Want to be in the loop?
subscribe to
our notification
Business News
DONG NAI TO GET FIRST HI-TECH INDUSTRIAL PARK
The committee has granted the wholly Thai-invested Amata Vietnam Joint Stock Company an investment licence to implement the US$300-million project, which will cover 410ha. The project is expected to transform the local land into a modern, international-level IP, boosting the district's socio-economic development.
It will be carried out in two phases. The first phase will be from 2015 to 2017, and the second one will end by 2020.
Speaking at the ceremony organised to grant the licence to Amata Viet Nam, Thai highly appreciated the contributions of the Thai company to the province in the past 20 years. He said the company should enhance its efforts to implement the hi-tech IP project as per schedule.
Thai said the province was currently home to about 1,300 foreign projects with a total capital of more than US$26 billion.
On its completion, the Long Thanh hi-tech park is expected to attract $650 million to $750 million in foreign capital and generate 60,000 to 220,000 jobs. A transport system will be implemented to connect the province with areas in its vicinity.
Source: VIR
Related News
CHW30200 LUGGAGE – THE IDEAL TRAVEL COMPANION FOR MODERN JOURNEYS
• Compact & practical design – easy to carry on any trip• Optimized storage space – keep your belongings organized and efficient• Durable construction – enhanced protection for your essentials on the go
OKTOBERFEST VIETNAM 2026 RETURNS @ WINDSOR PLAZA HOTEL
Save up to 25% until 31 August 2026! For 30+ Tickets, contact Hotline for exclusive offers. From 23 - 26 September 2026, don't miss your chance to immerse yourself in the vibrant atmosphere of Oktoberfest Vietnam - one of Saigon's most anticipated celebration of German culture, cuisine and music. Inbox us to secure your ticket or contact.
THE REVERIE SAIGON’S MOONCAKE COLLECTION 2026 - THE MOONLIT BLOSSOMS
Inspired by the autumn full moon, blooming Osmanthus, and vibrant Peonies, The Reverie Saigon presents The Moonlit Blossoms collection, featuring three exquisite masterpieces that celebrate harmony, prosperity, and the joy of reunion. Discover more & Place your order: https://www.thereveriesaigondining.com/mooncake-collection-2026
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























