Industry

At present, the tally of Vietnam-Singapore Industrial Parks (VSIP) has reached 14, spanning 10 provinces and cities, boasting a combined investment of US$18.7 billion and generating employment for more than 300,000 individuals.

The authorities in Hanoi have accelerated the pace of investment in the commercial infrastructure.

The project to support the development of smart factories in localities is an activity within the "Smart Factory Development Cooperation" project.

Vietnam has many opportunities to become a hub for data connectivity and storage in the ASEAN region.

The city has provided incentive policies for the development of ancillary industries.

Through trade promotion activities, Hanoi aims to increase export turnover by 6% by 2023.

Vietravel Airlines' Hanoi-Sanya (China) route opens new opportunities for tourism and business activities between the two countries.

A training project is aimed at enhancing the high-tech skills of the younger generation in Vietnam.

The country has significant and economically viable potential for ventures in the renewable energy sector as well as for initiatives that focus on energy efficiency.

The Government’s estimations indicate that this new revenue stream, once implemented, could increase annual revenues by approximately VND1.2 trillion (US$50 million).

The workshop will kick start a project funded by Southeast Asia Energy Transition Partnership (ETP), which aims to enhance energy efficiency and conservation in the supporting and food processing industries.

VinFast business combination with Black Spade was approved at an extraordinary general meeting of Black Spade’s shareholders on August 10.

Under the current implementation method and situation, the completion of nearly 600 km of urban rail lines in Hanoi and Ho Chi Minh City in the next 12 years is not feasible. Therefore, a change is essential.

Recognizing Vietnam as an essential link in their supply chains, many Japanese companies are turning to Vietnam.

Hanoi has emerged as the top destination for foreign direct investment (FDI) in the first half of 2023.

The event will be held from August 3 to 8 in the beach city of Danang.

The capital city's economy has positively changed, with prestige and position gradually improving in Vietnam and the world.

Cultural events will foster opportunities for expanding the city's night economy and promote the cultural industry.

Foreign direct investment (FDI) to Hanoi surged 275% year-on-year in the first seven months of this year.

Hanoi is estimated to welcome 2.38 million domestic and foreign visitors in July.