Investments

During his meeting with Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh proposed prioritizing railway cooperation and expressed his determination to commence the construction of the Lao Cai-Hanoi-Hai Phong route in 2025. He requested China's support in preferential credit, technology transfer, and human resources development.

During his meeting with Hungarian President Sulyok Tamás, General Secretary To Lam emphasized Vietnam's commitment to its special relationship with Hungary. He affirmed Vietnam's willingness to act as a bridge between Central European countries and Southeast Asia, while also exploring new avenues of cooperation in areas such as nuclear energy, defense, and innovation.

With the ambition to become the semiconductor hub of the region and a crucial link in the global semiconductor supply chain, Vietnam has been attracting a significant number of foreign investors. Given the strong political and economic ties between our countries, Deputy Prime Minister Nguyen Chi Dung encourages Japanese businesses, particularly Kioxia Corporation, to seize the opportunity and invest in Vietnam's semiconductor industry.

The multi-billion-dollar wind power project, with an estimated investment of US $4.5 billion, will be strategically phased to match the demand for load requirements in each stage of development.

The groundbreaking ceremony of this factory marks a significant step towards materializing the technology transfer collaboration between Vietnam and France's strategic partners in vaccine production.

In recent times, the police forces of several provinces and cities have published lists of vehicles violating traffic regulations through the "cold" penalty system. Notably, a significant number of these vehicles bear Hanoi license plates.

"The Minister of Home Affairs has tasked the Department of Organization and Personnel to take the lead in coordinating with relevant units to closely monitor and regularly update the number of officials, civil servants, and public employees who leave their jobs due to organizational restructuring. This information will be proactively sent to the Ministry of Finance to facilitate budget allocation and timely additional funding for the payment of allowances and benefits to those who have left their positions as a result of the structural adjustments."

"As part of his official visit to Malaysia and attendance at the 46th ASEAN Summit and related summits, on May 27, Prime Minister Pham Minh Chinh met with the Secretary-General of the Gulf Cooperation Council (GCC), Jasem Mohamed AlBudaiwi."

"With a strong commitment to national economic growth, this enterprise prioritizes collaboration and partnership with domestic businesses and corporations. By harnessing the capabilities of local enterprises, this organization ensures that projects and tasks are executed with a deep understanding of the domestic market, fostering a robust and resilient economy."

On the afternoon of May 27th, in Kuala Lumpur, Malaysia, Prime Minister Pham Minh Chinh led a high-level Vietnamese delegation to attend the ASEAN-Gulf Cooperation Council (GCC) Summit with China, themed "Strengthening Economic Connectivity for Shared Prosperity."