Want to be in the loop?
subscribe to
our notification
Business News
NAM DINH TO BUILD TWO NEW INDUSTRIAL CLUSTERS
Two new industrial clusters will be created in Nam Định Province offering services in a wide variety of sectors including pharmaceutical production, automotive parts and food processing.
The Nam Định Provincial People’s Committee will establish Thắng Cường and Mỹ Thuận.
The Thắng Cường Industrial Cluster spans an area of 75 hectares in Yên Thắng and Yên Cường communes, Ý Yên District, Nam Định Province.
Its primary industrial activities are mechanical engineering, supporting industries, food processing, pharmaceutical production, automotive parts manufacturing, electronics assembly, electrical equipment production and other manufacturing and processing industries.
Bateco Thắng Cường Joint Stock Company, with a total investment of about VNĐ1.03 trillion (US$41.2 million), is the project's investor. The project is expected to be completed within 24 months from the date of land handover.
The Mỹ Thuận Industrial Cluster is located in Mỹ Thuận Commune, Nam Định City, Nam Định Province.
It aims to attract companies in high-tech mechanics, automotive and motorcycle assembly, electronic production, food processing, construction materials production, handicrafts, wood processing, household goods manufacturing and other supporting and processing industries.
Thịnh Vượng Mỹ Lộc Joint Stock Company is the infrastructure developer for this industrial cluster.
The project has a total investment of over VNĐ929 billion, it is also set to be completed within 24 months of land handover.
Both clusters aim to attract large enterprises with modern, environmentally friendly technologies.
According to the approved development plan and the Nam Định Province Master Plan for the 2021–30 period, with a vision toward 2050, the province will have 54 industrial clusters covering about 5,969 hectares by 2030.
During the 2031–50 phase, some clusters will be expanded, increasing the total area to 8,703 hectares.
Source: VNS
Related News
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030
Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.






















