In the atmosphere to welcome the new spring, on February 8, 2022 (ie, January 8 of the year of the Tiger), Viglacera Corporation – JSC solemnly held the Groundbreaking Ceremony of Thuan Thanh I Industrial Park project and launched New Year’s tree planting Spring Tiger in 2022. Simultaneously, construction of 2,000 apartments – Worker housing project in Yen Phong Industrial Park, Bac Ninh province has started.

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

Attending the groundbreaking ceremony were Minister of Construction Nguyen Thanh Nghi, Deputy Minister Le Quang Hung and representatives of leaders of Departments and Institutes under the Ministry of Construction; Provincial Party secretary of Bac Ninh Dao Hong Lan and representatives of leaders of Bac Ninh province, Thuan Thanh district, Yen Phong district; representatives of leaders of central ministries, leaders of Viglacera Corporation and enterprises participating in investing in Yen Phong Industrial Park…

To build Thuan Thanh I Industrial Park into a modern, high-tech and sustainable eco-system

Possessing a prime location in many cities and provinces, Viglacera’s industrial park offers a variety of options for investors to suit the needs and specific purposes of each business. Particularly in Bac Ninh, Viglacera has been investing in 5 industrial parks including Tien Son Industrial Park, Yen Phong I Industrial Park, Yen Phong Expanded Industrial Park, Yen Phong 2C Industrial Park and Thuan Thanh I Industrial Park.

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

With a scale of nearly 250 hectares, Thuan Thanh I Industrial Park has been approved by the Prime Minister for investment policy in Decision No. 210/QD-TTg dated February 17, 2021, with a total investment of nearly 3,000 billion VND. Thuan Thanh I Industrial Park invested by Viglacera Corporation is a new industrial park in Bac Ninh province invested and built in the direction of modernity and high technology to promote economic development of Thuan Thanh district and Bac Ninh province.

Thuan Thanh I Industrial Park has a convenient geographical location, near important traffic hubs such as National Highway 17, National Highway 38, Ring Road 4, very convenient to Noi Bai International Airport, Cat Bi, Van Don and go to Dinh Vu seaport – Hai Phong, Cai Lan seaport – Quang Ninh. In addition, the industrial park has modern and synchronously developed technical and service infrastructure. Thuan Thanh I Industrial Park will be a multi-functional industrial park, focusing on attracting multi-sector investment, mainly in supporting industries, electronics, information technology, household goods, machinery and equipment, and non-polluting industries, environmentally friendly… towards a sustainable ecological industrial park.

Minister of Construction Nguyen Thanh Nghi directed at the ceremony

Notably, the industrial park has a long operating time and is ready to hand over land from the second quarter of 2022.

Besides, right next to the industrial park, Viglacera plans to build a residential area for experts and workers with a scale of about 30.5 hectares to support workers and businesses in the industrial park.

Provincial Party secretary of Bac Ninh Dao Hong Lan spoke at the Ceremony

Appreciating Viglacera’s achievements over the past time, Ms. Dao Hong Lan – Provincial Party secretary of Bac Ninh said: During 25 years of establishment and development, implementing the orientation to build Bac Ninh province into a modern industry province, the province has focused on developing the infrastructure of industrial parks to collect and attract investors from 38 countries and territories around the world. Bac Ninhhas invested and implemented the industrial development strategy, including the development of the high-tech industrial, electronics industry. Up to now, Bac Ninh has 16 industrial parks with a total area of ​​6,398 ha, put into operation 1,725 ​​projects (nearly 80%) with a total capital of about 22.2 billion USD…

In order for the Thuan Thanh I Industrial Park project to ensure on schedule and achieve high efficiency, Secretary Dao Hong Lan proposed to assign the Party Personnel Committee of the Bac Ninh Provincial People’s Committee to direct the departments and agencies of the Thuan Thanh District People’s Committee to continue creating favorable conditions for the investor to soon complete the project according to the set schedule; focus on speeding up the clearance of the remaining area of ​​the industrial park and putting it into use according to the approved plan; At the same time, the investor, the project management unit of the IP is urgently completing the technical infrastructure of the IP, ensuring the best quality, safety and construction time in accordance with the provisions of law…

Groundbreaking Ceremony of Thuan Thanh I Industrial Park – Bac Ninh and Launch of Tree Planting Festival Tiger Spring 2022

In addition, Thuan Thanh district departments and agencies actively coordinate with provincial authorities as well as project investors to create a common consensus for adjacent projects; continue to attract large investors to create widespread influence, build Thuan Thanh I Industrial Park with high quality and improve competitiveness in attracting investment…

Believing that, with the attention and facilitation of the central agencies, the drastic direction of the provincial leaders and with the capacity, responsibility and efforts of Viglacera along with the companion and support of all levels. Bac Ninh’s government committees, agencies and branches, Thuan Thanh I Industrial Park will be completed on schedule with high efficiency, making an important contribution to investment attraction and socio-economic development of Bac Ninh province.

In harmony with the general joy of the whole country on the working day to open the Lunar New Year 2022, Viglacera Corporation launched the Spring Tree Planting Festival 2022 in response to Uncle Ho’s teaching “Cultivation of the soil serves 10 years’ interest”. This is also Viglacera’s message to a green future, a good new beginning for the movement of planting trees, taking care of the landscape, protecting the environment, contributing to building a comprehensive and sustainable country.

There will be 2,000 more apartments for workers in Yen Phong Industrial Park

Along with the above event, Viglacera Corporation – JSC held the groundbreaking ceremony to build 2,000 apartments – Worker housing project in Yen Phong Industrial Park, Bac Ninh province.

Groundbreaking ceremony for the project of 2000 apartments – Housing for workers in Yen Phong Industrial Park, Bac Ninh

With the goal: employees are both the subject and the center of the development, so investing in housing for employees is a very necessary task, 2,000 apartments started today will serve about 10,000 workers are labors and experts in Yen Phong Industrial Park, Yen Phong district, Bac Ninh province.

The project includes many types of apartments from 1 to 3 bedrooms with prices from only 8.5 million / m2, with synchronous utilities such as cultural institutions (including health centers, cultural centers, kindergarten, outdoor sports field), supermarket, etc; Modern service quality: Lobby, corridor, elevator are installed with security camera system, announcement speaker system; elevator system using magnetic card to control; Standard fire protection system.

Minister of Construction Nguyen Thanh Nghi and Provincial Party secretary of Bac Ninh Dao Hong Lan visited the housing area and highly appreciated the project of Viglacera Corporation

Once completed and put into use, the project will contribute to improving the quality of life, solving the problem of accommodation for workers, indirectly supporting costs and creating abundant human resources for existing businesses are using a lot of labor in production in the industrial park.

Speaking at the ceremony, Minister of Construction Nguyen Thanh Nghi said that the Party and Government are very interested in promoting the development of social housing, especially housing for workers in concentrated industrial parks; implementing the National Housing Development Strategy to 2020, with a vision to 2030, by the end of 2021, the whole country has completed 266 social housing projects in urban areas, continuing to implement 278 projects in which 121 social housing projects for industrial park workers have been completed, with a scale of about 54 thousand apartments and are continuing to implement about 100 housing projects for workers with about 134 thousand apartment.

Implementing the policy of the Party and State, right in the early days of the new year, with the attention, facilitation and active support of the Party committees and authorities of Bac Ninh province, Viglacera Corporation has started construction of 2,000 apartments and houses for workers and experts in Yen Phong Industrial Park. The Party Personnel Committee, the leaders of the Ministry of Construction recognized, appreciated and praised the Corporation’s efforts, sense of responsibility, initiative, quickness and decisiveness in responding to policies and promptly implementing policies and guidelines for social security of the Party and State.

Viglacera Corporation is one of the key and leading enterprises of the Ministry of Construction, with a high brand and reputation in the field of building materials production. Following the direction of the Party Committee and the Leaders of the Ministry of Construction, Viglacera has changed directions in investment in the fields of urban development, housing, industrial parks, and has had great success, becoming a brand reputable brand in this field with many typical and effective projects to develop industrial parks, social housing and housing for workers.

The launching ceremony of planting trees for the Spring of the Tiger year 2022 organized by Viglacera Corporation today is even more meaningful when associated with the Groundbreaking Ceremony of Thuan Thanh I Industrial Park Project and the Groundbreaking Ceremony of 2,000 apartments – Project of housing for workers and experts in Yen Phong Industrial Park, Bac Ninh.

Minister of Construction Nguyen Thanh Nghi and Provincial Party secretary Bac Ninh Dao Hong Lan offer gifts to workers of Yen Phong Industrial Park on the occasion of the beginning of Spring of the Year of the Tiger 2022.

The promotion of starting construction of both projects at the same time has demonstrated the strategic thinking and high sense of responsibility of the leaders of Viglacera Corporation in connecting and directly contributing to the cause of socio-economic development. The local society goes hand in hand with taking care of the material and spiritual life of the workers in the industrial parks in particular and the cause of ensuring the social security of the locality in general.

With accumulated capacity, experience and positive results achieved in investment activities of Viglacera Corporation, Minister Nguyen Thanh Nghi believes, Thuan Thanh I Industrial Park Project and Residential Area Project Workers and experts of Yen Phong Industrial Park in Bac Ninh will quickly complete and put into use on schedule and achieve the set quality and efficiency.

In the coming time, the Ministry of Construction hopes that the Party Committee and authorities of Bac Ninh province will continue to pay attention and create conditions to continue developing social housing, especially housing for workers in the province.

At the same time, the Minister suggested that Viglacera in particular and companies and enterprises in general pay more attention to investment and development of social housing and housing for industrial park workers. The Ministry of Construction will continue to work with localities and businesses to remove difficulties and obstacles in the development of social housing, social housing for workers…

With the initiative in investing in construction of workers’ houses in industrial parks, Viglacera contributes to the implementation of guidelines and policies of the Government and the Ministry of Construction as well as Bac Ninh province on social housing and housing development for workers, especially when the situation of workers lack of stable accommodation is increasing with the speed of industrial development in Vietnam, thereby demonstrating Viglacera’s responsibility to the community as well as increasing the attractiveness for Industrial parks that Viglacera invests in.

Singapore-based real estate investment management company GLP has established the GLP Vietnam Development Partners I with an investment of $1.1 billion, the biggest ever logistics fund in Vietnam.

The fund will focus on developing six modern and environmentally-friendly logistics facilities with a total land area of nearly 900,000 square meters in Hanoi and HCMC.

Cargo waiting to be shipped at the SP-ITC International Container Terminal in HCMC. Photo courtesy of ITC

According to GLP, a leading global investment manager and business builder in logistics, data infrastructure, renewable energy and related technologies, GLP VDP I is one of the largest logistics development funds in Southeast Asia.

The fund has received commitments from many investors in Asia, Europe, North America and the Middle East representing pension funds, sovereign wealth funds and insurance companies, including APG Asset Management and Manulife.

The Singapore-based company entered Vietnam in 2020 through SEA Logistic Partners, a GLP-backed industrial and logistics facility development and operation platform with focus on Southeast Asia.

According to Agility’s 2021 emerging market logistics index report, Vietnam is among the top 10 leading emerging logistics markets with an index of 5.67 and an expected compound annual growth rate of 7 percent in the 2021-2026 period.

Source: VnExpress

On January 20, 2022, Amkor Technology Group, INC (Korea), the world’s leading semiconductor material producer, officially successfully signed a land lease contract with a total investment of 1.6 billion USD in Yen Phong 2C Industrial Park (Bac Ninh Province) invested and developed by Viglacera Corporation – JSC.

On an area of 230,000 m2, Amkor Technology, INC will manufacture, assemble and test semiconductor materials, providing strategic partners with leading electronics companies such as Qualcomm, Samsung, NVIDIA, Foxconn, Broadcom, LG, SK Hynix. The project is expected to start construction in the first quarter of 2022 and put in operation at the end of 2023.

Mr. Tran Ngoc Anh – Director of Viglacera Real Estate Company awarded the Land leasing Contract to the Representative of Amkor Technology Group, INC.

Amkor Technology Group, INC took photos with representatives of Viglacera Corporation – JSC

The factory in Yen Phong 2C Industrial Park is the smartest, most modern factory in the group’s global assembly and testing system, focusing on bringing advanced assembly and system testing solutions in a package (Advanced System in Packages -SiP). The project is also the premise to bring the industrial park in particular and Bac Ninh province in general to appear on the world map for semiconductor manufacturing, attracting more large investors. Right from the beginning of 2022, auxiliary businesses of Amkor Technology Group, INC have started working with Viglacera to survey and research land lease in the nearest time.

Yen Phong 2C Industrial Park owns a prime location, outstanding infrastructure and clean land, it is ready to welcome enterprises to survey for factory construction.

Knowing that developing worker’s housing is Viglacera’s strength, Amkor Group has expressed interest and discussed with the investor the construction of a dedicated housing area for 6,000 employees in the future.

The working delegation directly visited the housing project for workers in Yen Phong Industrial Park.

During the period of the Covid-19 epidemic from the beginning of 2020, Viglacera has remained a reliable destination for more than 40 domestic and foreign investors, successfully attracting large manufacturing and technology corporations, multinational corporations such as Wiselead Company, Foxconn (Taiwan), BYD (China), Hyosung, Amkor (Korea), etc. with investment capital up to billions of USD and total leased area of more than 220 hectares. This is a testament to the determination and prestige of Viglacera Corporation – JSC to investors.

(*) Visiting Yen Phong 2C Industrial Park through 360 virtual reality tour: www.yenphong360.viglaceraip.com

Viglacera has been developing 11 industrial zones in Vietnam and one economic zone in Cuba, attracting nearly 15 billion USD of FDI from more than 300 domestic and foreign enterprises, creating jobs for tens of thousands of workers in the local area. Thanks to the advantage of location in many provinces, Viglacera’s Industrial zones bring diverse choices for investors, meeting the needs of each business. Industrial zones all have clean land and complete, synchronous, and modern infrastructure, getting ready to welcome businesses to rent and build factories.

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

Over 55 percent of Japanese companies want to expand their business in Vietnam in this and next year, according to a survey by Japan External Trade Organization (JETRO).

42.5 percent want to retain the same production scale in the country, the survey released Wednesday stated.

Customers seen at a Uniqlo store in Hanoi, March 2020. Photo by VnExpress/Giang Huy

The survey polled 4,600 Japanese companies globally, including 700 in Vietnam, in August and September last year when the country imposed strict social distancing rules to curb the spread of the Delta variant.

This shows that during the most difficult time last year, less than 2 percent of Japanese companies wanted to narrow their business in Vietnam and less than 0.5 percent sought to shift production to other countries.

Takeo Nakajima, chief representative of JETRO Hanoi, told a press briefing Wednesday there was a decline in the ratio of Japanese companies considering expanding Vietnam business compared to pre-pandemic times, but this is a global trend.

This ratio in Vietnam remains higher than the ASEAN average, he added.

Nakajima said although “labor quality” was a matter of concern for Japanese companies in other markets, it is not the case in Vietnam.

“Japanese companies highly value the quality of Vietnamese workers.”

Japanese firms have also been reporting increased appreciation for Vietnam’s improving regulations and administrative procedures, but this figure plunged during the survey period.

“We understand that was because the government had to make short-term changes to curb the spread of the pandemic. In the long run, businesses expect improvement in this matter,” Nakajima said.

He also added that at least 39 Japanese companies are considering expanding their business in Vietnam as part of the Japanese government’s intention to diversify its supply chain.

Most of these companies have already been present in Vietnam, but want to shift some of their manufacturing from other countries here, he added.

Japan was the third biggest foreign direct investor in Vietnam last year behind Singapore and South Korea. Its registered capital was nearly $3.9 billion, accounting for 12.5 percent of total.

Source: VnExpress