Hiep Phuoc Industrial Park is ready to welcome investors with 145 hectares of developed industrial land and 100 hectares of land under infrastructure development.

On the evening of January 20 (the 21st day of the 12th lunar month), Hiep Phuoc Industrial Park—the largest industrial park in Ho Chi Minh City—hosted the program “Celebrating Tet with Workers, Welcoming the Lunar New Year 2025.” This marks the 15th year that Hiep Phuoc Industrial Park has brought Tet celebrations to its workers.

During the event, Hiep Phuoc Industrial Park JSC, in collaboration with enterprises in the park, distributed 500 Tet gift packages to workers facing difficult circumstances.

Speaking at the program, Mr. Huynh Bao Duc, General Director of Hiep Phuoc Industrial Park JSC, stated:
“Our company is always ready to collaborate with Nha Be District People’s Committee and other departments in community activities to support local residents. As we enter 2025, the legal barriers related to land issues will be resolved. Hiep Phuoc Industrial Park is prepared to welcome investors to Nha Be District with 145 hectares of developed industrial land and 100 hectares under infrastructure development. This is a significant foundation and motivation for Hiep Phuoc Industrial Park to continue contributing to the growth of the local area and Ho Chi Minh City.”

Yen Binh 3 Industrial Park (Phu Binh District), with an investment capital of over VND 4,000 billion, has been granted its investment registration certificate, with a project duration of 50 years.

On January 20, according to Lao Dong Newspaper, the Management Board of Thai Nguyen Industrial Parks awarded the Investment Registration Certificate for the Yen Binh 3 Industrial Park Infrastructure Construction and Business Project.

The ceremony for awarding the Investment Registration Certificate for the Yen Binh 3 Industrial Park Project in Thai Nguyen. Photo: Thai Nguyen Electronic Information Portal.

The project, with a total investment capital of VND 4,139.39 billion, spans 295.34 hectares and is invested by BMK Group Joint Stock Company. It will be developed in two communes: Diem Thuy and Nga My (Phu Binh, Thai Nguyen), with an operating duration of 50 years.

As previously reported by Lao Dong Newspaper, Deputy Prime Minister Tran Hong Ha signed Decision No. 50/QD-TTg on January 8, 2025, approving the investment policy for the project.

Accordingly, the Ministry of Planning and Investment, along with other relevant ministries, is responsible for appraising and managing the project in compliance with legal regulations.

The People’s Committee of Thai Nguyen Province is tasked with ensuring the accuracy of the information, aligning land-use planning with the project’s requirements, and addressing land recovery, compensation, and resettlement issues in accordance with the law. It is also responsible for overseeing land-use changes within the project area.

Any land allocation or lease, particularly involving public land, must strictly comply with legal regulations to ensure no loss of state assets.

Bac Ninh Province has called for the acceleration of land clearance for Nam Son – Hap Linh Industrial Park and Dai Dong – Hoan Son Industrial Park (Phase II).

The Bac Ninh People’s Committee recently issued a statement summarizing the conclusions of Vice Chairman Le Xuan Loi during a meeting on the progress of land clearance for the following projects: Nam Son – Hap Linh Industrial Park, Dai Dong – Hoan Son Industrial Park (Phase II), and the Tri Phuong II Pump Station irrigation channel.

Inside an industrial park in Bac Ninh Province. Photo: Van Truong

The statement highlighted that Vice Chairman Le Xuan Loi chaired the meeting, which included representatives from provincial departments, agencies, local authorities, and organizations such as the Provincial Military Command, the Office of the Provincial People’s Committee, the Department of Natural Resources and Environment, the Department of Agriculture and Rural Development, the Bac Ninh Industrial Park Management Board, the People’s Committee of Tien Du District, the Bac Ninh Land Development Center, and relevant project management boards and investors, including Kinh Bac Urban Development Corporation and SaigonTel.

After listening to reports, suggestions, and feedback from the departments and stakeholders, Vice Chairman Le Xuan Loi concluded:

It is essential to accelerate land clearance for the above-mentioned industrial park infrastructure projects to prepare sites for upcoming projects in the industrial parks.

Key tasks assigned include:

• For the 25.17-hectare land clearance at Nam Son – Hap Linh Industrial Park, the Tien Du District People’s Committee must focus on determining land prices, assessing and approving compensation plans, and conducting outreach to residents. The goal is to complete the approval and compensation process before January 22, 2025.
• For the remaining area of Dai Dong – Hoan Son Industrial Park (Phase II) in Vinh Phu Hamlet, Phat Tich Commune, the Tien Du District People’s Committee will coordinate with relevant units and SaigonTel to encourage residents to relocate remaining graves, provide resettlement support, and finalize compensation and land recovery procedures to enable the investor to complete the park’s infrastructure.

Bac Ninh currently has 14 industrial parks and 26 industrial clusters in operation, employing nearly 450,000 workers.

In 2024, Bac Ninh’s foreign direct investment (FDI) inflows are estimated at $4.8 billion, the highest in the country.