Haohua''s tyre factory, with an investment of US$500 million, has officially commenced its first phase of operations in Hớn Quản District, Bình Phước Province.
A business forum to showcase the potential of and investment initiatives, especially in high-tech agriculture, will be organised in the southern province of Bình Phước on March 12, its People’s Committee has announced.
The south-eastern province of Binh Phuoc is seeking to develop its infrastructure and reform administrative procedures to achieve rapid and sustainable development this decade.
Binh Phuoc Province is helping durian farmers adopt safe production practices and issuing farming area codes to be able to export to the lucrative Chinese market.
Provinces in the southern region plan to expand industrial parks (IPs) and continue improving the business climate to lure foreign investment following the containment of the third COVID-19 outbreak.
Binh Phuoc Province aims to attract 6,000 new businesses in 2020-25 especially those in sectors such as processing, agriculture and supporting industry.
Japfa Comfeed Vietnam Co., Ltd. (Japfa Vietnam) has officially received over US$40 million investment license in a self-contained animal husbandry project worth US$230 million at the Binh Phuoc Province’s Investment Promotion Conference on December 23.
The Binh Phuoc Province administration has worked with the developers of 13 industrial zones to remove difficulties faced by their tenants due to the COVID-19 pandemic.