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 (MoT) has approved a list of investment projects to build four aircraft maintenance areas at Long Thanh International Airport in southern Dong Nai province, with total investment of more than VND2.7 trillion ($117.2 million) from investor capital.
The trend of home ownership has taken hold among young people in Vietnam. According to DKRA Vietnam, over the past decade, the proportion of people under 35 years old buying a house has increased 23 per cent. CBRE Vietnam, meanwhile, believes that Gen Z and millennials will be the main buyers in the real estate market over the next few years.
The CW1 package in the construction of Nhon Trach Bridge and approach roads, totaling over VND1.8 trillion ($77.33 million) and a component project of the Ring Road No. 3 project in Ho Chi Minh City, Tan Van - Nhon Trach Phase 1, has been signed between the Project Management Board and South Korea’s Kumho Engineering Construction Company.
A Draft Law on Electronic Transactions is receiving consultation from the Ministry of Information and Communications (MoIC) for finalization and submission to the government. The Draft was discussed by experts at a seminar organized by the Vietnam Chamber of Commerce and Industry (VCCI) and MoIC on July 14.
South Korean contractor the Kumho Construction & Engineering Co. will soon begin construction of Nhon Trach Bridge and two bridges leading to the Ring Road No. 3 project in Ho Chi Minh City costing more than VND1.8 trillion ($77.3 million). With a total length of 2 km, the bridge passes over the Dong Rai River and will be completed within three years.
The Ministry of Planning and Investment (MPI) worked with southern Binh Phuoc and Binh Duong provinces on July 12 and 13 to remove bottlenecks inhibiting their development, opening up local resources and mobilizing resources from elsewhere to reach socio-economic development goals in both provinces and the southern region as a whole.