Hanoi (VNA) – Hanoi aims to build 30 more new industrial clusters by the end of2019.
According to the municipal Department ofIndustry and Trade, in January-June, the industrial value grew by 7.71 percentagainst the same period last year, contributing 1.51 percentage points to thecity’s gross regional domestic product (GRDP) growth of 7.21 percent.
Though the growth was lower than that of thesix-month period in 2018 (7.97 percent), the industrial production witnessed a strongrecovery in the second quarter, up 8.41 percent as compared to 6.94 percent inthe first quarter.
Hanoi is nowhome to 70 industrial clusters covering 1,337 hectares and having about 3,100 operationalproduction facilities.
Of which, there are three concentratedindustrial clusters, namely Chuong My covering 50 hectares, Son Tay 70hectares, and Phuc Tho 55 hectares.
This is the basic condition to develop craftvillages, rural economy, and call for investment to develop the city’sadvantageous industrial sectors.
In January-June, industrial parks attracted sixnew investment projects with total registered capital of 1.9 million USD and 65billion VND (2.8 million USD) and 10 expanded projects worth 44.9 million USDand 240 billion VND (10.3 million USD).
Hanoi is the only locality in the country tobuild a policy on developing key industrial products. So far, the city hascreated 61 such products which have revenues of 1 trillion VND (43.2 millionUSD) or more.
Le Hong Thang, Director of the municipalDepartment of Industry and Trade, said the city has policies to develop supportingindustries and it welcomes investment projects using high and environmentallyfriendly technology in industrial parks and clusters.-VNA
The industrial production index of Hanoi in the first eight months of this year grew 7. 4 percent year-on-year , the Hanoi Statistics Department reported.
Hanoi has focused efforts on improving administrative procedures and business climate as well as priority mechanisms to develop industrial parks and attract more investments in its IPs this year.
Traditional craft villages of Hanoi are facing a shortage of labourers, especially skilled workers, reported Kinh te Viet Nam & The Gioi (Vietnam and World Economy) Magazine.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
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Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
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A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Illustrative image (Source: VNA) 
