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
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.
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.
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.
AROUND VND33.6 TRILLION RAISED FROM G-BONDS IN MAY
The State Treasury raised VND33.63 trillion from Government bond (G-bond) auctions in May, completing 72% of its second quarter issuance plan and nearly one-third of its annual target. According to data released by the Hanoi Stock Exchange (HNX) on June 4, the exchange organized a total of 17 G-bond auctions on behalf of the State Treasury during May.
























