The Ministry of Industry and Trade (MoIT) has proposed the
development of large textile and garment industrial zones (IZs) to
attract investment in dyeing, and fabric and yarn production.
Foreign direct investment (FDI) capital poured into industrial zones
(IZs) has rapidly increased recently, bringing large profits for
infrastructure development companies.
The Quang Ngai Industrial Zones (IZs) Authority has granted investment
licences to three new projects worth VND71 billion (approximately US$3.2
million).
The central province of Thua Thien-Hue aims to
attract VND550 billion (US$25.5 million) in investment during the second
quarter of this year, according to the provincial industrial zone (IZ)
management board.
The northern province of Hai Duong reported positive investment results
at its industrial zones (IZs), which attracted more than US$122 million
in foreign direct investment (FDI) during January alone.
Deputy Prime Minister Hoang Trung Hai has approved the adjusted planning
of industrial zones (IZs), scheduled to be developed in the northern
province of Nam Dinh by 2020.
Export processing zones (EPZs) and industrial zones (IZs) in this Cuu
Long (Mekong) Delta city have attracted 214 projects worth about US$1.92
billion.
The central province of Thua Thien-Hue has announced its adjustment on
development planning of six industrial zones (IZs) towards 2020, which
has been approved by the prime minister.
Ha Noi''s industrial parks (IPs) and export processing zones (EPZs) will
co-ordinate closely with relevant bodies, to help foreign direct
investment (FDI) firms in dealing with export and import procedures.
The southern province of Binh Duong is stepping up efforts to draw US$1
billion in foreign direct investment (FDI) for building well-equipped
industrial parks next year.
Viet Nam should accelerate investment promotions to attract more
advanced technology and environmentally friendly projects as support
industries to its industrial zones (IZs) and economic zones (EZs).