Industrial parks, economic zones attract over 100 billion USD over 30 years

Source: VNA

20:21 | 10/08/2022 Import-Export Follow english.haiquanonline.com.vn on

Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted over 100 billion USD of investment, and created jobs for more than 4 million labourers, according to the Ministry of Planning and Investment (MPI).

Industrial parks, economic zones attract over 100 billion USD over 30 years hinh anh 1

Illustrative image (Source: VNA)

Over the past 30 years, industrial parks (IP) and economic zones (EZ) across the country have attracted over 100 billion USD of investment, and created jobs for more than 4 million labourers, according to the Ministry of Planning and Investment (MPI).

The ministry is drafting a Government resolution on measures to increase IP, EZ efficiency.

It said IPs and EZs account for 50% of the country’s total export value.

However, the ministry pointed to a number of problems related to the IPs and EZs, including their unsustainable development in different aspects. Living conditions of local communities where the zones are located have not seen remarkable improvements.

In the draft resolution, the MPI suggested the building of a Law on IPs and EZs in 2022, and the issuance of a Prime Minister’s decision on the coordination mechanism among ministries, sectors and localities in managing IPs and EZs.

The draft also looked to stipulate the maximum acreage of an IP and an EZ, as well as define orientations in investment attraction to match the advantages of each region and locality, and the creation of a cooperation mechanism between the State and the private sector in developing new IPs and EZs for particular sectors and industries./.

Source: VNA

en.vietnamplus.vn

Tags:

Related News

Prioritize economic recovery in the year- end months

10:50 | 05/09/2023 Headlines

VCN - Domestic consumption, public investment and export continue to be the “three horses" driving economic growth in the last months of the year.

Vietnam’s economic growth projected to rebound from 2024

15:37 | 14/08/2023 Headlines

Vietnam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB).

Applying IT in the management of outsourcing enterprises in Bac Giang Customs

10:09 | 25/07/2023 Customs

VCN - To reduce pressure and time for cadres and civil servants upon customs analysis and classification, the leader of CBac Giang Industrial Parks Customs Branch has researched, built programs and applied IT in work performance.

Experts give recommendations to boost economic growth in new context

17:14 | 11/07/2023 Headlines

Experts gave recommendations to restore aggregate demand and promote growth in the new context at the mid-year macro-economic roundtable in Hanoi on July 11.

Latest News

Good news for Vietnam’s tra fish exports to US

14:40 | 22/09/2023 Import-Export

Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news.

Connected transportation creates motivation for economic development

10:41 | 22/09/2023 Import-Export

VCN - From the beginning of the year until now, many key transportation projects across the country have been started, constructed and put into operation, expected to create new momentum for key economic regions and driving force for economic development across the country.

Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

15:21 | 21/09/2023 Import-Export

More than 100 Vietnamese, Lao, and Cambodian experts, managers, and diplomats joined an international conference on the three countries’ trade and investment cooperation given the digital economy, which took place in Ho Chi Minh City on September 20.

Fertiliser imports reach two-year high in August

15:18 | 21/09/2023 Import-Export

Vietnam’s fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.

More News

Maintain "credibility" to stabilize agricultural product exports to the EU

10:00 | 21/09/2023 Import-Export

VCN - As one of the potential markets for Vietnamese agricultural products, the EU market share for Vietnamese agricultural products has recently developed as much as expected.

Hanoi focuses on building rice trademark

15:47 | 20/09/2023 Import-Export

Hanoi is working to cultivate high-quality rice varieties in 80% of the local rice farming area in a bid to build trademark for the product in the 2021-2025 period.

There will be a system to ensure transactions in e-commerce

09:08 | 20/09/2023 Import-Export

VCN – To support the protection of parties involved in transactions using online payment, the Center for Informatics and Digital Technology (Bureau of E-commerce and Digital Economy, Ministry of Industry and Trade) is expected to launch the system to ensure e-commercial transactions.

Slow removal of IUU "yellow card", loss of many millions of dollars

16:11 | 19/09/2023 Import-Export

VCN - It is expected that in October 2023, the European Commission (EC) Inspection Team will conduct the fourth assessment on the implementation of strong measures against illegal, unreported fishing and not according to Vietnam's (IUU) regulations. This is a golden opportunity for Vietnam to remove the "yellow card" warning for exploited seafood.

Vietnam plays important role in supply chains of major global sporting goods brands

16:09 | 19/09/2023 Import-Export

Vietnam plays an important role in the supply chains of major sporting goods brands such as Adidas and Nike, which are taking actions to promote green and sustainable production in the country, heard a recent workshop held in Geneva, Switzerland.

OCOP Market – “Launching site” to help Vietnamese agricultural products fly high

09:56 | 19/09/2023 Import-Export

VCN - Only the livestream “OCOP Market - Dong Thap - Land of the Red Lotus” attracted more than 24 million visits, 563,000 livestream viewers, bringing in more than VND 556 million in revenue. The products promoted in the livestream came from 12 typical subjects with nearly 35 specialty agricultural products of all kinds such as Linh fish sauce, dried fruit, rice vermicelli... This model is considered as extended arm help local specialties including agricultural products, reach consumers across the country, opening up new opportunities to access international markets and increase revenue.

Vietnam has become a strategic destination in the supply chains of many large corporations

09:54 | 19/09/2023 Import-Export

VCN - Many corporations, retail and wholesale distribution channels are promoting diversification strategies, ensuring sustainable supply and have chosen Vietnam as a strategic location in their global supply chains.

The bravery of billion-dollar enterprises

17:18 | 18/09/2023 Import-Export

VCN - Becoming a large-scale enterprise has never been without its challenges, even in the current era. Despite the market's numerous fluctuations, as of the end of August 2023, 50 companies have reached a market capitalization of over US$1 billion, among which 11 units have surpassed the US$5 billion mark.

Expectations on the driving force of public investment

17:18 | 18/09/2023 Import-Export

VCN - Statistics on registration and dissolution show that businesses are still facing very difficult times. Therefore, public investment is still expected to be the driving force leading economic recovery.

Your care

Latest Most read

Good news for Vietnam’s tra fish exports to US

14:40 | 22/09/2023 Import-Export

Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news.

Connected transportation creates motivation for economic development

10:41 | 22/09/2023 Import-Export

Int"l conference discusses Vietnam-Laos-Cambodia cooperation in digital economy

15:21 | 21/09/2023 Import-Export

Fertiliser imports reach two-year high in August

15:18 | 21/09/2023 Import-Export

Vietnam’s fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.

Maintain "credibility" to stabilize agricultural product exports to the EU

10:00 | 21/09/2023 Import-Export

VCN - Mr. Dinh Sy Minh Lang, European-American Market Department (Ministry of Industry and Trade) said at the Trade Promotion Workshop to the EU market, "Taking advantage of preferential opportunities for agricultural products from EVFTA in the new contex

Vietnam has become a strategic destination in the supply chains of many large corporations

09:54 | 19/09/2023 Import-Export

VCN - On the morning of September 13, the series of events "Connecting the international supply chain of goods" (Viet Nam International Sourcing 2023), co-chaired by the Ministry of Industry and Trade and Ho Chi Minh City People's Committee, was officiall

Reasons for plunge in the Customs’ revenue

10:46 | 18/09/2023 Import-Export

VCN - According to the Import and Export Duty Department under the General Department of Vietnam Customs has reported notable contents of import and export activities in the first eight months of the year.

Unsustainable goods will be less competitive in the EU market

10:49 | 18/09/2023 Import-Export

VCN - The European Green Deal (EGD) was announced by the European Commission in 2019. The EGD is a package of actions to reduce greenhouse gas emissions and minimize resource use while achieving economic growth.

Slow removal of IUU "yellow card", loss of many millions of dollars

16:11 | 19/09/2023 Import-Export

VCN - The EC's IUU "yellow card" has constantly declined Vietnam's seafood exports to this market from 2017 until now. Comparing the export results of 2017-2019, after 2 years of being affected by the IUU "yellow card", seafood export turnover to the EU m

The bravery of billion-dollar enterprises

17:18 | 18/09/2023 Import-Export

VCN - Listed organizations with a market capitalization of over a billion USD on the stock exchange are not immune to the turmoil either.