Viettel High Technology Industries Corporation (VHT), a subsidiary of the Viettel Military Industry and Telecoms Group (Viettel Group) has signed a contract worth nearly 2 million USD with ContactPoint, Inc. of the Philippines to provide a firearm training simulation system to the Philippine National Police (PNP).
Da Nang’s Gross Regional Domestic Product (GRDP) is projected to grow 6-6.5% in 2024, which requires concerted and drastic solutions across spheres, the municipal Statistics Office said on December 29.
Boeing is committed to building an aviation ecosystem in Vietnam, concentrating on developing aviation infrastructure, training human resources, and building airports and airplane maintenance and repair establishments, Dr. Brendan Nelson, Senior Vice President of the US-based Boeing Company told President Vo Van Thuong.
Vietnam needed to redefine its competitive advantages in the new period to be ready to receive foreign direct investment flows from the United Kingdom (UK), experts have said.
Hanoi’s firms operating in the supporting industry are developing strongly, reflected through the continuous increases in the number of businesses, their scale and quality. However, according to economists, the capital city still needs specific policies to make the sector grow further.
The Hai Phong Economic Zone Authority (HEZA) on December 7 granted an investment registration certificate for the Lach Huyen free trade zone, the first of its kind in the northern port city.
The Mekong Delta province of Long An has opportunities and advantages needed for development of a high-tech economic zone in line with the goal set for 2020-2025 by the local Party Committee, said Permanent Deputy Prime Minister Truong Hoa Binh at a conference held in the locality on April 19.
Supporting industry enterprises are witnessing huge opportunities from Vietnam joining free trade agreements and more capital flowing into the country.
The central city of Da Nang has set a goal of developing supporting industries in tandem with high-tech industry to create products with high added value for export.
In recent years, many IT businesses have chosen Da Nang to start up. This has helped the central city become an attractive destination for domestic and foreign high-tech industry communities.
The sixth industry and trade conference for the central – Central Highlands regions took place in the Central Highlands province of Gia Lai on August 16.
A seminar promoting investment to high-tech industry is scheduled to take place in Hanoi on January 14 in a bid to draw foreign investment to the field in Vietnam.
The northern province of Bac Giang will channel focus to promote the development of key industries like agro-forestry processing, electronics, garments, fertiliser, chemical and building materials with a view to becoming an industrial province in the future.
