Telecom providers VNPT and Viettel have registered to pilot 5G services in the Mekong Delta province of An Giang this year, Deputy Director of the provincial Department of Information and Communications Nguyen Thanh Hai has said.
The southern province of Binh Duong will spend around 9 trillion VND (388 million) on key transport projects this year to boost socio-economic development, Chairman of the provincial People’s Committee Nguyen Hoang Thao has said.
Politburo member and Secretary of Hanoi’s Party Committee Vuong Dinh Hue asked foreign hi-tech groups to consider investing in the city’s existing industrial zones, including the Hoa Lac Hi-Tech Park, while receiving representatives from FDI enterprises operating in the high technology industry on January 19.
Hanoi will carry out an array of industry and trade development measures with a view to building Hanoi into an international trade hub in the region and the country, as well as concretising the resolution adopted at the municipal Party Organisation's 17th congress.
The northern port city of Hai Phong will make efforts to attract between 2.5 - 3 billion USD in foreign direct investment (FDI) in 2021, according to head of the management board of Hai Phong’s economic zones Le Trung Kien.
After telecoms carriers conducted commercial 5G trials in big cities like Hanoi and Ho Chi Minh City, many provinces have sent recommendations to the Ministry of Information and Communications to allow the carriers to deploy 5G in their urban areas, industrial zones and key areas.
Over 747.6 million USD were poured into export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in 2020, representing a year-on-year increase of 15.79 percent, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
Workers, especially in industrial zones, are encountering dual challenges amid the COVID-19 pandemic: keeping their job in uncertain times while continuing to demand that their rights and entitlements remain protected, the deputy head of Cooperation at the EU Delegation to Vietnam said.
Despite attracting 341 investment projects with 847.3 million USD in 2018-2020, Da Nang City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Vietnam.
The purchasing power in the domestic market is expected to increase by between 15-20 percent from now until the 2021 Tet (Lunar New Year), with food products seeing the strongest rise, said Tran Duy Dong, Director of the Ministry of Industry and Trade (MoIT)’s Domestic Market Department.
The local condominium market is expected to maintain growth in the amount of information about property products posted on batdongsan.com.vn and the level of interest in 2021, said Nguyen Quoc Anh, chief business officer (CBO) of the batdongsan.com.vn.
Ho Chi Minh City will step up efforts to attract foreign direct investment by focusing on infrastructure and administrative procedures, with priority given to high-tech projects, a top city official has said.
A forum on the linkage and investment opportunities for small and medium enterprises (SMEs) was held in Ho Chi Minh City on December 9 as part of the US Agency for International Development (USAID) Linkages for Small and Medium Enterprises (USAID LinkSME) project.
Digital transformation will help enterprises in HCM City’s industrial zones (IZs) and export processing zones (EPZs) improve their competitive advantage in global economic integration by increasing productivity and improving operational efficiency, experts have said.
Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.
A few years ago hundreds of people used to descend on coffee plantations in the Central Highlands region to work as coffee pickers during the harvest season when coffee prices were high.
Ho Chi Minh City’s authorities plan to offer competitive land rents and other incentives at industrial parks (IPs) and export processing zones (EPZs), and earmark more land for building infrastructure to attract investment.
The Ministry of Planning and Investment (MPI) and the United Nations Industrial Development Organisation (UNIDO) have launched the project “Eco-industrial Park Intervention in Vietnam - Perspective from the Global Eco-Industrial Parks Programme”.
Support industries for machinery manufacturing, electronics, and deep processing are forecast to attract greater foreign investment in the years to come, according to insiders.
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