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Chinese firms dominate industrial land investment: report

Chinese firms dominate industrial land investment: report

Chinese manufacturing companies accounted for 88 percent of $1.57 billion poured into Vietnam’s industrial parks in the first nine months, showing an increasing shifting trend to Vietnam.
Industrial park operators brace for profit plunge

Industrial park operators brace for profit plunge

Industrial park operators could see H2 post-tax profits fall 23 percent year-on-year to VND4.9 trillion ($211.4 million) over travel restrictions and land acquisition delays.
September 14, 2020 | 02:53 pm GMT+7
Bottlenecks make Vietnam industrial parks less competitive

Bottlenecks make Vietnam industrial parks less competitive

Infrastructure constraints and low environmental standards could diminish the competitiveness of Vietnam’s industrial parks in attracting foreign investors exiting China, industry insiders say.
June 10, 2020 | 08:45 pm GMT+7
Factories hit by coronavirus lockdown in northern Vietnam province

Factories hit by coronavirus lockdown in northern Vietnam province

"We are always awaiting your return. Keep going," a Japanese CEO texted to the company's 225 workers being quarantined in Vinh Phuc Province.
February 25, 2020 | 07:57 am GMT+7
Japan’s Sumitomo to expand two industrial parks in Vietnam

Japan’s Sumitomo to expand two industrial parks in Vietnam

Japanese group Sumitomo plans to spend over JPY19 billion ($176 million) expanding two industrial parks in northern Vietnam.
September 28, 2019 | 03:00 pm GMT+7
China to close industrial park where deadly blast killed 78

China to close industrial park where deadly blast killed 78

The Chinese chemical industry park where an explosion last month killed 78 people and left hundreds injured will be closed, authorities have said.
April 06, 2019 | 12:24 pm GMT+7
HCMC to build $4,500 apartments for low-income workers

HCMC to build $4,500 apartments for low-income workers

Around 80 percent of workers at industrial parks across the country cannot afford to buy a home.
October 15, 2016 | 11:04 am GMT+7
Demand for factory space soars in Vietnam as companies abandon China

Demand for factory space soars in Vietnam as companies abandon China

Cheap labor costs and tax breaks are attracting foreign firms.
October 06, 2016 | 02:03 pm GMT+7
Singapore investors back Vietnam on wave of global integration

Singapore investors back Vietnam on wave of global integration

Industrial parks are expanding in the expectation more foreign funds will start flooding into the country.
September 16, 2016 | 10:39 am GMT+7
Thai investor plans giant $800 mln industrial park in Vietnam

Thai investor plans giant $800 mln industrial park in Vietnam

It is one of the three largest foreign industrial park developers in Vietnam.
August 02, 2016 | 02:32 pm GMT+7
Vietnamese fishermen head overseas for work after pollution kills off catch

Vietnamese fishermen head overseas for work after pollution kills off catch

The Vietnamese government will help fishermen from central coastal provinces to find new jobs in the wake of mass fish deaths that have hammered local fisheries, according to the Ministry of Agriculture and Rural Development
June 30, 2016 | 05:10 pm GMT+7
Landlords hungry for tenants blockade factory in central Vietnam

Landlords hungry for tenants blockade factory in central Vietnam

Buses carrying hundreds of migrant workers to a factory on Wednesday were stopped by angry out-of-pocket locals demanding the employees take up lodgings with them.
June 23, 2016 | 05:46 pm GMT+7
Over 300 new industrial parks and economic zones opened in first quarter

Over 300 new industrial parks and economic zones opened in first quarter

The Ministry of Planning and Investment (MPI) issued investment registration certificates for more than 160 foreign investment projects with total registered investment capital worth over $2 billion in the first quarter of 2016.
April 22, 2016 | 05:26 pm GMT+7
Dispute between industrial park owner and tenant draws official warning

Dispute between industrial park owner and tenant draws official warning

Long An authorities have pledged to come down hard on owners of industrial parks if they interfere in the operations of their tenants, after a dispute between a park’s management and a Japanese firm got out of hand.
March 31, 2016 | 04:26 pm GMT+7
 
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