Industrial zone

Japan’s Showa Denko Group has worked in conjunction with authorities from the northern province of Ha Nam to design a plan to develop a clean vegetable production plant using LED lighting technology.

HCM City is targeting to lure 700 million USD of investment into its industrial zones and export processing zones in 2015, said the management board of the city’s Export Processing and Industrial Zone Authority (Hepza).

Though the Dung Quat Economic Zone (EZ) attracts 10 new investment projects every year, the same number of licenses are revoked each year.

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.