Investment
Commercial mindset
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.
Investment
Integrated framework in HR management
The actual use of technology in HR management has a greater bearing on attraction, retention, and monitoring of employees than the technology itself.
Investment
Gov't requires drastic reduction of administrative procedures
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.
Binh Thuan investing in Son My Port
The 160-ha Son My Port in Ham Tan district, south-central Binh Thuan province, will receive investment to allow it to berth 150,000-ton ships for key local projects. According to the Vietnam Marine Department, the project is in line with the master plan for Vietnam’s seaport network in the 2021-2030 period and vision to 2050.
FDI continues to go to real estate
International organizations believe Vietnam remains a bright spot in terms of FDI attraction into real estate, which will continue to improve as the country moves towards the post-pandemic “new normal”. According to the Ministry of Construction, real estate ranked second in attracting FDI in the first half of 2022, with more than $3.15 billion, or 22.5 per cent of the total.
Construction of 3 key national highways to begin before mid-2023
The government has decided on a series of specific mechanisms to ensure that construction of three highways begins before June 30, 2023: Khanh Hoa - Buon Ma Thuot, Bien Hoa - Vung Tau, and Chau Doc - Can Tho - Soc Trang Phase 1, with total investment of more than VND84 trillion ($3.5 billion).
Transport must transform to meet emissions targets
According to the Ministry of Transport’s recently-issued green energy transformation action plan, five modes of transport - road, railway, inland waterway, maritime, and aviation - must all be converted to reach net zero greenhouse gas emissions targets by 2050. The plan clearly identifies eleven key projects in the development of green transport infrastructure, with total funds of more than VND3 quadrillion ($128.3 billion).
$170mln allocated to quicken construction of Dai Ngai Bridge
Deputy Prime Minister Le Van Thanh has approved adjustments to the Dai Ngai Bridge project connecting Tra Vinh and Soc Trang provinces in the Mekong Delta. A number of items will be added and more than VND4 trillion ($170.9 million) allocated from the socio-economic recovery and development program to accelerate construction of the bridge.
South Korea to expand investment in Vietnam
South Korean investment in Vietnam will change significantly in the future, towards expanding investment portfolios, spreading around the country, and increasing capital in key industrial sectors and boosting technology transfer to Vietnam. Vietnam-South Korea trade turnover is to rise to $100 billion in 2023 and $150 billion in 2030.