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The central province of Quang Tri – home to one of the bloodiest battlefields during the American War – is now renowned as one of the country’s top investment locations.
Domestic Rang Dong Group is to construct Phan Thiet Airport under the build, operate, and transfer model in the central province of Binh Thuan, the first of its kind in the country’s civil aviation sector.
Foreign enterprises are ramping up their investments in Vietnam’s textile and garment sector in preparation of the potential Trans-Pacific Partnership.
The Chu Lai Open Economic Zone in the central province of Quang Nam is hoping for a virtuous cycle of investments to develop to follow the arrival of some major international investors.
Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City plans to lure in $150 million in investment capital in 2015, 40 per cent of which will come from foreign direct investment (FDI) capital.
Ho Chi Minh City’s Export Processing and Industrial Zones Management Authority (Hepza) is expected to draw in investments worth of $700 million into the local zones this year with 60 per cent arriving in the form of foreign direct investment capital.
The southern province of Binh Duong late last week signed a co-operation agreement with Eindhoven in the Netherlands, opening many opportunities for the province to welcome more investors.
The Prime Minister has approved a proposal to upgrade Vinh airport in the central province of Nghe An into an international airport by 2020, with a vision extending to 2030.
Ho Chi Minh City is spending over US$46 million on infrastructure upgrades to speed up the implementation of amultibillion-dollar project by Samsung, the city’s chairman told executives of the South Korean electronics titan on Jan 21.
Industrial land and township developer VSIP will expand the first phase of its VSIP Quang Ngai amid rising investments in the central region.
Hi-tech inward investments are expected to surge following the issuing of a new government shortlist of prioritised technologies and hi-tech products and eased criteria for enterprises to enjoy the most preferential incentives.
Authorities in the south-central province of Binh Thuan, home to the resort town of Mui Ne, hope to welcome more international investors and tourists with a new airport breaking ground in its capital city of Phan Thiet on Jan 18.
