The Korea – Vietnam Incubator Park (KVIP), which will help tap agricultural advantages and potential of the farming hub - Mekong Delta region, is set to be inaugurated in Can Tho city on November 14.
A perspective of the Korea – Vietnam Incubator Park (Photo: baodientu.chinhphu.vn)
Can Tho (VNA)𝓡 - The Korea – Vietnam Incubator Park (KVIP), which will help tap agricultural advantages and potential of the farming hub - Mekong Delta region, is set to be inaugurated in Can Tho city on November 14.
The KVIP, built at a cost of over 21 million USD, covers more than 13,000 square metres in the Tra Noc II Industrial Park in Phuoc Thoi ward of Can Tho’s O Mon district.
It is able to accommodate 40 foreign and domestic businesses specialising in agriculture, aquaculture, processing and related manufacturing engineering, Director of the Can Tho Department of Industry and Trade Nguyen Minh Toai said on November 12.
In particular, it will help small- and medium-sized enterprises research, develop and renovate technologies and train personnel.
Firms at the KVIP will benefit from a number of favourable policies pertaining to product and technology development, the official said, adding that more land and tax-related incentives will be provided if they continue running after their three-year stay.
Toai noted two Vietnamese businesses and another from the Republic of Korea have completed procedures for operating in the incubator park.-VNA
The Korea-Vietnam incubator park ( KVIP) project, which aims to help modernise food processing and agricultural mechanics in the Mekong Delta region, is keeping to schedule and will officially run in Can Tho city in early June, 2015, according to local officials.
The twelve-member council of the Korea-Vietnam Incubator Park (KVIP), made its official debut on September 23 in the southern city of Can Tho to prepare for the park’s official operations in June 2015.
The Republic of Korea (RoK) wishes to cooperate with Can Tho city in infrastructure development and science technology application into high-tech industry, said Kim Kyong Soo, Vice Chairman of the Korea Display Industry Association.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
A perspective of the Korea – Vietnam Incubator Park (Photo: baodientu.chinhphu.vn)
