Investment
Vietnam, RoK launch digital and trade investment hub
A key feature of the hub is its approach to trade promotion as a continuous process.
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
Tourism is expected to contribute 10-12 percent of GDP by 2030
Under a new resolution of the Politburo, Vietnam targets 45-50 million international visitors and 160 million domestic tourists by 2030.
HCMC studying development around Tan Son Nhat airport
Chairman of the Ho Chi Minh City People’s Committee Phan Van Mai has assigned Tan Binh, Tan Phu, and Go Vap districts to study urban development solutions around Tan Son Nhat International Airport and the Department of Planning and Architecture to consider the issue in the process of compiling and appraising adjustments to the general planning for the city to 2040 and vision to 2060.
Urgent capital allocation needed to complete Ho Chi Minh Highway
On May 24, while presenting a report on the implementation plan for the next phase of the Ho Chi Minh Highway project to the National Assembly, Minister of Transport Nguyen Van The said the phase has been deployed “sluggishly” for five years, from 2017 to 2021, reaching only 8 per cent of the target, and is nearly two years behind schedule. There is 171 km in the phase needing urgent capital allocation in order to be completed by 2025.
PM calls for study of HCMC - Can Tho - Ca Mau railway line
As the Mekong Delta’s Can Tho city has become a regional city and an important focal point for intra-regional and international transportation, Prime Minister Pham Minh Chinh has requested the study of a railway line linking Ho Chi Minh City with the city and also southernmost Ca Mau province. He also called for research and investment in a number of large ports and the development of industrial parks, including accelerating the development of the VSIP Can Tho Industrial Park.
PM encourages investment in Gia Lai
Prime Minister Pham Minh Chinh attended an investment promotion conference for Gia Lai province in 2022 on the afternoon of May 21 in Pleiku city. He suggested that investors take advantage of the province’s potential and strengths.
Construction of Mau Son cable car and eco-tourism complex underway in Lang Son
Northern Lang Son province and the Sun Group began construction of the Mau Son cable car and eco-tourism complex at Mau Son Peak in Loc Binh district on May 20. This is a key project within the Mau Son tourism development roadmap to 2030 to become a national tourist site. The project is expected to be completed in 2025, with 5 million visitors targeted by 2030.
Planning for Cam Ranh Bay urban area adjusted
The urban area around Cam Ranh Bay in south-central Khanh Hoa province is being adjusted to create a modern ecological, commercial, tourist, and entertainment services urban area facing the sea, with technical and social infrastructure and landscape architecture.