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Strengthening policy frameworks

As domestic and international investors increasingly focus on sustainability, there is a pressing need to bolster policy frameworks and address challenges in the development of industrial parks and economic zones to make them more attractive Challenges for industrial parks As of February 20, Vietnam had had a total of 418 industrial parks, which comprise various types such as 317 outside of economic zones, 39 inside coastal economic zones, and eight inside border gate economic zones. Among these, 298 operational industrial zones cover approximately 92,200 hectares of land, with around 63,100 hectares designated for industrial use. Additionally, 120 industrial zones are currently under construction with a total natural land area of about 37,500 hectares, of which industrial zones amount to 26,100 hectares. The total industrial land area for lease nationwide was around 51,300 hectares, with an occupancy rate of roughly 57.5%. Out of the 298 operational industrial zones, 272 of them have operated wastewater treatment facilities that meet environmental standards, representing around 91.3% of the total. According to Nguyen Quang Vinh, vice chairman of the Vietnam Chamber of Commerce and Industry (VCCI), industrial zones and clusters play a vital role in driving economic development, restructuring, and integrating into global production and […]
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The liquidity gap

The central bank’s seven-day bank bill buybacks and its additional issues of 28-day bills indicate a clear divergence in the current liquidity landscape among...

Scorching heat grips Vietnam

HCMC - Scorching weather has gripped Vietnam, with temperatures soariing to a record high of 43.2 degrees Celsius in some areas, according to the...

Towards green energy

Vietnam’s effort in green energy technology production is gaining traction, with foreign-invested companies exporting green energy equipment manufactured locally. This marks a significant step...

Offshore wind power faces headwinds

Despite its vast potential, Vietnam’s offshore wind power sector is grappling with the lack of a legal framework. Whether the targets in National Power...

Vietnam coffee at stake

In a historic development, the domestic coffee market has experienced an unprecedented and prolonged rise in coffee prices, spanning half of the coffee crop...

Shifting business models amid market upswing

Undoubtedly, securities firms have benefited from stock market rallies, but they are undergoing significant shifts in their business models. Robust Q1 performance With the VN-Index having...

Truong My Lan appeals against lower court verdict

HCMC - Truong My Lan, chairwoman of Van Thinh Phat Holdings Group Corporation, has appealed against the death sentence imposed on her by the...

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