Vietnam Today

The two sides agree to promote cooperation in infrastrucutre, industries and agricutural trade.

The science and technology ministry proposed an additional incentive: a "total land rent exemption for the entire lease term for strategic technology R&D centers, high-tech R&D centers, and strategic technology enterprises."

The move aims at reinforcing Vietnam's commitment to building a competitive semiconductor sector and advancing its high-tech industrial ambitions.

The United States, China, and Cambodia were Vietnam’s three largest suppliers, with market shares of 10%, 9.6%, and 9.4%, respectively.

By 2045, the foreign-invested economic sector is projected to account for 25% of the total social investment capital and contribute approximately 30% to the national GDP.

The regulation aims to strengthen product origin verification and enhance consumer protection by improving transparency throughout the supply chain.