Over 16.5tr dong to build Dong Hoi seaport in central

As planned, to 2020, this seaport will be able to receive 30,000-50,000 dwt ships. The seaport has total expected investment of 16.555 trillion dong, of which, the investment till 2015 would be about 10.574 trillion dong. This capital source will come from the investor of Dong Hoi industrial zone and capital mobilisation from other enterprises.

Bac Ninh’s golf course swing

Bac Ninh People’s Committee has just submitted a proposal to the government to add Hap Linh golf course into the Golf Course Development Plan of Vietnam to 2020. Vu Duc Quyet, director of Bac Ninh Industrial Zone Management Board – in charge of the project’s management, told VIR there was a real need for entertainment facilities to serve foreign and high-end customers in this northern province. Bac Ninh is home to many projects invested by high-profile foreign companies like Canon, Foxconn, Orion and Samsung with 1,000 foreigners working in the area.

$80m invested in building Thuan Thanh 2 industrial zone & urban area

The project has total investment capital of $80 million, to be sited in an area of 304.405 hectares in communes of An Binh, Hoa Thuong, Mao Dien, Thuan Thanh Dist, Bac Ninh province.

Vietnam produces its first electric cables for ships

The Middle Area Construction and Shipbuilding Industry Company (Macshinco), an affiliate of Vinashin Group, officially handed over 20 tonnes of ship electric cables to the Saigon Shipbuilding Industry Corporation on December 16 at the Hoa Khanh Industrial Zone in the central city of Danang.

Detailed plan of Nhuan Trach Industrial Zone released

The new industrial zone will be sited in an area of 200 hectares in Nhuan Trach Commune, Luong Son Dist, Hoa Binh province.

FDI to flow into garments

Vitas vice chairman Le Van Dao said Taiwan, Hong Kong and South Korea would remain the biggest investors in Viet Nam's garment and textiles industry. He said several Taiwanese investors had plans to enlarge their investment in Viet Nam. For example, Eclat Textile Co, which has a factory in southern Dong Nai Province's Nhon Trach Industrial Zone, plans to buy a US$2.5 million factory capable of producing about 3-3.5 million units of garments and knitwear a year. Eclat also plans to invest roughly $4 million to set up a new garment factory that will have the capacity to produce 2.5 million units each year.

Lining up to applaud Bac Ninh

Bac Ninh has attracted many big property groups like Vietnam Singapore Industrial Park & Township Development Joint Stock Company (VSIP JSC), Kinh Bac City Development Corporation (KBC), Viglacera Corporation, Song Da Infrastructure Construction Joint Stock Company and Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO), which are providing high-quality infrastructure services and meeting the requirements of big domestic and foreign enterprises in the province.

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