Japan’s Sojitz plans to build smart green industrial park in southern Vietnam
Japan’s multi-sector business Sojitz Corporation plans to build a smart green industrial park in Vietnam’s southern industrial hub of Dong Nai under a program run by the Japanese Ministry of the Environment.
A delegation of Sojitz made the proposal at a Wednesday meeting with Dong Nai province Vice Chairwoman Nguyen Thi Hoang, highlighting that the program has been deployed for five years in 13 nations. In Vietnam, there are similar projects in Hanoi, the central city of Danang, and the northern province of Quang Ninh, the delegation noted.
Dong Nai Vice Chairwoman Nguyen Thi Hoang (center) chairs a meeting with Sojitz in Dong Nai province, southern Vietnam, January 24, 2024. Photo courtesy of Dong Nai news portal.
Sojitz plans to connect Dong Nai with Kobe city in Japan's Kansai region thanks to their joint focuses on industry, seaports, and aviation.
Welcoming the proposal, Hoang said the project meets Vietnam’s development path, including the transition of industrial parks in Dong Nai into smart and green zones.
The Dong Nai government asked its industrial zones authority to cooperate with Sojitz on the project, per Sojitz’s suggestions of implementation in 2024-2026.
Dong Nai is now home to 33 industrial parks. Among them, 31 are operating; one is under construction, namely Long Thanh high-tech park; and one was established in July 2023, namely Long Duc 3 Industrial Park, according to the Dong Nai Industrial Zones Authority.
Long Duc 3 Industrial Park is also a Sojitz project, covering 244.5 hectares with an investment of VND1,800 billion ($74.1 million).
As of end-2023, industrial parks in Dong Nai had leased out 6,024.4 hectares, or 85.66% of their total areas. They have attracted 2,108 investments, including 1,456 foreign direct investment (FDI) projects with registered capital of $29.6 billion, of which $22.71 billion has been disbursed. Registered FDI reached $1.2 billion in 2023.
- Related News
- Read More
Indonesia expects 5% economic growth despite IMF forecast revision
Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down the national growth forecast to 4.7%.
Southeast Asia - Sat, April 26, 2025 | 10:58 am GMT+7
Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO
Vietnam’s largest dairy maker Vinamilk will not be significantly affected by U.S. reciprocal tariffs and global trade competition as its largest share lies in the domestic market, said CEO Mai Kieu Lien.
Companies - Sat, April 26, 2025 | 10:51 am GMT+7
Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025
Vietnamese electric vehicle (EV) manufacturer VinFast recorded robust revenue growth in its unaudited Q4 and 2024 financial statements, driven by strong vehicle deliveries despite global market uncertainties.
Companies - Sat, April 26, 2025 | 8:28 am GMT+7
Vietnam’s first rice husk-fueled biomass power plant inaugurated
A biomass power plant using rice husk and woodchips as fuel was inaugurated on Friday in Vietnam's Mekong Delta province of Hau Giang.
Southeast Asia - Fri, April 25, 2025 | 11:13 pm GMT+7
Bestway International launches $300 mln plant in southern Vietnam
Chinese group Bestway International has launched a $300 million investment project in Vietnam's southern city of Can Tho, signaling a significant boost in large-scale foreign investment for the Mekong Delta region.
Southeast Asia - Fri, April 25, 2025 | 11:10 pm GMT+7
Indonesia accelerates tariff talks with US
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has met with U.S. Secretary of the Treasury Scott Bessent to promote tariff talks with the U.S.
Southeast Asia - Fri, April 25, 2025 | 11:06 pm GMT+7
Swedish giant Syre strikes deal for $1 bln circular textile project in central Vietnam
Binh Dinh province and Sweden’s leading textile manufacturer Syre on Friday signed an MoU for a $1 billion polyester fabric recycling complex which aims to position Vietnam as the world’s first high-tech, circular textile hub.
Industries - Fri, April 25, 2025 | 10:53 pm GMT+7
Vietnam's major insurer PVI aims for billion-dollar revenue in 2025
PVI Insurance Corporation is endeavoring to achieve a billion-dollar revenue by end-2025, a significant milestone in its 30th anniversary year which will reaffirm its leading position in Vietnam’s non-life insurance market.
Companies - Fri, April 25, 2025 | 8:15 pm GMT+7
'Pangasius queen' Vinh Hoan optimistic about US market despite cautious business outlook
Leaders of Vinh Hoan Corporation, one of Vietnam’s top pangasius exporters, said they remain optimistic about the U.S. market despite cautious business scenarios.
Companies - Fri, April 25, 2025 | 4:40 pm GMT+7
Vietnam the market to focus on, instead of boosting export: Sabeco CEO
Vietnam, among the countries with largest beer consumption, is the market that Sabeco focuses on, instead of boosting exports, said its CEO Lester Tan Teck Chuan.
Companies - Fri, April 25, 2025 | 4:00 pm GMT+7
Thailand's data center services market to expand 8% in 2025
Thailand's data center services market is projected to grow by 8% this year to THB12.7 billion ($379.16 million), driven by rising demand for greater processing power to support companies' adoption of AI and enlarged data storage.
Southeast Asia - Fri, April 25, 2025 | 12:07 pm GMT+7
Vietnam's oil rig demand set to soar with new projects
Vietnam is projected to see a sharp rise in demand for oil and gas drilling rigs in 2025, underpinned by the accelerated implementation of a number of large-scale energy projects, including Dai Hung Phase 3, Su Tu Trang Phase 2B, and Block B - O Mon.
Southeast Asia - Fri, April 25, 2025 | 12:01 pm GMT+7
EU seeks to strengthen partnership with Vietnam in renewable energy, aerospace, telecom
The EU is looking to enhance cooperation with Vietnam across a range of sectors, including infrastructure, transportation, renewable energy, aerospace, telecommunications, and green transformation.
Economy - Fri, April 25, 2025 | 11:34 am GMT+7
Central Vietnam province to scrap 5 wind power projects over delays
Quang Tri province authorities say they will abolish five wind power projects, starting from May this year, due to their long delays.
Energy - Fri, April 25, 2025 | 11:04 am GMT+7
Vietnamese enterprises see growing agri export opportunities in Chile
Vietnamese businesses have a growing opportunity to expand their presence in Chile, particularly in the processing and export of agricultural products, thanks to free trade agreements and tax incentives.
Economy - Fri, April 25, 2025 | 9:50 am GMT+7
S Korea's SK Group keen on LNG power project in central Vietnam province Ninh Thuan
SK Group is eyeing to develop an LNG-fired power plant in Ninh Thuan province, home to Vietnam's future nuclear power plants, following its similar proposals in Nghe An and Thanh Hoa, all in central Vietnam.
Energy - Fri, April 25, 2025 | 9:24 am GMT+7
