Want to be in the loop?
subscribe to
our notification
Business News
BIEN HOA INDUSTRIAL PARK TO CLOSE
The People’s Committee of Dong Nai Province gave approval for Sonadezi, an industrial zone development company, to implement the project. The Bien Hoa I Industrial Zone has 80 businesses, 40 of which have a land-lease contract until 2051.
The province said it would take back land from businesses that have expired land- lease contracts.
For those businesses that still have land-lease contracts, the province will offer compensation so they can relocate as soon as possible.
According to Sonadezi, the total cost of the project is VNĐ15 trillion ( US$ 658 million), including VNĐ2.4 trillion for construction and equipment, VNĐ 7.5 trillion for compensation and clearance, and VNĐ1.3 trillion for supporting businesses and labourers.
The project is expected to be completed by 2025.
Businesses in the industrial zone emit more than 9000m3 wastewater per day.
Millions of people in Bien Hoa Province and southern provinces are affected by the polluted water from the Dong Nai River.
Tran Van Vinh, deputy chairman of Bien Hoa Province’s People’s Committee, said that most businesses in industrial zones have outdated technology. To protect water sources of the Dong Nai River, they need to be relocated.
Nguyen Phu Cuong, secretary of Dong Nai Provincial Party, said that, in order to solve environment problems, by the end of 2022 the province would shut down Bien Hoa I Industrial Zone.
The project is expected to bring great benefit, solve environmental problems, and develop the province, he added.
The province proposed this project 10 years ago, but it was delayed due to the authorities’ changing dates on when the industrial zone should be shut down.
Source: VIR
Related News
GRAND OPENING OF XENUS TECHNOLOGY INTERNATIONAL (VIETNAM) LIMITED
Xenus Technology International (Vietnam) Limited, a Hong Kong-based IT solutions provider with over a decade of experience, has officially established its Ho Chi Minh City office on 8 May 2026. Serving over 3,000 clients, Xenus brings Hong Kong technology expertise to Vietnam with end-to-end IT solutions across multi-cloud, cybersecurity, infrastructure, networking, and managed services.
TRAVEL UPDATE: CAMBODIA INTRODUCES TEMPORARY VISA-FREE ENTRY FOR PRC PASSPORT HOLDERS (INCLUDING HONG KONG AND MACAU)
According to the Ministry of Tourism of the Kingdom of Cambodia, holders of passports issued by the People's Republic of China (PRC), including Mainland China, Hong Kong, and Macau, will be eligible for temporary visa-free entry to Cambodia from 15 June to 15 October 2026. The temporary measure is expected to facilitate tourism, business travel, and people-to-people exchanges between Cambodia and Chinese-speaking markets, including Hong Kong and Macau.
TEE OFF & STAY AT HOIANA SHORES GOLF CLUB
Unlock exclusive golf and stay privileges reserved for member cardholders. Experience award-winning links golf, premium hospitality, and coastal relaxation with specially curated rates available for a limited time. Booking Period: 15 June – 30 September 2026. All supporting documents and payment details will be provided upon booking confirmation.
VIETNAM TARGETS 5,000 NEW AGRICULTURAL BUSINESSES BY 2031
Vietnam aims to support the establishment of at least 5,000 agricultural enterprises during the 2026-2031 period as part of efforts to build a digital agriculture sector and more sustainable value chains. The target was announced at the ninth National Congress of the Vietnam Farmers’ Union, which opened in Hanoi on June 8.
OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025
Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects. Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.
HCMC TARGETS 181,000 NEW SOCIAL HOUSING UNITS BY 2030
HCMC plans to build more than 181,000 social housing units between 2026 and 2030, after completing nearly 17,900 units over the past five years, city officials said. Le Duc Anh, deputy head of the Housing and Real Estate Market Management Division under the city’s Department of Construction, said at a socio-economic press briefing in HCMC on June 4 that the city was stepping up efforts to expand social housing supply.
























