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Phuong nam resort binh duong

/ March 18, 2020

Binh Duong meets foreign investment target ahead of schedule

Such figures confirm Binh Duong’s status as an attractive destination for foreign investors, second only to neighbouring Ho Chi Minh City. According to the provincial investment department, Binh Duong is currently home to 3,780 active foreign-invested projects with total pledges at US$34.33 billion, accounting for 9.48% of total foreign investment in Vietnam. The province has seen investors from 65 countries and territories with Japan being the largest investor, with US$5.61 billion in over 300 projects. Foreign-invested projects in Binh Duong are mainly in the manufacturing sector. According to Binh Duong Chairman Tran Thanh Liem, what makes the province appealing to foreign investors is a conducive investment climate brought about by aggressive policy reforms. Looking toward the future, the province continues to see foreign investment as an important driver but will give priority to environmentally friendly, high-tech and less labour-intensive projects. …

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/ February 26, 2021

Workers in high demand as factories expand production

In some industrial parks in the southern provinces of Dong Nai and Binh Duong, hundreds of companies have put up hiring notices this week. South Korean textile firm Taekwang Vina in Dong Nai is looking for 3,000 workers as it plans to establish four more production chains this year. The company offers a minimum monthly salary of minimum VND7 million ($304). Anyone with basic literacy can apply. Another South Korean textile firm in the province, the Chang Shin Vietnam Company, which has 35,000 workers, is also recruiting an unspecified number of new workers as the number of orders received by the end of this year has already exceeded capacity, prompting it to build two new workshops. In Binh Duong, official data shows local companies are looking for nearly 40,000 workers in several sectors including textiles, wood processing and household products manufacturing. Companies are sending recruiters to sit near main roads to increase chances of contacting candidates. "Businesses are struggling to find workers even though they are offering high salaries of VND7-13 million a month plus benefits," Nguyen Kim Loan, chairwoman of the Binh Duong Labor Federation, told local media. In the northern province of Bac Ninh, where many multinational manufacturers have set up plants, the demand for workers is estimated at 15,000. Foxconn, a major supplier for Apple, is hiring 1,000 workers in Bac Ninh and the neighboring province of Bac Giang. It received a license in January to build a $270-million plant produce laptops and tablets in Bac Giang. Nguyen The Quyet, chairman of the union of workers at industrial parks in Bac Ninh, said that many companies were unable to complete orders last year due to disruptions caused by the Covid-19 pandemic and were seeking to make up now. Another reason is a surge in new orders this year from many countries, pushing factories to expand production and employ more people, he added. Recruitment demand was highest among …

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/ November 5, 2020

Vietnam lawmakers urge tightened control over small hydropower planning

The Hanoitimes - Lawmakers largely attributed severe floods in the central region recently to poor planning of small-scale hydropower plants. Vietnam’s lawmakers have urged the government to thoroughly review hydropower planning nationwide for sustainable management following severe flooding and fatal landslides in the central region late last month that are largely believed to stem from poor planning of small-scale hydropower stations. The Ministry of Industry and Trade needs to make all-encompassing assessment of the investment of small- and medium-size hydroelectric plants in the north, the central region, and Central Highlands, lawmakers said at the National Assembly (NA)’s ongoing month-long plenum. They demanded the removal of ineffective projects out of the National Power Plan by 2030. Voices from lawmakers Lawmaker Nguyen Thi Xuan. Photo: Quochoi Lawmaker Nguyen Thi Xuan from Dak Lak province pointed out some consequences resulted from the development of these projects, including drought and flooding when the dams store and discharge water, legalized exploitation of timber under the guise of hydropower, transfer of hydroelectric projects to other investors after exploiting mineral resources. She said the parliament needs to establish task forces to supervise the afforestation while the government has to increase funding the afforestation and add it to the socio-economic development of the mountainous areas and ethnic minorities in 2021-2030. Lawmaker Phan Thai Binh from Quang Nam province demanded environmental impact assessment (EIA) by the government to ensure the safety of both hydroelectric dams and irrigation dams. Lawmaker Hoang Duc Thang. Photo: Quochoi Lawmaker Hoang Duc Thang from Quang Tri province attributed severe floods in the central region largely to the development of hydropower. He said hydropower-related deforestation has caused bare land, soil erosion, flash flood, …

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