Social News Headlines 22/4

Vietnam seeks ways for overseas nationals to maintain nationality Vietnamese authorities are looking for ways to help millions of overseas Vietnamese maintain their nationality as the deadline for the regulation approaches, said a spokesman for the Vietnamese Ministry of Foreign Affairs. In accordance with the Nationality Law 2008, overseas Vietnamese who do not have valid Vietnamese passports, or who had Vietnamese nationality before the law took effect on July 1, 2009, must re-register with … [Read more...]

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US senators present gifts to Danang dioxin victims

(VOV) - A US Senate delegation led by Senate President pro tempore Patrick Leahy visited and presented gifts to disadvantaged people, including victims of dioxin, in the central city of Danang on April 19. Vietnam, US cooperate in dioxin remediation Seeking legal evidence for dioxin lawsuit More dioxin spots found at Bien Hoa Airport They symbolically gave 18 wheelchairs to the handicapped, four chairs to mentally retarded children, and 18 hearing aids to needy people in Hoa Vang … [Read more...]

Binh Duong sets FDI target of $1b

Confectionary is produced at the Universal Robina Corporation in Binh Duong Province. The southern province is stepping up efforts to draw US$1 billion in foreign direct investment to build modern industrial parks next year. — VNA/VNS Photo Quach Lam

BINH DUONG (Biz Hub)— The southern province of Binh Duong is stepping up efforts to draw US$1 billion in foreign direct investment (FDI) for building well-equipped industrial parks next year. To this end, the province will continue to ramp up the infrastructure in industrial zones (IZs) while choosing projects that are well suited to the locality's development orientation, particularly for energy-efficiency projects. At the same time, it will zone off some 300ha in Bau Bang industrial park for … [Read more...]

Binh Duong targets 1 bln USD in FDI next year

The southern province of Binh Duong is stepping up a gear to draw one billion USD in foreign direct investment (FDI) in well-equipped industrial parks next year. To achieve this, the province will continue to ramp up infrastructure in industrial zones while choosing projects well suited to the locality's development orientations, particularly energy efficient projects. At the same time, it will also zone off some 300 hectares in Bau Bang industrial park to lure garment and support industry … [Read more...]

Ben Cat District aims at comprehensive development

My Phuoc 3 Industrial Park

(VEN) - According to Nguyen Huu Chi, Ben Cat District is trying to make new achievements, especially in industrial sector, go forward in the process of industrialization and urbanization of Binh Duong Province, with a view to becoming a strong provincial economic spearhead and gradually improving local people's lives. Since the re-establishment of Binh Duong Province and especially the implementation of provincial industrial development, Ben Cat District has seen an economic take off. The … [Read more...]

Binh Duong manages stable growth rates

In the first nine months of the year, Binh Duong's exports reached more than US$9 billion in revenue

(VEN) - Binh Duong Province has made efforts to complete its 2013 socioeconomic development plan, maintaining its position as one of the country's leading industrial provinces. Over the past nine months, provincial economy has continued to develop stably with, positive and comprehensive achievements across all sectors. The province achieved 11 percent average growth rate in the first nine months and is expected to reach 12.5 percent for the whole year. According to Director of Binh Duong … [Read more...]

Bau Bang bids for industrial development

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A cotton fibre production line of the Korean KyungBang Viet Nam's $140m textile plant in Bau Bang. — VNA/VNS Photo Quach Lam BINH DUONG (VNS)— Land has been cleared for investment projects in Bau Bang, a new residential and industrial zone in the southern province of Binh Duong, according to Becamex Investment and Industrial Development Corporation (Becamex IDC), the zone's investor. "The zone was built in the northern part of the province with the main aim of reducing pressure at industrial … [Read more...]

Cotton yarn mill operational in Binh Duong

Source: VNA

A cotton yarn mill was put into operation in the southern province of Binh Duong on May 10th after more than 10 months of construction on the first phase of the facility. The initial phase received 40 million USD of investment from Kyungbang Vietnam Limited Liability Company under the Kyungbang Group, one of the leading yarn and fabric manufacturers in the Republic of Korea. Located in Bau Bang industrial zone in Ben Cat district, the 25,920-spindle mill is equipped with Swiss and German … [Read more...]

BUSINESS IN BRIEF 6/11

Maintenance contract inked for fuel factory Mien Trung (Central) Petroleum Construction Joint Stock Company and PetroVietnam Energy Technology Corporation (PV EIC) signed a contract on Friday for maintenance of the Dung Quat Bio-Ethanol Fuel Factory. Under the contract, PV EIC will begin the factory's maintenance activities on December 1, including daily, periodical and general maintenance and repairs. The VND2.2 trillion (US$105.7 million) factory, which is designed to produce 100 million … [Read more...]

Korean company builds fibre factory in Binh Duong

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Kyung Bang Vietnam Co. Ltd, wholly invested by the Republic of Korea's Kyung Bang Group, broke ground on a large-scale fibre factory in the southern province of Binh Duong on October 31. In the first phase, the project, located in Bau Bang industrial zone, Ben Cat district, has investment capital of US$40 million. It covers an area of 160,000sq.m and has a capacity of 6,000 tonnes of fibre per year. The factory is scheduled to be put into operation in 2013. In the past ten months, … [Read more...]

Village devoted to the rehabilitation of women

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Bau Bang village in Danang City is locally-known as a place for recovery of women who were former drug addicts and prostitutes. The municipal government of Danang set up Vocational Training Centre No. 05-06 in Hoa Bac Commune, Hoa Vang District for former sex workers and drug addicts and some of them decided to stay and start a new life in the nearby village of Bau Bang. Tran Thi Minh Nguyet, 57, from the central province of Quang Nam, had an unhappy childhood that led her down this type of … [Read more...]

Urban development plan in Binh Duong province for 2011-2015, vision towards 2020

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BEGIC - The urban development in Binh Duong has achieved particular results in recent years due to the effort of authorities, the participation of businesses and the consensus of the majority of people. Binh Duong urban space has gradually developed as a civilised and modern city which has a good infrastructure. In an effort to prompt the city of civilization, modernity, identity and environmentally friendly as well as the high living standard, Provincial Party issued the program of urban … [Read more...]

The project for building Becamex welfare house stage 2011 – 2015

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BEGIC - Becamex welfare house project was invested by Becamex IDC. Corp., to solve the housing need for the provincial employees, to help the low-income people approaching and owning a quality cheap-price house where they can live, enjoy their entertainment, step by step improve the life, and create a stable long-term human resources at some localities in the province. Besides that, it will retain the main labor force at some industrial parks to ensure that they will be prioritized to … [Read more...]

Binh Duong New City: “City of Industry, Education and Training”

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In commemoration of the 35th southern liberation and reunification anniversary (April 30, 1975 - 2010), and the International Workers Day (May Day) and the 120th birthday of late President Ho Chi Minh (May 19, 1890 - 2010), Binh Duong province started the construction of Binh Duong New City, opening a new era of local socioeconomic development, aiming to become an modern industrialised city. Building a new city Binh Duong province is located in the southern key economic zone where Ho Chi Minh … [Read more...]

TDC opens realty exchange

Doan Van Van Thuan, TDC general director, said this was the company's third MYLAND exchange after Ruby Land and Bau Bang in Bau Cat District, Binh Duong Province. TDC took the occasion to start selling its Moon River eco-villas in Thoi Hoa Urban Area, or My Phuoc 4, in Binh Duong's Ben Cat District. Lying along Thi Tinh River and nearby Ecolakes My Phuoc project, the Moon River project covers 10 hectares and has a total of 284 villas and town houses. A unit covers 145 to 495 square meters and … [Read more...]

Grand meeting marks Southern Liberation Day

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The great victory in April 30, 1975 was considered one of the country's greatest and most brilliant historical events, completing the people's national democratic revolution and opening a new era of development for Vietnam. Ho Chi Minh City held a grand meeting on April 30 to mark the 35th anniversary of Southern Liberation and National Re-unification (April 30), and the 124th anniversary of May Day (May 1) and to receive the Gold Star Order from the State President. Present at the meeting … [Read more...]

Bank offers credits for real estate development

The Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank) has signed a credit contract worth 750 billion VND to assist Binh Duong Industrial Investment and Development Company (Becamex IDC)'s projects. Under the contract, Maritime Bank will continue funding Becamex IDC's investment projects in the southern province of Binh Duong, including the 2,000ha Bau Bang industrial park and the 4,300 ha Binh Duong industrial-service-urban complex, which is expected to become the most modern of … [Read more...]

Work starts on optic cable plant in Binh Duong

HCMC - The HCMC-based Vietnam Fiber Optic Joint Stock Company (VFO) commenced work on an optic cable factory in the southern province of Binh Duong after it received an investment certificate on Wednesday. The company will spend US$176 million on the project in Bau Bang (or My Phuoc 5) Industrial Park in Ben Cat District, according to the company. Leaders of VFO and guests break ground for the factory in Binh Duong Province on Wednesday - Photo: Trong Minh The project covering four hectares … [Read more...]

Vietnam Southern Province to Set up 11 New Industrial Parks

Song Than 1 IP in Binh Duong province

Vietnam's southern Binh Duong province will build additional 11 industrial Parks (IP) from now to 2020, raising its total number of IP to 39 covering 19,834 hectares by the year. Under the province's IP development plan, Binh Duong will expand three parks namely Dat Quoc (500 hectares), Nam Tan Uyen (631 hectares) and Bau Bang (2,500 hectares) by 2015. It will build eight new IPs including Lai Hung (1,000 hectares), Cay Truong-Tru Van Tho (500 hectares), Tan Binh (600 hectares), Tan Lap (800 … [Read more...]

11 more industrial zones to be erected in Binh Duong

Photo: binhduong The Binh Duong Provincial People's Committee has just passed a resolution on the revision and supplement of planning industrial zones in the locality through 2020. Under the revision, there will be 39 industrial zones in the province by 2020 with a total area of 19,834 ha. By 2015, the province is planning to expand the areas of 3 industrial zones, namely Dat Quoc, Nam Tan Uyen and Bau Bang. In addition, it will construct 8 more new industrial zones, including Lai Hung with … [Read more...]