Work on industrial park to begin

tohang

The construction of the fifth Viet Nam-Singapore Industrial Park (VSIP) will commence in the central province of Quang Ngai next week.

The Viet Nam Singapore Industrial Park II in Binh Duong Province. — File Photo

QUANG NGAI (Biz Hub)— The construction of the fifth Viet Nam-Singapore Industrial Park (VSIP) will commence in the central province of Quang Ngai next week.

The project, the fifth of its kind in Viet Nam, is a joint venture between the province and Sembcorp Industries, a leading corporation in Singapore.

The first VSIP was established in the southern province of Binh Duong in 1996.

VSIP I and VSIP II are in Binh Duong, another two are located in the northern provinces of Bac Ninh and Hai Phong..

The US$6 billion VSIPs have attracted nearly 490 investors from 25 nations and territories, and generated jobs for more than 140,000 locals.—VNS



  • Share:

see also

Sev.en Global Investments plans large energy investments from Europe to Việt Nam

Sev.en Global Investments plans large energy investments from Europe to Việt Nam

Sev.en Global Investments, a prominent global investor based in the Czech Republic, is planning what will be the biggest investment from the nation into Việt Nam.
Seafood exports expected to exceed 10 billion in 2025: expert

Seafood exports expected to exceed $10 billion in 2025: expert

The achievement of the $10 billion export milestone in 2024 is attributed in part to efforts to open and strengthen connections with key markets such as the US and the EU.
UKVFTA provides a solid foundation for British businesses to expand investments in Việt Nam

UKVFTA provides a solid foundation for British businesses to expand investments in Việt Nam

The UKVFTA has fostered British investment in Việt Nam since its 2021 inception, says Britcham Chairman Denzel Eades.
Việt Nams GDP growth to outpace region peers: Oxford Economics

Việt Nam’s GDP growth to outpace region peers: Oxford Economics

Việt Nam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.
Brazil solidifies position as Việt Nams biggest trade partner in Latin America

Brazil solidifies position as Việt Nam's biggest trade partner in Latin America

With bilateral trade hitting US$7.1 billion in the first 11 months of this year, Brazil remains Việt Nam''s largest trading partner in Latin America.