Want to be in the loop?
subscribe to
our notification
Business News
HA TINH TO GET $15M GARMENT PLANT
Chairman of Ha Tinh People’s Committee Dang Quoc Khanh has signed a decision approving the construction of Haivina Hong Linh garment factory at Nam Hong Industrial Zone.
Accordingly, the Haivina Hai Duong Company Limited will invest VND345 billion (US$15 million) for the factory in the central province of Ha Tinh to produce and trade sports and industrial gloves, as well as sportswear of all kinds for both local consumption and export.
This will be the first plant in the company’s factory chain in the central region.
The plant, with a capacity of 12 million products a year, would include workshops and offices on an area of 8.9ha.
It is expected to become operational by the end of 2021.
The factory would contribute to the province’s socio-economic development, creating jobs and contributing to the State budget.
The South Korean wholly-invested Haivina Hai Duong Company Limited now has three garment factories including two in the northern province of Hai Duong and one in the central province of Nghe An.
The provincial People’s Committee has been active in attracting investment in tourism, service and garment sectors in the province’s northern area. The garment projects in the region would help the province resolve the urgent issue of abundant women labourers.
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.
























