Ho Chi Minh City is developing its first special economic zone in the
south of the city, encompassing districts 7, Nha Be and part of Binh
Chanh and Can Gio with a focus on marine economy.
A Japanese tuna company has urged tuna fishermen in Vietnam’s central
Binh Dinh province to update their fishing techniques and facilities if
they are to export tuna to Japan.
The Hanoi People's Committee has approved a proposal to build the
country's largest inland container depot (ICD) in Duc Thuong commune,
Hoai Duc district, west of the city.
Saigon Securities Inc (SSI) bought 111,730 shares, with an option to
purchase another 615,180 shares, in Dong Nai Port Joint Stock Company
(PDN) on December 25 and 26.
Ho Chi Minh City will set up its first special economic zone in the
districts of Binh Chanh, 7, 3, Nha Be and Can Gio to focus on developing
a sea-borne economy, the Vietnam Net online newspaper reported.
By the end of the first quarter of 2014, the processing and
manufacturing industry obtained relatively high growth, the Vietnam
Economic News reported, adding that while the sector’s inventories
decreased gradually the market for industrial products remained
difficult.
Industrial park developers are turning from long-term land leases to
added-value pre-fabricated factory construction for lease with areas of
about 2,000-3,000 square metres, the Vietnam Investment Review (VIR)
reported on March 4.
With trade becoming a major contribution to economic growth, Vietnam
’s future export growth must be based on enhancing competitiveness and
capturing greater value addition, experts have urged.
DHL Supply Chain, a company that provides contract logistics solutions,
announced on May 16 that it will expand its business operations in
Vietnam with an investment of 10 million EUR (13 million USD) in
facilities and IT solutions.
The Singaporean Airlines Engineering Company
(SIAEC) will soon provide VietJet Air’s fleet of Airbus A320s with
Inventory Technical Management services.
HCM City industrial parks and export processing zones will continue
to give priority to industries with high value-added products and
services, high technologies, and low labour intensity, city officials
have said.
Damco, a global leader in supply chain solutions and freight forwarding,
on April 20 opened a new 26,000-square-metre modern distribution centre
to better satisfy export needs of enterprises in southern Binh Duong
province, supporting its growth in both international and domestic
markets.
The Vietnam National Foreign Trade Shipping and Warehousing Corporation
(Vietrans) will work with the Vietnam Joint Stock Commercial Bank for
Industry and Trade (VietinBank) to provide inclusive export services for
the Vietnamese market.
Le Thanh Hai, secretary of the HCM City Party Committee, has said the
city will try its best to attain an annual GDP growth rate of 12 percent
during the 2011-15 period.
The Singapore-based Mapletree company held a ground-breaking ceremony
for a new international logistics park at Vietnam-Singapore Industrial
Park (VSIP) in the northern province Bac Ninh on Sept. 23.
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