In early 2018, the province lured two new foreign direct investment (FDI) projects worth USD 9 million, comprising a garment-textile company and a steel pipe producing company. Tien Giang will continue stepping up administrative reform and support businesses in investment law and climate, the official added. A garment-textile company in Tien Giang province The province is now home to 93 investment projects, including 66 FDI ones with total capital of more than VND 42.9 trillion (USD 1.89 billion). Those projects generate jobs for some 83,000 workers while occupancy rate at the provincial industrial parks has hit 64.29 percent. The industrial production value of firms operating in the province’s industrial parks since the beginning of this year exceeded VND 5.2 trillion (USD 230.83 million), up 21.77 percent year-on-year. Export turnover of those firms exceeded USD 180 million in the period, or an increase of 22.37 percent against the same time last year. Source: VNA
Tien Giang attracts most FDI in Mekong Delta Trung Chanh By Trung Chanh - The Saigon Times Daily CAN THO – Long An Province last year secured the top position in the Mekong Delta and ranked eleventh in the nation in foreign direct investment (FDI) commitments, neighboring Tien Giang overtook Long An in the first half of the year. In January-June Tien Giang’s FDI pledges amounted to US$103.19 million, which comes from fresh and operating projects, followed by Kien Giang with US$76.29 million and Long An US$73.99 million, says a report by the Foreign Investment Agency (FIA) under the Ministry…... [read more]
Tien Giang emerges as new investment destination By Quoc Hung - The Saigon Times Daily HCMC - The Mekong Delta province of Tien Giang is capturing strong attention from investors, local and foreign alike, with trillions of Vietnam dong pledged by investors at a conference there on Friday. Among the new investors are HCMC-based Khang Thong Construction, Trading, Service Joint Stock Company, which will spend VND1.1 trillion developing Binh Dong Industrial Park in the province, and Dai Ngan Co., Ltd., which will build a new urban center worth more than VND740 billion. Hong Kong-based Golden Resources Development International Ltd. obtained…... [read more]
The event was co-organized as part of the Vietnam-RoK Cultural Days in Tien Giang by the provincial People’s Committee, the RoK Consulate General in Ho Chi Minh City and the HCM City-based RoK Culture Institute. Doan Van Phuong, Director of the provincial Department for Trade and Investment Promotion, highlighted the province’s advantages and incentives for foreign investors, and pledged to create more favourable conditions for RoK investors to establish business in Tien Giang. Le Van Huong, Deputy Chairman of the provincial People’s Committee said that RoK businesses are involved in 14 out of 62 foreign direct investment (FDI) projects in…... [read more]
More than 1,300 local and foreign businesses participated in the event, making it the largest ever of its kind in the province.Of the pledged capital, VND3.18 trillion ($172.2 million) was committed from nine companies that also received investment licenses at the conference. They included the Golden Resources Development Ltd. from China's Hong Kong; Khang Thong Construction Trading and Service JSC; Tien Giang Investment and Construction JSC; Dai Ngan Co., Ltd.; Nguyen Tat Thanh College; Duc Viet Environment Technology JSC; Mekong Oil and Gas JSC; Dream Mekong Co., Ltd.; and Thien Ha Seafood Co., Ltd. The remaining capital will be sourced…... [read more]
Illustrative image (Source: VNA)
Tien Giang (VNA) –
The Mekong Delta province of Tien Giang has allocated nearly 23 billion VND (over
1 million USD) since the start of the year for flood prevention and natural disaster
mitigation projects.
Nguyen Thien Phap, head of the irrigation
and flood and storm prevention division under the Department of Agriculture and
Rural Development, the projects have focused on reinforcing dykes and dredging
irrigation canals.
Accordingly, 11 dykes and dams in
Cai Lay, Chau Thanh and Tan Phuoc districts and Cai Lay town have been
strengthened with a total budget…... [read more]
