Covering nearly 70 ha, the Quang Duc Industrial Cluster will feature infrastructure including transportation, electricity, water supply, and wastewater treatment.
An industrial cluster in Quang Ninh province. (Photo: quangninh.gov.vn)
Quang Ninh (VNS/VNA) – The northern province of Quang Ninh has established a new industrial cluster in Quang Duc commune to expand production space, attract investment, and create local jobs.
Covering nearly 70 ha, the Quang Duc Industrial Cluster will feature infrastructure including transportation, electricity, water supply, and wastewater treatment.
Green Park Industrial Cluster Investment JSC will serve as the project’s main investor.
The cluster will host businesses in processing, manufacturing, wholesale and retail and vehicle repair services.
In June, the province also set up two other clusters — Yen Tho in Hoang Que ward and Quang Thanh in Quang Duc commune - with a similar industrial focus.
These will also support warehousing and logistics, laundry services, computer and electronics repair and household production of consumer goods and services.
All new clusters are expected to begin operations by the end of July.
With these additions, Quang Ninh now has 13 industrial clusters covering over 630 ha.
The clusters aim to relocate polluting or improperly zoned handicraft production facilities from residential areas, improve environmental protection and fire safety, attract new projects, and generate employment for local communities./.
According to a report from the MPS, Vietnam currently manages over 400,000 individuals linked to drug use or post-rehabilitation oversight, or 0.4% of the country’s population, posing risks to social security and order.
Quang Ninh is an ideal strategic partner in the areas where Belgium has outstanding advantages, from clean energy, agricultural processing, and logistics to smart city building, said Andries Gryffroy, First Vice President of the Belgian Senate and President of the Belgian Vietnamese Alliance.
Local authorities have implemented a range of coordinated measures to boost tourism and service sectors, focusing on efforts to draw more visitors, especially international cruise tourists, and diversifying services and tour routes to Bai Tu Long Bay.
As head of the steering committee, PM Chinh reiterated the strategic direction outlined in the 13th National Party Congress, which emphasises the need to continue three strategic breakthroughs, with priority given to railway development and starting work on several sections of the North–South high-speed railway, improving transport connectivity with economic zones, industrial parks, seaports, and airports, and accelerating the pace of urban railway projects in Hanoi and Ho Chi Minh City.
Vietnam is playing a growing role in the US’s global supply chains while American businesses have contributed significantly to Vietnam’s economic transformation and development, according to Minister of Industry and Trade Nguyen Hong Dien.
Deputy Minister of Finance Nguyen Duc Chi said the upgrade would open doors for global funds eyeing exposure to one of Asia’s fastest-growing economies.
In addition to their own efforts, businesses and industries are calling for stronger policy assistance to accelerate green transition, expand market access, and boost long-term competitiveness.
Coming to the 2025 Korea Import Fair (KIF), Vietnamese firms are not only seeking buyers but also looking to gain deeper insights into consumer preferences and connect with strategic partners.
On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
The conflicts have caused serious disruptions to Israel’s external supply chains, leading to greater demand for a wide range of imported goods. As a result, Israeli enterprises are intensifying efforts to diversify sources of supply, including from Vietnam, to meet domestic consumption needs.
Scandals involving counterfeit goods, unsafe food and substandard pharmaceuticals not only cause economic losses but also erode public trust. On a global scale, verification and traceability are among the top criteria that businesses must maintain to ensure credibility, enhance competitiveness and meet stringent international trade standards.
Economists, both domestic and foreign, have noted Vietnam’s ability to maintain strong momentum, with ambitions to hit 8% growth in 2025 and 10% or more annually from 2026 to 2030.
Vietnam has so far mobilised more than 7 billion USD for its just energy transition agenda under the Political Declaration on the Just Energy Transition Partnership (JETP).
The dialogue offered Japanese businesses an opportunity to gain the most updated insights into Vietnam’s socio-economic landscape as well as its new policies, and to exchange views on potential future collaboration in various sectors.
The SBV has proactively assigned credit growth limits to credit institutions this year, and set an annual credit growth of 16% for 2025, with room for flexible adjustments depending on market conditions.
By June 2025, Vietnam's total credit had reached over 17.2 quadrillion VND (658.43 billion USD), up 9.9% from end-2024 and 19.32% year-on-year—the highest growth rate since 2023—signalling strong recovery in manufacturing, agriculture, and supporting sectors.
According to a report released by UOB's Global Economics & Market Research Unit released on July 8, Vietnam’s real GDP grew by a robust 7.96% year-on-year in the second quarter of 2025, significantly exceeding Bloomberg’s forecast of 6.85%, UOB’s projection of 6.1%, and the revised growth figure of 7.05% in the first quarter.
The planned issuance is expected to raise roughly 9 trillion VND (equivalent to 344.53 million USD), providing the national carrier with additional capital to improve liquidity, reinforce its financial foundation, and advance its post-pandemic recovery and growth strategy.
According to the Civil Aviation Authority of Vietnam (CAAV), in the first half of 2025, Vietnam's aviation industry served 41.3 million passengers, representing a 10% increase compared to the same period in 2024. Notably, the international market accounted for 23 million passengers, up by 13%, while the domestic maintained a steady 7% growth with 18.4 million passengers.
The country’s three major network providers – Viettel, VNPT and MobiFone – have so far deployed around 11,000 5G base stations, equivalent to 7.7% of existing 4G stations. These stations now cover all provinces and cities, reaching approximately 26% of the population.
In the first half of 2025 alone, Hanoi welcomed over 15.55 million visitors, up nearly 12% year-on-year. Of these, 3.66 million were international arrivals, marking a strong increase of 21.8%.
