Industrial zone

The coronavirus outbreak will certainly have an effect on the global economy in the coming months. Vietnam, with its proximity and close trade and supply relationships with China, is no exception.

Hanoi has a total of 70 operational industrial clusters and parks in 17 districts, covering an area of 1,686 hectares.

Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.

Vietnam is making efforts to tighten control over Chinese goods seeking to be designated Vietnamese-made items.

Vietnam is making efforts to tighten control over Chinese goods seeking to be designated Vietnamese-made items.

The industrial parks are available in every part of Vietnam, mainly Ho Chi Minh City, Hanoi, Binh Duong, Hai Phong, Quang Ngai, and Dong Nai.

Vietnam can be a new industrial powerhouse in Southeast Asia and this will open up huge opportunities for industrial property developers, according to JLL Vietnam.

Vietnam’s policy on tightening control over imported automobiles can encourage South Korean investors to set their car parts production bases in Vietnam, according to the Nhip Cau Dau Tu magazine.

The southern province of Dong Nai has been working with agencies on a project to turn Bien Hoa I Industrial Zone into a commercial and service centre.

Vietnam`s northern coastal province of Quang Ninh has been working to mobilise resources for the building of a blueprint on the establishment of the Van Don Special Administrative-Economic Zone.

The Imex Pan Pacific (IPP) Group recently asked the People’s Committee of Quang Ninh province to approve in principle for its investment plan on the non-tariff area of the future Van Don Special Administrative-Economic Zone.

Japanese businesses have become an important part of Hai Phong’s economy, stated Secretary of the municipal Party Committee Le Van Thanh at a conference to promote Japan’s investment and tourism in the northern port city on March 24.

Chairman of Hanoi People`s Committee Nguyen Duc Chung has recently signed Decision No. 1292 / QD-UBND approving the development master plan of the City`s industrial cluster to 2020 with a vision to 2030.

Construction begins on WHA Hemaraj Nghe An Industrial Zone project with a total investment of about VND 22 trillion, equivalent to US $1 billion, with a total area of over 3,200.

Seven provinces in the central key economic zone introduced their investment opportunities to American investors at the ‘Meet USA in 2018’ on March 6 in the central coastal city of Danang.

Industrial and processing zones in Ho Chi Minh City has so far attracted nearly 1,500 projects worth US$10 billion, the city’s Export Processing Zones and Industrial Parks Authority (Hepza) announced on January 18.

The Municipal People’s Committee issued a number of decisions (8202/QD-UBND, 8203/QD-UBND, 8204/QD-UBND, 8205/QD-UBND, 8206/QD-UBND, and 8207/QD-UBND) on establishing industrial clusters in Ba Vi, Quoc Oai, Phuc Tho and Ung Hoa suburban districts.

Ho Chi Minh City plans to have 23 green and high-tech export processing zones (EPZs) and industrial zones (IZs) in an area of roughly 6,000 hectares by 2020.

Vietnam`s provinces such as Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.

The northern Bac Giang province plans to build seven new industrial parks (IPs) with total area of roughly 1,150ha from 2020 to 2030, deputy head of the province’s industrial parks management board Tran Vu Thong said.