Deputy PM greenlights infrastructure investment at VSIP Lang Son IP
Deputy Prime Minister Le Minh Khai on May 15 signed a decision approving an investment policy for the construction and operation of infrastructure at VSIP Lang Son Industrial Park in the northern mountainous province of Lang Son.
Hanoi (VNA) - Depu🍸ty Prime Minister Le M🤡inh Khai on May 15 signeda decision approving an investment policy for the construction and operationof infrastructure at VSIP Lang Son Industrial Park in the northernmountainous province of Lang Son.
Theproject will be invested by the Vietnam Singapore Industrial Park Joint VentureCompany (VSIP). Itwill be located in Ho Son and Hoa Thang communes in Huu Lung district, covering a total area of 599.76 hectares, including about 200ha in the firstphase, around 250ha in the second phase and 149.76ha in the third phase. Itstotal investment is over 6.36 trillion VND (274.7 million USD), of which 954billion VND will be contributed by the investor. The project's operating periodis 50 years, starting from May 15, 2023./.
Prime Minister Pham Minh Chinh attended the ground-breaking ceremony of the Vietnam - Singapore Industrial Park (VSIP) No. 3 in southern Binh Duong province on March 19.
President of Singapore Halimah Yacob visited the Vietnam-Singapore Industrial Park (VSIP) in Tu Son city, the northern province of Bac Ninh, on October 18 as part of her ongoing State visit at the invitation of President Nguyen Xuan Phuc.
Chairman of the People’s Committee of the southern province of Binh Duong Duong Vo Van Minh had a working session with CEO of Semncorp Development of Singapore Kelvin Teo on January 12 to discuss the firm’s investment in Vietnam – Singapore industrial park projects in the locality.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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.
Illustrative image (Photo: baochinhphu.vn) 
