Hiep Phuoc Industrial Park Joint Stock Company (HIPC) signed a contract
on Tuesday to borrow VND555 billion (US$26.4 million) from the Viet Nam
Bank for Industry and Trade (VietinBank).
HA NOI (Biz Hub)— Hiep Phuoc Industrial Park Joint Stock Company (HIPC) signed a contract on Tuesday to borrow VND555 billion (US$26.4 million) from the Viet Nam Bank for Industry and Trade (VietinBank).
The loan will enable the HIPC to continue with its second development stage.
In this stage, the industrial park will be expanded by around 600ha to house enterprises using environmentally friendly and advanced technology.
HIPC will focus on enterprises in the fields of high-class building materials, precision engineering, equipment manufacturing, food production, shipping and warehouse services.
In the first stage, the industrial park will cover around 310ha, attracting 95 enterprises with total investment of $471 million.-VNS
The People’s Committee of Bình Định province on Wednesday signed a cooperation deal with the Japan – Việt Nam Friendship Association of Sakai city to boost investment and development ties with Japan.
The General Department of Taxation on Thursday officially launched the e-portal for households and individuals running businesses to register, declare and pay tax.
To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
