On June 30, localities across Việt Nam announced resolutions on the merger of administrative units, marking a significant step in the country''s efforts to streamline governance and promote regional development. Following the restructuring, Việt Nam will consist of 34 provinces and...
HCM City, Việt Nam’s largest economic hub, has unveiled an ambitious plan to seek a total of VNĐ172 trillion (US$7 billion) to develop an International Financial Centre (IFC) over the next five years.
Spanning approximately 1,881 hectares, the Đà Nẵng Free Trade Zone comprises non-contiguous areas with specialised functional zones including production, logistics, trade and services, digital technology, information technology, and innovation hubs.
Tiên Phong inland port in Phổ Yên City will cover 14.35 hectares and aims to become a modern logistics hub, handling up to 150,000 containers annually by 2030 and 180,000 by 2050, according to the provincial Finance Department.
Fifteen hi-tech projects, accounting for 6 per cent of the new projects, have a combined investment of nearly US$860 million, representing 44.17 per cent of the total newly registered capital.
Global tech giant Qualcomm has just launched an Artificial Intelligence (AI) Research & Development (R&D) centre in Việt Nam, which is expected to help position Việt Nam as a leading AI R&D hub in the region and the world.
Bình Dương Vice Chairman Bùi Minh Trí said the province is ready to partner with global tech investors and will provide strong support in policies, procedures, and infrastructure, especially in growth-driving sectors.
The Ministry of Construction has approved a VNĐ66 trillion (US$2.6 billion) plan to upgrade Hải Phòng’s port system by 2030, boosting capacity at the north’s largest port hub.
The southern province of Đồng Nai had lured over US$1.218 billion in foreign direct investment (FDI) as of early June, achieving 152.3 per cent of its annual target.
Prime Minister welcomed Bolt’s market entry and supported its expansion in Việt Nam, as has been done for other international start-ups in transport and delivery.
Sovico Group, a founding shareholder of budget aiarline Vietjet Air, has proposed an investment in HCM City’s Metro Line No. 4, which stretches 47km from Hóc Môn District to Nhà Bè District.
