to attract over 1.5 billion USD in foreign direct investment (FDI) so far this year despite considerable impacts of the COVID-19 pandemic.
Dong Nai has attracted 1.1 billion USD to nearly 140 foreign direct investment (FDI) projects since the start of this year, according to the Industrial Zones Authority of this southern province (DIZA).
There are nearly 1,400 firms or over 80 percent of those operating in 31 industrial parks in the southern province of Dong Nai have resumed their operations, according to the provincial Industrial Zones Authority.
Production is continuing at six industrial zones and hi-tech parks in the central city of Da Nang, while nearly 80 percent of the total labour force has been maintained since the city began lockdown on August 16.
As many as 1,104 out of 1,120 enterprises at Bac Ninh industrial zones have resumed operation, according to a representative of the Management Board of Bac Ninh Industrial Parks.
Since the beginning of this year, the central city of Da Nang has adopted synchronous, flexible and effective measures to realise the Government’s double goals of fighting the COVID-19 pandemic and restoring socio-economic development, on the back of strong engagement of the local political system, and active involvement of businesses and people.
Deputy Prime Minister Vu Duc Dam on May 27 requested the northern provinces of Bac Giang and Bac Ninh to continue speeding up the implementation of COVID-19 prevention and control measures to prevent the pandemic from spreading to other industrial zones.
HCM City reported a foreign direct investment (FDI) influx of 1.14 billion USD in the first four months of 2021, posting a year-on-year decline of 12.92 percent.
Total new and additional investment capital in Ho Chi Minh City’s industrial and processing zones reached 224.61 million USD in the first quarter of this year, an increase of 66.34 percent year-on-year and representing 40.84 percent of the annual plan.
In an era of protectionism where the jitters of COVID-19 are still being felt by many economies, Vietnam is soaring to become one of the prime locations for export manufacturers, said a recent article published on the Hong Kong-based global industry analysis firm Counterpoint.
About 4,000 people who work in industrial zones, coach stations, restaurants, or live in apartment buildings that accommodate many foreigners in Hanoi will be tested for SARS-CoV-2 by March 19.
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