Da Nang High-Tech Park and Industrial Zones: Dynamic Hub for Foreign High-Tech Investments

Fri, 20 Dec 2024 15:28:00

Following the COVID-19 pandemic, investment inflows into Da Nang High-Tech Park (HTP), Information Technology Park (IT Park), and Industrial Zones (IZs) have rebounded, generating fresh momentum and driving the city’s development. This resurgence has reinforced Da Nang’s reputation as the most worthily destination for tourism, living, and investment in the region. Our reporters have an interview with Mr. Vu Quang Hung, Director of the Da Nang High-Tech Park and Industrial Zones Authority, to learn more about this information.

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QTSC: Dual transformation towards sustainable development

Fri, 20 Dec 2024 15:28:00

The Quality Tech Solution Complex (QTSC) – with over 23 years of establishment and development, covering an area of 43 hectares, housing 150 IT enterprises and more than 21,000 people working and studying – has taken initial steps in applying IT, processes, solutions… to promote dual transformation (digital transformation and green transformation) since 2016.

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SHTP: Pioneering Digital and Green Transformation for Sustainable Development

Fri, 20 Dec 2024 15:28:00

Renowned as the most successful high-tech park in the country, Saigon High-Tech Park (SHTP) excels in attracting foreign direct investment (FDI) and significantly advancing economic and industrial zone development nationwide. Amid global shifts toward sustainability and green growth, SHTP spearheads efforts to establish Vietnam's first zero-emission high-tech park, aligning with the country's commitment to achieving net zero emissions by 2050.

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Vietjet and Xanh SM partner to advance sustainable green mobility of Vietnam and Indonesia

Fri, 20 Dec 2024 15:27:00

New-age carrier Vietjet and Xanh SM, Vietnam’s pioneering service provider in all-electric mobility, have signed a Memorandum of Understanding to diversify convenient transportation services for residents and tourists, promote tourism, and attract investment in Vietnam, Indonesia, and beyond.

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Vietnam's GDP growth to outpace region peers: Oxford Economics

Fri, 20 Dec 2024 15:27:00

Vietnam will be the standout among the top six ASEAN economies (ASEAN-6), growing at a faster pace relative to its peers during the next few years, according to the Oxford Economics, a global economic advisory firm.

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Vietnam strives to complete 100,000 social houses by 2025

Fri, 20 Dec 2024 10:05:00

Based on statistics reported by localities, the Ministry of Construction projects that over 100,000 social housing units will be completed nationwide in 2025.

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Vietnam's import-export surges 15.3%

Fri, 20 Dec 2024 10:05:00

Vietnam's total import-export turnover reached 745 billion USD as of December 14, marking a robust 15.3% growth compared to the same period in 2023, according to the General Department of Vietnam Customs.

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Vietnam, China step up development cooperation

Fri, 20 Dec 2024 10:05:00

The pilot of smart border gate, cooperation in vocational training, and social development assistance programmes for northern Vietnamese provinces were on the table at the talks held in the northern province of Lang Son on December 18 to bolster Vietnam – China development cooperation.

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Vietnam’s first logistics laboratory established

Fri, 20 Dec 2024 10:04:00

In an effort to strengthen Vietnam's position as a key logistics hub in Southeast Asia, Vietnam SuperPort and the University of Transport Technology (UTT) have cooperated to establish Vietnam's first logistics laboratory.

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Japanese take on consistent approaches

Fri, 20 Dec 2024 10:04:00

Japanese investors are eyeing bigger slices of Vietnamese businesses to tap into new opportunities at home and abroad.

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Localities leverage funding for high-tech ventures

Fri, 20 Dec 2024 10:04:00

Many localities from north to south are boosting development of modern industrial parks to attract high-tech foreign-invested projects.

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Outlook for 2025: Uneven profitability among banks

Fri, 20 Dec 2024 10:04:00

Quan Trong Thanh, Head of Research at Maybank Investment Bank (MSVN), predicts that loan growth would reach roughly 15% in 2025 in a scenario of 6.7–7% GDP growth. Furthermore, the growth of the banking industry will be supported by the stability of credit cost ratios and net interest margins (NIM).

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Chinese media praises Vietnam's economic achievements, outlook

Fri, 20 Dec 2024 09:50:00

Chinese media outlets, including The Paper, CRI, Sohu, Sina, the Guangdong E-Commerce Association's website, and BWC, have published numerous reports and analyses highlighting Vietnam’s remarkable economic achievements in 2024 and its promising outlook for 2025.

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Businesses pivotal in offsetting carbon measures in Vietnam

Fri, 20 Dec 2024 09:50:00

Quantifying carbon emissions and implementing offset measures are being called urgent and a key factor to help businesses thrive in the green economy.

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Coordination key for circular economy

Fri, 20 Dec 2024 09:50:00

Boosting the circular economy and green transformation need to be a key driving force for society, but this requires more incentives on taxes, fees, and incentives.

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Resolution on construction of North-South high-speed railway issued

Fri, 20 Dec 2024 09:50:00

National Assembly Chairman Tran Thanh Man recently issued a resolution on the investment policy for the North-South high-speed rail project.

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Outlook for the deposit rate by year-end

Thu, 19 Dec 2024 17:05:00

After nearly two months of stagnation, deposit rates of some commercial banks began rising again in November.

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Prime Minister hosts U.S. delegation of aerospace, defense, and security companies

Thu, 19 Dec 2024 17:03:00

Prime Minister Pham Minh Chinh on Wednesday hosted a reception for a delegation of aerospace, defense, and security companies under the U.S.-ASEAN Business Council (USABC).

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