Industrial parks

Dong Nai province has 35 industrial zones approved by the Government. Up to now, 32 industrial zones have been established, while three industrial zones are completing the procedures, namely Cam My Industrial Park with an area of 300 hectares in Cam My District, Phuoc Binh Industrial Park with an area of 190 hectares in Long Thanh District, and Gia Kiem Industrial Park with an area of 330 hectares in Thong Nhat District. In the future, these new industrial zones will attract many domestic and foreign investors operating in the industries that the province needs. It is expected that from 2021 to 2030, eight other industrial zones in districts and Long Khanh City will be put into the planning and expanded. Currently, the occupancy rate of the industrial zones in Dong Nai Province is 82 percent, but there are also about 1,300 hectares of land in Song May, Ho Nai, Amata, Dinh Quan, Long Khanh, Dau Giay industrial parks are stuck in the stages of compensation and site clearance as … [Read more...] about Dong Nai Province establishes three more industrial parks

The Jehong Textile Vietnam project marks a success in attracting investors with the world's leading state-of-the-art dyeing technology and affirms its commitment to greening the manufacturing industry in Vietnam. The implementation of construction and operation activities right in the context of the world economy facing unprecedented challenges shows the potential for sustainable development of the textile and garment industry. … [Read more...] about Nam Dinh-based Rang Dong Textile Industrial Park sign land lease contracts with foreign firms

Quang Ninh (VNA) - Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors. According to experts, Quang Ninh is considered a strategic investment destination in Vietnam’s northern region and an important link in the Hanoi - Hai Phong - Quang Ninh northern economic growth triangle. The province possesses major advantages, with Van Don district to become a multi-sectoral marine economic zone and an entertainment centre, with a casino, high-end sea-island tourism, and general services. The province has planned to develop eleven IPs and four EZs that together span over 368,000 ha, accounting for more than 30 percent of Quang Ninh’s total natural area. Six of the 11 IPs have already been issued investment registration certificates and have infrastructure invested in and leased. Investors have so far poured about 27.35 … [Read more...] about Industrial parks, economic zones create new growth momentum in Quang Ninh

Vinh Phuc (VNA) – The northern province of Vinh Phuc’s industry has been growing to become a key economic sector that contributes greatly to the local gross regional domestic production (GRDP). According to the provincial People’s Committee, nine out of 20 industrial parks and clusters approved by the Prime Minister have become operational. The locality has had more than 10,500 businesses. In the 2015-2020 period, the average growth of the province’s industrial-construction production value is estimated to reach 12.1 percent per year, nearly doubling the target set at the resolution released at the 16th Party Congress of the province. The sector also makes up more than 65 percent points to the whole economic growth of the province. The added value of the processing-manufacturing sector of the province accounts for 4.5 percent of the added value of the sector in the whole country. Meanwhile, electronic spare parts have been the leading export products of … [Read more...] about Industrial sector helps promote Vinh Phuc economic growth

According to the Vietnam Steel Association (VSA), in the past eight months, steel production of all kinds merely reached 11.6 million tons, down 8.1 percent over the same period last year. Due to the influence of the pandemic, the selling volume of steel only reached 10.4 million tons, down 10.7 percent over the same period. Of which, steel export output of all kinds exceeded 1.8 million tons, down 24.6 percent over the same period. These are not very optimistic figures for enterprises in the steel industry. Both consumption and production decreased, but the selling price of steel still increased. Regarding price movements, in mid-June, construction steel price surged by about VND200,000 per ton. Currently, it continues to increase further by about VND150,000 per ton, sending the prices of most steel products to over VND15 million per ton. The reason for this paradox is that the global raw material price has continuously climbed from the beginning of June until now. For instance, … [Read more...] about Opportunity to recover steel, cement industries