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VIETNAM BUSINESS NEWS NOVEMBER 19

VIETNAM BUSINESS NEWS NOVEMBER 19
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

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Dong Nai aims to attract 700 million USD in FDI to IPs this year


Dong Nai aims to attract 700 million USD in FDI to IPs this year
10:23 | 15/04/2021
Workers at a company in Dong Nai (Photo: VNA)
Dong Nai - The southern province of Dong Nai plans to attract some 700 million USD in FDI to its industrial parks (IPs) this year.
Despite the negative impact of the COVID-19 pandemic, IPs in the province attracted 10 FDI projects in the first quarter of this year, while 19 others added a combined 320 million USD, hitting 46 percent of the annual plan.
Major projects include the second phase of the Hansol Electronics Vietnam project at the Ho Nai IP, with registered capital of 100 million USD; the 60 million USD factory of the Ojitex Vietnam Co. at the Loc An - Binh Son IP; and Platel Vina’s plant at the Amata IP, with 30 million USD. ....

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Supporting industries receiving multinational boost


Supporting industries receiving multinational boost
10:00 | 01/04/2021
Saigon Hi-tech Park (SHTP) in District 9
According to Ho Chi Minh City People’s Committee, more foreign businesses are developing projects at Saigon Hi-tech Park (SHTP) in District 9 to become suppliers for Samsung Electronics’ CE Complex (SEHC) in the city.
As of February, four local companies and nine foreign-invested enterprises have been providing materials, spare parts, and accessories to SEHC.
Among them, Vija Technology JSC specialises in manufacturing automation equipment, industrial robots, precision mechanical details, and molds. Meanwhile, Daeyoung Electronics Vina Company manufactures and trades in electronic components and LED displays for household goods like refrigerators, washing machines, and air-conditioners. ....

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High-tech a bright spot in FDI picture


High-tech a bright spot in FDI picture
16:23 | 10/03/2021
Although the country’s registered foreign direct investment capital went down by 15.6 per cent on-year due to the pandemic, financial injections still managed to find their way to high-tech projects in the first two months of the year, showcasing the attraction of some of Vietnam’s industries and localities.
Foreign direct investment activity so far this year has been showing positive signs for the rest of 2021. Photo: Le Toan
Despite lockdowns in some provinces due to renewed COVID-19 outbreaks in the early months of the new year, foreign direct investment (FDI) attraction has seen several positive deals reported, especially in high-tech projects. ....

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