Hai Duong province to develop 10 - 15 more industrial parks
Hai Duong is planning to develop an additional 10 - 15 industrial parks (IPs) with the total area of about 5,000ha so that this northern province will become a truly attractive destination for investors, according to a provincial leader.
Secretary of the Hai Duong Party Committee and Chairman of the provincial People’s Council Pham Xuan Thang speaks at the meeting (Photo: VNA)
Hai Duong (VNA) – Hai Duong is planning to develop anadditional 10 - 15 industrial parks (IPs) with the total area of about 5,000haso that this northern province will become a truly attractive destination forinvestors, according to a provincial leader.
Secretary of the provincial Party Committee and Chairman ofthe provincial People’s Council Pham Xuan Thang told a recent meeting that HaiDuong always stands side by side with businesses and will create the bestpossible conditions for investors in IP infrastructure to build facilities andattract secondary investors, thus generating practical economic benefits forbusinesses and the province.
At the event, local leaders handed over the Prime Minister’sapproval of investment intention to investors in four IPs and the provincial People’sCommittee’s decisions to set up four others.
The Prime Minister has so far approved 18 IPs covering3,517ha of land in Hai Duong, 14 of which have been estabished with the totalarea of 2,567ha.
Among the 14 established parks, 11 that cover 1,732ha ofland have had their infrastructure completed with an average occupancy rate of82 percent. They are accommodating more than 300 projects from 21 countries andterritories, including 235 FDI projects worth over 4.7 billion USD and 64Vietnamese projects worth some 17.67 trillion VND (772 million USD). Those projects havecreated jobs for more than 108,000 people and contributed 1.7 trillion VND tothe budget annually.
Thang said that apart from developing IPs, Hai Duong willalso step up investment promotion, strongly improve its business climate andProvincial Competitiveness Index, and attract investment in a more selectivemanner./.
The northern province of Hai Duong attracted over 3.4 trillion VND (148.24 million USD) in domestic investment in the first quarter of this year, 1.9 times higher than that in the same period last year, according to the provincial Department of Planning and Investment.
A conference seeking measures to promote links and partnerships in developing the logistics industry in the northern port city of Hai Phong was held on April 23.
New waves of investment coming to the southern province of Ba Ria-Vung Tau will push up demand for land rentals at local industrial parks (IPs), which in turn will need to be expanded.
The Becamex IDC Corporation together with the People’s Committee of southern Binh Phuoc province held an online conference on May 5 with investors from the US.
Authorities of the northern province of Hai Duong are carrying out necessary procedures to offer from 5-10 products meeting standards in the “One Commune - One Product” (OCOP) programme, including Thieu litchi, for sales on e-commerce platforms before May 18.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
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.
Secretary of the Hai Duong Party Committee and Chairman of the provincial People’s Council Pham Xuan Thang speaks at the meeting (Photo: VNA) 
