Thua Thien-Hue plans to lure industrial zone funds

The central province of Thua Thien-Hue plans to attract investments worth 2.5 trillion VND to 3 trillion VND (119.05 million USD) to 142.86 million USD) and generate jobs for 1,000 to 1,500 new workers this year.
The central province of Thua Thien-Hue plans to attract investmentsworth 2.5 trillion VND to 3 trillion VND (119.05 million USD) to 142.86million USD) and generate jobs for 1,000 to 1,500 new workers this year.

ProvincialPeople's Committee Vice Chairman Phan Ngoc Tho said local authoritieswill hand over cleared sites in industrial zones (IZs) to investors,while considering this a priority in luring investments during 2015.

Further,the province will concentrate on the development of infrastructure,including traffic projects, electricity and water, along with wastetreatment and fire prevention systems. It will also support investors intraining the labour force.

According to the provincial IZsmanagement board, the IZs have attracted 92 investment projects, with atotal registered capital of some 19.59 trillion VND (932.86 millionUSD).

About 38 percent of this amount, or 7.40 trillion VND(352.38 million USD), have been disbursed, including 3.43 trillion VND(163.33 million USD) by foreign direct investment (FDI) enterprises.

Lastyear, the IZs generated revenues valued at 13.03 trillion VND (620.48million USD), up 18 percent over the previous year, with the totalnumber workers of nearly 17,100.

Thua Thien-Hue has four IZs,including the 185ha Phu Bai zone, which has been built on by 28companies and will be expanded with an additional area of some 118ha.

Theyalso comprise the Tu Ha and Phong Thu parks, each covering an area of100ha. Just the Chan May-Lang Co economic zone has created jobs forabout 6,000 labourers, and is requiring up to 24,700 workers this year,and 70,000 by 2020.

Tho said accelerating vocational training toassure the availability of skilled workers is necessary for a varietyof sectors, including agriculture, forestry and aquaculture. He alsomentioned fields such as handicrafts and mechanical goods production, aswell as food processing.-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.