Singaporean firm invests 100 million USD in Nam Dinh
Sunrise Material of Singapore signed an agreement with a Vietnamese company on August 11 to develop a polymer wrap film production project worth 100 million USD in the northern province of Nam Dinh.
Nam Dinh (VNA) – Sunrise Material of Singapore signed an agreement with aVietnamese company on August 11 to develop a polymer wrap film production projectworth 100 million USD in the northern province of Nam Dinh.
The dealwas signed with the Dai Phong infrastructure development joint stock company.
The projectwill cover 4ha at the My Thuan Industrial Park. Itsconstruction will be carried out in five years, starting in 2024. The factoryis expected to manufacture the first products after 15 months, according to an executive of SunriseMaterial.
Chairmanof the Nam Dinh People’s Committee Pham Dinh Nghi said this is a big project demonstratingthe province’s success in investment attraction, especially in high technologyand environmentally friendly sectors.
Nam Dinhpledges the best possible conditions to help the businesses address any obstaclesto the construction and operation of the project, he added.
Foundedin 2004, Sunrise Material is specialised in researching, producing, and supply hi-techpolymer wrap film, especially for food packaging. Its production is sold inover 60 countries around the world./.
The People’s Committee of Nam Dinh province and Quanta Computer Inc. of Taiwan (China) signed on April 21 an agreement to develop a large-scale computer production project at My Thuan Industrial Park in My Loc district.
The Management Board of Industrial Parks in the northern province of Nam Dinh on May 5 granted an investment licence to Quanta Computer Inc. of Taiwan (China) to produce laptops and desktops on an area of nearly 226ha in My Thuan Industrial Park, My Loc district.
The first seasonal workers from the northern province of Nam Dinh arrived at the Republic of Korea (RoK)’s Jeju island on July 13 under a cooperation agreement between the two local authorities.
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.
At the signing ceremony (Photo: VNA) 
