Viglacera begins construction on industrial park
The State-owned glass and construction ceramic corporation (Viglacera)
on February 26 started work on the construction of the Phu Ha Industrial
Park in the northern province of Phu Tho.
The State-owned glass and construction ceramic corporation (Viglacera)
on February 26 started work on the construction of the Phu Ha Industrial
Park in the northern province of Phu Tho.
Covering an area of 350 ha, the industrial park has a total investment of 1,730 billion VND (82 million USD).
Major industries at the industrial park include electronic devices, high-quality building materials, food and beverage, and mechanical products.
It is expected to attract a number of domestic and foreign investors thanks to its advantageous location and lower rent compared to other industrial parks in the region.
Also on the occasion, two manufacturers were awarded licences to build their plants in the complex. The two plants will create some 3,300 jobs.-VNA
Covering an area of 350 ha, the industrial park has a total investment of 1,730 billion VND (82 million USD).
Major industries at the industrial park include electronic devices, high-quality building materials, food and beverage, and mechanical products.
It is expected to attract a number of domestic and foreign investors thanks to its advantageous location and lower rent compared to other industrial parks in the region.
Also on the occasion, two manufacturers were awarded licences to build their plants in the complex. The two plants will create some 3,300 jobs.-VNA
You should also see
InfographicADB maintains 2024 economic growth forecast for Vietnam
In its April 2024 Asian Development Outlook (ADO) report, the Asian Development Bank (ADB) has maintained its earlier forecast for Vietnam’s economic growth this year, despite ongoing uncertainties from the external environment. Vietnam’s economy is expected to achieve a growth rate of 6.0% in 2024 and 6.2% in 2025.
See more
Business
Vietnamese furniture products introduced at Milan Design Week
Ambassador to Italy Duong Hai Hung has congratulated Vietnamese enterprises - the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the Handicraft and Wood Industry Association of HCM City (HAWA) - for their initial success in showcasing Vietnamese products in Milan Design Week in Italy - a design & brand arena of furniture businesses around the world.
Business
Measures sought to boost Vietnam - Russia digital economic cooperation
The Vietnamese Embassy in Russia organised a seminar on April 19 on prospects for Vietnam-Russia digital economic cooperation, attracting over 100 delegates representing ministries, sectors, research institutes, and business associations of the two countries.
Business
Vietnam becomes biggest rice supplier for Singapore
Vietnam has for the first time surpassed India and Thailand to become the largest rice exporter to Singapore by shipping 36.15 million SGD (26.55 million USD) worth of rice in the first three months of this year, an increase of 80.46% over the same period in 2023, winning 32.03% of the market share, according to the Vietnam Trade Office in Singapore.
Business
Cooling equipment market heats up
Many electronics supermarkets in Hanoi have launched summer promotion programmes, reducing prices for cooling equipment such as air conditioners and fans, as the weather in the north of Vietnam has just begun to be hot and sunny.
Business
Vietnam an attractive destination for electronics, semiconductor investors: Official
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
