Vietnam’s process manufacturing attractive to foreign investors

Vietnam’s process manufacturing sector has to date attracted 252 billion USD in foreign direct investment (FDI), accounting for nearly 60% of the total foreign capital poured into the Southeast Asian country. According to the Foreign Investment Agency under the Ministry of Planning and Investment, there are currently 34,898 valid FDI projects worth 426.14 billion USD

Viglacera: Parent company’s profit reached 233% of the plan for the first 6 months of 2022, reaching 116% of the plan for the whole year

On July 4, 2022, Viglacera Corporation – JSC held a meeting to evaluate the results of production and business activities in the first 6 months of 2022. With the positive results achieved, Viglacera is closely following and exceeding the profit target approved by the General Meeting of Shareholders. Mr. Nguyen Anh Tuan – Deputy General

Thuan Thanh 1 Industrial Park: A bright spot of investment attraction in Bac Ninh Province

Starting in February 2022, Thuan Thanh 1 Industrial Park has a scale of nearly 250 hectares, with a total investment of nearly VND 3,000 billion. The industrial park has a favorable geographical location, near important traffic hubs such as National Highway 17 and National Highway 38, which makes it convenient to travel from the IP

Tien Hai Industrial Park (Thai Binh) attracts investors

The 43km-long coastal highway through Thai Binh province, expected to be completed in May 2023, will promote connections from Thai Binh to other provinces in the North Coast Economic Corridor. This is also the “motivation” for Viglacera’s Tien Hai Industrial Park (IP) to become a bright spot to welcome investment in the future. Located in

Viglacera actively implemented investment promotion in the first six months of 2022

In the first half of 2022, Viglacera Real Estate Company continuously promoted investment attraction activities and expanded cooperation with countries through online and direct investment promotion programs. Thanks to this, the Company connected with more than 500 domestic and international investors from the United States, Korea, Cuba, etc. Korean investors were interested in and learned

Vietnam to Increase Regional Minimum Wage from July 2022

Deputy Prime Minister Pham Binh Minh signed Decree No 38/2022/ND-CP on June 12 after reaching an agreement with the relevant government agencies and labor representatives. Vietnam is set to increase regional minimum wages by an average of 6 percent from July 1, 2022, Under the decree, the minimum monthly wage will be raised by six