CBD Robotics eyes 700-hectare hi-tech park in Binh Phuoc province

By Bao Long
Mon, September 12, 2022 | 4:12 pm GTM+7

Vietnamese company CBD Robotics has proposed building a 700-hectare high-tech park in the southern province of Binh Phuoc to make electronic components and software products.

The Intelligent Operation Center of the Binh Phuoc Provincial People’s Committee. Photo courtesy of the southern province’s portal.

The Intelligent Operation Center of the Binh Phuoc Provincial People’s Committee. Photo courtesy of the southern province’s portal.

Binh Phuoc Smart IT Park, the name the Ho Chi Minh City-based company proposed to provincial authorities late last week, is expected to host 15 main zones, CBD Robotics chairman Vo Huy Phuc told officials.

The zones would serve hardware component production; research and development of artificial intelligence software; advanced skills training (hardware and software); data centers; and the production of flying cars.

In addition, there would be areas for offices and high-tech consulting services; convention and shopping areas; residential areas and high-class apartments for experts, engineers and employees; a smart hospital; a university of technology; and an international high school.

Phuc has not disclosed investment estimates for his project, just expressing his hope that Binh Phuoc authorities would facilitate his company in finding a proper location and completing investment procedures needed at the soonest.

Binh Phuoc Vice Chairman Tran Van Mi assigned relevant provincial officials to work with the investor to find a project site, with the company to follow other required investment steps.

The province, which borders the industrial hub of Binh Duong near Ho Chi Minh City, is calling for investments into wood processing, furniture, food processing, processing goods from rubber latex, electronics, support industries, mechanics, machinery and equipment manufacturing, healthcare, education, trade, and services.

CBD Robotics specializes in software writing, software and computer security, and machine learning for robotics.

Comments (0)
  • Read More
VN-Index drops for fifth consecutive day despite strong economic data

VN-Index drops for fifth consecutive day despite strong economic data

Vietnam’s benchmark VN-Index dropped 17.55 points Thursday to 1,126.07, despite newly-released data showing the country’s nine-month GDP growth hitting 8.83%, a record high in 12 years.

Finance - Thu, September 29, 2022 | 5:18 pm GTM+7

Steel giant Hoa Phat starts operating $42 mln home appliance factory

Steel giant Hoa Phat starts operating $42 mln home appliance factory

Hoa Phat Group has begun production at its new home appliance factory worth VND1,000 billion ($42 million) in Ha Nam province.

Industries - Thu, September 29, 2022 | 4:28 pm GTM+7

Four major markets spend $27 billion importing phones, components from Vietnam

Four major markets spend $27 billion importing phones, components from Vietnam

The U.S., EU, China and South Korea imported nearly $27 billion worth of phones and components from Vietnam in the first eight months of the year, according to the Ministry of Industry and Trade.

Economy - Thu, September 29, 2022 | 4:06 pm GTM+7

Hai Phong aims to attract $15 billion in FDI for 2020-2025

Hai Phong aims to attract $15 billion in FDI for 2020-2025

The northern port city of Hai Phong seeks to build 15 more industrial parks totaling 6,200 hectares to attract $15 billion in foreign direct investment in 2020-2025.

Industries - Thu, September 29, 2022 | 3:13 pm GTM+7

Viettel picks Taiwan’s UfiSpace for massive 5G roll out

Viettel picks Taiwan’s UfiSpace for massive 5G roll out

Vietnamese tech giant Viettel has selected Taiwanese 5G solutions supplier UfiSpace to jointly deploy disaggregated cell site gateways for Viettel’s massive 5G rollout in Vietnam.

Industries - Thu, September 29, 2022 | 2:27 pm GTM+7

Ministry proposes inclusion of five coal-fired projects in new power plan

Ministry proposes inclusion of five coal-fired projects in new power plan

The Ministry of Industry and Trade has proposed that the government includes five coal-fired thermal power projects in the national power development plan VIII.

Energy - Thu, September 29, 2022 | 1:16 pm GTM+7

Vietnam’s nine-month GDP growth highest in 12 years

Vietnam’s nine-month GDP growth highest in 12 years

Vietnam’s economic growth of 8.83% year-on-year in the first nine months is the highest recorded in 12 years.

Economy - Thu, September 29, 2022 | 12:19 pm GTM+7

Vietnam a top five investment destination for Warburg Pincus: CEO

Vietnam a top five investment destination for Warburg Pincus: CEO

Vietnam is an increasingly attractive and important investment destination for U.S. firms, and one of the five most significant locations for Warburg Pincus, its CEO Charles Kaye said Wednesday.

Industries - Thu, September 29, 2022 | 11:05 am GTM+7

Tokyo Gas, Kyuden Group ink LNG power project pact

Tokyo Gas, Kyuden Group ink LNG power project pact

Japan's Tokyo Gas and Kyuden Group have inked a memorandum of understanding with Truong Thanh Vietnam JSC on jointly developing an LNG-to-power project with a phase-one capacity of 1,500 megawatts in northern Vietnam.

Energy - Thu, September 29, 2022 | 6:30 am GTM+7

VN-Index plunges to 19-month low amid broad selloffs

VN-Index plunges to 19-month low amid broad selloffs

Vietnam’s benchmark VN-Index dropped 22.92 points Wednesday, or 1.96%, to 19-month low of 1,143.62 points, due to broad selloffs of major stocks.

Finance - Wed, September 28, 2022 | 6:05 pm GTM+7

Deputy foreign minister fired in pandemic repatriation scam

Deputy foreign minister fired in pandemic repatriation scam

Deputy Foreign Minister To Anh Dung and Nguyen Quang Linh, assistant to Standing Deputy Prime Minister Pham Binh Minh, were fired Wednesday for violations related to repatriation of Vietnamese citizens during the pandemic crisis.

Politics - Wed, September 28, 2022 | 5:21 pm GTM+7

“Big 4” banks increase deposit rate

“Big 4” banks increase deposit rate

Biggest Vietnamese lenders Vietcombank, VietinBank, and Agribank have hiked their deposit interest rates by over one percentage point, after the central bank raised the deposit rate ceiling last week.

Banking - Wed, September 28, 2022 | 4:54 pm GTM+7

IFC to help HCMC in waste-to-energy prefeasibility study

IFC to help HCMC in waste-to-energy prefeasibility study

The World Bank’s investment arm IFC will assist Ho Chi Minh City authorities to assess the prefeasibility of developing an advanced waste-to-energy facility in the southern economic hub, the body said Wednesday.

Energy - Wed, September 28, 2022 | 4:25 pm GTM+7

Fed rate hikes challenge Vietnam’s FDI attraction drive

Fed rate hikes challenge Vietnam’s FDI attraction drive

International institutions have lowered their global 2023 growth forecasts following the Fed’s interest rate hikes. Experts fear that investment flows worldwide would leave emerging markets for developed countries. The Investor talks with Professor Nguyen Mai, chairman of the Vietnam Association of Foreign-Invested Enterprises (VAFIE), about possible impacts on Vietnam.

Executive Talk - Wed, September 28, 2022 | 3:05 pm GTM+7

Transport ministry seeks 10-lane southern Vietnam expressway

Transport ministry seeks 10-lane southern Vietnam expressway

The Ministry of Transport has asked state-owned Vietnam Expressway Development Investment Corporation (VEC) to consider widening Ho Chi Minh City-Long Thanh-Dau Giay Expressway to 10 lanes, instead of the eight proposed by the investor.

Infrastructure - Wed, September 28, 2022 | 2:05 pm GTM+7

Hai Phong begins construction of $38.5 mln industrial center

Hai Phong begins construction of $38.5 mln industrial center

Construction commenced Tuesday on the $38.5 million GNP Nam Dinh Vu Industrial Center at the Nam Dinh Vu Industrial Park in the northern port city of Hai Phong.

Industrial real estate - Wed, September 28, 2022 | 11:23 am GTM+7