Business Today

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Binh Duong to Add 10 New Industrial Parks by 2030

Binh Duong province in Vietnam has announced plans to develop 10 new industrial parks by 2030, with the aim of attracting investment from the United States, South Korea, and China. Enhancing Economic Growth In a recent conference on March 15th, Nguyen Trung Tin, Head of the Management Board of Binh Duong Industrial Parks, highlighted the […]

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Bình Định to Establish Over 800 Hectares of Industrial Park

Bình Định province is set to develop the largest industrial park in the area, spanning over 800 hectares. The recently approved masterplan for the Phù Mỹ Industrial Park marks a significant milestone in the province’s economic growth. A Booming Development Prospect The provincial People’s Committee has granted approval for the overall construction plan of the […]

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Transforming Industrial Parks to Avoid Investor Losses

Doanh nghiệp (Businesses) and industry experts believe that careful planning and clear identification of suitable industries for transformation are essential. Promptly announcing these changes is also crucial to prevent investor losses. The Impact of Industrial Park Relocation After three years of bankruptcy filing due to relocation from Binh Chieu Industrial Park (Thu Duc District), Mr. […]

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HCM City Running Out of Land for Workers’ Accommodation

Khu công nghiệp, chế xuất in Ho Chi Minh City (HCM City) is running out of land for workers’ accommodation, with existing housing only meeting 15% of the demand, according to HEPZA officials. HEPZA’s Deputy Director of Industrial and Export Processing Zones Management Board in HCM City, Pham Thanh Truc, shared this information during a […]

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Binh Duong Attracts Half a Billion USD in Investments

Binh Duong province in Vietnam has recently seen a surge in investment with over 4,092 projects approved, totaling a registered capital of more than $39.73 billion USD. This amount accounts for 9% of the country’s total foreign direct investment (FDI) capital. Boosting Investments for Development In a recent program called “Initiate – Connect – Develop,” […]

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Businesses Struggle with Fire Safety Regulations

Hộ kinh doanh, or businesses in Vietnam, are facing significant challenges due to strict fire safety regulations. These regulations have made it difficult for them to construct or use factories, and in some cases, have even forced them to close down. Increased Stringency of Fire Safety Regulations Since a fire incident in Binh Duong in […]

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