Until 2030, Hanoi looks to have 159 industrial clusters covering a total area of 3,204 ha, expand five clusters established between 2017 and 2020 with a total area of about 45 ha, and build 21 new ones covering about 536 ha.
Closely following the directions of the Government and the Prime Minister, the Ministry of Natural Resources and Environment (MoNRE) addressed policy bottlenecks to ensure the effective and sustainable management, exploitation, and use of natural resources.
The central province of Binh Dinh wants to attract 45 investment projects into its industrial zones (IZs) this year, Chairman of the provincial People's Committee Pham Anh Tuan said.
For 2030, Hanoi looks to have 159 industrial clusters covering a total area of 3,204ha, expand five clusters established between 2017 and 2020 with a total area of about 45ha, and build 21 new ones covering about 536ha.
Saigon Telecom Technology Joint Stock Company (SAIGONTEL) on November 2 began construction of three industrial clusters in the northern province of Thai Nguyen.
The People’s Council of the northern province of Bac Giang has asked the provincial People’s Committee to study and build a set of criteria to select investment projects, based on the outcomes of the council’s inspection of law enforcement in attracting investment into local industrial parks (IPs) and industrial clusters during 2018-2022.
Industry cluster models promote geographical concentration, but businesses in Vietnam still lack economic links and value chain production networks to take business to the next level.
After social distancing orders were eased in many provinces and cities, businesses have been working to resume operations, ensure orders are fulfilled and production chains restored.
The southern province of Long An is set to get four industrial clusters this year, Vinh Khang, Tan My, Tu Phuong and Hiep Hoa, according to the provincial Department of Industry and Trade.
Binh Duong province is pushing ahead with the development of supporting industries to increase the use of local content in manufacturing to reduce costs.
The south-central province of Binh Thuan has strived to improve its infrastructure and offers numerous incentives to investors, said Chairman of the provincial People’s Committee Nguyen Ngoc Hai.
A favourable geographic location, abundant resources and a dynamic and investor-friendly administration make Vinh Long province an optimal destination for foreign direct investment (FDI).
Vietnam needs to develop domestic support industries and industrial clusters to create collaborate opportunities among domestic and foreign businesses, allowing easier experience and technologies exchanges, according to a report.
Hanoi will focus on developing industrial clusters as a measure to stimulate industrial production, as most local industrial parks have been filled, resulting in a growth slowdown in the industrial sector.
The rate of land rental in the industrial parks (IPs) and industrial clusters in the southern province of Binh Duong has reached 80.8 percent and 70.6 percent, respectively.
Many localities have reported difficulties in implementing the Government’s Decree 68/2017/ND-CP on the management and development of industrial clusters, said Ngo Quang Trung, head of the Ministry of Industry and Trade’s Department of Local Industry and Trade.