Upgrading the regulations on EZs and IPs became necessary to promote the development of EZs and IPs in the direction towards innovation and efficiency.
Earlier this month, Viet Nam was ranked in the top Baseline and Cost quartile in the latest Manufacturing Risk Index 2022 by Cushman & Wakefield, whose report noted the country was among markets benefiting from the China+ approach of foreign investors.
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.
Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted over US$100 billion of investment, and d jobs for more than 4 million labourers, according to the Ministry of Planning and Investment (MPI).
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.
Businesses in Dong Nai Province’s industrial parks are taking strict measures to protect themselves against COVID-19 and the risk of transmission from HCM City, which is currently the third largest COVID-19 hotspot in the country.
Industrial, urban and transport infrastructure developer Becamex IDC Corp on June 14 signed an agreement to offer VND40 billion (US$1.74 million) for the purchase of medical equipment and materials for mass COVID-19 testing in the southern province of Binh Duong,...
The spread of COVID-19 has wreaked havoc in Bac Giang and Bac Ninh provinces in recent days and forced many businesses in industrial parks (IPs) and export processing zones (EPZs) with thousands of workers to suspend their operations.
Industrial parks in the south-eastern province of Dong Nai attracted foreign direct investment of more than US$226 million in 11 investment in the first 10 days of the new year, according to the province Industrial Zones Authority.
The southern industrial hub of Dong Nai has formed 32 industrial parks (IP) with a total area of more than 10,222ha, 31 of which are operational with the occupancy reaching 81.93 per cent.
Local industrial parks (IP) in the southern industrial hub of Bình Dương lured US$840 million of investment in the first nine months of 2020, according to the Management Board of Bình Dương IP.
Dong Nai Province wants the Government to approve three new industrial parks in this year’s national development plan to attract investments post-Covid-19.