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WEEKLY VIETNAM NEWS RECAP ( from May 13 to May 19 2024)

20/05/2024 - 17

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INDUSTRIAL

Vietnam: Development orientation of 11 Central Coastal Economic Zones

Many provincial plans for the period 2021-2030, with a vision to 2030, just approved by the Prime Minister, have oriented the development of 11 EZs in the coastal and coastal areas of North Central and Central Coast. Of these, the 11 EZs mentioned above include: Nghi Son (Thanh Hoa), Southeast Nghe An (Nghe An), Vung Ang (Ha Tinh), Hon La (Quang Binh), Southeast Quang Tri ( Quang Tri), Chan May – Lang Co (Thua Thien Hue), Chu Lai (Quang Nam), Dung Quat (Quang Ngai), Nhon Hoi (Binh Dinh), Nam Phu Yen (Phu Yen), Van Phong (Khanh Hoa).

Vietnam: ST Telemedia Global Data Centers joint venture with VNG

On May 15, ST Telemedia Global Data Centers (STT GDC) and VNG Corporation (VNG) announced cooperation in building and operating data center projects according to international standards in HCMC, Vietnam. This cooperation includes continuing to operate the VNG HCMC 1 STT Data Center (formerly VNG Data Center, located in Tan Thuan Export Processing Zone) and establishing a new data center with the name No. VNG HCM 2, also located in Tan Thuan Export Processing Park and 1.5km from the first facility. Data center No. 2 is expected to come into operation in the first half of 2026.

Bac Giang: Adjusting a series of Industrial Parks

For industrial park development, take Huyen Son IP (150 ha) out of planning; adjusted to reduce the area of Tien Son-Ninh Son IP by 133 ha. Adjusting and shifting the boundary of Tien Son-Ninh Son IP-Urban-Service Park; The IP area after adjustment is 167 ha (down 56 ha) based on the adjustment to reduce the area of Tien Son-Ninh Son IP by 133 ha; Adjusting the planning of Tien Son – Ninh Son logistics park with an area of 77 ha to convert it into industrial park land. Adjusting An Ha IP, Lang Giang district (300 ha) from the period 2031 – 2050 to be implemented in the period 2021 – 2030, of which, implemented in the period 2021 – 2030 with a scale of 206 ha, in the period 2031 – 2050 expands another 94 ha.

Dong Nai: Overview of Industrial Park planning until 2030

According to the draft Decision of the Prime Minister approving Dong Nai Provincial Planning for the period 2021-2030, with a vision to 2050, by 2030 Dong Nai will have 53 IPs with a total area of up to 19,035.4ha. According to the orientation from now to 2030, the province will allocate land funds to develop IPs with a large concentration in Long Thanh district of 5,483 ha; Cam My district 2,556ha; Nhon Trach district 3,907ha; Trang Bom district 2,321ha; Bien Hoa 1,412 ha; Thong Nhat district 976ha; Xuan Loc district 609ha… and allocate land fund for the development of industrial clusters concentrated in Vinh Cuu district 446ha; Long Thanh district 343ha; Trang Bom district 181ha; …

Long An: Overview of planning for 88 Industrial Parks until 2030

According to the provincial planning approved by the Prime Minister, by 2030, Long An will have 51 industrial parks with an area of over 12,400 ha. In addition, the province also plans to add 37 industrial parks with a total area of nearly 20,000 ha. Currently, the entire province has 34 industrial parks established with a total area of over 9,250 ha. Of these, 26 industrial parks are eligible to receive investment with a planned land area of nearly 6,000 hectares (20 industrial parks are in operation). In addition, Long An also plans to add 37 newly established potential industrial zones in case the province is supplemented or adjusted to planning targets.

Bac Giang: Approval of 75ha Industrial Cluster Planning

The People’s Committee of Bac Giang province has just issued a Decision approving the detailed construction planning at scale 1/500 of Danh Thang – Doan Bai industrial cluster, in Doan Bai commune and Danh Thang commune. The scale of the planning research area is about 74.9 ha. In terms of nature, this is a green industrial cluster, with modern, advanced, environmentally friendly technology, attracting professions such as: Mechanical industry; electrical – electronic industry; agricultural and forestry product processing; clothing industry; pharmaceuticals, animal feed; manufacturing and processing industry; supporting industry.

Thanh Hoa: Started construction of an Industrial Cluster of nearly 20 ha

On May 16, Hop Luc JSC started construction on the Northeast Industrial Cluster project with an area of 19.5 ha in Long Anh commune. The project is invested by Hop Luc Joint Stock Corporation with a total project investment capital of about 156 billion VND. It was established to attract occupations such as handicrafts; occupations and fields that use high technology, clean technology, and environmental friendliness, specifically: supporting industries include manufacturing components for the assembly industry, electrical and electronic spare parts, and manufacturing exporting mechanical equipment and phone components; Other industries…

Thanh Hoa: There will soon be a nearly 200 billion VND factory producing electronic toys

The People’s Committee of Thanh Hoa province has just issued Decision No. 1917/QD-UBND deciding to approve the investment policy, and at the same time approve the investor project of manufacturing and processing decorative LED products and electronic toys. in Thai Hoa commune, Trieu Son district. It has an investment capital of more than 192 billion VND, the land area for project implementation is 68,000m2. The project investor is Tham Thai Hoa Trieu Son Co. Within 12 months, the company will have to complete procedures and documents to lease land to implement the project.

Hai Phong: Commencement of Tien Cuong II Industrial Cluster

On May 18, in Tien Lang district, Hai Phong City, construction of Tien Cuong II Industrial Cluster began with an area of more than 50 hectares, with a total investment of 698 billion VND. The project is invested by Tien Phat Industrial Park Infrastructure Investment Joint Stock Company. The project was built with the goal of attracting professions such as: mechanical industry; electronics industry, refrigeration, telecommunications, information technology and high technology; industrial production of products supporting high-tech industry; electrical equipment manufacturing industry; construction materials production industry; light industry…

Lao Cai: Korea Vina started construction of a Garment Factory

On May 12, at Dong Pho Moi Industrial Park, Korea Vina Garment Export JSC started construction of a garment export factory. It has a total investment capital of nearly 100 billion VND, with a production scale of 1 million garment products; 1 million products of hats, shoes, sandals; 500,000 handicraft products/year. Total revenue is estimated at about 100 – 120 billion VND/year for export to the US and European markets and creates jobs for more than 600 workers. The project is built in 2 phases. Phase 1 progress from November 2023 to November 2025; Phase 2 from November 2025 to May 2026.

Lao Cai: Construction of an industrial waste treatment plant

On May 12, at Tang Loong Industrial Park, Phu Nhuan Commune, the groundbreaking ceremony of the Industrial and Hazardous Waste Treatment Plant Construction Project took place. The project is invested by Viet Son Green Environmental Treatment Services JSC. According to schedule, the plant will go into operation in phase I at the end of 2025 and will complete construction in July 2026. The project has a processing capacity of about 320,000 tons of waste/year; create jobs for about 300 workers; Reduce transportation and waste treatment costs for businesses in Tang Loong IP,…

Hung Yen: Daesang Duc Viet inaugurated Hung Yen Factory No. 2

On May 13, Daesang Duc Viet Joint Stock Company officially inaugurated Hung Yen Factory No. 2. The project is located on the campus of Daesang Duc Viet’s Hung Yen Factory and will be built from July 2023 with a usable area nearly 12,000 sqm. Factory No. 2 will have a variety of new product lines such as instant sausages, dumplings, spring rolls or premium meatballs. The project is designed as a closed loop with modern production machinery lines, promising to bring quality products, ensuring food safety and hygiene for consumers.

Binh Duong: Commencement of Pandora Vietnam Factory

On May 16, the world’s largest jewelry company Pandora started construction on the Pandora Production Vietnam factory. The factory was built in VSIP III, with a total investment of 150 million USD. Currently, this factory has completed 61.7% on schedule and is guaranteed to put some main items into operation from August 2024. When put into operation, it will create jobs for more than 7,000 workers and produce 60 million jewelry products per year. This is the fourth production facility and is also Pandora’s first factory built outside of Thailand. This factory will use 100% renewable energy sources.

Quang Ninh: Started construction of a factory worth more than 600 billion VND

On May 17, Tamagawa Vietnam Co., Ltd. started construction on a factory specializing in manufacturing absolute angle detectors for electric car engines in Song Khoai IP. It is built on a total land area of more than 6.27 ha; has a total investment capital of more than 35 million USD, with a capacity to create 14.49 million products/year. The project will officially come into operation around the beginning of the Q2/2025. Tamagawa Seiki Corporation (Japan) specializes in research, production and sales of technology products for the defense, aerospace and space industries, factory automation equipment and automobiles.

Tay Ninh: Announcing the commencement of 7 ‘DHN high-tech agricultural complex’

On May 19, in Tan Chau district, Tay Ninh province, De Heus Group (Netherlands) and Hung Nhon Group coordinated to organize a series of events in the field of agriculture applying high technology and promoting the market. export. Accordingly, the series of events includes: Inauguration ceremony of DHN Tay Ninh high-tech livestock area, announcement ceremony of 7 key projects “DHN Tay Ninh high-tech agricultural zone complex”, ceremony to recognize the safe zone. epidemic in Tay Ninh province and announced a plan to export poultry products to the Halal market. Total investment capital is about 2,500 billion VND.

 

Source: Catherine Huỳnh

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