Business

The new facility marks a significant step for Vietnam's shipbuilding industry, with production geared towards manufacturing European-standard aluminium vessels for both the domestic market and exports.

Looking toward 2050, the southern city aspires to lead the country in high-tech industries, evolving into a premier center for nuclear research, training, and application in both Vietnam and the broader region.

Once completed, the expressway is expected to significantly reduce travel times and enhance accessibility to Ho Tram from Long Thanh International Airport and major urban centers.

Regarding foreign investment, the High-Tech Law 2025 prioritizes FDI projects that provide core technology transfers and establish deep linkages with local firms, aiming to upgrade national capacity rather than relying on low-cost labor or outdated technologies.

At the conference, the provincial authorities handed over 19 investment policy approval decisions to 18 investors, with a total investment capital exceeding VND27.7 trillion (over $1 billion), while 19 MOUs for investment cooperation were signed, with a total committed capital of over VND172 trillion (around $6.54 billion).

The company has launched the second year of its e-commerce training program in Vinh Thinh Conical Hat Village, equipping local artisans and young people with digital skills to preserve traditional craftsmanship, enhance product value, and expand market access.