The southern province of Binh Duong moves to attract hi-tech and environmentally-friendly investment projects into industrial parks to serve its sustainable development through 2020.
The Japanese prefecture of Saga will partner with Vietnam’s northern province of Ha Nam on human resources training, announced a prefecture representative.
Vietnamese enterprises have a big opportunity to enter the global value chain with several investors entering the country, the Chairman of Vietnam Association of Foreign Invested Enterprises said.
Southern Binh Duong province has, to date, attracted approximately 22 billion USD in foreign direct investment with 2,511 valid projects, revealed the provincial Department of Planning and Investment.
Over 140 foreign and domestic enterprises are showcasing their products at the second Vietnam International Support Industries Exhibition (VSI Expo) 2015 which opened on August 27 in Ho Chi Minh City.
A workshop was held on August 21 to enhance linkages between domestic and foreign businesses and boost the development of the support industry in service of six prioritised industrial sectors.
Ho Chi Minh City is seeking more solutions to complete a project on
developing the support industry, which plays a key role in promoting the
sustainable development of major industries, according to a report on
the Government website chinhphu.vn.
Three exhibitions related to the support industry, Metalex Vietnam,
Vietnam Electronics Assembly and the Business Alliance for Support
Industry in HCM City, will be held at a single venue in HCM City in
October, the organisers announced on June 11.
A series of small-scale foreign direct
investment (FDI) projects have been funnelled into Vietnam,
contributing to increasing the number of FDI projects operating in the
support industry, reported Dau tu (Vietnam Investment Review) online.
Suitable incentives are essential to enhance the competitiveness of
enterprises in the support industry to develop the domestic automotive
sector, according to Chairman of the Vietnam Federation of Civil
Engineering Association Do Huu Hao.