Business

The Prime Minister's Directive No. 29/CT-TTg underscores the government's determination to accelerate Vietnam's digital transformation agenda and strengthen its innovation ecosystem as key pillars of long-term economic development and public sector modernization.

BM Windows has inaugurated its LEED Gold-certified Chau Duc Factory, a large-scale manufacturing facility designed to strengthen its production capacity and position the company as a regional hub for façade engineering solutions.

Under the proposed plan, the free trade zone will cover approximately 2,785 hectares and be divided into two key functional areas.

As Vietnam looks to modernize its growth model, policymakers are betting that International Financial Centers in Ho Chi Minh City and Da Nang can help channel the capital needed to power the country’s next stage of economic development.

The proposal was agreed upon during the National Wage Council 's second meeting on July 16 and would increase monthly minimum wages by between VND340,000 ($12.94) and VND390,000 ($14.85), depending on the applicable regional wage zone.

The city ranks second nationwide in Vietnam's Provincial Innovation Index and has entered the world's top 100 startup ecosystems for the first time.