The central province of Nghe An aims to lure more than 100 investment projects with total registered capital of over 30 trillion VND (1.3 billion USD) in 2017 and create about 13,000 jobs.
Inside Ton Hoa Sen factory at Dong Hoi industrial park (Photo: baonghean.vn)
Nghe An (VNA) – The central province of Nghe An aims to lure more than100 investment projects with total registered capital of over 30 trillion VND (1.3billion USD) in 2017 and create about 13,000 jobs.
The local authorities have granted investment licences to 29 projects, valuedat 6.9 trillion VND (302 million USD).
The province is working to remove barriers to speed up the implementation of keyprojects like Vietnam-Singapore Industrial Park (VSIP), cement and agro-forestry-fisheryprocessing projects. It also pays heed to disseminating guidelines and policiesamong people to facilitate land clearance process.
Relevant agencies and localities are asked to set up inspection groups to superviseand speed up projects under the signed cooperation agreements.
The province will focus its resources on developing essential infrastructure atindustrial parks like Tho Loc, Dong Hoi, Hoang Mai, Nghia Dan and Song Dinh.Priority has also been given to completing infrastructure at the Thai-investedHemaraj industrial zone.
Last year, 141 projects worth 35.4 trillion VND (1.5 billion USD) landed in thelocality.
Nghe An is currently home to big projects, including Ton Hoa Sen factory atDong Hoi industrial park, Song Lam cement plant and the Republic of Korea’sHitex garment company.-VNA
Binh Duong province granted an investment license to Taiwan-based Cheng Loong Binh Duong Paper Ltd, Co. on December 4 for the construction of a 1-billion-USD paper plant.
Vietnam has seen a significantly growing inflow of investment from the US in the textile and garment sector in recent years, in anticipation of the potential from the Trans Pacific Partnership (TPP).
Over 200 enterprises from Ho Chi Minh City have poured nearly 68 trillion VND (about 3 billion USD) into 287 projects in the Central Highlands, according to the region’s Steering Committee.
As Vietnam works to improve its transport infrastructure, the country has been mulling measures to attract investors to large public-private partnership (PPP) transport infrastructure projects.
The Kolon Industries, Inc. from the Republic of Korea has selected Bau Bang Industrial Park in the southern province of Binh Duong to locate its one-billion-USD automobile tire cord and airbag factory.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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.
Inside Ton Hoa Sen factory at Dong Hoi industrial park (Photo: baonghean.vn) 
