Deputy Prime Minister Ho Duc Phoc met with Mr. Yang Weidong, Chairman of the Board of Huashe Design Group (China) – Photo: VGP/Tran Manh
Founded in 1960, Huashe Design Group originated as the Jiangsu Provincial Transportation Planning and Design Institute. It is a large-scale private design conglomerate in China, employing nearly 7,000 professionals globally. The group ranks 3rd in the “Top 100 Strongest Enterprises in the National Survey and Design Industry” and 49th in the “Top 150 Best Design Firms Worldwide.”
Huashe Group’s core services include planning consultancy, surveying, design, and testing.
Welcoming Mr. Yang Weidong, Deputy Prime Minister Ho Duc Phoc highlighted Vietnam’s focus on breakthrough development strategies driven by science, technology, innovation, and digital transformation to elevate its economy.
Discussing Vietnam’s economic landscape, the Deputy Prime Minister noted an 8.3% GDP growth, a $100 billion budget revenue, $911 billion in trade, and a 3.6% inflation rate for the year.
Vietnam is accelerating infrastructure development, including major airports, seaports, and modern highways. This year will see the completion of 3,000 km of expressways, Phase 1 of Long Thanh Airport (ranked 6th globally), and advanced international seaports. Later this year, construction will begin on a high-speed rail linking Chinese localities to Haiphong, along with the North-South high-speed railway.
Deputy Prime Minister Ho Duc Phoc encourages Huashe Group and Jiangsu enterprises to explore and expand investments in Vietnam – Photo: VGP/Tran Manh
Emphasizing Huashe Group’s international success, Deputy Prime Minister Ho Duc Phoc urged the group and Jiangsu enterprises to invest further in Vietnam.
Mr. Yang Weidong highlighted Huashe’s collaboration with Vietnam’s Deo Ca Group on projects like the Red River Avenue, Lang Son–Cao Bang–Bac Kan Expressway, and Phase 2 of the North-South Eastern Expressway. Partnerships include technology transfer, AI-driven infrastructure management, and strategic investment in 2AZ Consulting.
Mr. Yang expressed confidence in deploying Huashe’s advanced technologies in Vietnam through workforce training and innovation.
Leaders from Jiangsu’s Beijing Enterprise Association emphasized interest in infrastructure, high-speed railways, AI, digital transformation, and cultural exchanges, citing Vietnam’s economic potential and cooperation opportunities.
Deputy Prime Minister Ho Duc Phoc praised Huashe and Deo Ca’s collaboration in training, technology transfer, and AI-driven infrastructure management.
He noted Vietnam’s challenging terrain and frequent flooding, stressing the need for resilient infrastructure like tunnels, bridges, and straight roads.
Deputy Prime Minister Ho Duc Phoc assures a favorable environment for foreign investors, including Chinese enterprises, in Vietnam – Photo: VGP/Tran Manh
Highlighting Chinese expertise in advanced infrastructure, the Deputy Prime Minister called for technology transfer and sustainable partnerships between Huashe, Jiangsu firms, and Vietnamese enterprises.
Mr. Yang Weidong pledged to share Huashe’s cutting-edge tunnel and bridge technologies with Vietnamese partners for mutual growth.
Deputy Prime Minister Ho Duc Phoc reaffirmed Vietnam’s commitment to supporting foreign investors, including Chinese firms, in compliance with international laws. He encouraged high-tech, eco-friendly projects from Huashe and Jiangsu enterprises.
He expressed confidence in Huashe and Jiangsu firms’ success in Vietnam, fostering economic growth and bilateral ties between Vietnam and China.
Prime Minister: Decisively Eliminate Unnecessary Procedures Burdening Citizens
On the morning of November 15th, Prime Minister Pham Minh Chinh, Head of the Government’s Steering Committee for Science, Technology, Innovation, Digital Transformation, and Project 06, chaired the 5th meeting of the Steering Committee.
Prime Minister: Allocating 95 Trillion VND from the 2026 Budget for Science and Technology
At the conclusion of the 5th meeting of the Government’s Steering Committee on Science, Technology, Innovation, Digital Transformation, and Project 06, Prime Minister Pham Minh Chinh announced an allocation of approximately 95 trillion VND from the 2026 budget for these initiatives. He emphasized the need for rapid and robust development that is also sustainable, as well as widespread growth that ensures security and safety. The Prime Minister further stressed the importance of shifting from a passive approach to actively creating development and serving both citizens and businesses.
VietinBank Targets 2025 Pre-Tax Profit of VND 32,500 Billion, Poised to Enter Gold Market
At the investor conference held on the afternoon of November 13, 2025, Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank, HOSE: CTG) forecasted a stable Net Interest Margin (NIM) with potential improvement by the end of 2026. Additionally, the bank identified emerging business segments, including the National Gold Trading Platform and digital assets, as key strategic focuses.












































