Hai Duong continues to create breakthroughs in attracting investment
The northern province of Hai Duong this year will continue to attract large domestic and foreign investors who have sufficient financial and technological capacities and strong management skills, according to local authorities.
PM Pham Minh Chinh visits a Ford Vietnam automobile assembly plant in Hai Duong. (Photo: VNA)
Hai Duong (VNS/VNA) - The northern province of HaiDuong this year will continue to attract large domestic and foreign investorswho have sufficient financial and technological capacities and strongmanagement skills, according to local authorities.
The province would also complete the list of projects calling forinvestment between now and 2030, Chairman of the provincial People's CommitteeTrieu The Hung said, adding that projects that might have risks of causingenvironmental pollution would not be prioritised.
Secretary of the provincial Party Committee Tran Duc Thang said theprovince focused on luring foreign investment in the fields of high technology,smart technology, biological industry, new materials, processing industry,manufacturing and supporting industries.
In 2024, the locality would continue to improve the quality andefficiency of business support services, deploy solutions to restructure thelabour market, associated with bettering the quality of labour training andfacilitate the cooperation between businesses and training institutions,authorities said.
They added that accelerating investment promotion activities andperfecting the investment and business environment would also be included.
By the end of November 2023, Hai Duong had attracted more than 1.13billion USD worth of foreign investment, over three times higher than the sameperiod last year, statistics from the provincial Department of Planning andInvestment revealed.
The province is now home to 540 foreign-invested projects with atotal registered capital of over 10.16 billion USD. Of the sum, 289 projects,worth above 5.98 billion USD, have been invested in industrial parks./.
The northern province of Hai Duong has been taking actions to promote lychee sales, as the specialty fruit of its Thanh Ha district is ripening in the latter half of May.
The northern province of Hai Duong has worked continuously to improve its investment environment, removing difficulties and creating favourable conditions to facilitate the operation of foreign direct investment (FDI) enterprises in the locality, the provincial leaders told representatives of 400 FDI firms based in the locality at a meeting on May 18.
Industrial parks (IPs) in the northern province of Hai Duong have attracted over 293 million USD in foreign direct investment (FDI) since the beginning of 2023, reaching 146.6% of this year’s set target, according to the provincial IP Management Board.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
PM Pham Minh Chinh visits a Ford Vietnam automobile assembly plant in Hai Duong. (Photo: VNA) 
