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.
Da Nang well placed to attract FDI
Da Nang city holds major potential to attract FDI in three respects: synchronous infrastructure, sufficient land to build industrial parks and hi-tech parks, and high-quality human resources. It is now directing investment capital towards the fields of hi-tech, digital transformation, tourism, energy to respond to climate change, the circular economy, information technology, and resort tourism.
Hai Duong greenlights key projects
The Hai Duong Provincial People’s Council approved a number of key projects in transport infrastructure, educational facilities, and office space on June 24.
Construction of route linking Yen Bai with Noi Bai - Lao Cai Highway underway
The first bidding package of over VND5.3 trillion ($227.47 million) for a 20-km route connecting Nghia Lo town in Yen Bai province with the Noi Bai - Lao Cai Highway was deployed on June 23. This is an important project within the northern mountainous transport connection project invested in by the Ministry of Transport with ODA loans from the Asian Development Bank (ADB) and non-refundable aid from the Australian Government and domestic counterpart funding.
WB loans to help upgrade 3 national highways in Mekong Delta
The Directorate for Roads of Vietnam has proposed a project to the Ministry of Transport on upgrading three national highways in the Mekong Delta: National Highway No. 53, National Highway No. 62 and National Highway No. 91B, with a total investment of nearly VND7.2 trillion (nearly $310 million), of which World Bank (WB) loans will total nearly VND5.4 trillion (nearly $233 million). Project implementation is four years, from 2024 to 2027.
Hai Phong licenses 6 projects with capital totaling $400mln
The Hai Phong Economic Zone Authority on June 22 handed over investment certificates issued by the Hai Phong City People’s Committee to six projects with total investment of over $400 million. The projects include the construction and operation of the Tien Thanh Industrial Park in Tien Lang district on 410 ha and with investment of more than VND4.5 trillion ($193.57 million).
Tay Ninh allocates $64mln for HCMC - Moc Bai Expressway
Southern Tay Ninh province will allocate VND1.5 trillion ($64.4 million) for site clearance on the 53.5-km Ho Chi Minh City - Moc Bai Expressway project. With a pre-feasibility study completed, the project is now awaiting appraisal and approval in July before construction begins.