Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
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Over the past 20 years, Vietnam has emerged as a significant manufacturing hub, deeply integrated into global supply chains.
As the EU-Vietnam Free Trade Agreement (EVFTA) approaches its fourth anniversary on August 1, 2024, the latest survey by the European Chamber of Commerce in Vietnam (EuroCham) paints a nuanced picture of the pact's impact.
The project, once completed, is expected to enhance the logistics ecosystem for Vietnam’s central region.
The city's target for FDI is approximately $3.1 billion in 2024 and $2.7 billion in 2025.
The project aims to enhance railway safety and transportation capacity, boosting international connectivity between Vietnam, China, and Europe.
Vietnam has the potential to become a center for incubating the semiconductor ecosystem if stakeholders have the necessary faith and drive.
The BCI fell from 52.8 in Q1 to 51.3 in Q2 despite the country's robust GDP growth in the year's first half.
The total investment is approximately US$67.32 billion.
The Ministry of Planning and Investment has proposed the setting up of an Investment Support Fund, financed annually by the state budget, to provide direct cash support to eligible businesses.
Samsung is currently the largest foreign direct investor in Vietnam, with four plants in Bac Ninh, Thai Nguyen, and Ho Chi Minh City, worth a total investment of over $22 billion.
The opportunities for cooperation in the aerospace & defense manufacturing industry between Vietnam and France are vast.
The Government leader called on South Korean corporations to support Vietnam with financial resources, infrastructure development, institutional and policy improvements, quality human resource training, and smart governance.
China actively prioritizes infrastructure development and promotes global transportation cooperation, considering Vietnam as a crucial partner.
In the context of a tight state budget, the creation of a dedicated public fund for the urgent protection and promotion of cultural heritage values is imperative.
For Vietnamese companies wanting to go international and attract foreign investment, green standards are crucial.
The event will be attended by the representatives of between 50 and 60 foreign companies that are active in Hanoi.
Vietnam is now FedEx’s top market in the Asia-Pacific, the Middle East, and Africa, with 36 weekly flights.
In 2023, the flow of cryptocurrencies into Vietnam amounted to US$120 billion.