Want to be in the loop?
subscribe to
our notification
Business News
NAM DINH TO BUILD TWO NEW INDUSTRIAL CLUSTERS
Two new industrial clusters will be created in Nam Định Province offering services in a wide variety of sectors including pharmaceutical production, automotive parts and food processing.
The Nam Định Provincial People’s Committee will establish Thắng Cường and Mỹ Thuận.
The Thắng Cường Industrial Cluster spans an area of 75 hectares in Yên Thắng and Yên Cường communes, Ý Yên District, Nam Định Province.
Its primary industrial activities are mechanical engineering, supporting industries, food processing, pharmaceutical production, automotive parts manufacturing, electronics assembly, electrical equipment production and other manufacturing and processing industries.
Bateco Thắng Cường Joint Stock Company, with a total investment of about VNĐ1.03 trillion (US$41.2 million), is the project's investor. The project is expected to be completed within 24 months from the date of land handover.
The Mỹ Thuận Industrial Cluster is located in Mỹ Thuận Commune, Nam Định City, Nam Định Province.
It aims to attract companies in high-tech mechanics, automotive and motorcycle assembly, electronic production, food processing, construction materials production, handicrafts, wood processing, household goods manufacturing and other supporting and processing industries.
Thịnh Vượng Mỹ Lộc Joint Stock Company is the infrastructure developer for this industrial cluster.
The project has a total investment of over VNĐ929 billion, it is also set to be completed within 24 months of land handover.
Both clusters aim to attract large enterprises with modern, environmentally friendly technologies.
According to the approved development plan and the Nam Định Province Master Plan for the 2021–30 period, with a vision toward 2050, the province will have 54 industrial clusters covering about 5,969 hectares by 2030.
During the 2031–50 phase, some clusters will be expanded, increasing the total area to 8,703 hectares.
Source: VNS
Related News

REACHING ECONOMIC TARGETS HINGES ON BALANCING GDP GROWTH AND INFLATION CONTROL
To maintain economic stability, the Deputy Prime Minister underscored the need for an uninterrupted supply of fuel, electricity, and essential goods.

GROSS VALUE OF VIETNAM'S MAIN E-COMMERCE PLATFORMS HIT $12.6 BILLION IN 2024
The top five e-commerce platforms in Vietnam, Shopee, Lazada, TikTok Shop, Tiki, and Sendo, posted a total gross merchandise value (GMV) of VND318.9 trillion (about $12.6 billion) in 2024, a 37.36 per cent rise from 2023, according to Metric.

VIETNAM REPORTS US$3-BILLION TRADE SURPLUS IN JAN
Vietnam recorded a trade surplus of US$3.03 billion last month, showed data from the General Statistics Office (GSO). The country’s exports totaled US$33.09 billion, up by 4.3% year-on-year, while imports edged down by 2.6% compared to the same period last year to US$30.06 billion.

VIỆT NAM’S COFFEE EXPORTS REACH NEARLY $800 MILLION IN JANUARY
Statistics from the Việt Nam Coffee-Cocoa Association show that in January 2025, Việt Nam exported 154,635 tonnes of coffee, generating revenues of US$799.5 million.

FLEXIBLE TAX POLICY TO PROPEL VIỆT NAM'S ECONOMIC GROWTH IN 2025
The Vietnamese government has extended and enhanced tax relief for 2025, offering reductions and deferrals to boost economic growth.

FOREIGN INVESTMENT FLOWS INTO VIỆT NAM SOARED IN JANUARY
Việt Nam recorded impressive growth in foreign direct investment (FDI) flows in the first month of 2025.