[Oct 08 - 15 , 2019] Vietnam Weekly Industrial & Logistics Highlight

16-10-2019

The largest sorting center in Vietnam by 2020

Cafebiz

BEST Inc. cooperates with BW to build a 4.5ha sorting center with the most advanced technology available at BEST Inc. The sorting center is expected to come into operation by April 2020 and will be the largest automatic sorting center in Vietnam.

 

World’s largest zipper YKK starts the second plant in Vietnam

Vietnam Investment Review

YKK Vietnam Co., YKK’s local arm, established the plant in Dong Van III Industrial Zone in the northern province of Ha Nam, some 40km south of Hanoi, with the total investment of $59.9 million. The second plant began operating on October 1 with an expanded scale.
 

$7.6 million mechanical engineering factory opens in Vung Ang

VNA

An industrial factory manufacturing mechanical products, machinery, and spare parts was inaugurated at Phu Vinh Industrial Park inside Vung Ang Economic Zone in the central province of Ha Tinh on Sunday.

 

Thua Thien Hue approves new automotive manufacturing complex

VNS

Earlier this year, the central province also approved Kim Long Nam JSC to develop an auto manufacturing and assembly complex in this economic zone. The Kim Long Motors Hue complex spans approximately 160ha, with its first phase costing some $143.72 million.

 

Panasonic Life Solutions Vietnam builds the second factory in Vietnam

Vietnam Investment Review

The new industrial factory will begin operations in January 2021, covering 24,000 of the total 50,000 square meters of land gathered for future growth. Vietnam is considered a key market for Panasonic. Therefore, Panasonic Corporation will be investing over $45 million in Panasonic Life Solutions Vietnam’s second factory.

 

Two international container terminals to be built in Hai Phong

Vietnam Investment Review

Nearly VND7 trillion (US$300.8 million) will be invested on building two international container terminals in the northern city of Hai Phong’s Lach Huyen Port next year.

 

Hong Kong becomes the largest investor of Vietnam in nine months

Vietnam Net

Hong Kong (China) topped 109 countries and territories investing in Vietnam in the first nine months of this year with total capital of $5.89 billion, reported the General Statistics Office (GSO).

 

Vietnam’s economic growth poised to outperform Southeast Asia

Vietnam Net

While Vietnam’s economic growth is expected to ease to 6.7% in 2019, it is set to outperform the rest of Southeast Asia and remain the fastest growing economy in the region.

 

Vietnam’s industrial production hits a four-year high

Vietnam Investment Review

Vietnam’s industrial production in the first nine months of this year rose by 9.6 percent year on year, a four-year record, according to the General Statistics Office (GSO).

 
 

BW Industrial Development JSC

The Vietnam’s leading for-rent industrial developer

With a best-in-class management team, BW Industrial Development JSC is a fully integrated platform to capture the robust demand for modern Vietnam factories for-rent and warehouses for-rent. With an existing development of 380 ha across Vietnam, BW is currently providing multiple services including Ready Built Factory For RentLogistics Warehouse For Rent Built-to-suit Project in 14 locations in 7 industrial cities including Binh Duong, Ho Chi Minh, Hanoi, Dong Nai, Hai Duong, Hai Phong, Bac Ninh.

Thanks to our strong government relationships, we can offer tenants when investing in Vietnam a one-stop shop service from licensing to actual operation in the fastest timeframe.

Hotline: (+84) 28 710 29 000
Website: https://www.bwidjsc.com