Enterprises in export processing zones (EPZs) and industrial parks (IPs) should use high technologies to better manage manufacturing processes and improve product quality.
With its neighbouring provinces offering competitive land rentals and other incentives at industrial parks to attract investors, HCM City needs to step up its game too.
Experts have recommended a number of measures to increase foreign direct investment (FDI) in HCM City’s export processing zones (EPZs) and industrial zones (IPs).
Export processing zones and industrial parks in Ho Chi Minh City attracted about US$384 million in investment in the first six months of 2017, up 39% year on year, including nearly US$160 million of foreign investment, a rise of 24%.
Vocational training quality should be revamped to grapple with the demand of industrial parks (IPs) and export processing zones (EPZs), heard a conference in Ho Chi Minh City on May 26.
Industrial parks and export processing zones in HCM City attracted investment worth US$197.86 million in the first quarter of 2016, a year-on-year decline of 53.4%, according to the HCM City Export Processing and Industrial Zones Authority (HEPZA).
Between 60 and 70% of equipment and technologies used at export processing and industrial zones is outdated, resulting in products with low added value, the HCM City People's Committee has said.
The total capital invested in export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City in the first three months of 2015 exceeded US$381.7 million, up 48.5% from the same period last year.
(VOV) -The garment sector made up 85% of the total investment capital HCM City’s indusial parks (IPs) and export processing zones (EPZs) have attracted in the first quarter of this year.
Ho Chi Minh City has attracted a combined investment of US$2.5 billion in industrial parks (IPs) and export processing zones (EPZs) since 2011.
(VOV) - Ho Chi Minh City’s Industrial Parks (IPs) and Export Processing Zones (EPZs) have attracted more than US$480 million worth of investment over the past nine months, up nearly 50% compared to the same period last year.
(VOV) - The HCM City’s People’s Committee granted investment licenses to a number of new Japanese projects worth US$166 million in the city’s industrial parks (IPs), and export and processing zones (EPZs) on September 10.