A business agreement on developing of industrial parks and urban zones has been inked by local industrial property developer, the Sài Gòn Đà Nẵng joint-stock company and the Korea CEO Summit organisation, aimed at attracting more FDI to the central...
By 2030, the country aims for 40-50 per cent of localities to convert existing IPs into eco-IPs and 8-10 per cent of localities have orientations to build eco-IPs right in their plan making.
They will give priority to investors having financial capacity, management skills, high-tech projects, using less labour, less wastewater and less power.
Businesses are calling for a law with clear and detailed regulations on eco-industrial parks so as to encourage enterprises to invest in these types of parks.
Bắc Ninh Industrial Parks attracted a total of US$997.1 million in foreign direct investment (FDI) capital and over VNĐ3.6 trillion in domestic capital in the first four months of this year.
The MPI is in the process of completing the law draft, including the six policy groups, to conditions for building large IPs, meeting the requirements of supply chain development and green and digital economic development as current directions.
HCM City will focus on developing eco-industrial parks (EIP) to attract new investment, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
In 2024, Bình Dương Province plans to attract 130-140 investment projects to industrial parks (IP), securing US$1.2-1.3 billion from foreign capital and VNĐ1.1-1.2 trillion from domestic investors.
Industrial parks and economic zones in the northern port city of Hải Phòng strive to attract US$2-2.5 billion in foreign direct investment (FDI) in 2024.
Domestic and foreign businesses operating in industrial parks contribute approximately half of the country''s total export turnover (as of the end of 2022) and make important contributions to the national budget.
Ho Chi Minh City has attracted more than US$1 billion, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57 per cent, the HCM City Export Processing and Industrial Zones Authority (HEPZA)...