Hanoi (VNA) – Hanoi aims to build 30 more new industrial clusters by the end of2019.
According to the municipal Department ofIndustry and Trade, in January-June, the industrial value grew by 7.71 percentagainst the same period last year, contributing 1.51 percentage points to thecity’s gross regional domestic product (GRDP) growth of 7.21 percent.
Though the growth was lower than that of thesix-month period in 2018 (7.97 percent), the industrial production witnessed a strongrecovery in the second quarter, up 8.41 percent as compared to 6.94 percent inthe first quarter.
Hanoi is nowhome to 70 industrial clusters covering 1,337 hectares and having about 3,100 operationalproduction facilities.
Of which, there are three concentratedindustrial clusters, namely Chuong My covering 50 hectares, Son Tay 70hectares, and Phuc Tho 55 hectares.
This is the basic condition to develop craftvillages, rural economy, and call for investment to develop the city’sadvantageous industrial sectors.
In January-June, industrial parks attracted sixnew investment projects with total registered capital of 1.9 million USD and 65billion VND (2.8 million USD) and 10 expanded projects worth 44.9 million USDand 240 billion VND (10.3 million USD).
Hanoi is the only locality in the country tobuild a policy on developing key industrial products. So far, the city hascreated 61 such products which have revenues of 1 trillion VND (43.2 millionUSD) or more.
Le Hong Thang, Director of the municipalDepartment of Industry and Trade, said the city has policies to develop supportingindustries and it welcomes investment projects using high and environmentallyfriendly technology in industrial parks and clusters.-VNA
The industrial production index of Hanoi in the first eight months of this year grew 7. 4 percent year-on-year , the Hanoi Statistics Department reported.
Hanoi has focused efforts on improving administrative procedures and business climate as well as priority mechanisms to develop industrial parks and attract more investments in its IPs this year.
Traditional craft villages of Hanoi are facing a shortage of labourers, especially skilled workers, reported Kinh te Viet Nam & The Gioi (Vietnam and World Economy) Magazine.
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.
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.
Illustrative image (Source: VNA) 
