Work on Vĩnh Thạnh IZ to start in June

February 14, 2023 - 12:42

The IZ, worth over VNĐ3.71 trillion (US$160 million), will be developed at Vĩnh Trinh Commune, Vĩnh Thạnh District. It will cover an area of 293.7ha in the first phase.

A view of factories according to the planned functional zoning of Vĩnh Thạnh IZ (phase 1). —Photo courtesy of Cần Thơ Industrial and Export Processing Zones Management Board

HÀ NỘI — Construction of Vĩnh Thạnh Industrial Zone (IZ) in the Cửu Long (Mekong) Delta City of Cần Thơ will begin in June, Trần Việt Trường, chairman of the municipal People's Committee has said.

The IZ, worth over VNĐ3.71 trillion (US$160 million), will be developed in Vĩnh Trinh Commune, Vĩnh Thạnh District. It will cover an area of 293.7ha in the first phase.

Cần Thơ City is now home to seven IZs, namely Trà Nóc 1, Trà Nóc 2, Thốt Nốt, Hưng Phú 1, Hưng Phú 2A, Hưng Phú 2B and Vĩnh Thạnh with a planned area of over 1.000ha, thanhnien.vn reported.

The online newspaper cited Vice Chairman of the committee Dương Tấn Hiển as saying that these zones had thus far attracted 256 investment projects worth a combined $1.6 billion. — VNS

PAN Group set record after-tax profit in 2024

Economy

VN eyes $2 bilion in cassava export on China’s import demand

Economy

Market mixed, VN-Index hovers above 1,200 points

Economy

Vingroup approves 2024 business plan, plans to list Vinpearl on market

Economy

Entries open for annual PropertyGuru Vietnam Property Awards

Economy

TikTok Shop shows strong growth in Q1 2024

More on this story

Economy

China issues 435 codes for Vietnamese agricultural product exporters

On average, the northern border province of Lào Cai sees more than 500 trucks carrying Vietnamese agricultural products to China daily while Lạng Sơn Province sees more than 800 trucks.

Economy

Vietnam Airlines resumes Hà Nội-Kuala Lumpur route

On this occasion, the national flag carrier has launched a promotion with tickets costing only from VNĐ4,644,000 (nearly US$197) for a round trip (taxes and fees included) on this route.

Economy

E-commerce platforms disapprove of suggestion to pay tax on behalf of sellers

A representative of the Vietnam E-Commerce Association revealed three obstacles in the way of e-commerce platforms that make it impossible to pay tax in sellers' stead.

Economy

Demand for industrial land for rent remains high

The demand for industrial land for rent in Việt Nam will remain high this year thanks to policies promoting investment in the country, experts said.

Economy

First batch of Quảng Trị organic rice exported to EU

The central province of Quảng Trị shipped its first batch of 15 tonnes of organic rice to the European Union (EU) on Monday, at a price of US$1,800 per tonne.

Economy

Việt Nam urged to ensure exports to Asian, African markets in 2023

These challenges included a world economic recession, competition among major big economies, trade protectionism, inflation and rising interest rates, MoIT's Director of the Asia-Africa Market Department said.

Economy

Dragon Capital clarifies information relating to EIB shares

Dragon Capital Vietfund Management was recently informed by securities firms that the authorities had requested them to provide transaction information of Eximbank's EIB shares, which were listed on the Hồ Chí Minh Stock Exchange (HoSE), in 2022.

Economy

HCM City plans to build a group of large enterprises

The report on assessment of the business environment in the Southeast provinces of VCCI said that compared to the whole country, HCM City and six provinces in the region are currently contributing about 32 per cent of GDP last year.

Economy

New automotive project granted license in Quảng Ninh

Funded by Boltun Corporation, one of the world’s largest suppliers of auto fasteners and metal parts, and QST International Corporation, the project aims to produce components for US and European electric car manufacturers.