Vietnamplus

News and World Report of the US has ranked Vietnam eighth among 29 best economies to invest in, and first among the Association of Southeast Asian Nations (ASEAN) in the list.

The Indonesian government on October 11 officially inaugurated Sorong Special Economic Zone (SEZ) on an area of 523.7 hectares in Sorong district, West Papua province.

Vietnam is a bright spot in foreign direct investment (FDI) attraction in Southeast Asia, said Sam Cheong Chwee, Executive Director and Head of United Overseas Bank (UOB) Group’s Foreign Direct Investment Advisory Unit at UOB.

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 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.

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.

The capital city of Hanoi’s industry and trade sector has developed models to supply “made-in-Vietnam” products to rural areas, as well as industrial and processing zones which employ millions of labourers.

The northern province of Vinh Phuc enjoyed robust economic growth in the first eight months of 2019.

The Sourcing Fair for Supporting Industry with Buyers that is underway in Ho Chi Minh City seeks to enhance supply chain linkages in supporting industries, enhance direct connections between foreign and other manufacturing firms and Vietnamese parts suppliers.

Many companies are moving their factories from other countries to Vietnam, showing the potential for strong development of industrial real estate, according to Savills Vietnam.

The northern province of Vinh Phuc has worked to improve business environment and enhance provincial competitive capacity in a move to attract more foreign and domestic investments to the locality.

The northern province of Vinh Phuc has reaped impressive achievements in attracting foreign direct investment (FDI) over the past three decades, thanks to favourable geographical location and determination to improve business environment.

Indonesian President Joko Widodo on September 3 ordered breakthroughs to accelerate the Fourth Industrial Revolution (Industry 4.0) roadmap in the country.

The southern provinces of Binh Duong and Dong Nai have given top priority to projects with high added value and rolled out the red carpet for investors with technological breakthroughs.

A delegation from the General Federation of Trade Unions of Korea (GFTUK), led by its Chairman Ju Yong Gil, visited the northern province of Ha Nam on August 28.

The Thai Government has ordered the Board of Investment (BoI) to devise a relocation package for foreign investors wishing to shift from China to Thailand as a result of the US-China trade dispute.

Prime Minister Nguyen Xuan Phuc has asked authorities of the northern mountainous province of Thai Nguyen to make more efforts for greater socio-economic achievements in the coming time.

Chinese steel firm Mintal Group Co. Ltd has expressed a desire to build a 2 billion USD Ferocrom, stainless steel and non-ferrous metal factory in central Thanh Hoa province’s Nghi Son economic zone.

The Ministry of Construction has green-lighted Kien Giang province’s proposal to suspend the master plan to develop Phu Quoc Island into a special administrative-economic zone (SEZ).

Over 400 domestic and foreign exhibitors are introducing their products at the Fire Safety & Rescue Vietnam - Secutech Vietnam 2019, which opened at the Sai Gon Exhibition and Convention Centre in Ho Chi Minh City on August 14.