Want to be in the loop?
subscribe to
our notification
Business News
HAI PHONG ATTRACTS OVER 305 MILLION USD IN FOREIGN INVESTMENT IN TWO MONTHS
The northern port city of Hai Phong raked in 305.66 million USD worth of foreign capital in the first two months of 2022, given the complex developments of COVID-19.
The sum was equivalent to 38.25 percent of the figure for the same period last year and fulfilled 12.22 percent of the target set for this year.
The outcome was attributable to the drastic direction of the municipal authorities and significant efforts of localities and sectors involved, particularly the Hai Phong Economic Zone Authority (HEZA).
Notably, the HEZA has recently granted investment registration certificates for two housing projects that can accommodate about 14,000 workers of the Pegatron Vietnam Co., Ltd and Universal Scientific Industrial Vietnam Co., Ltd. at the Dinh Vu – Cat Hai economic zone.
Last year, the city’s foreign direct investment attraction surged 91.44 percent year on year to 3.13 billion USD.
Source: VIR
Related News
MEMBER CORNER / PROMOTIONS
REAL TEST - NOT JUST WORDS
A truly fireproof bag must prove itself through action. SentrySafe FBWLZ0 was put to the test under flames reaching 1,300-2,000°C. Constructed with 4 layers of high-quality materials — not just for marketing, but for real protection. When risks happen, what you need is reliable protection. SentrySafe FBWLZ0 – safeguarding what matters most, even in extreme conditions.
MEMBER CORNER / PROMOTIONS
EXCLUSIVE HKBAV MEMBER OFFER DISCOUNT: 15% OFF
Eligibility: HKBAV membersPromotion: Special offer for the 2026 Mid-Autumn FestivalHow to enjoy the discount: Please mention that you are an HKBAV member when placing your order.
TECHNOLOGY
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
TECHNOLOGY
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
PROPERTY / INDUSTRIAL ZONE
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
Events Sponsors
