Investments

The Prime Minister has appointed Mr. Nguyen Hong Thanh as the Acting Chairman of Tay Ninh People's Committee until a permanent replacement is found.

Alongside investing in transportation infrastructure, Ho Chi Minh City plans to boost the development of a multi-purpose high-tech hub, with a focus on AI, Big Data, and innovation, slated to be located in Thu Duc City.

The authorities have identified Ho Quoc Than, CEO of Trieu Nu Cuoi Company, as being complicit in the propaganda and sale of the quantum currency QFS, raking in an estimated 30 billion VND.

Prime Minister Pham Minh Chinh has issued a stern warning against the scourge of corruption in the construction materials industry. He affirmed his government's unwavering determination to combat bribery and corruption in the mining license approval process.

The People's Committee of Binh Phuoc province has recently approved an investment proposal for a bauxite mining, ore extraction, and alumina processing complex, with a total investment of approximately VND 22,780 billion (equivalent to USD 911.2 million).

The Vietnamese government has unveiled an ambitious plan for a national carbon market. According to the proposal, a pilot carbon trading platform will be launched in June 2025, with official operations commencing in 2029. This marks a significant step forward in Vietnam's commitment to tackling climate change and transitioning to a low-carbon economy.

With an anticipated completion date set for the fourth quarter of 2025, the construction units are accelerating their efforts to complete the 220kV Tuong Duong - Do Luong and 220kV Do Luong - Nam Cam power line projects ahead of schedule.

While we are still grappling with the intricacies of formulating a comprehensive approach to managing digital assets, the five remaining countries in the ASEAN-6 bloc (Singapore, Thailand, Indonesia, Malaysia, and the Philippines) have made significant strides in this arena.

The Hanoi People's Committee and the Bac Ninh Provincial People's Committee have agreed to report to the Prime Minister on their preferred option for constructing a road connection between Gia Binh - Bac Ninh Airport and the capital city of Hanoi.

The 43rd session of the National Assembly Standing Committee (NASC) will be held over 2.5 days, from March 10 to 11 and the afternoon of March 14. This session will see the NASC deliberate and provide opinions on a range of significant issues.