Tag: multinational corporations

The prestigious 2025 Nobel Prize in Economic Sciences, announced on October 13th, underscores the pivotal role of innovation in driving long-term growth. This aligns seamlessly with Vietnam’s national development agenda, which prioritizes science, technology, and innovation. Here, innovation transcends mere groundbreaking inventions, embodying disciplined improvements in products, processes, and operational models. These advancements systematically enhance productivity and elevate the quality of growth over time.

At a press conference addressing socio-economic issues in Ho Chi Minh City on the afternoon of October 16, Mr. Do Diep Gia Hop, Deputy Director of the Department of Transportation Infrastructure Maintenance and Operation (Department of Construction), announced that the city is accelerating the implementation of the Ring Road 2 project to ensure its groundbreaking within this year.

Vietnam stands as one of Asia’s most dynamic economies, fueled by a young workforce, high technology adoption, and surging foreign investment. These advantages position the nation to emerge as a global financial hub. The government’s vision extends beyond capital market consolidation, aiming to cultivate an ecosystem that drives innovation, enhances competitiveness, and fosters sustainable long-term growth.