Local chip startups will have an easier path to the global market with the creation of a center linking chip design and manufacturing in a process called tape-out.
The Government’s new resolution targets to innovate the reform of administrative procedures in a comprehensive and substantive manner, drastically improve the business investment climate, sharpen national competitiveness, and spur economic growth through 2030.
The Ministry of Transport has approved a project to upgrade the section of the Hanoi - Ho Chi Minh City railway line from the southern city to Nha Trang, with total investment of nearly VND1.1 trillion ($47 million) from medium-term State budget capital in the 2021-2015 period.
The Ministry of Planning and Investment has submitted a draft resolution to the government to implement Resolution No. 57/2022 from the National Assembly on the Ring Road No. 3 project in Ho Chi Minh City, clearly stating the roles and responsibilities of relevant agencies in allocating capital for implementation.
Da Nang’s tourism sector has been recording one of the best post-pandemic recoveries in the country. The development potential of Da Nang Bay in particular has been awakened thanks to methodical infrastructure investment plans and is ready to become an area attracting tourists and investors with a number of million-dollar real estate projects.
The Steering Committee for important national and key projects and projects of the transportation industry held an online conference with 33 localities on August 10. Nine projects and 31 component projects are national key projects. According to the Ministry of Finance, total capital for these projects is about VND734 trillion ($31 billion) and is basically balanced.
In the face of goods shortages due to supply chain disruptions, the Saigon Newport Corporation has opened more international routes to promote Vietnam - China supply chains.
The Ministry of Transport has said that the government has prioritized allocating more than VND7 trillion ($300 million) to four projects in the Mekong Delta’s Vinh Long province by 2025, including upgrading National Highways No. 57 and 53, the My Thuan 2 Bridge project, and the My Thuan - Can Tho Highway. The 23-km My Thuan - Can Tho Highway is expected to be completed and opened in April 2023.