Economic zones

Quang Ninh (VNA) - Investment in industrial parks (IPs) and economic zones (EZs) has become a new driver of growth in the northeastern province of Quang Ninh, with local authorities issuing various policies to attract investors. According to experts, Quang Ninh is considered a strategic investment destination in Vietnam’s northern region and an important link in the Hanoi - Hai Phong - Quang Ninh northern economic growth triangle. The province possesses major advantages, with Van Don district to become a multi-sectoral marine economic zone and an entertainment centre, with a casino, high-end sea-island tourism, and general services. The province has planned to develop eleven IPs and four EZs that together span over 368,000 ha, accounting for more than 30 percent of Quang Ninh’s total natural area. Six of the 11 IPs have already been issued investment registration certificates and have infrastructure invested in and leased. Investors have so far poured about 27.35 … [Read more...] about Industrial parks, economic zones create new growth momentum in Quang Ninh

Mai Dinh Vu, chairman of Van Phong Port Company Limited, said though the port had yet to be completed, it had already received many foreign ships. With a rising number of cargo vessels of 50,000-70,000DWT registering to enter the port his company was seeking to increase the capacity of the remaining two wharves to improve the port’s efficiency. … [Read more...] about Seaports to foster south-central region economic development

Phnom Penh (VNA) – The Singapore-based firm Hong Lai Huat (HLH) has shaken hands with Skiold A/S of Denmark to consider investment into a 1-billion-USD Cambodia-Singapore Agriculture Special Economic Zone project. The Edge newspaper of Singapore reported that the objective of a memorandum of understanding (MoU) signed by the two firms is to create the foundation for the first mutual platform to enhance trade and economic cooperation and technical exchanges in the field of poultry and cattle farming as well as seed processing for Cambodia. Under the MoU, both companies agreed to initiate the setting up of livestock and seed production in the agriculture economic zone, while conducting a feasibility study of a new project on livestock and agricultural production, and creating more job opportunities within the next six months. HLH General Director Ong Jia Jing showed pleasure at the potential collaboration between the two companies in the development of the Cambodia-Singapore … [Read more...] about Singaporean, Danish firms shake hands in developing agricultural project in Cambodia

Tiến said over the past several months, ASEAN countries have taken their own measures to control the COVID-19 pandemic as well as respond to the economic impacts of the pandemic. However, the COVID-19 pandemic is not just a medical crisis, but a crisis for growth when international trade and supply chains are disrupted. … [Read more...] about ASEAN parliaments work together for post-pandemic economic recovery

Sixthly, building regional connectivity infrastructure, enhancing transport connectivity and the need to strengthen cooperation in the Mekong sub-region and other ASEAN subregions, especially on environmental protection, smart agriculture development and sustainable management of transboundary natural resources to ensure food, water and energy security in the subregions during and after the COVID-19 pandemic. … [Read more...] about Role of AIPA parliaments in post-pandemic economic recovery discussed