The move viewed as a necessary step to optimize land use, improve the investment environment and create opportunities for capable investors to develop new projects.
The government is positioning rental housing as a strategic pillar of Vietnam’s housing policy, aiming to boost supply, improve affordability, and support sustainable real estate market development.
The goal is to attract investment across all key sectors, including agriculture, industry, aquaculture, and fishery processing, as well as infrastructure projects such as seaports, transportation, and logistics.
The selected startups, Selfomy and Volterra, will gain access to BLOCK71's global network of mentors, investors and corporate partners under the startup ecosystem of the National University of Singapore (NUS).
Vietnam aims to establish industrial ecosystems for semiconductors, electronics, and high technology in localities that possess advantages in industrial infrastructure, logistics, human resources, and supply chain connectivity.