Binh Duong names priority sectors for investment

Dec 3rd at 16:15
03-12-2013 16:15:18+07:00

Binh Duong names priority sectors for investment

The southern province of Binh Duong has named six priority fields, while calling for investments in 2014.

The six fields are electrical-electronic industry, support industry, precision mechanics, the basic chemical industry, medical and pharmaceutical equipment and high-quality food processing.

Further, the province will encourage the application of technologies that help save energy, fuel and materials during production.

It also focuses on raising the amount of local content used in manufacturing products, as well as the value and competitiveness of products, minimising the use of labour, and developing industry in line with environmental protection.

More than US$1.2 billion has been poured into the province in 2013, driving its total FDI to nearly $19 billion, so far this year.

Foreign-invested projects in the province have been operating effectively, earning major production and export values, with strength in garments, wood products, footwear, electronics and food processing.

vietnamnews



NEWS SAME CATEGORY

Exports could top $133b by year end

Viet Nam could earn US$133.5 billion from exports this year, posting a 16.6 per cent rise year-on-year as it met 96 per cent of the 2013 target in the first 11...

E-Mart eyes 2015 retail chain roll-out

E-Mart, South Korea’s largest retailer is mulling over plans to open its first supermarket in Vietnam within the next two years.

Vietnamese goods faked in China, sold in Vietnam

Over the last fortnight, the chairman of Sakyo JSC, a consumer products maker based in Ho Chi Minh City, was shocked to receive complaints about its induction...

Thousands of workers won’t have Tet bonus

In the current big economic difficulties, businesses would have to fasten their belt and reserve limited budgets for Tet bonus for workers, according to the...

Slovakian firm builds brewery, thermal plant

The Slovakian BTG Holding Group has begun work on a 100 million euro (US$136 million) beer factory and thermal power plant in Hoa Binh province's Lac Thinh...

Relations with Thailand to develop

Bilateral relations between Viet Nam and Thailand can expect a boost in the areas of trade, investment and tourism, according to an official from the Ministry of...

New firms open with less capital

More than 71,000 businesses were established in the first 11 months of this year, a 9.5 per cent increase over the same period last year, according to the Ministry...

Tay Ninh attracts more than double last year's FDI

The southern province of Tay Ninh has thus far this year attracted 17 foreign-invested projects capitalised at US$504 million, over doubling the figure saw in the...

Viet Nam, Finland enhance trade

The business communities of Viet Nam and Finland plan to strengthen relations to enhance trade between the two countries, delegates said at a seminar themed "Doing...

Exporters neglect Malaysian market

Exporters have not fully exploited the potential of the Malaysian demand for food, a representative of the Malaysian Small and Medium Enterprise Association in Viet...


MOST READ


Back To Top