Việt Nam News

An investment promotion conference with businesses of the Republic of Korea (RoK) was held in the northern port city of Hải Phòng last week.

Greening the garment industry is essential for the sector to fully exploit opportunities arising from the free trade agreements and participate deeply in global value chain, acccording to Việt Nam Garment and Apparel Association (VITAS).  

Deputy Prime Minister Lê Văn Thành approved the expansion of investment in Wharf 5 and 6 Lạch Huyện at Hải Phòng seaport, invested by Hateco Group Joint Stock Company.

The Hải Phòng Economic Zone Authority (HEZA) on January 24 granted investment licences to five projects in industrial parks, including three foreign-invested projects worth US$140 million and two domestic ones valued at over VNĐ2 trillion ($86.9 million).

Factory workers in industrial parks in the two northern provinces of Bắc Giang and Bắc Ninh are moving into their companies' dormitories in a bid to kickstart production after weeks of temporary shutdown due to COVID-19.

The HCM City Department of Health has instructed the Hospital for Tropical Diseases and Củ Chi District Hospital to make plans to admit COVID-19 patients if the number of cases in the city increases significantly.

The vietnam-briefing.com published by Dezan Shira & Associates - a consultancy firm on foreign investment in Asia has run an article, emphasising that since the EU-Việt Nam Free Trade Agreement (EVFTA) took effect in August 2020, Belgium has played a significant role in promoting trade and foreign investments into Việt Nam.

Deputy Prime Minister Trịnh Đình Dũng has signed a decision to establish the Quảng Yên Coastal Economic Zone in the northeastern province of Quảng Ninh. Earlier this May, Quảng Yên was added to the national plan for coastal economic zones.

Prime Minister Nguyễn Xuân Phúc recently signed a decision on the establishment of the coastal Quảng Yên Economic Zone in the northern province of Quảng Ninh.

In 2019, these zones lured $1.43 billion in foreign direct investment (FDI), 3 per cent higher than the yearly target.

Five or six more industrial parks were expected to be built in the northern port city of Hải Phòng, according to head of the municipal Economic Zone Authority (HEZA) Phạm Văn Mợi.