Ha Tinh (VNA) – Construction started on a Vietnam-Singapore Industrial Park (VSIP) in the central province of Ha Tinh on June 25.
The first phase of the Ha Tinh VSIP project covers 190.41 hectares in Thach Ha district, and has a total investment of 1.55 trillion VND (60.8 million USD).
Speaking at the groundbreaking ceremony, Deputy Prime Minister Tran Hong Ha highly valued VSIP Group - a brand associated with a chain of industrial parks and industrial, urban and service complexes in many localities across the country.
With its reputation, brand, and experience in 28 years of investment cooperation in Vietnam, along with its strengths in technology, green vision and sustainable development strategy for the community, VSIP will contribute to Vietnam's green transition process.
Tan Cheng Guan, Executive Vice President in the Office of the Group President & CEO at Sembcorp Industries – the project’s investor, said that the strong development of VSIP Group is proof of the strong and long-term friendship between Singapore and Vietnam. Since the first park was established in 1996 in the southern province of Binh Duong, VSIP has succeeded in replicating the model across 13 provinces and cities in Vietnam. The groundbreaking ceremony of the VSIP Ha Tinh in the north central region marks another important milestone, he added.
There are currently 18 VSIPs across Vietnam, with a total area of 11,588 hectares. Operating VSIPs have attracted 930 customers from 30 countries and territories, with a combined investment capital of 21 billion USD, and created over 300,000 jobs.
Appreciating VSIP’s selection of Ha Tinh as its investment de♓stination, Chairman of the provincial People’s Committee Vo Trong Hai pledged to strictly follow commitments and promptly address the inve♋stor’s recommendations and proposals./.
The Lang Son provincial People’s Committee and the Vietnam Singapore Industrial Park and Township Development Joint Stock Company (VSIP JSC) on June 14 commenced the construction of VSIP Lang Son project – the 16th of its kind in Vietnam.
Singapore and Vietnam could expect more exciting developments in innovation, energy connectivity and sustainability this year, Singaporean Ambassador to Vietnam Jaya Ratnam has stated in his interview with the Vietnam News Agency on the occasion of the lunar new year.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
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With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
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The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
