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.
Ba Ria-Vũng Tau looking to add airport to aviation planning
Under the development plan for aviation transport and vision to 2030 approved by the Prime Minister, southern Ba Ria-Vung Tau province has only two airports - Vung Tau and Con Dao Airports - but the province wants to add Ho Tram Airport to the planning. Also known as Dat Do Airport, Ho Tram Airport covers an area of 245 ha and has investment of more than VND4 trillion ($171.7 million).
Study on Gia Nghia - Chon Thanh Expressway sought
In a bid to speed up the approval of the 140-km Gia Nghia - Chon Thanh Expressway connecting Dak Nong province in the central highlands and southern Binh Phuoc province, Deputy Prime Minister Le Van Thanh has suggested that the joint venture between Vingroup and Techcombank soon submit the pre-feasibility study so an investment decision can be made in September.
Construction of Phuong Dong Asahi Nursing Home underway
Construction of the Phuong Dong Asahi Nursing Home, with total investment of nearly VND800 billion ($34.3 million), began on July 12 in Hanoi’s Bac Tu Liem district. On 7,000 sq m and with a high-end healthcare system, the project will be managed and operated by the Tsubasa Group and is expected to open in July next year.
Bac Giang proposes investment in transport infrastructure
To attract investors and develop the socio-economy, northern Bac Giang province has proposed investment in a series of transport infrastructure projects, such as Hanoi’s Ring Road No. 5 and an inland port and logistics center to leverage the potential of international rail transit.
HCMC to build Can Gio international transshipment superport
Ho Chi Minh City is to build the $6-billion Can Gio international transshipment “superport”, with more than 6.8 km of wharves capable of berthing the world’s largest vessels. The superport will have a throughput capacity of 10-15 million TEUs, or nearly three times higher than at the city’s Cat Lai Port, the country’s largest, to create breakthroughs in the development of its marine economy.
VEC to balance capital for Ben Luc - Long Thanh Expressway
The 57.8 km-long Ben Luc - Long Thanh Expressway project has total investment of more than VND31 trillion ($1.33 billion) and is a national key project within the East North - South Expressway project but has stalled due to a lack of capital. The Ministry of Planning and Investment has proposed that the government assign the Vietnam Expressway Corporation (VEC) to balance and arrange reciprocal capital to continue project implementation.