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Tony Milton MRICS

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Fast Facts

Date : Sunday, 04 October 2009
Category : Industrial

CHRONOLOGICAL ORDER : Scroll to bottom for latest info


PwC Emerging Markets Manufacturing & Services Indices (July 2007)

Rank Country Index Value
1 Egypt 95
2 Bulgaria 93
3 Serbia 88
4 India 86
5 Vietnam 85
6 Peru 85
7 Romania 85
8 Ukraine 84
9 Chile 83
10 Turkey 83
11 Thailand 82
12 Brazil 82
13 Malaysia 81
14 China 81
15 Poland 81
16 Philippines 80
17 Indonesia 80
18 Russia 79
19 South Africa 78
20 Mexico 78

Rank Country Index Value
1 Poland 95
2 Chile 95
3 Russia 93
4 Romania 93
5 Bulgaria 93
6 Slovakia 91
7 Serbia 89
8 Brazil 87
9 Malaysia 87
10 Turkey 87
11 Mexico 86
12 Kazakhstan 86
13 South Africa 84
14 Egypt 84
15 Thailand 83
16 China 83
17 Ukraine 83
18 Iran 83
19 Peru 82
20 India 80

050808-Haiphong is emerging as one of the most attractive destinations for industri¬al park developers as high rents and few vacancies in Hanoi are forcing manu¬facturers to look to surrounding areas. Such big names in industrial park development as Sembcorp, Foxconn and Saigon Invest Group are proposing large facilities in the northern port city. These projects were among 13 industrial parks the government approved earlier this year for the port city to build. These parks will occupy 8,157ha. Haiphong is the main seaport in northern Vietnam, handling more than 14 million tonnes of cargo in the first half of this year. High rents and little vacancy in Hanoi's industrial parks are also forcing manufacturers to look at surrounding areas and Haiphong appears on the screen. Land rents in Hanoi's parks have reached up to $150 per square metre for a lifespan of 38 years. In the first quar¬ter, the Sai Dong B and South Thang Long in the capital city recorded land rents of $125 and $100 per square metre for 41 years and 44 years respectively. Land rents in industrial parks in Haphong have grown 20% over the last quarter to reach $45 to $85 per square metre. The 153ha Nomura Industrial Park has been fully occupied. All 164ha in the first phase of Dinh Vu park has been leased and the developer, Dinh Vu Industrial Park Joint Stock Company, has recently received investment certifi¬cate to pour $147 million to build infra¬structure on 377ha in the 2nd Phase. By the end of June, the park attract¬ed 24 companies operating in petro¬chemical and heavy industries with total registered investment of $900 million. VIR

IPs to be established in Haiphong

Nam Trang Cat 1,000he
Thuy Nguyen 1,000he
An Duong 800he
Nam Dinh Vu 1,200he
An Hung-Dai Ban 450he
Tien Thanh-Tien Lang 450he
Giang Bien II-Vinh Bao 400he
Vinh Quang -Vinh Bao 350he
An Hoa-Vinh Bao 200he
Ngu Phuc-Kien Thuy 450he
Vinh Quang-Tien Lang 1,000he
Nam Cau Kien 457he
Trang Due 400he

180808-Foreign investment into Vietnam's industrial parks and export processing zones has slowed despite recent surges of capital inflow into the country. The MPI’s Industrial and Export Processing Zones Management Department figures reveal that industrial zones (IZs) across the nation received $4.03 billion from 227 newly-registered for¬eign-invested projects and 201 expanded projects between January-July. The zones were house to 3,305 foreign direct invest¬ment (FDI) projects worth $33.8 billion, or 26% of the total registered FDI in Vietnam by the end of July. The $4.03 billion paled in comparison to Viet¬nam's total $45.3 billion in newly pledged and expanded FDI over the first 7 months of this year. Occupancy rates at IZs are a great con¬cern since figures show that 110 IZs across Viet¬nam have an average occupancy rate of 74% while 76 new ones are being built. Dong Nai is the nation's leading location for IZs with 18 operating zones and 9 under construction, followed by Binh Duong with 14 and 8 respectively, and Ho Chi Minh City with 12 and 3 respectively. Vietnam would develop 113 new IZs and have 27 expanded zones by 2015. VIR

050908-In the first 8 months of the year Viet Nam's industrial zones (IZs) attracted 254 new foreign investment projects, accounting for $9 billion of the foreign direct investment (FDI). IZs attracted more than 3,300 foreign investment projects so far this year, with $38.9 billion in total investment capital. VNN

100908-Some projects aimed to build accommodations for 9,000 workers of export processing and industrial zones in HCMC have yet to get off ground although these projects have been planned and assigned to investors since 2006, SGT

190908-Ho Chi Minh City is rolling out its broad industrial park vision. In addition to 3 export processing zones and 12 industrial parks totalling 2,354 hectares, the new industrial parks are Dong Nam (338ha), Vinh Loc III (200ha), Phuoc Hiep (200ha), Bau Dung (175ha) and Xuan Thoi (300ha). HEPZA have agreed to a reduced the size of Tan Tao, Hiep Phuoc, Tan Binh, Tan Thoi Hiep and Phu Huu IPs because the compensation of displaced people had met with trouble. The MoC also approved a proposal to take Cat Lai IP off the list of planned pro¬jects, increase the area of Vinh Loc I IP from 207ha to 259ha, Hiep Phuoc IP to 1,500ha and Tay Bac Cu Chi IP to 380ha. Excluding 5 new IPs to be established, apart from Phu Trung and Phong Phu IPs whose infrastructure is under construction, much land is still available to be rented and other parks have as much as 60-92% of their land occupied by ten¬ants. In 2004 the government promulgated Decision 188 on the city's industrial develop¬ment to 2020, specifying that the land available for parks and zones was 7,000ha, of which 4,000ha was in use. Then the Ho Chi Minh City People's Committee on July 31, 2007 issued a deci¬sion to develop parks to 2020 and towards 2025. Also under a development roadmap to 2020, the city planned on having 23 parks and zones. In a short-term develop¬ment stage to 2015, about 3,800-4,000ha will be devel¬oped and brought into opera¬tion, or about 60% of land for concentrated parks in the city. VIR

190908-Leaders of Dong Nai Prov¬ince in a meeting yesterday okayed a proposal to stop calling for new investments into 16 IP where wastewater facili¬ties are still not available in the wake of the Vedan Vietnam environment scandal. The southern province expected to delay accepting new projects into 11 IPs without wastewater treatment facilities and 5 other IPs where the treatment facilities have become overloaded. IP developers will be also forced to complete and upgrade the waste¬water facilities this year or have their development licenses revoked. According to the department, these 16 IPs every day discharge some 37,800 cubic meters of un¬treated wastewater into the rivers, canals and residential areas, aggra¬vating the environmental pollution there for years. Even though these 16 IPs were some 60°% full, the province was determined to apply aggressive mea¬sures to protect the environment. There are currently 27 IPs in Dong Nai, excluding 2 new IPs namely Dau Giay and Giang Dien that have just been approved by the Govern¬ment. However, only 11 IPs have common wastewater treatment facilities. The 11 IPs that still have no master wastewater facilities are Agtex - Long Binh, Ho Nai, Song May, Bau Xeo, Nhon Trach 2, Thanh Phu, Ong Keo, Xuan Loc, Nhon Trach 5, Dinh Quan and Nhon Trach Garment Industrial Park. "For the moment, we are consid-ering to shut down three IPs com¬prising Ho Nai, Thanh Phu and Ong Keo because the developers have been very slow in building treatment facilities. The developer of Ho Nai IP has promised to complete the facility by early 2010, but of course we definitely do not accept that." Ho Nai IP currently discharges some 3,500 cubic meters of un¬treated wastewater a day into nearby canals and rivers. SGT

260908-The PM has approved a project on to make master plans for coastal economic zones in the country in the long term. As ex¬pected, 15 coastal economic zones will be developed between now and 2020, including : Van Don (Quang Ninh); Dinh Vu-Cat Hai (Hai Phong); Nghi Son (Thanh Hoa); South-eastern Nghe An (Nghe An); Vung Ang (Ha Tinh), Hon La (Quang Binh); Chan May-Lang Co (ThiiaThien-Hue); Chu Lai (Quang Nam); Dung Quat (Quang Ngai); Nhon Hoi (Binh Dinh); Nam Phu Yen (Phu Yen); Van Phong (Khanh Hoa); Phu Quoc (Klen Giang); Dinh An (Tra Vinh) and Nam Can (Ca Mau). VNN

011008-The number of industrial parks (IPs) in the southern province of Dong Nai has been growing fast, with 2 new IPs - Giang Dien (530 hectares) and Dau Giay (33 hectares) - set up last month. The province now has 29 IPs covering a combined 9,000 hectares. SGT

021008-According to the Ministry of Industry and Trade some 1,643 industrial complexes have been approved by provincial People’s Committees to 2020 covering a total of 73,000 hectares. Some 80% of industrial complexes are managed by district People’s Committees, while others by industrial zone management boards or offices. Enterprises inside these industrial complexes have to build their own infrastructure. As a result, many of them lack waste water processing facilities, causing serious environmental concerns. VNN

101108-In late 2008, the government approved t 2nd Phase of the IP covering 97 hectares and worth about USD$114 million and ex¬pected to be operational by 2015. The developer is Tan Thuan Indus-trial Development Company. SGT

121108-Dong Quang Textile in Duc Hoa in Long An has built 374 room worker dormitory with canteen and retail store worth $2.39m with each room of 4 rented at $18/month ie $6,700/mth or $80k pa ie 3.33% yield and $6,400/room to build. SGT

151108-In the Dung Quat Economic Zone in Quang Ngai Province, where the country's first oil refinery will be brought into operation early next year of the 12 foreign-invested projects in Dung Quat, only 2 projects, or 8 per cent of the total capital in this economic zone, have become operational. To minimise the waste of land in economic zones, the provincial authorities have issued strong measures. Since 2007, Quang Nam Province has revoked 31 investment licences. Thua Thien-Hue has revoked 29 licences and over 1,000 ha of land. Da Nang and Phu Yen have taken similar action. VNN

151108-MPI statistics show that by the end of October 2008, there were 194 IPs across Vietnam, com¬prising 110 operational IPs and 84 sites under construction. IPs provide manufactur¬ing bases for 3,325 foreign¬ invested projects worth $39.3 billion and 3,082 domestically-invested pro¬jects worth in excess of $1 billion. The number of IP workers had grown to more than 1 million some three-quarters of whom are in urgent need of accommo¬dation. Actually, only 10% of the IP workers can get access to the accommodation provided by the local governments and enterprises, leaving roughly 90% to find accommo¬dation themselves. VIR

221108-The Cuu Long (Mekong) Delta is facing serious environmental threats, as an increasing number of IZs is leading to escalat¬ing levels of pollution. The delta now has 20 IZs and 177 industrial com¬plexes. While production may be weak, environmental pollution is at alarming levels in the region. Delta provinces have been de¬veloping their IZs by offering cheap labour, mostly manual. Almost no sup¬porting industries were being developed, leading to few jobs for locals, many of which were displaced for the projects. Rural lifestyles, after being disrupted for these projects, has therefore seen little improve¬ment. Among the 20 IZs in the delta, Long An has 8, Can Tho has 3, Tien Giang has 2, and each of the other provinces has 1 industrial zone. The construction of infrastruc¬ture has been slow, and services have also proven weak. For example, the 360-ha Khanh An Industrial Zone in Ca Mau Province, which is conve¬niently located near the Ca Mau gas-electricity-fertiliser complex, has been established since 2003. However, the 11 km road needed to link the IZ with Ca Mau City has yet to be completed. Poor infrastructure is a main rea¬son this delta region has difficul¬ties attracting investors. According to statistics, from 1988 to 2008, foreign direct in-vestment in the delta increased by just US$2.3 billion, accounting for 2.96% of the entire country. In comparison, invest¬ment into the Hong (Red) River Delta gained more than $20 bil¬lion, and the south-eastern region gained $42.34 billion. As locals receive limited ben¬efit from these IZs, and the re¬gions see minimal revenue, the delta provinces are paying a high cost in environmental dam¬age. At present, only 30% of IZs have waste water treat¬ment facilities, while others don't, or they are still under con¬struction. Studies have shown that the areas generate 222,032 tonnes of industrial solid waste, on top of 47.2 million cu.m of industrial waste water. What makes the situation even more dangerous is that most IZs in the delta are located close to rivers and canals, so waste is di¬rectly released into these sources of water. For example, the Vam Co river system in Long An Prov¬ince now receives 363 tonnes of industrial waste and 151,000 cu.m of waste water per year from IZs. In Can Tho City, most local rivers and canals have become `black rivers', suffering from se¬rious pollution. "Development of industrial zones and industrial complexes in the delta has now become spontaneous, and development of infrastructure is not synchro¬nous," said Deputy Chairman of Can Tho City People's Committee Tran. "Authorities too easily give business licenses to projects such as IZs, with complete dis¬regard for the environment, he added. VNN

241108-Southern region handles 70% of con¬tainer volume and the transport demand in the region and is growing at 20-¬25% per year. According to the MPI's latest inspection reports, there are 8 foreign-invested port develop¬ment projects in Ho Chi Minh City and Ba Ria-Vung Tau provinces. There are 3 operational ports VICT, Ba Ria Serece and Bong Sen and 4 under construction - Cai Mep Interna¬tional Terminal, Saigon SSA, SP¬PSA and P&O Saigon Port. The Thi Vai International Port project has had its licence withdrawn. Thi Vai International Port was licenced in 1997 as a JV between Vung Tau Shipping and Service Company, Vietnam Steel Corporation and Japan's Kyoei Steel Company with total investment capital of USD$56 million but has yet to get off the ground as a result of internal disagreements. There are 4 port projects under construction in Hiep Phuoc and Cai Mep-Thi Vai areas, which have a combined investment fund of USD$1 billion. Cai Mep-Thi Vai port complex will replace Ho Chi Minh City's ports. VIR

271108-HCMC environment inspectors said in a report that Le Minh Xuan IP had the most waste water violators with 35 compa¬nies, followed by Vinh Loc IP with 28 violators and Linh Trung Export Processing Zone with 27 culprits. SGT

281108-About 110 operational IPSs in Vietnam have attracted a little more than 3,300 FDI projects worth USD$39.3 billion and 3,000 domes¬tic projects worth VND185 trillion / $10.9bn since 1991. Over 1.1 million Vietnamese are employed at those IPs. SGT

021208-Korea’s IGS Capital Group first IP Bac Ninh province is expected to draw 250 Korean manufacturing investors to bring in roughly $2 bil¬lion and create 50,000 local jobs. VIR

041208-Dong Nai's Dept of Natural Resources and Environ¬ment has asked the provincial government to stop accepting new projects into the 19 IPs in the province. Efforts should now be shifted to expanding the scale of manufactur¬ing and business activities at the IPs. SGT

091208-The PM has permitted an additional 7 IPs in HCMC. The sites for the parks include Dong Nam, Bau Dung, Phuoc Hiep, Xuag Thoi Thuong, Vinh Loc 3, Le Minh Xuan 2, and Le Minh Xuan 3. The parks are expected to be built by 2015, with an extension to 2020. The city authorities will also adjust the area of Phu Huu Industrial Park from 162ha to 11 4ha and expand the area of Le Minh Xuan and Hiep Phuoc industrial parks to 120 ha and 500ha respectively. VNN

091208-Corporate income tax incentives could be removed from IZs & EPZs making them less attractive places for investors according to the draft decree implementing the Corporate Income Tax Law. Regarding high tech zones, tax exemptions and reductions under the draft are similar to current regulations, which offer 10% preferential rates for the whole life of a project. However, a 10% preferential tax rate is slated to be applied for 15 years. In addition, under the draft decree, income from subleased land will be treated as income from transferred properties and subject to a 25% corporate income tax resulting in rent increases. This coupled with the fact that newly established enterprises in such zones are no longer entitled to tax incentives would eliminate the compet¬itive advantages of companies located in the zones compared with located out¬side the zones. Tax incentives have been a factor luring foreign and domestic investors to industrial and export processing zones. For example, manufacturing enterprises located in industrial zones are entitled to a 15% tax rate for the first 12 years, with a 3 year tax exemption and a 50% tax reduc¬tion for the 7 subsequent years. It would impact on management and environ¬mental protections if investments were not centralised in certain areas. MPI statistics show that Vietnam has 194 IPs and EPZs of which, 84 zones are operational, attracting 6,400 domestic and foreign investment projects worth $50 billion. VIR

081208-According to MPI statistics, there are 194 IPs, EPZs & EZs nationwide occupying 46,588 hectares with 3,325 FDI investment projects and 3,082 domestic ones. VIR

101208-The southern province of Dong Nai has announced it will strive to attain gross domestic product (GDP) of VND64.6 trillion (US$3.7 billion) next year, 14.5% better than this year. Some 11 of 21 industrial parks in the province have no wastewater facili¬ties and are killing Dong Nai and Thi Vai River, according to Chanh. Next year the province also aims at achieving export revenue of US$8.4 billion, 2396 more than in 2008, and import revenue of US$10.1 billion, 24% higher than in 2008. This will leave a trade deficit of US$1.7 billion. According to the province, it is ex¬pected to attain most of its economic targets including GDP of $3.17 billion, and the total foreign direct investment of US$3 billion. According to the environment department, Dong Nai still has nine large industrial parks polluting Dong Nai and Thi Vai rivers with 45,000 cubic meters of untreated wastewater added every day. The nine industrial parks are Ho Nai, Bien 1loa 1, Nhon Trach 2, Nhon Trach 3, Song May, Amata, Go Dau, Tam Phuoc and Loteco. SGT

171208-Enter¬prises in Binh Duong Province's industrial parks so far this year earned over US$5 billion, an increase of 36% over 2007. The IPs at¬tracted 124 FDI projects and 38 domestic ones in 2008. Currently, the IPs house a total of 984 FDI projects and 296 do¬mestic ones. Moreover, the industrial parks have created jobs for 31,000 labourers in 2008. There are 250,000 labourers working in the IPs. Binh Duong Province currently has 27 IPs with a total area of 8,877ha. The industrial parks have contributed 60-65% of the province's industrial production value and 34% of export turnover. Most of the industrial parks in Binh Duong Prov¬ince have registered environmental standards with the government and ap¬plied measures to minimise pollution. However, a minority of enterprises have violated environmental standards, leading to pollution in certain areas of the province. VNN

171208-There are 7 operational hi-tech parks nationwide, covering some 750ha, ex¬cluding nearly 2,500ha for 14 industrial parks with hi¬ tech applications. If every¬thing goes as planned, an¬other 33 hi-tech parks will come on stream, covering 16,426ha and the High Technol¬ogy Law (1st July 2009), offers more favorable mechanisms to encourage various localities and economic sectors to de¬velop hi-tech parks. SGTW

231208-As much as 70% of the 197 IPs in Viet Nam do not have waste treatment systems, according to the Ministry of Natural Resources and Environment. The ministry has found 750 incidents of environmental violations and imposed fines of more than VND130 billion (US$7.65 million) over last 3 years. Among the violations discovered are the buying and selling of hazardous medical waste and illegal trade in wild animals. VNN

261208-Foreign owned enterprises em¬ploy 75% of more than 50,000 work¬ers who have got jobs in Dong Nai Province this year according to the provincial labor, war invalids and social affairs department. The province plans to generate 50,000 new jobs next year. SGT

030109-At the end of 2007 Long An province zoned 13,900 ha of land for 62 IPs and clusters, a land area even higher than the total amount used for simi¬lar purposes in HCMC & Dong Nai Province. Of Long An Province's 16 IPs only Duc Hoa IP No. 1 has a 100% occupancy rate and 3 other industrial parks less than 66% as of June. Of 25 projects expected for the IPs in 2008 some 9 had not even reg¬istered by the end of November. The province has zoned 6,985 ha of land for indus¬trial clusters, but construc¬tion has been carried out on only 607 ha or 8.7% and only 240 ha has been rented. Most Long An Province's industrial parks and clusters are located in Thu Thua, Can Duoc, Duc Hoa, Ben Luc, Can Giuoc and Tan Tru districts. For the first 9 months of the year, the province lured 50 FDI projects with total registered capital of $421 million. It is currently targeting an annual $500 million in FDI registered capital. VNN

070109-My Phuoc 3 industrial park has attracted over 370 projects with to¬tal capital of US$1.8 billion, creating jobs for more than 34,000 workers. SGT

120109-A recent sur¬vey conducted by HCMC's Department of Science and Technology has revealed only 1% of the industrial and processing zones' in the city meet official technology standards. The research was carried out in 429 busi¬nesses across 11 zones in the city. The survey found 3 firms had "modern" technology. 4% had "ok" technology, 8% ranked "average / fair," 36% were "average," while the remaining 51% were considered "weak". The survey was based on 4 categories: machines and facilities; IT; human re¬sources and management. Some 6% of staff covered in the survey had a university degree or higher qualification. About 30% of the businesses wanted to raise the standard of their employees' qualifications. Low-quality staff, rather than low-tech machinery or facilities, was one of the main barriers keeping firms from using high technology. "In some cases, a business has high-tech machinery, but no one is qualified to manage that machinery. For example, most busi-nesses in Tan Thuan process¬ing zones are foreign-invested, but 61% were classed in the `weak' category for high ¬technology." Another issue highlighted by the survey was environmental pollution. Some 25% of businesses involved in the research used production pro¬cesses which harmed the envi-ronment, including many who do not treat their waste water. VNN

120109-Efforts to call foreign investors into HCMC's industrial parks and export processing zones in 2008 did not pay off well due to the lack of available land for rent and the insufficient infrastruc-ture, according to Hepza. In a review of the investment and environment protection situation of the city's IPs and EPZs in 2008, Hepza said facilities in IPs and EPZs, including power and water supply, and communication infrastructure did not meet the requirements of many foreign investors. Another factor discouraging for¬eign investors was that construction costs and rent for factories were higher than in neighboring prov¬inces. In 2008, Hepza received many foreign investors from around the world who came to feel out the in¬vestment environment at the city's IPs and EPZs and many from the US, Australia, Germany and Japan needed to rent tens of hectares of land to execute projects for the pro¬duction of contact-lenses, medical devices, photocopy machines, air¬plane components, industrial glass and construction materials. But the lack of land has prevented more tenants from coming in as 96% of the land in IPs and EPZs has been rented by owners of 1,140 projects with investment capital totaling US$4.3 billion including 460 foreign¬ invested projects. The authority sets a target of US$680 million of fresh invest¬ment to pour into the IPs and EPZs this year including the increased investment capital of the operational projects. In 2008, the city's IPs and EPZs attracted US$681 million of new registered investment capital for 57 foreign and domestic projects including the added capital of the operational ones. The new invest¬ment capital was said to be 27% more than in 2007. Tan Phu Trung Industrial Park in Cu Chi District is still constructing its waste water facility and 40 other enterprises are still discharging untreated wastewater into rivers, not to mention that most of the industrial smoke from the IPs and EPZs is still untreated. HCMC has 12 IPs & 3 EPZs employing 244,000 workers with 70% of them from other provinces. To increase the number of IPs in the city the PM recently signed a document extending the city's IP development plan with 1,740 extra hectares added and 7 new IPs developed around the city between now and 2020. SGT

140109-The Ministry of Science and Technology says only 6 out of 14 IPs in HCM City have waste treatment facilities. The other IPs are only starting to study building such facilities. The ministry's inspection teams found that 80% of polluting factories in Ha N¢i and HCM City IPs were run by private domestic companies, 11% by foreign invested companies and 9% by State-owned businesses. VNN

140109-Hanoi set a 2009 target to attract 35 new foreign-invested projects to its IZs with a total registered capital of US$150 million, and to approve additional investment of another $150 million, and for a year-on-year increase of 15-20% in revenue in the city's IZs and an export value of $1.85 billion. In 2008, Ha Noi's IZs attracted 22 foreign-invested projects valued at $75 million. Investors were mainly from Japan, Taiwan, mainland China and South Korea. The zones have also drawn additional investment capital of above $249 million through existing projects. In 2008 total capital invested in the city's zones rose 6%. The expanded Ha N6i is now home to 12 IZs, covering a total area of 2,500ha, of which Thang Long, N6i Bai and Sai Dong B have full occupancy. VNN

160109-The Nhon Trach residential and commercial complex covering 5,930he includes Nhon Trach 1, 2, 3 & 4 IPs that include industry, power plants, equipment manufac¬ture, foodstuff production and phar¬maceutical plants. As of April last year, industrial parks had attracted 297 investment projects with a total investment capital of US$5.58 billion. Some 175 projects are now operating, providing 40,000 jobs. VNN

200109-Industrial Growth in 2008 : -
Overall 14.6%
State sector 4%
Non state sector 18.8%
Foreign investment sector 18.6%

310109-Binh Duong posted a GDP growth rate of 14.8% and attracted more than US$2 billion in foreign investment capital in 2008, despite the global financial crisis. VNN

120209-Since 96% of land in HCMC IPs & EPZ’s has been rented out by 1,140 projects with an investment capital of USD$4.3 billion – including 460 foreign invested projects – there is a lack of land but HEPZA has set a target of attracting of USD$680 million in fresh investment in 2009, including increased investment capital at operational projects. SGTW

200209-HCMC has been approved by the PM to have 7 new IPs covering 1,800 hectares by 2015 and oriented to 2020, bringing the total number of IPs in the city to 22 by 2020. SGT

050309-Nearly 30,000 workers at industrial parks and export process¬ing zones in HCMC will become jobless this year as enterprises speed tip massive layoffs to cope with fall¬ing orders induced by the global economic downturn, said an official of the city's IPs and EPZs Authority, or Hepza. Currently, there are 950 operational companies including 450 foreign-owned ones at 3 EPZs & 12 IPs employing some 260,000 workers. Some 30 companies at the IPs and EPZs had closed down or been operating perfunctorily, laying off over 10,000 workers in the year to date. "Due to the slowdown, we will likely see more and more factories close down in the coming time, and it is expected that some 10% of workers at the IPs and EPZs will be jobless this year." Many of the companies had seen orders reduced by some 50%, especially in such industries as garment and electronic equip¬ment. Linh Trung and Tan Thuan EPZ have the most number of unemployed workers. SGT

090309-The director of the HCMC Department of Science & Technology said, "Over 50% of the companies oper¬ating in the city's IPs & EPZs are using backward production technologies." Technologies are backwards despite most tenants in such zones are foreign invested ones. This is because au¬thorities in the past were more inter¬ested in attracting investment with¬out paying due concern to technolo¬gies, said the director of the HCMC Investment and Trade Promotion Center. Outdated production technolo¬gies have resulted in increased pol¬lution that harms the health and live¬lihood of many people living nearby. SGT

090409-Vietnam has 219 industrial parks nationwide, in which 118 parks are operational. Till the end of 2008, the industrial parks lured 3,564 investment projects with the total investment capital of about $42.6 billion, creating one million jobs for Vietnamese workers. Good infrastructure systems and incentive policies within industrial parks make them become attractive places for investment in Vietnam. Last year, about $12.79 billion in for¬eign direct investment were reg¬istered in industrial parks. VIR

280309-Some 219 IPs and EPZs, and 3 economic zones had been established in 54 cities and prov-inces nationwide by the end of last year. The IPs and EPZs had attract¬ed over 3,500 foreign direct in¬vestment projects worth US$42.6 billion plus another 3,500 local investment (FDI) projects worth US$14.8 billion equivalent. Mean¬while, economic zones had also attracted US$20 billion worth of FDI. Last year, enterprises in these concentrated production zones obtained total revenue of US$28.9 billion, increasing 29% against the previous year, while their ex¬port earnings also soared 34% to US$14.5 billion, accounting for a quarter of the national figure. To date, Vietnam has licensed over 10,000 FDI projects worth over USS150 billion, of which over US$52 billion has been disbursed. SGTW

150409-Binh Duong : With last year's per capita GDP of US$1,377 and the an¬nual average income of $1,400 it has 27 operational in¬dustrial parks covering more than 9,000ha of land. The province has so far attracted 1,842 projects worth $11.4 billion from 40 countries and territories. Last year alone, a further 125 projects landed in the prov¬ince, capitalised at $2.3 bil¬lion. Taiwan is the province' s biggest investor with 699 projects worth $4.25 billion followed by South Korea, Japan, Malaysia and Singapore. Singaporean in¬vestors had implemented 98 projects at total investment capital of $883 million, The VSIP 1 has thus far lured 241 investors and the VSIP 2 some 134 investors. both employing 68,000 workers. VNN

150309-Binh Duong Province near HCM City will set up 11 new IPs in the coming years, taking the total number of its IPs to 39 in 2020. The IPs will cover more than 19,800ha. VNN

260309-Tan Thuan Industrial Development Co has finished the 6 story Long Thoi worker dormitory project worth $942k with 50 rooms ie $18.8k each, accommodating 650 workers ie $1,450 each, in Nha Be District's Hiep Phuoc Industrial Park. SGT

220409-HEPZA said two-thirds of the projects invested in the HCMC's IPs and EPZs last year were mostly in software de¬sign, import and export ser¬vices, precision engineering and mould production. The city's IPs and EPZs last year attracted 21 foreign direct investment projects and 55 domestic investment projects, with total regis¬tered capital of US$481 mil¬lion, according to HEPZA. Tuan said the city last year also refused to grant invest¬ment licenses for 11 projects in labour-intensive sectors like leather tanning, textile and dyeing. They said many of these were polluting the environment. The city wants to lure more companies in mechan¬ics, electronics, software, chemicals, and trade and ser-vices. Last year, 10 IPs and EPZs built on consolidated waste¬water treatment systems and the remaining 5 IPs and EPZs are in the middle of doing so. The city has inspected Le Minh Xuan IP, which has been selected to be the model for high-tech IP parks. The IP's polluted environ¬ment has been improved and a wastewater treatment sys¬tem built. Twenty three enterprises at Le Minh Xuan IP have also increased their invest¬ment capital to expand their operations, and 10 enter¬prises are now working in 'other fields. Seven compa¬nies have planned to move out of the city. A survey of 429 enter¬prises at 11 IPs and EPZs conducted in March by HEPZA and the city's De¬partment of Science and Technology showed that more than half of the enter¬prises had outdated technol¬ogy. VNN

240409-HCMC’s IPs and EPZs are home to some 1,150 effective projects with a total registered capital of USD$4.4bn, including 463 foreign invested projects with total capital of some USD$2.6bn. SGT

040509-The property market in Binh Duong's IPs like My Phuoc IP No 1, No 2 and No 3 is bustling now because land prices have hit the "bottom." Land prices in My Phuoc IP No 3 have dropped from VND2.7 million / $151/sqm in early 2008 to VND1.2 million / $67/sqm now, making it very attractive to both those who need accommodation and investors aiming to make a profit. VNN

200509-Only 1/5th of the country's 230 IPs & EPZs have consolidated wastewater-treatment fa-cilities which treat a mere 30% of the total effluents. The untreated wastewa¬ter released by the zones is 1m cu.m / day accounting for over a 1/3rd of the country's total wastewater. Industrial wastes at IPs and EPZs will reach 4.9m tonnes a year by 2010, mostly in Ha Noi, Da Nang, and HCM City. Toxic waste, which ac¬counts for 25% of total waste, is mostly dis¬charged by light and chemi¬cal industries. It is not treated properly since most zones have no facilities for collecting and treating it. Most of the solid waste is incinerated or sent to gar¬bage dumps. Toxic substances re¬leased in the air at IPs and EPZs, such as sulphur diox¬ide, carbon monoxide, and nitrogen dioxide also ex¬ceed permitted levels by 2-6 times. The MPI said the na¬tional zoning plan envis¬aged setting up 91 new IPs with a total area of 20,800ha by 2015 and expanding 22 existing IPs by 3,500ha. SGT

010609-In Long An Province 12 industrial clus¬ters using over 3,220ha of land do not find a place in the land use plans. The province has allo¬cated 13,865ha of land for in¬vestors to develop 16 IPs and 46 industrial clusters, but only a few IPs, covering a to¬tal of 607.6ha, have been set up, that too with low occu¬pancy rates. The rest of the land re¬mains unused even as local residents lack lands for agri¬culture. VNN

050609-According to a Dong Nai report, which will be soon submitted to the government, the province's 29 IP net¬work, which cover 9,076 hectares, will see another 5 IPs added by 2020. From now to 2015, the An Phuoc, Amata, Xuan Loc, Tan Phu and Long Duc parks will be expanded and the Long Thanh Urban High-tech Park, Phuoc Binh; Cam My, Gia Kiem and Suoi Tre parks will be built. The industrial parks are expect¬ed to lure $3.5-4 billion of invest¬ment between 2007-2010 and $9¬15 billion between 2010-2020. Dong Nai's IPs have attracted 1,070 projects including 807 foreign direct invest¬ment projects worth $11.8 billion from 32 nations and territories and 271 locally invested projects worth VND22.643 trillion ($1.28 billion). VIR

270709-The rentals of land in IPs must be adjusted lo attract more investors, infrastructure development compa¬nies told a meeting yester¬day. Rental prices in IPs in Dong Nai and Binh Duong provinces as well as HCM City have in¬creased by 30-50% compared to previous years. The Government's De¬cree 142, enacted in 2006, called for land rentals to be adjusted every 5 years based on the market price. From 1995-2005 the Government issued many preferential policies, including land rental and cor¬porate income tax exemp¬tions. However, under the Ministry of Finance's Circu¬lar 130 that came into effect in January 2009 such policies were discontinued, causing difficulty for IPs to attract investors during the economic downturn. Developers have suggested that the Gov¬ernment continue preferen¬tial policies to IPs that had received investment licences before January 2009. VNN

140809-The 13 EZs have a total of 250 domes¬tic and foreign investment projects, with combined capital of US$27bn. Of the total number of projects, 60 were foreign ¬invested, with registered capital of $19bn. VNN

170909-Over 1/3rd of the IPs in HCMC have yet toregister inves¬tors or projects. The establishment of 30 IPs to relocate polluting firms in the city has yet to be executed properly. SGT

250909-It makes little sense to use the importance of industrialization as a pre¬text for legally contentious, economically inefficient and potentially disastrous deci¬sions. The problem is common. When a local authority devel¬ops a socio-economic zoning plan or wants to establish an industrial park, it often justifies them with phrases such as "focusing on and boosting [economic activi¬ties] in line with industrial¬ization and modernization to create a break through" and "carrying out industrial-ization and modernization." These expressions provide the foundation on which IPs, industrial complexes and their variations sprout up. As of late September 2008, there had been 194 IPs in 56 localities, covering nearly 46,600ha and some 650 industrial complexes with a combined area of over 30,000ha. In other words, virtually every locality wants to become industrialized. Industrialization is not the same as purchasing machinery, setting up indus¬trial parks or taking back land for industrial develop¬ment. Industrial parks are not a prerequisite for indus¬trialization, which is a from an economic perspective, an or¬ganizational process which depends on knowledge input to add value to products. For instance, a Vietnamese textile company turns out products in response to foreign orders at 20 cents a piece while, in fact, these items can be sold overseas for US$10 each. The stag-gering price disparity arises because foreign enterprises have successfully applied knowledge in design, pro¬cessing, distribution, trans¬port and marketing to make the products more valu¬able. Another case relates to Vietnamese coffee, which brings farmers 40-50 cents per pound. However, inter¬national coffee prices may be as high as US$10-15 per pound because foreign traders have adopted principles of industrial organization. An example is Lam Dong Province, which has immense potential to devel¬op tourism and the cultiva¬tion of tea, coffee and veg¬etables, yet a report from the Lam Dong Industry and Trade Department shows that it is speeding up the establishment of 10 IPs and complexes, cov¬ering over 1,645ha. Bao Loc Town alone has 3 IPs and complexes and 2 of them are only 1.5km apart with neither operat¬ing at full capacity. Why not give priority to agricultural development to help farmers sell coffee at prices above 40-¬50 cents per pound? Perhaps tourism and service develop¬ment is preferable to indus¬trial parks, which may breed enormous waste. SGTW

021009-MPI said that in the 1st Half of 2009 due to food security concerns, ef¬forts to prevent the establishment of IPs on productive farmland, and the adverse impacts of the global downturn, the devel¬opment of IPs was severely hampered. Although 12 IPs are expected to commence operations this year only 5 new IPs have actually sprung up so far covering 1,170ha. This number was less than 1/3rd of that in 2008. Only 46% of the land in IPs na¬tionwide has been rented. Apart from the global down¬turn, policy changes, especially the removal of CIT in¬centives, starting from early 2009 in line with the amended Corpo¬rate Income Tax Law, also eroded Vietnam's competitive edge, which paled in comparison with that of neighboring countries such as Thailand and China. Before 2009, new projects in Vietnam's IPs en¬joyed a 25% reduction in CIT in the first 3-4 years of operations and a 50% reduc¬tion for the subsequent 9 years. Without these incentives IPs are finding it hard to attract FDI. Infrastructure developers also said that the Government should carefully consider the implemen¬tation of Decision 43/2009 on providing subsidies of VND60bn / $3.37m or more for IP development in lo¬calities with poor socio-economic conditions. The subsidy may en¬gender waste because whether an IP thrives also hinges on supporting infrastructure such as roads, which are vital to the transport of goods. Instead the Government should help competitive, capable IPs improve effi¬ciency. SGTW

071009-According to Hepza 80 enterprises around HCMC’s IP have yet to build facili¬ties to treat industrial smoke. "Many of the enterprises discharging harmful industrial smoke are operating at the IPs of Le Minh Xuan, Tan Phu Trung and Hiep Phuoc," the head of Hepza's Office of Environment Protection said. SGT

071009-HCMC has a total of 13 IPs and EPZs with 985 operational enterprises with combined investment capital of some US$3.4bn and a work force of some 247,460 people. According to the Foreign Investment Agency of the Min¬istry of Planning and Investment, HCMC attracted 267 FDI projects during the first 9 months of 2009 with total registered capital of US$1.14bn. SGT

081009-Vietnam is aiming to synchronise the development of its seaports and support¬ing infrastructure around the nation in order to meet fore¬cast demand of 480-590m tonnes of cargo per year by 2015 and 820-1,080m tonnes of cargo per year by 2020. VIR

111109-Leading container port op¬erator Saigon Newport Company (SNP), owner of Tan Cang-Cat Lai Terminal in HCMC's District 2 had a market share of 66% in HCMC and 42% nationwide in 2008, which was up to 82% and 50% in 2009. SGT

231109-MPI statistics show that by the end of June 2009 Vietnam had 230 IPs & EPZs with 144 operating and 86 still under construction. By June they accommo¬dated 3,363 foreign invested projects worth $36.76 billion in registered funds and 3,416 domestically invested projects worth $13 billion in registered funds. The FIA admitted that the global crisis had severely affected investment inflows in the country's industrial parks, with the reported fund declining 30-40%. VIR

171009-HCMC industrial parks (IPs) and export processing zones (EPZs) have suffered a sharp slide in domes¬tic and foreign investment. In the first 8 months this year fresh foreign investment approvals amounted to some US$70.1m - a decline of 51.8%, while domestic investment reached some US$84.8m – a drop of 78.45%. HCMC has 13 IPs & EPZs which are home to 985 operational enterpris¬es with combined investment capital of some US$3.4bn and a work force of some 247,460 people. SGTW

091209-About 70% of IPs in the southern region have hot yet built solid waste and waste¬water treatment systems, according to a report of the Environmental Police Department. Even worse, many firms that have set up such systems have secretly discharged waste via underground pipelines. SGT

101209-According to the MPI there are 228 IPs with 83 under construction across Vietnam. The country's south east¬ern region has accommodated the most parks, accounting for 37% of all IPs and 48% of land used for IP development. Dong Nai province has the most number of parks with 28 fol-lowed by Binh Duong province and HCMC with 27 and 16 respectively. VIR

151209-Binh Duong IP management said this year there has been a 50% drop in invest¬ment in the southern province's 28 IPs to US$500m. The HCMC DPI reported a similar situation in the city based IPs &EPZs which attracted a mere $16.9m. Tay Bac IP in the suburban district of Cu Chi has received no investment. In Dong Nai Province, whose IPs are normally popular investment destinations, the 2nd Phase of the Nhon Trach 3 IP, which is under construc¬tion, has failed to attract any tenants this year. SGT

271209-In Binh Phuoc Province Izs have been able to lease out or sell the right to use just 10% of their lands to investors, well below the rate of 60% in Dong Nai and 90% in HCM City. VNN

040110-Saigon Port Co last year cleared 14 million tons of goods, up 7% year-on-year, and achieved turnover of more than VND1tr / $54m. The total throughput at all ports in HCMC is expected to hit 100 million tons in 2010. SGT

050110-Binh Duong has attracted 99 new foreign ¬invested projects worth $2.5 billion while al¬lowing 125 existing projects to increase capi¬tals by $446 million last year. Among the most significant projects included a $1.7 billion housing project, making up 84 per cent of the total FDI registered in the province; a tooth¬brush manufacturing plant worth $40 million and a $14 million logistic centre. Meanwhile, Ba Ria-Vung Tau Province, which led the nation's cities and provinces in attracting the most FDI nation-wide in 2009 expected to absorb above $1.97 billion from 20 new foreign-invested projects this year. The province had closed a successful year of FDI attraction in 2009 with 26 newly-li¬censed and 12 capital-added projects worth a totalling of $6.8 billion. Not to lag behind, Dong Nai Province has set a target of drawing $1.5 billion in FDI this year. VNN

110110-Hepza, which oversees 12 EPZ & IPs said 2009 showed deep contractions and total export revenue fell by 13% yoy to US$2.7 billion. In 2008, the figure amounted to US$3.1 billion. Over the past 15 years, Hepza has witnessed double-digit or triple-digit growth in export revenue, except last year and 2001. Hepza attracted almost US$350 million, or a sharp fall of 49% in comparison with 2008, of which foreign direct investment totaled US$120.25 million including US$26.3 million for 14 fresh projects. Meanwhile, local enterprises pledged US$165.3 million of invested capital in 40 new projects, plus US$61.6 million injected into 24 other operational projects. In 2010 Hepza hopes to achieve targets equal to that of 2008 including US$680 million of investment capital and US$3.1 billion of export turnover. SGT

250110-To date Dong Nai has 27 IPs with a combined area of 8,216ha. Another 18 are planned on a total of 7,826ha. In 2007 and 2008, Doing Nai attracted from both domestic and foreign investors total registered investment capital of US$3.5bn in real estate projects, with foreign sources representing 64%. VNN

260110-In 2009 Hanoi IP Management Board li¬censed and approved capi¬tal adjustments for 16 locally invested projects and 27 foreign invested projects with a total registered capi¬tal of nearly $132 million. Ha Noi's IZs have so far attracted 508 investments, of which 240 are foreign, with a total value of nearly $4.2 billion. VNN

100110-In line with current zoning plans 91 new IPs covering 20,839he will spring up and 22 IPs will be expanded to reach 24,382he. Vitnam has 219 IPs with a combined area of 51,472he. Only 46% of the toal area has been ulitised. The other 44,300he is still awaiting investors. SGTW

1001109-According to reports dated October 2009 the Mekong Delta has 116 IPs which cover 12,769he but only 46% has been filled with projects leaving nearly 7,000he of idle land that is not used to grow paddy or develop aquaculture, fertile as it is. In 2008 48 projects aimed at developing infrastructure for the parks. Upto 40 new IPs were set up with a total area of 15,675 he – up 73% on 2007. At the same time 8 existing IPs registered for expansion with an additional 2,810he – uo 41% from 2007.

050210- HEPZA said total export revenue from enterprises inside these zones in 2009 fell by 13% year-on-year to US$2.7 billion, the deepest cut in its 15-year history. The EPZs and IPs attracted almost US$350 million, or a sharp fall of 49% in comparison with 2008. For¬eign direct investment accounted for US$120.25 million, including US$26.3 million for 14 fresh projects. Meanwhile, local enterprises pledged US$165.3 mil¬lion of invested capital in 40 new proj¬ects, plus US$61.6 million injected into 24 other operational projects.This year Hepza hopes to achieve US$680 million of investment capital and US$3.1 billion of export turnover. SGTW

020310-The total number of operational investment projects at Ba Ria - Vung Tau IPs in the province as of the end of February was 129 worth just over US$13 billion. However, since the beginning of 2009, only 12 projects have registered into the IPs, 3 fewer than expected. According to BIZA's statistics, among the 14 IPs 7 have leas¬ing rates of under 50%, of which only the 160.87 hectare Long Xuyen Industrial Park is full while the 993.81 hectare Phu My III and the 496.22 hectare Dat Do I are null. The average leasing rate at IPs reaches 36.17%. The province has 13 operational IPs covering 8,396 hectares. The 14th, Long Huong In¬dustrial Park covering 400 hectares, is under construction. SGT

120310-The starting salary for workers, says Hepza, is between VND1.28-1.45m / $67-76 only a month. For workers with seniority of several years, the monthly pay remains modest, at some VND1.4-2.5m / $73-131. The Philippines and Laos have the wage level some 20% higher than in Vietnam. Highlighting the unequal labor allocation in the country, unveiling that enterprises in the southern focal economic zone make up 37% of the total number of enterprises but they are using 40.5% of labor. In the Mekong Delta, the number of enterprises accounts for 11.7% ofthe total, but they are using a mere 6.7% ofthe laborforce, although the work force there accounts for 21.5%. Such a situation results in migration. In many provinces, policymak¬ers ignore or fail to anticipate labor demands, allowing industrial parks to spring up without adequate labor preparations. That is not to mention policies of discrimination against migrant workers by setting up barriers relating to residential registration or recruitment. There is a reversal in the migration process, when workers originating from the countryside are returning to their hometowns in rural areas where factories have been being erected recently. Many workers from rural areas see jobs in the city as tempo¬rary, and fret about an uncertain future there, so comes the exodus. Labor movements are occurring according to economic rules, and workers are flocking into those places where they are treated better, so it is time for enterprises to look back at themselves, said the chair of the labor federation of Binh Duong Province. Furthermore, there must be long-term plans for socio-¬economic development including labor allocation so that labor shortage as the acute issue now will not become a chronic problem. SGT

270310-Viet Nam has 228 IPs cov¬ering more than 58,000ha with 145 already in operation with an average occupancy rate of 64%. VNN

120410-The country has 918 IPs covering 41,000ha. These have cost VND44.4tr / $2.3bn in infrastructure development, attracted invest¬ments worth VND554tr / $29bn and created 477,000 jobs. In the eastern part of the Southern region 24% of 7,300ha of industrial land has been used, while in the western part 17% of 13,000ha has been utilised. VNN

120410-There are 228 IPs in 56 provinces and another 91 are expected to be built by 2015 while 22 existing ones will be expanded. VNN

190410-HCMC has 14 IPs that are not managed by any agency, with 12 of them not even having waste treatment facilities. They are Hiep Binh Phuo (in Thu Duc District), Hiep Thanh and Tan Thoi Nhat (District 12), Phu My (District 7), Binh Dang (District 6), Tan Quy A, Tan Quy B, Bau Tran, and Pham Van Cu (Cu Chi District), Eastern Highway (Binh Tan), Tan Hiep B (H6c Mon District), Long Thoi (Nha-Be District), Tan Tuc and Tran Dai NghTa (Binh Chanh District). Tenants in Hiep Thanh IP say in 2004 the city authorities appointed the District 12 Urban Service and Development Co to manage it but the company pulled out in 2007. Also in 2004, the city authorities chose Cu Chi District's Pham Van Cai Commune to relocate breeding farms and animal feed processing factories from inner districts. But the IP remains rudderless and no infrastructure or waste treatment facilities have been built here. VNN

080510-Vietnam now has 228 IPs covering some 58,400 hectares and 14 EPZs across nearly 630,000 hetares. SGT

080510-The country has approximately 230 IPs that cover more than 58,000 hectares. Cur¬rently, 145 IPs are operational. The average occupancy rate of these op¬erational IPs is 64%. Dong Nai Prov-ince has the largest number of IPs with 28 followed by Binh Dddng that has 27 and HCM City that has 16. Viet Nam's IPs have attracted 3,450 for¬eign direct investment projects worth US$38.5 billion. The IPs provide jobs to more than 1 mil¬lion people and make up approximately 20% of the country's total annual export turnover. An additional 91 IPs will be developed by 2015 on 21,000ha. SGT

140510-The nation now had ap¬proximately 1,870 small in¬dustrial zones of less than 50ha, but with an overall combined area of 76,520ha, according to the ministry. The Government al¬ready offered incentives to lure investors into these zones, but infrastructure construction remained slow and only about 26% of the total area of each park was occupied. VNN

040510-The lack of appropriate policies and mechanisms for developing industrial clusters has caused many difficulties for potential investors, according to the Ministry of Industry and Trade. Currently, Vietnam has 920 operating indus¬trial clusters covering a total of 40,560 hectares. However, the ministry said enterprises had only registered to build factories on 7,510 hectares - just 27% of the total available land area. SGT

160510-The De¬partment for Economic Zones Man¬agement said the country now had 228 IPs covering a combined area of 58,434ha in 56 provinces and cit¬ies. Most of them are located in southeast region and Mekong and Red River deltas. Of these, 145 IPs have already been put into operation with about 64% of the targeted land oc¬cupied, while 83 others are under construction. Binh Duong, Dong Nai and HCM City are the localities that have the most IPs at present with 28, 27 and 16, respectively. In addition, Viet Nam also has 14 economic zones with a total area of nearly 630,000ha. Over the last years, the IPs have played an important role in devel¬oping the economy, contributing 20% of the country's exports and employing more than 1 million people. According to the Government's planning, by 2015, the total land area occupied by the IPs will be between 60,000 and 80,000ha, and the figure would be raised to 120,000ha in 2020. About new 90 new IPs are planned to be built from now to 2015. VNN

200510-According to the MPI as of end 2009 Vietnam had some 250 registered IPs with a total land area of some 62,300he. SGT

020610-The Environmert and Natural Resources' General Depart¬ment on the Environment said in a report funded by the Danish Inter¬national Development Agency, "As many as 70% out of 1m cu,m of wastewater from IZ's has been discharged directly into nearby rivers and 57% of IZ's haven't been equipped with consoli¬dated vyrastewater treatment systems. The amount of solid waste produced is on an upward trend while the collection and processing of solid waste in IZ's ap¬pears to have many short¬comings." VNN

140710-Around 80% of IPs in Vietnam have been found to infringe environmental protection regulations. SGT

140710-At the moment, 13 IPs & EPZs around HCMC have attracted nearly 1,200 projects with total registered capital of US$4.9 billion. These include 710 domestic projects with registered capital of US$2.1 billion. SGT

210710-IPs & EPZs in HCMC attracted US$319.55m in investment capital in the first 6 months of this year, increasing by 176% against 2009. Foreign investment accounted for $99.11m of this amount. Enterprises in the city's IPs and EPZs reported export revenues of $1.6 billion in the first 6 months of this year for a year-on-year increase of 34%. VNN

300710- From now until 2015 HCMC EPZs & IPs target investment capital of US$2bn, with half from domestic investment providing 50,000 new jobs. A total investment capital of more than $2.1 billion was poured into the zones over the last 5 years, with an average annual growth rate of 6%. Of that figure, foreign investment reached $875 million and the remaining was from domestic investment. More than 252,000 workers were employed to work in them over the last 5 years. VNN

Total Area 12,995 sqm
Factory Area 6,500 sqm
Rent - USD$ 14,000 + VAT
Sale Price - $ 2.15 / sqm
Sale Price - VND 50,000,000,000
Sale Price - $ 2,564,103
Sale Price - $ 394 / sqm
Yield 6.55%
Constr Date 2008 - 2009
Di An, Binh Duong nr VSIP
Now for garments processing
Mr Kim 0948 889 576 VIR 081110

161110-According to HCMC Export Pro¬cessing and Industrial Zones Author¬ity (Hepza), the export processing and industrial parks had some 1,190 operational projects employing 255,000 workers, 70% of them from other provinces. SGT

221110-Hanoi IPs account for 10% of the total turnover of IPs nation-wide & 8 out of 19 are fully occupied. SGT

111210-Since the Tan Thuan Export ¬Processing Zone first began oper¬ating in 1993, as many as 253 IPs have been opened, including ex¬port-processing zones and eco¬nomic zones. The IPs are home of 3,840 for¬eign-invested projects with a com¬bined capital of about US$52 bil¬lion, or 30 percent of the country's total FDI. In addition, about 4,600 domes¬tically invested projects worth more than VND305 trillion ($15.25 billion) have been established in the IPs. The IPs have generated $20 billion in industrial output value and created jobs for 1.5 million people. According to current regula¬tions, all IPs must have waste water treatment plans but only 50 per cent of them did, according to Dong. Most of the current IPs were small and scattered over large ar¬eas and not able to co ordinate their businesses. VNN

150211-As of late 2010 Ba Ria Vung Tau had attracted 282 FDI projects capitalized at over $27.5bn including 110 projects in IPs. SGT

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