Following its merger with Bình Dương and Bà Rịa-Vũng Tàu provinces, the new HCM City is targeting US$10.44 billion in foreign direct investment this year.
The two countries have more room to advance cooperation in green energy, infrastructure development, logistics and advanced manufacturing, said analysts and exporters.
Coca-Cola Beverages Vietnam officially inaugurated a US$136 million manufacturing plant at Phú An Thạnh Industrial Park in Bến Lức Commune, Tây Ninh Province on July 11.
Việt Nam has again been recognised as a highly cost-competitive location for industrial and logistics investment, ranking in the most affordable tier globally for rent, labour and energy.
Tetra Pak, a leading food processing and packaging solutions company, inaugurated its second aseptic carton packaging material production line at its facility in Bình Dương, located at VSIP II-A Industrial Park in Tây Uyên Ward, HCM City.
Minister of Industry and Trade Nguyễn Hồng Diên stressed that the ministerial-level cooperation mechanisms between the two countries, including the ministerial-level dialogue on trade and the one on energy and minerals, play an important role in promoting multifaceted collaboration.
The merger of administrative units will not simply adjust boundaries, but also aims to streamline the management apparatus and enhance competitiveness among localities.
Becamex Bình Định Joint Stock Company, the investor of Becamex VSIP Bình Định Industrial Park, has attracted seven secondary investors to invest in high-tech application projects.
Fifteen hi-tech projects, accounting for 6 per cent of the new projects, have a combined investment of nearly US$860 million, representing 44.17 per cent of the total newly registered capital.
The 29ha project will be located in Nhơn Hội Industrial Park (Zone A) and is expected to produce between 100,000 and 250,000 tonnes of PET pellets a year by 2029.
HCM City’s Index of Industrial Production (IIP) rose by 8.2 per cent in the first five months of 2025 compared to the same period last year, marking the highest five-month growth rate in the past seven years, according to the...
A survey conducted by VCCI showed that nearly 65 per cent of Vietnamese enterprises had not prepared anything when participating in the global supply chain.