Investment

The Government has issued an action plan to implement the Politburo Resolution on developing tourism into a leading economic sector.

The 2026 Petroleum Law introduces a number of new provisions concerning investment incentives for petroleum activities, carbon capture and storage, the development of offshore energy infrastructure, and high-tech petroleum engineering services associated with petroleum activities, among other areas.

General Secretary and President To Lam stressed that the two countries should move from bilateral cooperation toward jointly building value chains serving ASEAN, the European Union, and global markets.

Vietnam’s dreams of becoming a major player in semiconductors will only come to fruition if it can produce a skilled cohort of engineering graduates.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam and French President Emmanuel Macron agreed to effectively implement existing cooperation mechanisms, and explore deeper sectoral cooperation to meet development needs in the new context.

Specialised chips are designed to perform specific tasks and are used in applications including AI cameras, IoT devices, robots, UAVs, telecommunications systems, power electronics and smart grids.