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Developing industries and industrial zones

Update at: 28/07/2011 04:33:28

More than 60 percent of areas in industrial zones (IZs) and one-fourth of areas in industrial complexes (ICs) have been rented so far.


The information was announced at an international seminar on the development of industrial zones and complexes in Da Nang on July 27.


Since 1991, the country has established 260 IZs, more than 170 of which have been put into operation. IZs with an area of under 20ha account for nearly half, while IZs with an area of under 100ha make up one-fifth.


Coordination among foreign and domestic invested businesses is low, leading to weak competitiveness.


Vo Tri Thanh, Deputy Director of the Central Institute for Economic Research and Management under the Ministry of Industry and Trade, said that to further develop ICs, large international groups like Canon and Samsung need to increase their cooperation with domestic partners. He stated that by transferring technology which would help Vietnamese businesses to develop, competitiveness could be improved, thus contributing more to national GDP.

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