Investment

The agreement was reached by General Secretary and President To Lam and Sri Lankan President Anura Kumara Dissanayake during their summit meeting in Colombo on May 8.

The partnership coming as Vietnam moves forward with plans to pilot a regulated digital asset market.

At the 48th ASEAN Summit held on May 8 in Cebu, the Philippines, the Vietnamese leader also called for effective implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) for the 2026-2030 period, the ASEAN Power Grid, and the Trans-ASEAN Gas Pipeline.

The Ministry of Science and Technology is currently drafting a Decree on high-tech policies, which will establish mechanisms to ensure businesses in this sector can truly thrive.

Realized investment capital in the central city reached approximately VND12.34 trillion (over $469 million), up 26.7% year-on-year.

The southern city is now working to remove bottlenecks and aims to disburse 100% of the planned capital to propel economic growth.