LOGISTICS & INDUSTRIAL MARKET
Vietnam: There will be more than 1.2 billion tons of goods transported through seaports
According to the detailed planning of seaports, ports for the period 2021-2030, with a vision to 2050, the total land use demand according to the planning until 2030 is about 33,800 ha, including seaport development areas, Can Gio international transit port area and industrial parks, logistics… associated with the port; of which, the seaport is 17,300 ha. The total water surface demand according to the planning until 2030 is about 606,000 ha.
Vietnam: Registered FDI capital in Vietnam reaches over 18 billion USD in 7 months of 2024
The Foreign Investment Agency, Ministry of Planning and Investment has just announced that as of July 20, 2024, the total registered foreign investment capital in Vietnam reached over 18 billion USD, an increase of 10.9% over the same period in 2023. Thus, in the first 7 months of 2024, both registered investment capital and realized investment capital continued to increase over the same period, with increases of 10.9% and 8.4%, respectively.
Vietnam: Vietnam’s E- Commerce is on the rise
According to a recent report by OpenGov Asia, Vietnam and Thailand have emerged as the two fastest growing e- commerce markets in Southeast Asia. Changing consumer behavior with a preference for online shopping, government support, the adoption of new technologies such as AI, the Internet of Things (IoT), and big data to optimize processes, as well as improvements in logistics and e-payment infrastructure, show the strong growth potential of the industry in Vietnam.
Vietnam: What to do to become the world’s technology factory?
The Department of Industry has completed the proposal to develop a key Industrial Law and reported to the Government to submit to the National Assembly Standing Committee to add to the Law Development Program for the period 2024 – 2025. The Ministry of Industry and Trade will also complete the Development Strategy for a number of important industries to unify the development orientation of the industry in the new period,…
Vietnam: Japanese flour giant plans to build factory in Vietnam
According to Nikkei Asia, Japan’s leading flour producer Nippn has just announced plans to build a new factory in Vietnam to supply dry ingredients to domestic food manufacturers. The factory is expected to be located near Ho Chi Minh City and will specialize in producing premixed flour for frying and baking. When completed in 2027, the factory is expected to have a capacity of about 4,300 tons per year.
Ho Chi Minh: Prioritizing investment and development of 93 traffic works
The HCMC Department of Transport has just sent a document to the HCMC People’s Committee on the investment and development plan for 93 traffic works that need to be prioritized for implementation in the 2024-2030 period, including expressways, expressway connecting roads, national highways, ringroads, large bridges, urban roads, inter-regional roads, waterways, etc. The total estimated investment is more than VND 276,160 billion.
Long An: Large clean land fund is an advantage for Long An to attract FDI
Improved administrative procedures, transparency of supply, land fund, labor supply, labor rental prices, and traffic infrastructure conditions are the leading factors affecting the choice of investment locations of FDI enterprises in Long An. In particular, besides the fact that clean land funds in IPs in Dong Nai, Binh Duong, and HCM are gradually depleted, the advantage of large land funds will be a special investment attraction for Long An.
Da Nang: Implementing investment procedures for 3 new Industrial Parks
According to the Management Board of Da Nang HighTech Park and Industrial Parks (IP), the unit is implementing procedures and planning documents, investing in 3 new IPs: Hoa Cam IP Phase 2, Hoa Ninh IP and Hoa Nhon IP. Currently, Da Nang has 8 IPs. To date, the parks have attracted a total of 523 investment projects; including 399 domestic projects (34,450 billion VND) and 124 FDI projects (2,070 million USD).
Lang Son: Allocating 4,900ha in Huu Lung for Industrial, Urban and Service Zone
The master plan for the construction of Huu Lung Industrial – Urban – Service Zone, Lang Son province, has just been approved at a scale of 1/5000. The project covers an area of 4,900ha, within the administrative boundaries of 4 communes of Huu Lung district, including: Hoa Son, Tan Thanh, Ho Son, Hoa Thang. The project includes the following functions: industrial zone; research and training zone; new urban area, resettlement and existing residential area renovated,…
Nam Dinh: Hong Kong Enterprise plans to Build a 50 Million USD Phone Components Factory
Chung Nam Group, Hong Kong (China) has expressed its plan to invest in a factory to produce: camera clusters, front and rear lenses of phones, with an estimated total investment capital of about 50 million USD in phase 1. In Vietnam, Chung Nam Group has established Vitalink Vietnam Co., Ltd. with 2 branches in Bac Giang province. Currently, the Group is a partner of many major electronic technology brands: Samsung, Apple, Huawei, CRE, BOEV.
Nam Dinh: Kam Kiu Aluminum Group invests 100 million USD to build a factory
Kam Kiu Aluminum Group, Hong Kong (China) currently needs to use 12-20 ha of land to invest in a factory producing aluminum accessories for electronic devices, smart devices (phones, computer screens, speakers, watches) and auto parts with a total expected investment of 100 million USD. The Group will invest in My Thuan Industrial Park; and hopes to complete the factory investment and put it into operation and production by May 2025.
Quang Ninh: Foxconn plans to produce Nintendo Switch
Recently, Quang Ninh People’s Committee has granted an Investment Registration Certificate to Foxconn Group to implement 2 projects with a total capital of 551 million USD. Of which, the Smart Entertainment Products project invested in Song Khoai Industrial Park has an area of 21.5 ha, a total capital of 263.7 million USD. The project is expected to be tested from October to December 2026 and officially put into operation from January 2027.
Source: Catherine Huỳnh
