Investment

The renovation plan identifies 11 focus areas, with transportation infrastructure at the forefront.

These three projects, with a total investment of nearly $460 million, will facilitate a transportation network linking the airport to industrial zones and seaports, while significantly boosting logistics development in the southern city.

According to VinSpace, testing self-developed satellite modules in orbit is a prerequisite for converting domestic R&D capabilities into practical missions, creating a solid foundation for sustainable growth.

The joint statements comprise one on deepening the Vietnam-Australia comprehensive strategic partnership, one on economic resilience cooperation, and another on the enhancement of science, technology and innovation connectivity.

During his meeting with Governor-General of Australia Sam Mostyn in Canberra on August 11, General Secretary of the Communist Party of Vietnam and State President To Lam set a target to reach a bilateral trade turnover of $20 billion and to significantly increase two-way investment.

At their talks in Canberra on August 11, the two leaders set a target of $20 billion in two-way trade and called for stronger supply chain links, quality investment, and closer cooperation in the green and digital economies, new energy, and future industries.