- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news industrial zone
Known as an economic locomotive for the whole country, the southeastern region and southern key economic zone are in danger of stagnation.
The industrial land rent in HCM City is $198 per sq m per rental period, while the figures are just $34 in the central region and $109 in the north.
While expansion of industrial property land funds may be a necessary factor to attract waves of foreign investment into Vietnam,
Dozens of industrial zone projects in 13 cities and provinces covering have been approved in the first quarter, promising thousands of hectares of new space for investors over the coming years.
The supply of industrial land and real estate has so far not kept up with the ever-rising demand from manufacturers and investors, leading to price hikes like never before.
The land rent in some industrial zones in Hai Phong, Bac Ninh and Hai Duong has increased by 20-30 percent.
Development of coastal industrial zones appears to be the right move to take advantage of incoming FDI.
As Vietnam has emerged as an attractive option for companies seeking to diversify their manufacturing operations, industrial zone developers are planning to expand their land banks to welcome new investments heading to the country.
The EVFTA officially signed last June is expected to give another push to the industrial real estate market in Vietnam.
Several enterprises in the south, mostly in HCM City and the provinces of Dong Nai and Binh Duong, are accelerating worker recruitment, preparing to up production after the Tet (Lunar New Year) holiday
VietNamNet Bridge – Da Nang plans to open a representative office in Yokohama, Japan, to co-ordinate investment, trade, tourism and other co-operation between the two sides.
VietNamNet Bridge – Workers at economic and industrial zones in the southern province of Ba Ria-Vung Tau are facing a serious housing shortage because enterprises do not want to invest in accommodation for them.
VietNamNet Bridge - Fires broke out from a paint warehouse and spread rapidly, making an enterprise of thousands of square meters of a Korean company in the Yen Phong Industrial Zone collapse.
Despite the development of industrial zones, there is still a shortage of housing for workers in these areas, which is mostly due to limited local budgets and lack of preferential policies to attract private investment in such projects.
VietNamNet Bridge – Companies in the 320-hectare Bien Hoa Industrial Zone 1, the country's oldest industrial area, have asked the Government to come up with a detailed plan on the zone's shift to an urban trade-and-services area.
Official calls for critical amendment to business law; Banks reluctant over bad-debt settlement plan; Hoa Binh province works to lure Indian businesses; Mekong Delta targets GDP growth of 12 percent
VietNamNet Bridge – Rice fields are getting yellow and ragged in Duc Hoa district of Long An province, because they have been irrigated with the polluted waste water discharged from the industrial zones in the area.