Vietnam investment trust

The relationship between Cuba and Vietnam was shaped by the historical mark of the leaders from the two countries. Cuban leader Fidel Castro and President Ho Chi Minh laid the foundation for the special friendship between the two peoples. The Commander-in-Chief has forever left deep impressions on the hearts of Vietnamese people with his pledge that Cuban people were willing to spill their blood for Vietnam. Fidel Castro was also the first politician who came to the liberation region of the south in Vietnam in 1973 when Vietnam was in the resistance war to raise the flag of the Liberation Front and convey his message of supporting Vietnamese revolutionary soldiers fighting against imperialism. Our beloved Uncle Ho also pointed out the deep nature of the bilateral relations and affirmed that Vietnamese and Cuban people would together care and cultivate their common ideals. … [Read more...] about Enhancing the special friendship between Vietnam and Cuba

The leaderships of the two parties took photos after the signing ceremony The Southern Petrochemicals Complex project (in Long Son commune, Vung Tau city) is one of the projects with a great influence on economic development in Ba Ria - Vung Tau province, expected to be completed in 2022. When put into operation, the project will create a strong spread in many fields, especially supporting industries, attracting new investment trends in the post-petrochemicals sector, creating a resilience for the economy of the province. With a total investment of 5.4 billion USD, the Southern Petrochemicals Complex will attract about 1,000 skilled workers and contribute to the budget of about 60 million USD/year. … [Read more...] about World Steel Group signs cooperation contract for US$10 million package of Long Son Petrochemicals project

Vu Minh Tri, CEO of VNG Cloud and vice president of VNG Corporation said, "Like Singapore, Vietnam is committed to supporting innovation and has made it easy for local businesses to access technology from overseas, and startup funding, and invest in human capital development. The relevance of technology has been made clear to businesses after COVID-19 and there is a growing interest among corporations and SMEs in Vietnam to co-innovate new solutions for the growing fintech, retail, and manufacturing industries.” … [Read more...] about VNG Corporation eyes new fintech solution partners at SWITCH 2020

A recent report from the Ministry of Industry and Trade (MoIT) to the Standing Committee of the National Assembly indicates that the number and scale of domestic supporting industry enterprises remains limited, with about 1,800 enterprises manufacturing spare parts and components. Of those, only 300 are engaged in supply chains of multinational corporations. Although the production and technology level of Vietnamese enterprises has gradually improved, most of the domestic products are simple components and details, with medium and low technology content. … [Read more...] about Support industries urged to boost efforts to join global supply chains