Aware of the possible dangers pose by small production facilities inside residential areas, the municipal authorities have offered aid in relocation tasks.
The Department of Foreign Affairs of Quang Ngai Province this morning held an online conference to exchange cooperation opportunities between Quang Ngai Province, Vietnam and Hebei Province, China.
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over US$90.1 million worth of capital in the first quarter of 2023, increasing by 21.36 percent year-on-year and fulfilling 16.39 percent of the yearly plan.
The Management Board of Van Phong Economic Zone in Khanh Hoa Province said it would work with investors who have project proposals in the Nam Van Phong area and industrial parks from February 7 to 15.
Although the world economic situation was not so bright in 2022, foreign direct investment (FDI) capital flowed strongly to the Southeast region, with HCMC and Binh Duong leading with US$3.94 billion and $3.14 billion respectively.
Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.
The Vietnam General Confederation of Labor suggested considering consideration for the price frame of medical examination and treatment services, even for private medical examination and treatment facilities to protect patients’ interests.
Ho Chi Minh City has been able to attract much investment and offer jobs for millions of laborers during its 30 years trying to establish and develop export processing zones and industrial parks (EPZ-IPs). However, along with the urbanization process, these EPZ-IPs have gradually shown inadequacies in infrastructure planning that need addressing for a more sustainable growth.
Vietnam has about 335 industrial parks across the country together with 17 economic zones, which play an important role in investment attraction and State budget collection.
Along with the achievements in socio-economic development, Ho Chi Minh City is facing many challenges in terms of environmental pollution from its economic growth and urbanization process. Accordingly, the southern metropolis has been making efforts to build environmentally friendly city as protecting the environment is essential to sustainable economic growth.
The municipal authorities will build a development plan of export processing zones and industrial parks in the next 10-20 years, said Vice Chairman of the HCMC People’s Committee Vo Van Hoan in the live broadcast of “People asked – The City answered” program on May 8.
Ms. Nguyen Thi Le, Chairwoman of the People's Council of Ho Chi Minh City, requested to focus on accelerating the implementation of the social housing development plan for the 2021 – 2025 period with the target of developing an additional 2.5 million square meters of floor areas, equivalent to about 35,000 apartments.
Every year after the Tet (Lunar New Year) holiday, many businesses face a serious shortage of workers. Last year, due to the impact of social distancing orders, enterprises struggled with a shortage of labor. Therefore, the need to prepare the workforce for the post-Tet period is even more urgent.
Industrial activities in Ho Chi Minh City are facing many challenges in terms of infrastructure, as existing industrial parks (IZs) gradually fill up the leased land area, whereas new IPs are slowly established. Up to now, the city has only about 300 hectares of land in industrial zones that can be leased and exploited.