Key areas of interest include Vietnam’s priorities in national key infrastructure projects, social housing development, and a transparent, stable, and sustainable legal framework for housing, urban development, and real estate market.
The documents were signed in Beijing on April 15 in the presence of Party General Secretary and State President To Lam, and his Chinese counterpart Xi Jinping.
Capital sources for metro system investment include targeted funding from the central budget to local budgets, Official Development Assistance (ODA), and foreign concessional loans, among others.
Among the approved projects, 34 already have investors in place, accounting for nearly 28,000 units, while 7 others—representing around 8,000 units—are still seeking investment.
A strategic transformation is needed for Vietnam electronics exports to curb the reliance on foreign players and address the high volume of imported components.
The campus will focus on research and technology transfer, particularly in fields such as new materials, construction technology, mechanics, smart urban infrastructure, energy, and sustainable environment.
The program results from the high-level agreement between the Governments of Vietnam and the U.S. on cooperation in science, technology, and semiconductors signed in September 2023 and the agreement between the Government of Vietnam and NVIDIA inked in December 2024.