Investment

According to VinSpace, testing self-developed satellite modules in orbit is a prerequisite for converting domestic R&D capabilities into practical missions, creating a solid foundation for sustainable growth.

The joint statements comprise one on deepening the Vietnam-Australia comprehensive strategic partnership, one on economic resilience cooperation, and another on the enhancement of science, technology and innovation connectivity.

During his meeting with Governor-General of Australia Sam Mostyn in Canberra on August 11, General Secretary of the Communist Party of Vietnam and State President To Lam set a target to reach a bilateral trade turnover of $20 billion and to significantly increase two-way investment.

At their talks in Canberra on August 11, the two leaders set a target of $20 billion in two-way trade and called for stronger supply chain links, quality investment, and closer cooperation in the green and digital economies, new energy, and future industries.

The central province's North Central LNG Storage Facility is designed to become a major LNG transshipment hub in central Vietnam, featuring integrated storage facilities and technical infrastructure for receiving, storing and supplying LNG to gas-fired power plants in the region.

The proposed railway spans over 175 km, traversing Ho Chi Minh City and Tay Ninh, Dong Thap and Vinh Long provinces and Can Tho City.