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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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Ho Chi Minh City
Tuesday, July 15, 2025

VND2.2-trillion IP project in Bac Giang approved

The Saigon Times

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HCMC – Deputy Prime Minister Tran Hong Ha has signed off on a VND2.2-trillion project for construction and infrastructure development at the Nghia Hung Industrial Park in Bac Giang Province.

The project will be developed by Gilimex Bac Giang Industrial Park Corporation. Spanning an area of 148.68 hectares, the total investment cost of the project is VND2.2 trillion, with VND330 billion to be contributed by the investor.

The operational period is set for 50 years from the date of investment approval.

The development will take place in Dao My and Nghia Hung communes, Lang Giang District. The project is expected to be completed within 30 months of the Government handing over the land.

In 2024, Bac Giang attracted over US$2.23 billion in investment, securing its position as the 11th most attractive investment destination in Vietnam. The province primarily draws foreign direct investment (FDI) into electronics manufacturing, assembly, textiles, and logistics.

To date, investors from more than 30 countries and territories have contributed to Bac Giang’s development, solidifying its status as a key investment hub in northern Vietnam.

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