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Vietnam sets up 310 industrial parks, 15 economic zones by Sept.  

 Thursday, October 23,2014

AsemconnectVietnam - As of the end of September, Vietnam has 295 industrial parks and 15 economic zones nationwide, said Foreign Investment Agency (FIA) under Vietnam's Ministry of Planning and Investment on Wednesday.

According to a report posted on FIA's website, the country's industrial parks are located in an area of 83,626 hectares while its economic zones cover an area of 697,800 hectares.

As of the end of September, over 2.2 million jobs have been created by industrial parks and economic zones across Vietnam.

In the first nine months of 2014, Vietnam's industrial parks and economic zones lured around 5.6 billion U.S. dollars in 351 newly-registered foreign direct investment (FDI) projects.

Meanwhile, some 2.2 billion U.S. dollars were added to 258 projects, bringing total FDI into the country's industrial parks and economic zones to 7.8 billion U.S. dollars, down 10 percent year-on-year.

Cumulatively, as of the end of September 2014, industrial parks nationwide have attracted total FDI worth 81.4 billion U.S. dollars in 5,365 projects. Among those, over 45.6 billion U.S. dollars was disbursed, making up 56 percent of total registered FDI.

At the same time, so far, FDI pouring into economic zones of Vietnam hit 36.7 billion U.S. dollars in 226 projects, said FIA.

In January-September period, Vietnam's industrial parks and economic zones attracted over 75.07 trillion Vietnamese dong (3.56 billion U.S. dollars) from domestic investment, up 16 percent year- on-year.

As of the end of September, a total of 5,262 domestic projects with registered capital of 512.03 trillion Vietnamese dong (24.27 billion U.S. dollars) came to Vietnam's industrial parks and economic zones.

During a nine-month period, the country's industrial parks and economic zones enjoyed total revenue of over 55.7 billion U.S. dollars, up 30 percent year-on-year, contributing 42,02 trillion Vietnamese dong (1.99 billion U.S. dollars) to the state budget, according to FIA.

Source: Reuters

 

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