During a meeting with President and CEO of Ericsson Group Börje Ekholm in Stockholm on June 13, Prime Minister Pham Minh Chinh proposed the group to support Vietnam in developing next-generation networks such as 5G and 6G.
PM proposed that the WB focus on providing financial support in large scale projects in Vietnam, especially the North - South high-speed railway project.
South Korea is currently the biggest foreign investor in Vietnam, with a total registered investment capital reaching over $92 billion in 10,128 projects.
Vietnam is pursuing an expansionary fiscal policy, which includes tax reductions for businesses and extensions on tax and land rent payments to stimulate development.