Hepza Director Hứa Quốc Hưng emphasised the focus on administrative reform, aiming to improve the Public Administration Reform Index (PAR INDEX), the Departmental, Sectoral and Local Competitiveness Index (DDCI), and the Digital Transformation Index (DTI).
Statistics from Ha Noi Department of Planning and Investment revealed that the city had to date attracted over US$69.84 billion worth of foreign investment, ranking second among localities nationwide.
HCM City’s export processing zones and industrial parks attracted investments of more than US$90 million in the first quarter of this year, a 21.36 per cent increase year-on-year.
Savills announced that it has brokered an 8,549 m2 factory lease between J. Wagner and Sepzone-Linh Trung at Linh264 Trung I Export Processing Zone (EPZ) in Thu Duc city of HCM City.
The capital comprises $196.6 million in foreign investment and over VND8.15 trillion ($352.48 million USD) in domestic investment, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on January 5.
The HCM City Industrial and Export Processing Zones Management Board (HEPZA) has set a target to increase the average investment per hectare of industrial land to US$15 million by 2025 from a current $6.32 million.
The Tan Thuan CMC Data Centre, considered the most modern and safest data centre and cloud computing infrastructure facility in Viet Nam, officially opened on Monday.
To date, Viet Nam has established 335 industrial parks (IPs) on a total area of 97,840ha, of which 260 are already operational with an occupancy rate of over 76 per cent
Commercial banks have stepped up lending to export firms, especially those in industrial parks and export processing zones, as exports of many goods have grown strongly this year.
The HCM City People’s Committee wants changes made to a proposal to convert industrial parks and export processing zones into eco-industrial and high-tech zones by 2025.
The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year.
The HCM City Department of Industry and Trade has begun a programme called ‘Mobile price-stabilisation sales points’ at export processing zones and industrial parks to ensure workers there can buy safe foods at fair prices.
Export companies in HCM City are recovering well following the lifting of COVID-19 restrictions as workers from other provinces gradually return to work.
The HCM City Department of Health has instructed businesses to themselves perform rapid COVID-19 tests for their workers once a week to ensure a safe working environment.