According to local authorities, the province was awaiting a new investment inflow since it is currently home to 13 industrial parks covering thousands of hectares of land that are ready to serve investors.
Nearly VNĐ7 trillion (US$300.8 million) will be invested on building two international container terminals in the northern city of Hải Phòng’s Lạch Huyện Port next year.
Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Việt Nam (SBV)’s agencies this week.
HCM City has a number of organisations providing assistance and consultancy to small and medium-sized enterprises while banks offer loans on easy terms, but they do not make use of either the consultancy or loans, a conference heard in HCM City on October 3.
Việt Nam is taking strong actions from the central to the grassroots level to speed up the application of Industry 4.0, making changes in fields of production, business, cultural and social life, as well as national defence and security.
Việt Nam is seen as an increasingly attractive investment destination for many Korean businesses, Choi Gangsun, director of Korea-based Gyeonggi Technopark, said at the Việt Nam-South Korea Trade forum on October 3 in HCM City.
Advanced technologies and machinery and equipment used in the plastics and rubber industry are on display at the Vietnam International Plastics and Rubber Industry Exhibition that opened on October 3 in HCM City.