Investment

A constantly-changing global landscape has led to the development model for Vietnam’s energy sector becoming outdated and in need of renewal.

Data center capital inflows of nearly $1 billion into Saigon Hi-Tech Park are expanding digital infrastructure while forcing strict energy efficiency and green transition commitments.

Total funding reaching nearly VND500 billion ($19 million).

During a meeting with Kanagawa Governor on November 10, General Secretary and President To Lam of Vietnam stressed that local-level cooperation is an important channel for translating high-level agreements into concrete outcomes and providing a sustainable foundation for the bilateral relations.

Vietnam’s new era of development and ambitious growth targets require that the oil and gas industry evolve from its role as a traditional growth pillar.

With a total length of over 14 km and an estimated investment of more than VND93 trillion ($3.66 billion), the Can Gio - Vung Tau sea-crossing road project has had its architectural plan selected by Ho Chi Minh City.