Vietnam establishes 25 new industrial parks in first 5 months of 2021

Alex Chen, Taipei; Joseph Tsai, DIGITIMES Asia 0

In the first five months of 2021, 25 new industrial parks were established in Vietnam, a significant increase from the first-half 2020's six, according to research by US-based CBRE.

Vietnam has established a total of 394 industrial parks nationwide as of May 2021 with 286 of them currently in operation, providing jobs to 3.78 million people.

Former president of Vietnam's Central Institute for Economic Management (CIEM) Tran Dinh Thien pointed out that investment in the country is expected to turn robust in the upcoming years thanks to benefits from free trade agreements.