industrial parks

Update news industrial parks

Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted more than US$100 billion of investment, and created jobs for more than 4 million labourers.

Vietnamese textile and garment businesses facing compliance pressure

Vietnam's textile and apparel manufacturers are stepping up their efforts to comply with international standards for origin traceability.

More foreign investors land in Vietnam's industrial parks

The reopening of the borders, the government's active support for investors, and the resilience of domestic firms would open up a promising future for the industrial property market in 2022.

RoK businesses wish to invest in industrial parks in Long An

The Republic of Korea (RoK) wishes to invest in building an industrial park for Korean firms with an area of 50 hectares and set up a service support centre for foreign enterprises to facilitate their operations.

Industrial property sector optimistic

The industrial real estate sector is considered a bright spot this year, and property businesses with industrial parks are expected to benefit from increased demand and rental prices.

 

Workers in IPs, EPZs to get housing rental support for three months

A support package worth 6.6 trillion VND (290.4 million USD) will be spent on providing housing rental subsidies for labourers who are working in industrial parks (IPs), export processing zones (EPZs) and key economic regions.

HCM City industrial parks eye $500m investment in 2022

The HCM City Export Processing and Industrial Zones Authority said the city’s industrial parks and processing zones hope to attract investment worth US$500 million this year.

 

Hanoi to establish 2-5 new industrial parks by 2025

The Hanoi government has approved a plan to establish an additional two to five new industrial parks (IPs) in the 2021-2025 period.

Vietnam – RoK Industrial Park to take shape in Hung Yen

The northern province of Hung Yen has issued a decision on the establishment of the Vietnam – Republic of Korea Economic Cooperation Industrial Park (IP).

Experts identify new trends in the development of IPs

The impacts of the COVID-19 pandemic have slowed down the operations of businesses in industrial parks (IP), disrupting supply chains and labour, according to a recent report by the Ministry of Planning and Investment (MPI).

Bac Giang: 120,000 workers to return to work by October

Bac Giang provincial authorities aim to have 120,000 workers return to work in Industrial Zones by October 2021.

Vietnam racing against time to protect industrial parks from COVID-19

Vietnam’s count of COVID-19 cases has crossed the milestone of 10,000 more than a month after the resurgence of the virus began in late April, wreaking havoc on multiple major industrial parks where thousands of factory workers have become infected.

Vietnam to protect production at industrial parks

The fourth wave of COVID-19 has changed the routines of many people working in industrial parks (IPs) in northern Vietnam.

IPs set up, but Vietnam still needs to do more to attract investors

There were positive developments of industrial parks in Vietnam in the first five months of the year, but experts still say the country should do more to attract big investors.

300,000 workers in two provinces to receive Covid-19 vaccinations

The two northern provinces of Bac Giang and Bac Ninh, Vietnam’s largest Covid-19 hotspots, have received 300,000 doses of vaccine for 300,000 workers in industrial parks. Vaccinations started on May 27.

Industrial park developers promote sustainability to attract “eagles”

Vietnam has witnessed a growth in the arrival of global high-tech brands like Pegatron, Universal Scientific Industrial, Foxconn.

HCM City’s EPZs, IPs attract over $747.6 million in 2020

Over $747.6 million were poured into export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in 2020, representing a year-on-year increase of 15.79 percent.

Production shift from China to Vietnam set to increase demand for industrial parks

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.

HCM City hopes to attract investment by allotting more lands in IPs, EPZs for infrastructure

HCM City authorities plan to offer competitive land rents and other incentives at industrial parks (IPs) and export processing zones (EPZs), and earmark more lands for building infrastructure to attract investment.

HCM City reaches 12 of 18 pollution-reduction goals

HCM City has reached 12 of its 16 targets in its pollution reduction programme for the 2016-20 period, according to the city’s Department of Natural Resources and Environment.