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).
Representatives of Hepza reported that in 2013, industrial parks (IPs) and export processing zones (EPZs) in Ho Chi Minh City attracted more than 608 million, up 47% from a year earlier.
Big investors included Saigon Precision Co. Ltd in Linh Trung IP (US$129 million), Japanese-invested Nidec Tosok Co. Ltd (US$95 million), Nidec Tosok Akiba Co. Ltd (US$10 million) and Juki Co. Ltd (US$12 million) in Tan Thuan EPZ.
Investors from Germany (Roeders), Singapore (Marvell) and Japan (Kijima Musen) have also expressed a keen interest in investing in the fields of high technology and high value-added production.
Hepza is expected to attract US$550 million in 2014, or an increase of 10% compared to 2013’s yearly plan.
Other News
- Vietnam, China intensify cooperation on green growth, digital economy
- Hanoi's green industrial parks attract investment
- Vietnamese, Singaporean firms ink agreements to bolster economic relations
- Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
- Vietnam leads top choice for global investors: Cushman & Wakefield
- Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
Trending
-
Vietnam’s future path hinges on ASEAN robust development: Party Chief
-
Vietnam news in brief - November 24
-
Are Vietnamese people living healthier lives?
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024
-
Liên kết hữu ích