On March 23, 2022, the Standing Committee of the National Assembly approved a Resolution No. 17/2022/UBTVQH15 on the annual and monthly overtime hours of employees while ensuring COVID-19 prevention and control and socio-economic recovery and development.

According to the Resolution, an employer may assign employees to work overtime for 200-300 hours per year if it is agreed by the employees, except for the following cases:

– Employees aged between full 15 and under 18;

– Employees with mild disabilities with work capacity reduction of least 51% or employees with severe disabilities or extremely severe disabilities;

– Employees doing arduous, hazardous, dangerous or extremely arduous, hazardous or dangerous works;

– Female employees in their 7th month of pregnancy onward (or in the 6th month of pregnancy onward in case they work in the highlands, remote areas, bordering areas or islands);

– Female employees nursing children under 12 months old.

This document comes into force from January 01, 2022 and does not apply to the cases specified in Clause 3 Article 107 of the Labor Code.

Source: chinhphu.vn

On March 24, 2022, in Quang Yen town, Quang Ninh province, Viglacera Corporation – JSC held the Groundbreaking Ceremony of the housing project for workers and experts in Dong Mai Industrial Park.

The event marks the next important step in 2022 for the Corporation, continuing to affirm the leading enterprise of the construction industry; the prestigious brand not only in the field of production of building materials but also in industrial park infrastructure investment, real estate investment, social housing development, especially housing for industrial workers.

Attending the groundbreaking ceremony were Members of the Central Committee of the Party, Minister of Construction Nguyen Thanh Nghi and Secretary of the Quang Ninh Provincial Party Committee Nguyen Xuan Ky, representatives of the leaders of the Provincial Party Committee, People’s Council and People’s Committee of Quang Ninh Province; Leaders of departments of Quang Ninh province; Leaders of the Party Committee, People’s Committee of Quang Yen Town; the comrades representing leaders of Departments and Departments of the Ministry of Construction, central and local press and television agencies; representatives of local government and people; Leaders of Viglacera Corporation and enterprises participating in investing in Dong Mai Industrial Park.

Viglacera Corporation has more than 20 years of experience in industrial park (IP) development in Vietnam, with 12 IPs with more than 4,000 hectares of leased land attracting more than 300 domestic and foreign investors. Among them are large and high-tech manufacturing corporations, multinational corporations such as Samsung, Hyosung, Amkor (Korea), Canon, Yazaki, Toyoda Gosei (Japan), Foxconn (Taiwan), BYD (China), etc. with investment capital up to tens of billions of USD.

Viglacera focuses on developing synchronous infrastructure in IPs: technical infrastructure, service infrastructure and social infrastructure, full of other utility services, Viglacera’s IPs have affirmed its outstanding advantages in the business of industrial real estate and become the leading industrial park developer in Vietnam.

Minister of Construction Nguyen Thanh Nghi directed at the ceremony

Particularly in Quang Ninh, Viglacera Corporation – JSC is currently the investor of two infrastructure investment and business projects in Dong Mai Industrial Park (Quang Yen Town) and Hai Yen Industrial Park (Mong Cai City). These are two of the industrial zones identified by Quang Ninh province as a key attraction for strategic secondary investors.

In which, Dong Mai Industrial Park has an area of 168 hectares, has completed the construction of technical infrastructure and has attracted 23 production enterprises with a workforce of about 15,000 people; it is expanding with an expected scale of 149 hectares and carrying out procedures to prepare for project investment.

Deputy Secretary, Standing Vice Chairman of the Party Committee of Quang Ninh Provincial People’s Committee Cao Tuong Huy spoke at the ceremony

With a location right next to Dong Mai Industrial Park, Dong Mai Industrial Park’s housing project for workers and experts developed by Viglacera Corporation – JSC has a total area of 9.1ha, including 5 blocks of 6 floors with 1,000 apartments for workers and 72 low-rise houses for professionals working in Dong Mai Industrial Park. The apartment area is from 26 – 67 m2, including 1 – 3 bedrooms; the low-rise land area is from 82 – 90 m2 and the construction area is from 245 – 287 m2. The project is invested with synchronous technical infrastructure and full utilities such as green parks, kindergartens, public services plus, fire protection system, supermarket, clinic, pharmacy, etc.

Director of Construction Investment Projects Management Board of Viglacera Corporation Tran Anh Tuan reported on the project at the Ceremony

The project has a selling price of only 7.1 million VND/m2 and the apartment rental price is only from 31,500VND/m2/month, this will help employees “settle in and live happily” with a long-term commitment to enterprises in the industrial park and ensure the goals of economic development and local social security.

Groundbreaking Ceremony of Dong Mai Industrial Park Housing Project for workers and experts

By taking the initiative and taking the lead in investing in worker’s housing in industrial zones, Viglacera is making a great contribution to implementing guidelines and policies of the Government and the Ministry of Construction as well as Quang Ninh province on social housing development for workers, especially when the situation accommodation shortage is increasing with the speed of industrial development in Vietnam, thereby it is demonstrated Viglacera’s responsibility to the community as well as increases its attractiveness for industrial zones that Viglacera invests in.

Layout of residential area for workers and experts in Dong Mai Industrial Park

The housing project is fully invested with utilities such as green park, kindergarten and supermarket

HAI PHONG – The coastal road project in the Hai Phong – Thai Binh section is scheduled to open to traffic in early 2021, but only 35% of the volume has been completed so far.

The investment project to build a coastal road covering Hai Phong – Thai Binh section will be 29.7 km long, with 4 motorized lanes, and 2 non-motorized lanes, with a total investment of more than 2,460 billion VND in the form of Building –Operation – Transfer (BOT). In which, the section through Hai Phong city is 20.7 km long and the section through Thai Thuy district (Thai Binh) is 9 km long.

The project was started in May 2017, according to the plan it was expected to open to traffic in early 2021. However, the project has only completed 35.4% of the construction and installation (equivalent to VND 872 billion of the contract value).

The bridge over the Van Uc river with a length of nearly 2km belongs to the Hai Phong – Thai Binh coastal road project, is under construction on the side of Kien Thuy district, while the other side of Tien Lang district has not been constructed due to problems of site clearance and investors ’capital shortage. Photo: Giang Chinh

Mr. Huynh Van Hieu, Project Manager of Hai Phong Coastal Road Investment Co., Ltd., explained that it was difficult for businesses to access loans from banks and was facing problems in site clearance. As many as 1,523 households and organizations whose properties are in the area of land have basically agreed to receive compensation. However, some households have not received the compensation, even some have but they still want to make a petition about the compensation price and the origin of the land.

For example, 4 aquaculture households in Tien Lang district located in the clearance area for construction of the Van Uc river bridge have temporarily received more than VND 2.7 billion since 2019, but they have not yet handed over the site to the contractor for construction, even they are still claiming.

The first part of one kilometer long has been covered with asphalt. Photo: Giang Chinh

From the investor’s perspective, Mr. Do Anh Tuan, Director of Hai Phong Construction Investment Project Management Board, said that the project did not reach the signed schedule due to the dependence on bank loans. When the bank tightened the loan, the contractor almost stopped the construction.

Inspecting the construction of the route in mid-March, the Secretary of the Hai Phong’s Party Committee Tran Luu Quang affirmed that the coastal road project is an important traffic route related to the development of regional connectivity and national security. He required localities to focus on clearing land and arranging resettlement for affected people.

It is expected that the project will be completed and put into operation from June 2023, after the parties agree to sign the contract appendix in March 2022.

Source: VnExpress

Under unprecedented difficult conditions, Vietnam has overcome great challenges from the Covid-19 pandemic with the achievement of attracting FDI which is considered the “bright spot” of the national economic picture. By September 2021, Vietnam has 1,212 new projects, with a total newly registered capital of nearly 12.5 billion USD (up 20.6% over the same period last year). In which, Phu Tho contributed 900 million USD/31 billion USD from foreign investment, ranking 14th out of 63 provinces and cities. Phu Ha Industrial Park is considered a key industrial zone of the province, a potential destination for domestic and foreign investors.

In March 2022, Future Innovation Co., Ltd. decided to expand in Phu Ha Industrial Park. This is an enterprise of the Hong Kong electronics group, which has been operating a factory since November 2021. In less than 6 months of operation, the company quickly decided to lease more land in the same area to develop production. On an expanded area of 55,000m2, with a total investment of 30 million USD, Innovation will produce bluetooth wireless headsets and other products related to audio and electronic equipment, and supply them to Apple Corporation. This choice has shown the trust of the business to the investor, as well as affirmed the prestige of Viglacera Corporation.

Phu Ha Industrial Park has synchronous and modern technical infrastructure and services.

Started in 2015, Phu Ha Industrial Park has become a reliable address, continuously receiving attention from domestic and foreign investors, especially electronic and high-tech enterprises with a coverage of leasing land over more than 100ha. Among the investors, some can be mentioned such as company BYD Electronic (International) (China) pours 269 million USD into investment capital in manufacturing, assembling and repairing electronic devices for iPad; Asentec company (Korea) manufactures wheel speed sensors, power cables and components and spare parts for Hyundai cars; ActRo Vina company (Korea) manufactures and processes camera components for mobile phones and other electronic devices to export and supply to Samsung, LG, etc.; INOUE Rubber company (Japan) owns the tire brand IRC Tire with more than 90 years of experience in manufacturing all kinds of tubes and tires for two-wheeled vehicles including bicycles, motorbikes, wheelchairs, and 7 factories worldwide, supplying products to Honda Vietnam, Yamaha Vietnam and other assemblers, with a total investment of 60 million USD.

Factory in Phu Ha Industrial Park

Despite the complicated developments of the Covid-19 epidemic, the industrial zones developed by Viglacera are still the destinations of more than 40 domestic and foreign investors, successfully attracting large production and technology corporations, large corporations multinational companies such as Wiselead, Foxconn (Taiwan), BYD (China), Hyosung, Amkor (Korea), etc. with investment capital up to billions of USD, total leased area of more than 220 hectares. In response to optimistic forecasts about the economic recovery in 2022, Viglacera Corporation has been constantly making efforts to focus on site clearance and infrastructure improvement in order to promptly meet the land demand for industrial production and welcome the next wave of investment.

Phu Ha Industrial Park (Viglacera) with a scale of 350 hectares, is located in Phu Tho town, easily connected to Noi Bai – Lao Cai highway through Interchange (IC) 9, belongs to the economic corridor Hai Phong – Hanoi – Lao Cai – Kunming (China), near Ho Chi Minh road, convenient to move to Noi Bai airport (45 minutes), Hanoi center (1 hour) and surrounding areas. The industrial park has completed synchronous and modern technical and service infrastructure. In the future, the social housing area located right next to the industrial park is expected to provide 698 apartments, housing for 2,500 workers in the industrial park. With the above advantages, Phu Ha Industrial Park becomes one of the top choices for businesses wishing to expand production in the North.

For more information, please contact: Viglacera Real Estate Company – Phone: (+84) 888 25 22 88 | Website: www.viglaceraip.com