Industrial Parks

Check out the latest news about Vietnam.

The latest news about Vietnam and Hanoi is updated as follows.

About 30 private investment projects will be realized in the 11 cities and provinces of the Red River Delta, turning the region into the country's biggest economic hub.

Amid severe economic hardship, the Hanoi Southern Supporting Industrial Park continues to attract attention from investors who are looking for locations for their plants.

Hanoi is home to 434 projects financed by Singaporean investors with a combined registered capital of US$7.43 billion, the amount which is second only to Japan's.

The enterprises have strictly met the prevention standards of competent local authorities before being allowed to resume operation.

The industrial parks are expected to benefit from the expansion wave of foreign-invested enterprises in Vietnam.

With the current minimum wage of US$132-190 per month, Vietnam has been listed in the top three ASEAN countries having the lowest labor cost.

Coastal areas in Vietnam are set to receive attention from investors similar to those in China and Thailand, according to CBRE.

IPs and EZs in Vietnam have attracted a total of 10,055 foreign-invested projects with total registered capital of nearly US$198 billion to date, 70% of which has been disbursed.