Industrial property market booms, demand spurs investment

Last update 08:00 | 24/09/2017
VietNamNet Bridge – By the end of November 2016, Vietnam had 324 IZs, including 220 operating with an occupancy rate of 51 percent, according to MPI’s (Ministry of Planning & Investment) IZ Management Board Department.


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Sembcorp Development, a 100 percent foreign owned company belonging to Singaporean Sembcorp Industries, is a ‘veteran’ in Vietnam.

Through the Vietnam Singapore Industrial Park JV Co. Ltd (VSIP), a joint venture of Sembcorp Development, Becamex IDC and other partners, the Singaporean investor has poured money into many IZ projects with the VSIP brand. Tiếp tục đọc “Industrial property market booms, demand spurs investment”

Quảng Ninh to get new port, industrial complex

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Update: September, 08/2017 – 14:00

An overview map of Deep C Industrial Zone. — VNS Photo

HCM CITY – Tiền Phong Industrial Zone JSC and Russia’s Seaport of Azov on Friday agreed to transform 100 hectares in Quảng Ninh Province into a hub for industrial manufacturing and port operations.

The memorandum of understanding (MoU), signed by Tiền Phong Industrial Zone JSC, in which Deep C consortium (Rent A Port) is a majority shareholder, and the Russian giant in port development and operations, agrees to start work on the Việt Nam-Russia Industrial Complex soon, provided the Vietnamese Government offers its support in speeding up the process. Tiếp tục đọc “Quảng Ninh to get new port, industrial complex”

VN’s hopes three SEZs to attract billions of USD in investment

Last update 12:00 | 25/08/2017
VietNamNet Bridge – PM Nguyen Xuan Phuc said a special legal framework with outstanding preferences is needed to develop three special economic zones (SEZs) — Van Don in Quang NInh, Bac Van Phong in Khanh Hoa and Phu Quoc in Kien Giang.vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, SEZ, van don, Nguyen Chi Dung

MPI Minister Nguyen Chi Dung, said that over the last 25 years of development of IZ, EPZ, hi-tech zone and EZ models, problems have surfaced — incentives are not sufficiently competitive; administrative procedures are not simple enough; and infrastructure and labor force cannot satisfy requirements.

Meanwhile, Vietnam economy has shown signs of a slowdown. Competitiveness is low and exploitation of natural advantages and resources is reaching a critical level. Vietnam’s investment climate is losing some of its attractiveness due to strong international competition. Tiếp tục đọc “VN’s hopes three SEZs to attract billions of USD in investment”

Vân Đồn special economic zone must be superior: Deputy PM

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Update: April, 14/2017 – 23:00

The special preferential policies for Vân Đồn Special Economic Zone must make it superior to the country’s existing economic zones and on par with similar models in the region and world over. – Photo VNA Trung Nguyên

HÀ NỘI — The special preferential policies for Vân Đồn Special Economic Zone must make it superior to the country’s existing economic zones and on par with similar models in the region and world over.

During a meeting with provincial authorities on Thursday, Deputy Prime Minister Trương Hòa Bình required the northern coastal province of Quảng Ninh to map out and propose specific incentive policies at the earliest to develop Vân Đồn quickly into a special economic zone. Tiếp tục đọc “Vân Đồn special economic zone must be superior: Deputy PM”