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
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Gov’t urged to develop legal framework for direct lending for SME development
To improve the fund’s effectiveness, UNDP Resident Representative in Vietnam Caitlin Wiesen stressed the need to have a better understanding of the financial ecosystem for SMEs in Vietnam and a strategic role for a new lending channel to boost existing domestic funding. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development
A cheesy treat for all ages
American novelist, editor, and travel writer Hanya Yanagihara once said: “I love how Vietnamese cuisine always tastes like flowers, and how they had the ingenious idea of pairing that floral flavour with seafood: such a combination shouldn't work as well as it does.” … [Read more...] about A cheesy treat for all ages
Vietnam’s supporting industries receive push to develop further
Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further
Nhon-Hanoi Railway Station Metro project open to public
The station S1 with the length of 108 meters and the width of 24 meters is the first station of the metro line. It is comprised of two floors; ticket booths, shopping stores and eateries are located in the first floor. There are four ways to the station with elevators including one for people with disabilities, elderly people, children and women. … [Read more...] about Nhon-Hanoi Railway Station Metro project open to public