Industrial zone

PM Nguyen Tan Dung has approved a master plan on developing centralized IT zones to 2020 in a direction to 2025.

The first phase of the Vie-Pan Techno Park (Vietnam-Japan technological park) was officially inaugurated in Ho Chi Minh City.

LG Electronics recently announced it is placing its new 100,000 square metre factory in Trang Due Industrial Park in the northern city of Haiphong into operation in October.

Companies from the Republic of Korea (RoK) are upbeat on business opportunities in the Dung Quat Economic Zone located in central Quang Ngai province.

France-based Olmix Group plans to invest EUR5 million in building a factory at the Song Than 2 Industrial Park in the southern province of Binh Duong to produce nutritional products for animals and plants.

The People’s Council of northern Bac Ninh province on July 10 approved a VND300 billion incentive package to recruit a new Samsung Display project to the Yen Phong Industrial Park.

The Vietnam-Singapore Industrial Park (VSIP) in Quang Ngai has attracted seven foreign-invested enterprises (FIEs) since it officially opened in September 2013.

Singaporean companies still have confidence in Vietnam despite violent protests that occurred in mid-May against China’s placement of an oil rig in the East Sea, said a Singapore Business Group (SBG) executive.

With their streamlined regulations and many advantages, Vietnam’s industrial and economic zones have become home to the successful operation of many foreign owned affiliates.

Aureole Fine Chemical Products Inc. (AFCP), a wholly owned subsidiary of Japan’s Mitani Sangyo Group, inaugurated its first manufacturing plant in Long Thanh Industrial Park, in Dong Nai on April 24.

The PM has ratified the master planning for Van Phong Economic Zone in the coastal province of Khanh Hoa by 2030.

Prime Minister Nguyen Tan Dung has decided to set up the Cao Bang Border Gate Economic Zone in the northern mountainous province of Cao Bang.

SADO Group officially opened its hi-tech, glass outsourcing factory on March 3 in southern Dong Nai province’s Bien Hoa city in the presence of President of the Vietnam Fatherland Front (VFF) Central Committee Nguyen Thien Nhan.

Southern Dong Nai province has approved a mechanical engineering development plan for 2020 with the aim of attracting more than US$2.37 billion in investment capital by 2025.

A number of Japanese businesses have increased their investment and production output in the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza).

The Northern province of Quang Ninh will host an international symposium on special economic zones from March 20–21.

(VOV) - Dong Nai is expecting US$700–900 million in foreign direct investment (FDI) capital over 2014, much lower than the US$1.6 billion total seen last year.

The Chan May-Lang Co Economic Zone in central Thua Thien-Hue province strives to attract more than VND1,500 billion in investment capital in 2014.

The central province of Quang Tri has so far attracted 102 investment projects with total registered capital of VND 8,500 billion into its industrial and economic zones.

The management board of the Hoa Lac hi-tech zone in Hanoi City granted licenses to three projects in 2013, bringing the total number of projects in the zone to 70, worth US$2.57 billion.