Deli Group breaks ground for 270 million USD stationery factory in Hai Duong

18:27 | 29/09/2024 FDI Follow Ven.vn on

China’s Deli Group broke ground for its new stationery manufacturing plant at the Dai An Expanded Industrial Park in the northern province of Hai Duong on September 28.

The 270 million USD factory, covering an area of 21.2 hectares, is set to operate for 50 years. Once completed, it is expected to produce over 104 million stationery and household items made from paper and plastic annually.

Deli Group breaks ground for 270 million USD stationery factory in Hai Duong

China’s Deli Group breaks ground for its new stationery manufacturing plant in Hai Duong (Photo: VNA)

Additionally, the plant will manufacture more than 2.4 million electronic products, including personal computers, photocopiers, and shredders, as well as 22.5 million rubber products such as balls, sticks, and mats.

The anticipated revenue is estimated at around 5 million USD per year.

Founded in 1981, Deli Group is headquartered in China and has research and innovation centres in Germany and the United States. Deli is currently a leading enterprise with a diverse and high-quality product portfolio, popular in 140 countries and regions, including the United States, Europe, South America, the Middle East, and Southeast Asia.

Speaking at the groundbreaking ceremony, Deputy Prime Minister and Minister of Finance Ho Duc Phoc emphasised that this is a significant foreign direct investment (FDI) project, funded by one of China's leading companies, and expressed confidence that it will contribute positively to the province's development in the coming period.

To date, Hai Duong has attracted 584 foreign investment projects from 27 countries and territories, with a total capital of over 10.5 billion USD.

At the groundbreaking ceremony, Chairman of the provincial People’s Committee Le Ngoc Chau presented the investment certificate to Deli Group. On this occasion, Deli Group also donated 2.5 billion VND, including 2 billion VND in cash and 30,000 sets of school supplies, to the Vietnam Fatherland Front Committee of Hai Duong to support the province’s recovery efforts following the impact of Typhoon Yagi

Source: VNA

See more news

Foreign investment surpasses 24.78 billion USD in nine months

09:27 | 04/10/2024 FDI

Total registered foreign investment into Việt Nam has exceeded US$24.78 billion as of September 30, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Brescia province's business community interested in Vietnamese market

09:16 | 04/10/2024 FDI

Vietnamese Ambassador to Italy Duong Hai Hung on October 1 attended a business forum on Southeast Asian markets held in the city of Brescia in Northern Italy, at the invitation of President of the Federation of Employers (Confindustria) of Brescia province Franco Gusalli Beretta.

Long Son Petrochemicals complex starts commercial operation

15:14 | 03/10/2024 FDI

Long Son Petrochemicals (LSP)’s integrated petrochemical complex, the first of its kind in Vietnam, was put in commercial operation on September 30.

SpaceX plans to invest US$15 billion in Vietnam

09:23 | 26/09/2024 FDI

Tim Hughes, senior vice president for Global Business and Government Affairs of the US-based provider of spacecraft, satellite launch services, and satellite communications SpaceX, has said the corporation plans to invest US$15 billion in Vietnam.

Andre De Jong appointed as managing director of Bosch Vietnam

17:24 | 25/09/2024 FDI

(VEN) - Bosch Vietnam announced a leadership change for its managing director. Andre De Jong will succeed Dominik Meichle and assume responsibilities effective November 1, 2024.

Vietnam remains bright spot in foreign investment attraction in ASEAN

15:26 | 20/09/2024 FDI

Skilled workforce, a growing digital economy, competitive wages, and a sizeable regional market were among ASEAN’s top attractions to foreign investors, with Vietnam’s economic resilience being ranked foremost in attracting international firms, according to details given by HSBC experts.

Hanoi capitalises on advantages to attract FDI

10:26 | 13/09/2024 FDI

According to the Ministry of Planning and Investment, since the beginning of 2024, FDI has concentrated on provinces and cities with strong infrastructure, stable labour force, administrative reform efforts, and dynamic investment promotion activities. Among these, Hanoi has consistently ranked among the leading localities in the country for attracting FDI.

PM hosts Japanese multi-industry firm's chairman

15:07 | 12/09/2024 FDI

Prime Minister Phạm Minh Chính urged Mitsui & Co., Ltd of Japan to accelerate the implementation of the Block B gas-electricity project and expand its co-operation and investment in other sectors in Việt Nam, especially offshore wind energy development, during a meeting with its Chairman Tatsuo Yasunaga in Hà Nội on Wednesday.

Deputy PM pledges to facilitate operations of Hong Kong groups

16:13 | 10/09/2024 FDI

Permanent Deputy Prime Minister Nguyen Hoa Binh on September 10 held working sessions with representatives of some leading groups in Hong Kong (China) as part of his trip to Hong Kong for attendance at the 9th Belt and Road Summit.

Việt Nam attracts nearly US$21 billion in FDI in eight months

15:16 | 09/09/2024 FDI

According to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment, as of August 31, the total registered foreign direct investment (FDI) in Việt Nam reached over US$20.52 billion, representing a 7 per cent year-on-year increase.

Latest Most Read

Can Tho-Ca Mau expressway project must be completed by December 19: PM

21:49 | 20/04/2025 Society

The expressway, spanning over 110 km, connects Can Tho city with Hau Giang, Bac Lieu, Kien Giang, and Ca Mau provinces, complemented by 25.85 km of connecting routes.

PM applauds youth entrepreneurship at National Startup Day for Students

21:40 | 20/04/2025 Science - Technology

Since its inception seven years ago, Project 1665 has achieved significant milestones. All universities, academies, colleges, vocational schools, and 63 provincial/municipal Departments of Education and Training now have actionable plans to support student entrepreneurship.

Vietnam’s EV charging infrastructure key to green transition

15:30 | 20/04/2025 Economy

As the impacts of climate change and environmental pollution worsen, the Vietnamese Government is ramping up support for green transport, particularly electric vehicles (EVs). However, the rapid growth in EV adoption is outpacing the development of charging infrastructure.

Vietnam, China to deepen ties with strategic future vision

21:39 | 19/04/2025 Cooperation

Vietnam and China have agreed to elevate their comprehensive strategic cooperation to a more substantive and higher-quality level, according to Chinese Foreign Minister Wang Yi.

Ho Chi Minh City’s FDI rebound attracts high-tech giants

21:23 | 19/04/2025 Investment

Foreign direct investment (FDI) in Ho Chi Minh City has recently rebounded after a period of stagnation, with several major high-tech companies unveiling plans to invest in the southern hub, driven by the city's improved investment climate.

Urgent solutions for Vietnam’s durian export problem

18:09 | 07/04/2025 Trade

In Tien Giang Province, where durian is a key export, stakeholders are calling for urgent solutions to ensure the sector can adapt and remain competitive.

Flexible solutions needed to adapt to US new tariff policy: Official

18:39 | 07/04/2025 Economy

Hoai said the US's proposed reciprocal tariff of 46% on imports from Vietnam can have significant and multifaceted impacts on the Southeast Asian country’s exports and economic growth in the near future.

Foreign exchange rate to remain under control in wake of US tariff

18:52 | 07/04/2025 Economy

According to experts, to minimise exchange rate risks, the SBV should manage the rate flexibly, but not fix or anchor it because Vietnam's economy is deeply integrating towards it becoming a market economy, which requires flexibility.

Vietnam, Canada strengthen cooperation amidst global trade tensions

19:01 | 07/04/2025 Cooperation

Quebec leaders expressed their determination to bolster comprehensive cooperation with Vietnam as part of Canada's strategy to diversify markets and reduce its dependence on the US market.

Vietnam focuses on exporting high-value agricultural products to Northern European market

19:14 | 07/04/2025 Trade

According to the Vietnam Trade Office in Sweden, which is also in charge of Norway, Denmark, Iceland, and Latvia, in the context of the US imposing reciprocal tariffs on imports from many countries, Vietnam should expand its exploitation of the Northern European agricultural, forestry and fishery market.

Multimedia

Video Longform Infographic Photo

Proposed names for 34 provincial-level administrative units after mergers

16:42 | 16/04/2025 Infographic

On behalf of the Party Central Committee, on 12 April 2025, Party General Secretary To Lam signed and issued Resolution No. 60-NQ/TW of the 11th plenum of the 13th Party Central Committee. The Central Committee agreed on a policy to restructure provincial-level administrative units across the country, reducing the total to 34 units, comprising 28 provinces and 6 centrally governed cities.

Vietnam-China Comprehensive Strategic Cooperative Partnership

15:55 | 14/04/2025 Infographic

General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping is paying a State visit to Vietnam from April 14-15. This marks his fourth State visit to Vietnam as General Secretary and President of China, and his second visit within the same term. The visit coincides with the 75th anniversary of diplomatic relations between the two countries. It aims to strengthen the Vietnam-China Comprehensive Strategic Cooperative Partnership and elevate bilateral ties to a new height.

Vietnam's economy thrives in Q1 2025

16:45 | 12/04/2025 Infographic

In the first quarter of 2025, Vietnam’s economy showed signs of recovery, with several key indicators recording strong growth despite ongoing global uncertainties.

Infographic: Gold prices fluctuate following US retaliatory tariff announcement

21:45 | 04/04/2025 Infographic

On April 4, global gold prices fluctuated significantly, trading at 3,085 USD per ounce after US President Donald Trump announced new retaliatory tariffs on goods from different countries. In the domestic market, SJC gold bars and rings both saw a decline, trading at 101.3 million VND and 101.2 million VND per tael respectively.

Seven key missions of the National Data Association

20:07 | 30/03/2025 Infographic

The National Data Association has made its official debut and successfully held the 1st National Congress (2025-2030 term)in Hanoi recently.

Policy

14th National Party Congress’s draft documents more revolutionary, action-oriented, highly feasible: PM

16:31 | 16/04/2025 Policy

In the political repor, along with adding the learned lessons and forecasting the context and situation, it highlights the following viewpoints: ensuring development for stability, and stability for rapid and sustainable development of the country; promoting the comprehensive building and improvement of institutional frameworks for fast and sustainable development; addressing bottlenecks and obstacles in a timely and decisive manner; and unlocking all resources and mobilising all drivers of growth.

Party chief requires no disruptions to operations throughout restructuring process

16:12 | 14/04/2025 Policy

Party General Secretary To Lam noted that priority will be given to finalising guiding documents, amending the 2013 Constitution, and improving legal institutions and regulations to establish a robust legal framework for effective organisational apparatus streamlining.

District-level local governments to cease operations from July 1: draft law

16:53 | 13/04/2025 Policy

Vietnam's local government model will be restructured from a three-tier system to a two-tier one, with the district level eliminated.

Australian scholar praises Vietnam’s remarkable 50-year transformation

16:28 | 12/04/2025 Policy

Vietnam must always be able to evaluate its own strengths and weaknesses while pursuing a long-term strategic vision. The country can learn from other countries, but it must always pursue its national interests. This requires unity among the population, political stability, constant adaptability and critical innovation.

Industry & Trade

Hanoi to develop 254-million-USD industrial cluster

21:13 | 19/04/2025 Industry

Until 2030, Hanoi looks to have 159 industrial clusters covering a total area of 3,204 ha, expand five clusters established between 2017 and 2020 with a total area of about 45 ha, and build 21 new ones covering about 536 ha.

Vietnam sets ambitious targets in revised national power development plan

18:56 | 17/04/2025 Industry

The Vietnamese government has officially revised the eighth national power development plan, setting bold targets for electricity production and renewable energy adoption through 2050.

Prime Minister urges COMAC to support Vietnam in developing aviation industry

17:12 | 14/04/2025 Industry

The PM said that the Party and State of Vietnam always encourage major enterprises, representing high levels of science and technology of China, to participate in new investment projects and expand investments in the fields of road, railway and aviation infrastructure in Vietnam.

Steel industry seeks solutions amid tariff "shock"

17:12 | 13/04/2025 Industry

In the midst of the United States’ tariff “storm”, Vietnamese steel has been excluded because it has been already subjected to a 25% tariff since 2018. Nevertheless, over-optimism is ill-advised, as other countries facing barriers to the US market may redirect their low-priced steel to Asia and Vietnam, creating significant pressure on domestic steel.

Investment

Ho Chi Minh City’s FDI rebound attracts high-tech giants

21:23 | 19/04/2025 Investment

Korean firms encouraged to invest more in Vietnam’s energy sector

16:31 | 15/04/2025 Investment

The NA Vice Chairwoman praised KEPCO’s ongoing contributions to Vietnam’s energy landscape and encouraged the company to continue its role as a major investor, supporting the country’s technological advancement and energy development.

Public investment aimed to drive Vietnam’s economic growth

10:48 | 15/04/2025 Investment

(VEN) - Vietnam’s public investment disbursement in Q1/2025 showed positive signs, yet achieving the 95-percent disbursement target for the year remains a challenge.

Hue calls for investment in the Chan May – Lang Co Economic Zone

23:36 | 11/04/2025 Investment

The central city of Hue is calling for investment in many key projects within the Chan May – Lang Co Economic Zone for the period of 2025–2026, aiming to give a facelift to its important southern economic region.

Finance-Banking

National committee meets to accelerate ODA, concessional loan disbursement

14:43 | 15/04/2025 Finance-Banking

Deputy Prime Minister Bui Thanh Son has underscored the need to improve processes, streamline procedures, and capitalise on financial resources to support national development.

Vietnam accelerates rollout of 500 trillion VND credit package for infrastructure and technology firms

15:36 | 12/04/2025 Finance-Banking

The State Bank of Vietnam (SBV) held a meeting in Hanoi on April 10 to implement the Government’s directive on lending to businesses investing in infrastructure and digital technology.

Hong Kong paves way for Vietnam–China finance link

19:25 | 10/04/2025 Finance-Banking

Hong Kong (China) is stepping up its role as a vital financial conduit between Vietnam and China, leveraging its global financial hub status to deepen cross-border cooperation, said Robert Lee, a financial expert and Legislative Council member of Hong Kong.

Over 29 trillion VND in tax refunds issued

15:30 | 07/04/2025 Finance-Banking

According to the Ministry of Finance, the Tax Department issued 3,705 tax refund decisions in the first quarter of 2025, totalling 29.23 trillion VND (1.13 billion USD). This represents a slight increase, reaching 108% compared to the same period in 2024.

Environment

Vietnam's carbon market: Prudent approach to avoid costly outcomes

08:53 | 18/04/2025 Environment

According to experts, to ensure a harmonious balance between greenhouse gas (GHG) emissions reduction and economic development, it is essential to explore and assess different scenarios of design and governance options for Viet Nam’s carbon market.

Moc Chau Milk centers on green development and growth

16:06 | 17/04/2025 Environment

(VEN) - The Moc Chau high-tech dairy processing plant operates with a closed-loop production system, comprehensively integrating Industry 4.0 technologies in management and operations. This approach meets international standards, which helps protect the environment, conserves resources, and ensures sustainable development criteria.

Extra efforts requested to address forest fire consequences in Quang Ninh

16:56 | 16/04/2025 Environment

From the night of April 12 to the morning of April 13, two forest fires occurred in Ha Long city's Dai Yen ward, and Binh Lieu district's Binh Lieu town, damaging over 40 hectares of forests.

Hanoi to host major green growth summit this month

16:44 | 11/04/2025 Environment

Vietnam's hosting the fourth Partnership for Green Growth and the Global Goals 2030 (P4G) Summit reflects its push to meet climate commitments, slash emissions, and shift its growth model with global support.

Science - Technology

PM applauds youth entrepreneurship at National Startup Day for Students

21:40 | 20/04/2025 Science - Technology

Nuclear energy development to facilitate green transition: Conference

22:10 | 18/04/2025 Science - Technology

Deputy Prime Minister Nguyen Chi Dung emphasised that developing atomic energy, including nuclear power, is essential to achieving double-digit economic growth and supporting Vietnam’s green and digital transitions.

HCM City seeks stronger hi-tech cooperation with US, Japan, RoK

16:47 | 15/04/2025 Science - Technology

At the meeting, Director of HCMC C4IR Le Truong Duy shared the city’s vision to establish a world-class public-private technology exchange platform. This hub will serve as a gateway for cutting-edge technologies from the US, Japan, and the Republic of Korea to enter Vietnam, enabling collaborative innovation and creating valuable tech products for the global market.

Da Nang, RoK to train next generation of Vietnamese software experts

13:24 | 11/04/2025 Science - Technology

The collaboration between Vietnam – Korea University of Information and Communication Technology (VKU) and the Korea SMEs and Startups Agency (KOSME) leverages the robust infrastructure and networks of both sides to advance software talent development in Vietnam.

Society

Can Tho-Ca Mau expressway project must be completed by December 19: PM

21:49 | 20/04/2025 Society

The expressway, spanning over 110 km, connects Can Tho city with Hau Giang, Bac Lieu, Kien Giang, and Ca Mau provinces, complemented by 25.85 km of connecting routes.

HCM City makes strides in sustainable poverty reduction

16:49 | 13/04/2025 Society

HCM City reduced the number of poor and near-poor households by 69,914, or 2.7% of the total households during 2021-2025 period, said Nguyen Thi Hong Ha, Chief of the Office of the city’s Steering Committee for Sustainable Poverty Reduction.

Binh Dinh ramps up fight against IUU fishing

22:01 | 10/04/2025 Society

The provincial border posts and checkpoints are requested to strictly inspect 100% of vessels entering and exiting stations, prohibiting those without the necessary qualifications from departing.

Soc Trang province intensifies efforts to clamp down on illegal fishing

17:34 | 09/04/2025 Society

Since 2023, no vessel exceeding 24 metres has disconnected its tracking systems for more than six hours, and no vessel has lost connections for more than ten days. Particularly, no local vessels have been caught fishing illegally in foreign waters.

Vietnamese Brands

Vietnam Oil and Gas Group renamed Vietnam National Industry - Energy Group

22:18 | 10/04/2025 Vietnamese Brands

With this new name, Petrovietnam reaffirms that it is no longer solely a traditional oil and gas enterprise. It now positions itself as a national hub for industrial development, service innovation, and energy security, and is committed to sustainable development, technological modernisation, and ensuring energy stability for the nation.

Vietnamese enterprises float products at world's largest startup fair in India

21:59 | 05/04/2025 Vietnamese Brands

Startup Mahakumbh 2025 is expected to help Vietnamese firms learn startup and digital transformation initatives from India and other countries, access innovation experiences of leading global enterprises, and introduce their startup products to the world.

Philosophy 3C and story of smart consumption

09:15 | 22/03/2025 Vietnamese Brands

(VEN) - Pharmacist Nguyen Xuan Hoang - Chairman of International Medical Consultants Co., Ltd. - IMC shared, “In modern society, in order for a product to reach consumers, aside from quality and technology, attention must also be paid to the story behind the product and the smart consumption habits of consumers.”

Vietnamese rice exporters urged to boost global competitiveness

16:48 | 10/03/2025 Vietnamese Brands

Vietnamese and Thai 5% broken rice have seen declines of 38-45%, with Vietnam’s prices falling from 680-700 USD per tonne to 390-400 USD per tonne, an unprecedented decrease.

Culture

Vietnamese cultural values introduced to international friends in Mexico

20:55 | 30/03/2025 Culture

Diverse and distinctive cultural values of Vietnam are promoted at the "Vietnam Culture Day" event held from March 29-30 in Mexico City, attracting representatives from diplomatic corps and local authorities, international friends, and local residents.

Hung Kings’ Festival 2025: a grand celebration of culture and heritage

15:21 | 30/03/2025 Culture

According to the organising committee, these two major events will feature various unique activities that embody the heroic spirit of the Hung Kings era while maintaining a connection to contemporary society.

Vietnam works to seek UNESCO status for Binh Dinh martial arts

18:00 | 29/03/2025 Culture

Deputy Prime Minister Mai Van Chinh has approved the submission of a proposal to the UNESCO for the inclusion of "Binh Dinh Traditional Martial Arts" in the Representative List of the Intangible Cultural Heritage of Humanity.

Nghe An to host ASEAN exhibition this May

16:47 | 24/03/2025 Culture

The beauty of ASEAN’s people and landscapes will be on show from May 10 to May 20 at an exhibition held in Nghe An province.

Tourism

Highland products, soul of Son La’s community-based tourism

09:34 | 17/04/2025 Tourism

(VEN) - Son La Province – a majestic land in the Northwestern highlands of Vietnam – captivates visitors not only with its pristine natural beauty, but also with its distinctive local specialties. However, amid the flourishing wave of community-based tourism, there are still gaps in integrating highland products as essential parts of the tourist journey.

Vietnam’s scenic landscapes attract Hollywood filmmakers

15:15 | 30/03/2025 Tourism

With its breathtaking landscapes, filmmaker-friendly policies, and a clear strategy for industry growth, Vietnam is poised to become a major hub for film tourism.

Positioning unique tourism products to enhance attractiveness of Vietnamese cities

17:56 | 29/03/2025 Tourism

The meeting provided a valuable opportunity for Vietnamese members to share experience and best practices in tourism management while enhancing collaboration with international counterparts. By hosting this prestigious event, Hanoi reaffirmed its proactive role in driving connectivity and sustainable tourism growth.

Hue gears up for new tourism opportunities

09:02 | 27/03/2025 Tourism

(VEN) - The National Tourism Year – Hue 2025 has officially commenced, bringing new growth expectations for Vietnam’s tourism industry as well as Hue City.

Deli Group breaks ground for 270 million USD stationery factory in Hai Duong

See also

See more news

Multimedia