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.
$2.2bln for Mekong Delta"s sustainable development
Deputy Minister of Planning and Investment Tran Quoc Phuong said on June 18 that Vietnam will sign a cooperative agreement with a group of six development banks to unify a list of projects using ODA capital and concessional loans from foreign sponsors with committed capital of $2.2 billion. The goal of the agreement is to open up opportunities for the sustainable development of the Mekong Delta region.
HCMC announces 197 projects seeking investment
Ho Chi Minh City has approved a list from its Department of Planning and Investment of 197 projects calling for investment totaling nearly VND945 trillion (nearly $43 billion) in 2022. Many are traffic projects, including an urban railway line seeking more than VND427 trillion ($18 billion) and waterway ports, inland ports, and logistics centers.
HCMC cleaning up canals to improve urban environment
A project to renovate Xuyen Tam Canal, with a length of 6.2 km and total investment of more than VND9.3 trillion ($401.12 million), is being urgently deployed by Ho Chi Minh City to resolve water drainage issues and improve the city’s urban environment. This is one of three key projects on a list of 25 canal improvement projects in the city in the 2021-2025 period.
Chau Doc - Can Tho - Soc Trang Expressway given go-ahead
At the third session of the 15th National Assembly on June 16, the legislature approved the first phase of the Chau Doc - Can Tho - Soc Trang Expressway, with a length of more than 188 km and total investment of nearly VND45 trillion ($1.9 billion) in the public investment form. The project is expected to be completed and put into operation in 2027, and will drive development in the Mekong Delta.
Deputy PM calls for on-time completion of North-South Expressway sections
Three of four sub-projects in the first phase of the North-South Expressway project, which were to be completed in 2022, are currently behind schedule. Deputy Prime Minister Le Van Thanh has requested no further delays. Construction contractors and project management boards that do not meet requirements must be replaced immediately.
Cities and provinces asked to build routes connecting with expressways
The Ministry of Transport (MoT) has requested that the People’s Committees of centrally-run cities and provinces that have expressways, especially those where the East North-South Expressway phase 2 passes through, to study and propose plans to build routes connecting them with local roads, to serve economic development.