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New industrial zones planning in Ho Chi Minh under consideration

According to the City Statistics Office of Ho Chi Minh City, in the first 5 months of 2021, the city received more than USD 1.34 billion of foreign direct investment (FDI) capital, down 16.52% over the same period last year. Specifically, in May 2021, there were 187 newly licensed projects with registered capital of 378.8 million USD, down 58.4% in number of licenses and 52.3% in capital over the same period last year. .

List of small industrial zones in Tay Ninh Province

Currently, in addition to large industrial parks (IPs) / industrial zones (IZs) in Tay Ninh province (South of Vietnam) such as Phuoc Dong Industrial Park that has been exploited for rent with thousand hectares, there are still smaller industrial parks in Tay Ninh province under operations, which may provide domestic and foreign investors with more choices.

Industrial parks in Tay Ninh province with 3 projects connecting the SouthEast region

In order to create a connection with the Southeast provinces and create momentum for Tay Ninh industrial zones in particular as well as the provincial economy in general, Tay Ninh will commence the construction of three transport projects connecting with the East region. Southern region, with a total investment of more than 4,500 billion dong in 2021.

Large industrial parks near Ho Chi Minh City, Vietnam | In Tay Ninh province

Currently, many domestic and foreign investors have been choosing industrial zones near Ho Chi Minh, of which the large industrial parks in Tay Ninh province seems to meet scale of industrial land for manufacturing investment. Currently, there are 6 industrial zones in Tay Ninh, Vietnam operating for industrial land leasing, of which Phuoc Dong Industrial Park (Go Dau District, Tay Ninh Province) is the largest industrial park near Ho Chi Minh.

Tay Ninh Industrial Zones benefit from the development of transport infrastructure

The development of key connected transport infrastructure has contributed to Tay Ninh's achievements in industrial development in the past 2020-2025 period. In 2020, the gross domestic product (GRDP) of Tay Ninh increased by 3.9% over the same period, although it did not meet the proposed Resolution (an increase of 8% or more), it was the highest result that the province could achieve and higher than the average growth rate of the whole country.

Development plan of Industrial Parks in Tay Ninh Vietnam (2021)

The Prime Minister has just approved the proposal of the Ministry of Planning and Investment to adjust and supplement the planning for development of industrial zones (IZs) in Tay Ninh province, Vietnam.

Vietnam manufacturing with opportunities from RCEP

Vietnam can be one of the countries receiving many benefits from RCEP when there are strong products such as agriculture and fisheries to meet the needs of most members. The RCEP Agreement will bring Vietnam economic benefits in the following aspects:

370 billion Dongs for a road preject connecting Tay Ninh and Binh Duong

The bridge and road project across the Saigon River connecting two provinces of Binh Duong and Tay Ninh, with a total cost of about VND 370 billion, is expected to be completed in 2021.

Vietnam Manufacturing Industry Overview

Industry is an important economic sector of Vietnam for many years

Ho Chi Minh City prioritize capital to complete connection of Ring Road No.3

The Ho Chi Minh Department of Transportation have proposed the City People's Committee, the Ministry of Planning and Investment and the Ministry of Transportation to prioritize public investment capital for the period of 2021 - 2025 to invest for closed loop of Ring Road 3 at Tan Van - Nhon Trach area.

Demand for warehouse rental in Vietnam 2020 - Strong growth in Covid-19 pandemic

Faced with the complicated spread of the Covid-19 pandemic, the niche demands such as automated logistics and cool/cold storage have been increasing dramatically. This development is not only at present, but will also gradually become an overwhelming trend.