With Hung Yen province’s development orientations in high technology and energy, combined with Japan’s strengths, the two sides have great potential for cooperation.
Many investors from Singapore have expanded operations across sectors such as industry, energy, pharmaceuticals, and logistics in the northern province.
The Ministry of Construction has commented on planning to expand the Yen My II Industrial Park in northern Hung Yen province on an area of more than 313 ha. The master plan must ensure land is available for the development of housing, service facilities, and public utilities for employees working at the IP.
Northern Hung Yen province has approved the detailed construction planning of the Yen My Industrial Cluster in Yen My district, on an area of 47.7 ha. The cluster will support the production of electronics and motor vehicles, the high-tech industry, and projects using energy saving, clean technology.
The Prime Minister has approved the building of infrastructure at an eco-industrial park in northern Hung Yen province with total investment capital of VND1.788 trillion ($76.9 million). On 143 ha, the project is expected to be completed within 36 months.