Hanoi (VNA) - The Hoa Lac Hi-Tech Park in Hanoi has attracted 93 investment projects with registered capital of more than 90.25 trillion VND (3.9 billion USD) so far, including more than 7.95 trillion VND in investment approved last year, the Ministry of Science and Technology has said. Of particular note, several outstanding hi-tech products have been developed and manufactured at the park, including 5G smartphones and 5G network equipment made by Vinsmart in cooperation with Qualcomm, marine radars using 4G and 5G technology made by Viettel, and aircraft engine components and hi-tech cutting tools for the aerospace industry made by Hanwha. At a recent conference of the park’s management board, Minister of Science and Technology Huynh Thanh Dat highlighted the Party and Government’s policy of building it into a science and technology city and a smart ecosystem for science-technology development, to contribute to national development. To promote its development, he asked … [Read more...] about 3.9 bln USD channelled into Hoa Lac Hi-Tech Park
Hi tech racing
VIETNAM BUSINESS NEWS JANUARY 25
In addition, many northern provinces have accelerated the process of issuing cultivation area codes for a variety of specialty fruits in order to increase the added value. As a result, in 2020, many types of fruit will be exported through official channels to quality markets at prices many times higher than before, such as lychee exported to Japan, longan exported to Australia, and dragon fruit exported to the US. These results have contributed to bringing Vietnam’s agricultural, forestry and fishery export turnover to a record US$ 41.25 billion in 2020 in the context of the agricultural sector facing many challenges due to natural disasters and epidemics. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25
HCMC targets lower investments in IPs this year
Of the total fresh and additional investments at industrial parks in HCMC recorded at US$760 million last year, foreign investments accounted for some US$370 million (down 7.26% against 2019) due to restricted travels and the global economic decline caused by Covid-19. There were more than 20 new foreign investment projects, mostly to build workshops and warehouses for lease. … [Read more...] about HCMC targets lower investments in IPs this year