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.
Highways built under socio-economic recovery and development program must proceed quickly
A number of key highways are being funded by the Socio-Economic Development and Recovery Program in 2022 and 2023. Deputy Prime Minister Le Van Thanh has therefore proposed that ministries, agencies, and localities quickly appoint contractors, to ensure the successful and effective implementation of the program.
Route linking Cat Lai - Phu Huu Port with HCMC - Long Thanh - Dau Giay Expressway proposed
The Ho Chi Minh City People’s Committee has sent a document to the Ministry of Transport (MoT) proposing a dedicated route connecting Cat Lai - Phu Huu Port with the Ho Chi Minh City - Long Thanh - Dau Giay Expressway be opened, to resolve traffic jams in the area.
MoT to kick-off 32 projects in H2
To speed up the disbursement of more than VND33 trillion ($1.42 billion) in the second half of the year, the Ministry of Transport (MoT) will get 32 projects underway and complete 24 others. Under planning, the Ministry will invest in 66 new projects in the 2021-2025 period.
Thanh Hoa to invest $1.5bln in 43 traffic projects before 2025
From now to 2025, in addition to accelerating the progress of existing projects, north-central Thanh Hoa province will prioritize investment in a number of key new traffic projects, including the Eastern Ring Road No. 3 with total capital of more than VND3.3 trillion ($141.9 million). It has been calculated that 43 key road traffic projects will be implemented in the province and completed before 2025, with total investment of VND35 trillion ($1.5 billion).
Passenger volumes at Noi Bai Airport booming
Passenger volumes at Hanoi’s Noi Bai International Airport’s domestic terminal (T1) have increased dramatically during the peak summer season. It is forecast that, in early July, passenger numbers will reach 110,000 people a day, up 40 per cent compared to the peak prior to the pandemic and even exceeding capacity at the terminal.
MoF suggests unallocated investment capital go to recovery program
According to the Ministry of Finance (MoF), the disbursement of investment capital in the first half of 2022 reached 27.75 per cent of the plan. More than VND58 trillion ($2.49 billion), or 10.78 per cent of the plan, has not been allocated by some ministries, central agencies, and localities. The Ministry has proposed cutting unallocated expenditure to supplement the implementation of the Economic Development and Recovery Program.