Business

Vietnam's Stavian Group and Japan's Midas Capital signed a strategic Memorandum of Understanding (MOU) to co-invest in submarine optical cable systems, digital technology infrastructure, and artificial intelligence (AI) and Super Intelligence (SI) computing facilities in Vietnam.

General Secretary and President To Lam made the remarks during a meeting and dialogue with leaders and senior representatives of major Japanese corporations in Tokyo on the morning of November 9, as part of his official visit to Japan from November 8-11.

The event took place during the ongoing official visit to Japan by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam.

With an ecosystem coming together on the manufacturing side of the industry, the key task becomes finding viable markets for Vietnamese semiconductors given their still-nascent development.

Vacancies span a wide range of industries, including banking, finance, insurance, securities, accounting, auditing, consulting, technology, e-commerce, construction, real estate, trade, import-export, logistics, manufacturing, materials, energy, and design technology.

The figure is equivalent to 173% of the issuance target for the month.