Investment

The projects will be developed through agreements on land-use rights transfers or on land already under legal use rights.

The newly-launched Ho Chi Minh City Venture Capital Fund is expected to attract private capital and support innovation and technology startups within the ecosystem in various ways.

The event took place as part of the State visit to Sri Lanka by Vietnam’s Party General Secretary and President To Lam.

The State visit to India by Vietnam's General Secretary of the Communist Party and President To Lam marks a historic milestone in bilateral relations as the two countries officially elevated their ties to an Enhanced Comprehensive Strategic Partnership (ECSP).

The airport expected to have a designed capacity of about 20,000 passengers per year in the 2021-2030 period.

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.