Industrial park china

Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focus on supporting business recovery, market expansion

Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focuses on supporting business recovery, market expansion

Hanoi (VNA) – Vinamilk said it exported ten containers of plant-based milk to China in the early days of 2021 and five more containers of condensed milk will soon depart for the world’s largest market. It is believed to be a good start for Vietnam’s largest dairy producer this year. Ten containers of high-quality plant-based milk – almond-flavoured soymilk and red bean-flavoured soymilk – have arrived in China and been available at local convenience stores while the State-owned corporation is ramping up production to deliver five containers of condensed milk before the Lunar New Year Festival. In April last year, Vinamilk dispatched to China its first shipment of Ong Tho (Longevity) Brand Sweetened Condensed Milk, which has been well-received in the neighbouring country. Last week, the Ministry of Industry and Trade announced that Truong Tho Dairy Factory, a member of Vinamilk, was granted with codes for exporting to China sterilized milk, modified … [Read more...] about Vinamilk exports plant-based and condensed milk to China

Bac Giang (VNA) – Foxconn Singapore PTE Ltd will build a 270-million USD plant to produce laptops and tablets at Quang Chau industrial park in the northern province of Bac Giang. The company was among four projects of Singaporean and Hong Kong investors with total capital of nearly 570 million USD awarded investment certificates at a ceremony on January 18. Besides Foxconn, Risesun Investment Pte.Ltd (Singapore) will pour 75 million USD in a plant to produce plastic and composite products and 6 million USD into another factory to manufacture PVC decorative films at Hoa Phu industrial park. Ja Solar Investment (Hong Kong) Limited invests 210 million USD in a photovoltaic manufacturing plant at Quang Chau industrial park.  Addressing the ceremony, Chairman of the provincial People’s Committee Le Anh Duong pledged to provide investors with the best technical infrastructure and services while facilitating administrative procedures for those landing investment in the … [Read more...] about Foxconn invests in 270-million USD laptop plant in Bac Giang

Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media