Work begins on two construction material plants in Hue
In his speech at the groundbreaking ceremony, Chairman of the People's Committee of Hue City Nguyen Van Phuong said these two key projects are expected to drive significant progress in the city's manufacturing industry, contributing to the goal of achieving double-digit economic growth in line with the Government's target.
Delegates attend the ground-breaking ceremony of a super white flower glass factory on March 25. (Photo: VNA)
Hue (VNS/VNA) - Work commenced on two large-scale construction material plants in Hue City's Phong Dien Industrial Zone with a total investment exceeding 4.18 trillion VND (over 163 million USD) on March 25.
A quartz sand processing plant, financed by the Hue-based Creanza Advanced Materials JSC, spans over 12.7ha. The plant has a total investment exceeding 2.18 trillion VND and is designed to produce approximately 72,000 tonnes of cristobalite and 1.6 million square metres of quartz stone annually.
Scheduled to begin operations in the first quarter of 2027, the facility aims to supply the domestic market while exporting high-quality cristobalite and quartz stone to European and American markets.
Meanwhile, a super white flower glass factory, developed by the Dat Phuong Glass JSC, covers over 12ha. With a total investment of 2 trillion VND, the factory is designed to produce 400 tonnes of glass products per day, equivalent to 19.2 million square metres annually.
The project which is slated for completion in the second quarter of 2027 aims to boost production, promote technology transfer and add value to Vietnam’s rare quartz sand resources.
In his speech at the groundbreaking ceremony, Chairman of the municipal People's Committee Nguyen Van Phuong said these two key projects are expected to drive significant progress in the city's manufacturing industry, contributing to the goal of achieving double-digit economic growth in line with the Government's direction.
He urged investors to allocate maximum resources to ensure the factories are completed on schedule and meet approved quality standards.
꧅ The chairman also vowed that city leaders are committed to supporting project implementation, pledging to direct relevant departments, agencies, and local authorities to coordinate closely with investors./.
The city has set a 2025 GDP growth target of at least 10% and is prioritising investment-friendly policies, infrastructure development, and accelerated project implementation.
Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.
Nestled in a strategically significant position in the central key economic zone, Thua Thien-Hue serves as a vital gateway to the sea of the East-West Economic Corridor linking northern Thailand, southern Laos and central Vietnam. With concerted efforts to enhance its transportation infrastructure, streamline administrative procedures, and improve workforce training quality in recent years, this province is rapidly emerging as an attractive destination for both domestic and foreign investors.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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.