ENHANCING APPEAL OF ECONOMIC AND INDUSTRIAL ZONES
Binh Dinh province defines that developing industrial zones and economic zones is one of the new engines of growth and development. In order to attract investment capital and develop economic zones and industrial zones, the province has created many competitive advantages thanks to the open investment environment, simple and streamlined administrative procedures.
MAJOR INVESTMENT RECIPIENT IN SOUTHERN CENTRAL COAST
With available local advantages, good infrastructure preparations in industrial zones, smooth traffic connectivity and abundant human resources, Binh Dinh province is considered a top destination for companies and investors.
VIETNAM TENDERS DAILY- APRIL 6, 2023
1. Consumable materials supply
2. Materials, transport equipment supply
3. Anti-corrosion metal beads supply
4. Metal materials and bearings supply
5. Battery system supply and installation
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STEEL INDUSTRY AWAITS INDICATION OF PROGRESS
The steel sector across Vietnam continues to face a variety of challenges to its growth prospects from multiple angles. The deputy general manager of China’s SUMEC International Technology Co., Ltd., Luan Shorden, arrived in Hanoi 10 days ago to discuss the possibility of selling raw steel.
HCMC’S BUSINESS CONFIDENCE PREDICTED TO IMPROVE IN Q2
In contrast to bleak financial prospects in the January-March period, reflected in the city’s gross regional domestic product expansion of a mere 0.7%, the financial picture may become bright in the year’s second quarter.
MORE THAN $370 MILLION OF FDI POURED INTO DONG NAI PROVINCE
Dong Nai People’s Province granted five foreign-invested enterprises (FIEs) licences to increase their investment capital by a total of more than $370 million on March 31. The project with the largest increase in capital is from Hyosung Dong Nai Co., Ltd. (belonging to South Korea's Hyosung Group) located in the Nhon Trach V Industrial Park. The project increased its investment capital from $742.7 million to $925 million.
FOREIGN SMES POUR CAPITAL INTO VIETNAM
Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70 per cent of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
VIET NAM LURES NEARLY US$5.45 BILLION IN FDI IN Q1
Viet Nam attracted US$5.45 billion in foreign direct investment (FDI) in the first quarter of 2023, equal to 61.2 percent of the same period last year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported. Of the above figure, foreign investors pledged to pour US$3 billion in 522 newly-licensed projects, down 5.9 percent in terms of capital volume, and up 62.1 percent in terms of the number of projects.
