Investment

At the 48th ASEAN Summit held on May 8 in Cebu, the Philippines, the Vietnamese leader also called for effective implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) for the 2026-2030 period, the ASEAN Power Grid, and the Trans-ASEAN Gas Pipeline.

The Ministry of Science and Technology is currently drafting a Decree on high-tech policies, which will establish mechanisms to ensure businesses in this sector can truly thrive.

Realized investment capital in the central city reached approximately VND12.34 trillion (over $469 million), up 26.7% year-on-year.

The southern city is now working to remove bottlenecks and aims to disburse 100% of the planned capital to propel economic growth.

At the event, General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam stressed that the time has come for bilateral cooperation to reach a higher level, not only in scale, but more importantly in quality, depth and strategic value.

By 2030, Hanoi targets having 50% of logistics enterprises to integrate IoT solutions into warehouse management and supply chain operations.