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.
Mr. Peter Hendrik Slootweg was assigned by the Board of Directors of Long An International Port in particular and Dong Tam Group in general to lead, orient, and develop the Long An International Port to become a leading multipurpose seaport of choice worthy of the region and recognized as such to the world.
Ho Chi Minh City will propose investing in expanding the Ho Chi Minh City - Trung Luong Expressway from four lanes to eight to meet rising travel demand and to synchronize infrastructure projects in the region. Many investors have expressed interest in the 62-km project, to be implemented under the public-private partnership (PPP) method.
The Ministry of Transport has approved the assignment of the Bach Dang Hotel Service - Trading Joint Stock Company to prepare a pre-feasibility study for a project to restore the Thap Cham - Da Lat railway line between south-central Ninh Thuan and the central highlands’ Lam Dong provinces. Restoration of the 84-km long line, with total investment of nearly VND28 trillion (1.91 billion), will be conducted in the public-private partnership (PPP) mode under a build-own-operate (BOO) contract.
Northern Hai Phong city has approved a master scheme for solid waste collection, transportation, and treatment, with a policy of using waste incineration technology to generate electricity. The city aims for 100 per cent of its domestic solid waste to be treated with advanced technology by 2030.
The Ministry of Transport will prioritize nearly VND15 trillion ($639.58 million) in medium-term public investment capital to implement a number of urgent traffic projects in northern Thanh Hoa province. These projects are expected to give a “push” to the province’s socio-economic development.
In order to become a dynamic growth pole of the Red River Delta, the Vietnam Chamber of Commerce and Industry (VCCI) emphasized that Hai Phong city and Quang Ninh, Hai Duong, and Hung Yen provinces need to promote joint investments in the region rather than separate investments in each locality.