Industry

Nam Dinh Vu Port In the first half of 2021, industrial real estate saw steady growth as foreign investors keep increasing local land funds, despite no less than two waves of COVID-19 hitting industrial parks (IPs) in the first half. These foreign investors include several big names such as multi-functional real estate developer Frasers Property Vietnam which has just announced its first IP project in Vietnam named Binh Duong IP. This IP will bring more than 200,000 square metres of factory space to the market over the next 6-7 years. ESR Cayman Limited (Hong Kong) and BW Industrial Development JSC have also recently established a joint venture (JV) to develop a modern IP named My Phuoc 4 IP in the north of Ho Chi Minh City, with an area of about 240,000sq.m intended for logistics and light industry. In a similar move, after setting up a JV for modern logistics real estate for Vietnam last October, SEA Logistic Partners and GLP – the largest warehouse operation investment and …

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Four industry associations seek Gov’t help to import Covid vaccine By Lan Nhi Employees at work at an apparel firm. Four associations have written to the Government asking for help with the import of the Covid-19 vaccine after they accessed a vaccine supply source in the United Arab Emirates - PHOTO: VNA HANOI - Four industry associations have written to the Government asking for help to import the Covid-19 vaccine after they have found a vaccine supply source in the United Arab Emirates (UAE). The Vietnam Textile and Apparel Association, the Vietnam Leather, Footwear and Handbag Association, the Vietnam Electronic Industries Association and the Handicraft and Wood Industry Association of HCMC need the Government to negotiate with the Royal Strategic Partner in the UAE to facilitate import procedures, the local media reported. On July 13, the Vietnamese Embassy in the UAE worked with the Royal Strategic Partner to confirm the supply of the Covid vaccine. Though …

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They are doing so at the urging of peers in an online community who say running the gauntlet of catching Covid-19 infections and being punished for not following unclear regulations for a pittance is a fruitless exercise. "It is not worth it, delivering something a few ten thousand dong (VND10,000 = $0.44) while taking the risk of getting infected or fined. So I advised fellow shippers to take a break, " said Hiep, a resident of HCMC’s District 7. Shippers say they find the city’s multiple Covid-safe regulations confusing. Tung, a driver who usually works in District 3 and Phu Nhuan, can earn up to VND2 million on certain days, especially with higher demand and less drivers. Before Monday, when a rule for shippers to deliver within one district took effect, Tung usually took detours to avoid checkpoints when making inter-district deliveries, but felt nervous whenever he did it. "I always felt like I was doing something fishy even though it was my job. I don’t feel at ease …

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BW and ESR convert 40,000 sqm ready-built warehouse into COVID-19 field treatment centre In close alliance with Binh Duong People's Committee, where the facility is located, BW and its joint venture partner, ESR, installed electricity, water, and toilet facilities to ensure a safe and seamless experience. Duong Chi Nam, deputy director of the Ministry of Health's Health Environment Management Agency, shared: “Binh Duong Field Treatment Centre No.2, as the facility will be known, will be equipped with a few hundred of the 5,000 beds with ventilators and staffed by medical workers and associates.” BW is Vietnam's leading logistics and industrial real estate developer and operator with close ties to communities across the country. This most recent undertaking is part of the company’s 5-year environmental, social, and governance (ESG) strategic plan which aims to provide sustainable property in response to customer needs while supporting well-being, diversity, gender equality, and …

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The ideas of converting vacant industrial zones, construction sites, and low-yield cultivation lands of Hanoi into creative spaces bring high hope for improving the spiritual life of the Hanoians. Train District 4.0, a creative space on the basis of the old Gia Lam Train Factory, has become one of the most anticipated projects in the capital city. The old Gia Lam Train Factory would be an attactive creative space of the capital in the near future. Photo: VCCI Built in 1905 by the French to fix trains for their fast-developing Vietnamese colony, Gia Lam Train Factory was the first train factory in the then-French territory, which spanned modern-day Vietnam, Cambodia, and Laos. It later churned out weapons to fuel the country's independence fight, and then survived the onslaught of American bombers during the war. Enjoyed its heyday during the 1980s and 1990s, Gia Lam Railways was considered a symbol of the capital’s industrial revolution. It offered dozen …

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Workers eligible for the support are those who lost their jobs or have had their work suspended, particularly pregnant and female workers rearing children under six years old. Hanoi Confederation of Labor on July 26 launched the "zero-dong store on buses" to support workers affected by the Covid-19 pandemic at industrial zones and hostels in the city. The “zero-dong store on bus” model will be implemented for over 10 days now since July 26. Workers eligible for the support are those who lost their jobs or have had their work suspended, particularly pregnant and female workers rearing children under six years old. The first zero-dong store on the bus is distributing necessities to pandemic-hit people. Photo: Thien Tam The model of “zero-dong store on buses” shows the solidarity among workers in the city, Vice Chairman of the Hanoi Confederation of Labor Le Dinh Hung said, adding that his organization will spend over VND4 billion (US$173,695) on …

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The EVFTA, which took effect on August 1 last year, has given an impulse to bilateral exportation and importation, with Vietnam currently recording a trade surplus with the EU. In the first half of 2021, the country’s exports to the EU stood at US$19.3 billion while imports from this bloc grew 17.2 percent from a year earlier to $8.14 billion. The import turnover was $14.65 billion in 2020, up 4.3 percent year on year. The largest EU exporters to Vietnam consist of Germany, Italy, France, the Netherlands, Spain, Belgium, Sweden, and Ireland, which accounted for 85 percent of the country’s total imports from the EU last year. Computers, electronic products and components; machinery, equipment, tools, and spare parts; along with pharmaceutical products are the main groups of items with billions-of-US-dollar imports from the EU. They saw respective import turnover of $4.1 billion, $3.1 billion, and $1.75 billion last year, according to the General Department of Vietnam Customs. …

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Hanoi conducts vaccination against Covid-19 for locals (Photo: VNA) The article said that Hanoi began the mass vaccination against Covid-19 on July 28. In Hoan Kiem district, which is flooded by tourists at normal times, around 4,000 doses per day are now administered at seven vaccination centres. Employees working in key public administration departments at high risk from Covid-19 and workers in industrial areas are the first to be injected. The vaccination campaign runs from July to April next year and benefits 5.1 million people between 18 and 65 years old. At the moment, the vaccines from Astra-Zeneca, Moderna and Sputnik V are mainly administered in Vietnam. The article also mentioned to the fourth wave of the pandemic which hit Vietnam in late April. From around 3,000 infections detected in the three previous waves, the Southeast Asian nation has to date recorded over 100,000 cases. The municipal authorities have implemented drastic measures to prevent the spread of …

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Nguyen Thi Hong Tham, owner of Xuyen A slaughterhouse in Ho Chi Minh City’s Cu Chi District - one of the large private pig slaughterhouses in Ho Chi Minh City, said that before the epidemic, Xuyen A slaughtered about 1,500 pigs per day on average. When the epidemic broke out, following the direction of the People's Committee of Ho Chi Minh City, the establishment invested over VND100 million in building accommodation and toilets for employees to meet the city’s requirement of Covid-19 prevention task. However, many employees in the establishment were found to be infected by coronavirus; accordingly, the establishment decided to suspend operations to ensure the safety of workers. Director To Van Liem Xuan of Thoi Thuong Slaughterhouse in Hoc Mon District said that the factory is still operating with only three out of 13 assembly lines with a capacity of about 1,000 pigs a day. Previously, the factory had called up workers to stay in the slaughterhouse for continued production, …

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Dong Nai Province authorities escort 900 workers to return to Dak Lak Province. (Photo: SGGP) All these workers were taken to No Trang Long Ethnic Minority Boarding High School in Buon Ma Thuot City of Dak Lak Province to conduct a quick test and medical examinations before returning to the locality for isolation according to regulations. Here, the authorities of Dak Lak Province had prepared food and drinking water for these workers, and at the same time, requisitioned many classrooms to serve as places for them to rest. Despite being exhausted after a journey of nearly 400 kilometers by motorbike, Ma Chang, whose residence is in Krong Pak District, was extremely excited when he finally returned to his hometown. He said that he and his wife had worked in Dong Nai Province for more than seven years. Due to the pandemic, for more than a month, both of them had had no income. Because they no longer had money to stay, they decided to return to their hometown. Workers return …

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