The authorities in the northern province of Thai Binh have stepped up work in investment attraction and easing obstacles for firms in a practical and effective manner.
At the Thanh Phat leather and footwear export limited company in Thai Binh city's Vu Lac commune (Source: socongthuong.thaibinh.gov.vn)
Hanoi (VNA) – The authorities in the n♌orthern province of Thai Binh have stepped up work in investment attraction and easing obs༺tacles for firms in a practical and effective manner.
As heard at a meeting of the provincial People's Committee on the socio-economic situation in August and the first eight months of the year, in August, despite complicated developments of COVID-19, under the authorities’ drastic direction, the local people's health and safety were ensured, while stable economic development was sustained.
Thai Binh’s August industrial production value increased by 1.8 percent compared to July and increased by 35.9 percent on-year. The value amounted to over 48.6 trillion VND (2.13 billion USD) during January – August, up 13.6 percent annually.
Also in the eight-month period, the province’s total budget revenue was estimated at 14,287 billion VND, equaling 97.6 percent of the plan for the period, and growing 8.6 percent over the same period last year.
By August 20, Thai Binh had approved and adjusted investment policies for 49 projects, with their freshly and additionally registered capital exceeding 10.3 billion VND.
Nguyen Khac Than, Vice Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee, has requested all-level competent agencies and sectors to focus on COVID-19 prevention and control, direct agricultural production, and conduct measures for natural disasters prevention and control.
Attracting investment, tackling difficulties for enterprises, and speeding up the disbursement of public investment and the building of a medium-term public investment plan and a public investment plan for 2022 are also necessary, the official added./.
The northern province of Thai Binh has rolled out policies in promoting the development of the industrial sector at large and supporting industries in particular, with priorities given to garment-textile, mechanics and electrical/electronic devices.
The northern province of Thai Binh is focusing its efforts on implementing a COVID-19 vaccination campaign as part of the biggest-ever national vaccination campaign that was launched in July.
The People’s Committee of the northern province of Thai Binh has signed a memorandum of understanding (MoU) with the Vuon Thoi Dai Vietnam (Times Garden Vietnam) JSC on cooperation in planning work for the province in the 2021 - 2030 period, with a vision to 2050.
With a score of 64.02 points, the northern province of Thai Binh has improved the Provincial Competitiveness Index (PCI) ranking by jumping to 25th out of 63 provinces and cities nationwide last year from 36th in 2006.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.
At the Thanh Phat leather and footwear export limited company in Thai Binh city's Vu Lac commune (Source: socongthuong.thaibinh.gov.vn)
