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Vietnam Business News on Tuesday February 20 th, 2024 

 Tuesday, February 20,2024

AsemconnectVietnam - Hai Duong attracts over 2.2 trillion VND of investment. HCM City lures green investments to boost sustainable development. Semiconductor industry hoped to attract half of FDI investors in Da Nang. An Giang exports first batch of mangoes to RoK.

Hai Duong: Attracts over 2.2 trillion VND of investment
The Hai Duong provincial People’s Committee on February 19 held a ceremony to grant investment registration certificates to eight investors who committed over 2.2 trillion VND (89.65 million USD) in nine projects in the province.The ceremony is the first of its kind that the committee held this year. Four of the investors are foreign.
According to the Management Board of Industrial Parks of Hai Duong province, from the beginning of this year, the province's industrial parks have attracted about 2.6 trillion VND including about 1.87 trillion VND as domestic direct investment (DDI)
As of February 19, the parks had attracted 375 secondary investment projects including 294 foreign direct investment (FDI) ones from 26 countries, regions, and territories, with a total registered capital of about 6.1 billion USD and 81 DDI projects with a total registered investment capital of about 14 trillion VND.
HCM City: lures green investments to boost sustainable development
Ho Chi Minh City, Vietnam’s biggest economic hub, is working to lure both domestic and foreign green investments, towards sustainable development.
The city has taken actions to join national efforts to achieve the goal of net-zero emission by 2050, with an economic forum themed “Green Growth – Journey to Zero Net Emissions” in September 2023.
Last month, the municipal People’s Committee also coordinated with the World Bank (WB) in organising an investment promotion conference for green growth.
Notably, green growth is a focus in the city’s planning orientations for 2021-2030 with a vision towards 2050, along with policies, criteria, and models in all sectors.
Under the National Assembly’s Resolution No. 98/2023/QH15 on piloting some specific mechanisms and policies for HCM City’s development, the southern metropolis is empowered to untangle knots to its development and devise mechanisms to attract resources in service of green transition.
Da Nang: Semiconductor industry hoped to attract half of FDI investors
Some potential investors are exploring investment chances in central Da Nang city, and its Hi-Tech Park and Industrial Zones Authority (DHPIZA) hopes that 50% of those FDI businesses will invest in the local semiconductor industry this year.
Nearly 260 million USD in investment was poured into the Da Nang Hi-Tech Park in 2023, the DHPIZA said, noting that many challenges are predicted for 2024 and beyond, but it hopes the firms who are planning to invest in the city and learning about the local market will make decisions this or next year.
DHPIZA Director Vu Quang Hung told the Lao dong (Labour) daily that the semiconductor industry is among those benefiting from preferential treatment at the Da Nang Hi-Tech Park.
The authority is giving preferential policies to three industries, namely semiconductor, high-quality health care, and aerospace. All investors coming to the city will receive the DHPIZA’s assistance in terms of administrative procedures, time, and coordination with local departments to learn about the market, he went on.
An Giang: Exports first batch of mangoes to RoK
The Mekong Delta province of An Giang on February 19 exported 13 tonnes of flat-seeded mango to the Republic of Korea (RoK).
This is the first batch under an export contract signed between the GAP Cu Lao Gieng Cooperative in Cho Moi district and the Hoang Phat Fruit Ltd. Co.
This is an important event marking the cooperation in production and sales between the cooperative and fruit exporting companies in An Giang and other localities, thus promoting the connection between production and consumption of mango products in a value chain.
Speaking at the event, Vice Chairman of the provincial People’s Committee Nguyen Thi Minh Thuy said that it took more than 10 years of efforts of local authorities and farmers to open the door to demanding markets such as the US, Australia, RoK and other choosy markets in the world for An Giang's mango.
The official held that the export of mango to RoK affirmed the position of the locality’s fruit in demanding markets, she added.
Compiled by T. Huong
Source: Vitic/VNA

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