Investment

The two sides agreed to work together in implementing economic cooperation agreements in a bid to raise the two-way trade to $10 billion by 2030.

Vietnam must overhaul its development model based on science, technology, and digital transformation, while ensuring the safety of the ecological environment in order to achieve rapid, sustainable growth and high-income status, Party General Secretary and State President To Lam said in his article.

Vietnamese investments were channelled into 33 countries and territories in the first five months of the year.

Experts attending a seminar told Vietnam Economic Times / VnEconomy that small modular reactors (SMRs) could strengthen Vietnam’s energy security, support decarbonization, and open new pathways for technology, workforce, and industrial development.

With a planned capacity of 360,000 tons per year, the facility will be equipped with modern, highly automated production lines imported from Europe, the United States, China, and other technologically advanced nations.

The initiative aims to provide workers with stable living conditions, allowing them to focus on their work and maintain long-term commitment to enterprises and industrial zones.