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.
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.
Hanoi expects the AIIB to assist with planning, implementation methods, and financing strategies to rapidly deploy metro projects.
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.
Prime Minister Pham Minh Chinh welcomed the proposals, which are consistent with Vietnam’s green growth strategy.
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.
The city has hosted a series of meetings and dialogues to resolve difficulties and obstacles in a wide range of areas, including procedures, land policy and taxation.
Samsung is currently the largest foreign direct investor in Vietnam, with major projects in Bac Ninh, Thai Nguyen and Ho Chi Minh City worth up to US$22.4 billion.
Remittance volumes will be a new source of demand driving the property market, according to VARS.
Kim Huat Ooi, Vice President of Manufacturing, Supply Chain and Operations and General Manager of Intel Products Vietnam, spoke to The Hanoi Times about Vietnam's semiconductor ambitions and Intel's contribution to making the country a global manufacturing and R&D hub.