Digital Biz

The recently-issued National Logistics Development Strategy targets, among other things, Vietnam becoming a major regional hub by 2035.

The corporation aims to increase localisation in its electronic component supply chain.

A number of key recommendations were put forward at the forum to help Vietnam develop new economic models for the next phase of growth.

Shunsin Technology plans to expand manufacturing in Bac Ninh province to produce Xbox gaming devices and a range of other electronic components.

This initiative is backed by strong investment resources and a commitment to spend 4% of Hanoi’s budget on science and technology under the city’s venture capital fund program, set to be implemented starting in 2026.

The phase two will involve building an additional passenger terminal and associated infrastructure, raising the airport’s annual capacity to 50 million passengers and 1.5 million tons of cargo.