Investment

Prime Minister Le Minh Hung chairing a Government meeting with the business community on July 18.

The introduction of Amazon Web Services’ first Local Zone in Hanoi brings low-latency cloud infrastructure to Vietnam as demand for AI, digital transformation, and local data processing continues to accelerate.

Upon completion, the ceramic manufacturing complex is expected to achieve an annual production capacity of approximately 170 million ceramic products and generate more than $200 million in export revenue each year.

The central city currently has over 61,100 active businesses. Of these, micro, small, and medium enterprises (MSMEs) account for more than 97%, equivalent to over 59,200 units.

During a meeting with US businesses operating in Vietnam, Permanent Deputy PM Tuc urged them to continue leveraging their strengths in capital, technology, management expertise, and global networks to expand investment in Vietnam’s priority sectors.

As Vietnam’s cities expand rapidly, Transit-Oriented Development is emerging as a new growth model that combines transportation, urban experiences, and sustainable economic development.