Want to be in the loop?
subscribe to
our notification
Business News
VINH LONG TO GET 5 INDUSTRIAL ZONES BY 2025
Vĩnh Long Province has announced plans to develop five industrial zones in 2021-25 with a total area of 1,700 ha.
They are Tân An Thạnh in Bình Tân District (500ha), Đình Khao in Long Hồ District (400ha), Trung Thành Tây in Vũng Liêm District (30ha), Mỹ Hoà in Bình Minh town (300ha), and Phước An in Mang Thít district (200ha).
They will mainly house farm produce, aquatic produce and food processing, renewable energy, and footwear projects, but also those in supporting industries such as producers of automobile parts.
This conforms with the province’s investment attraction orientation of improving capacity in industrial production.
By building them, the province hopes to create a system of industrial parks and clusters to ensure sustainable economic development, restructure its economy and boost industrial growth.
This would create and modernise industrial infrastructure, create jobs, improve incomes, and meet infrastructure demand for industrial production.
To accomplish the plan, the province will focus on trade promotion and administrative reform, creating a favourable investment environment, human resource development and training, and attracting investment in industrial infrastructure.
Source: VNS
Related News
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
DA NANG CUSTOMS FOCUSES ON DEVELOPING CUSTOMS-BUSINESS PARTNERSHIPS
Da Nang Customs Department issued an action plan for developing customs-business partnership in 2024. One of the new events this year is the workshop on “Settlement reports for enterprises engaged in outsourcing, export production and export processing” held in Da Nang Customs Department on April 16, 2024.