HCM City calls for investment in hi-tech agricultural parks
Ho Chi Minh City is expanding its High-Tech Agricultural Park to 570 hectares in 2020 and at the same time offering numerous preferential policies to attract investors in the park’s new facilities.
Ho Chi Minh City (VNA)🌟 – Ho Chi Minh City is expanding its High-Tech Agricultural Park to 570 hectares in 2020 and at the same time offering numerous preferential policies to attract investors in the park’s new facilities.
The information was released at an investment promotion conference in the southern hub on November 11.
According to Dinh Minh Hiep, head of the park’s management board, work is underway to build four new facilities, which, once finished, will add a total 482 hectares to the current high-tech farming area of 88 hectares.
Among these projects are a 200-hectare hi-tech farm in Pham Van Coi commune, Cu Chi district, and a 170-hectare animal husbandry farm in Pham Van Hai commune, Binh Chanh district.
A 89ha facility dedicated to aquaculture is being built in Long Hoa commune, Can Gio district, while a 23ha expansion is under way in Phuoc Vinh An commune, Cu Chi district.
Investors in the expanded projects will benefit from not only State preferential policy but also specific incentives of the city, including the use of land and water surface free of charge for 11 years starting from the official date that a project become fully operational.
Many of their outlay categories are subsidized, including the subsidisation of 70 percent of domestic labour-training and waste treatment costs as well as 50 percent of advertising and trade-fair participation expenses.
The Ho Chi Minh High-Tech Agricultural Park began operational in 2010, with 11 demonstration cultivation models meeting international standards established. The park also transferred advance technologies local organisations and farmers.-VNA
Problems associated with transfer of high-tech applications need to be solved to help promote the growth of the HCM City High-Tech Agricultural Park (HHAP), heard a seminar held in HCM City on August 15.
Hi-tech agricultural zones in each region of the country would contribute to improving the competitiveness of the agricultural sector once the TPP agreement takes effect at the end of 2017.
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.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
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.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
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)
