The figure marking a year-on-year increase of 28.8%.

Northern Ninh Binh province posted positive economic growth in the first two months of the year with export and import revenue exceeding $561.8 million, marking a year-on-year increase of 28.8%, according to the provincial People’s Committee.

Meanwhile, the province’s industrial production value reached more than VND16.26 trillion ($633 million), up 10.9% year-on-year.

Total retail sales of consumer goods amounted to $17.7 trillion ($689 million), surging 21.9% compared to the same period last year.

In the two-month period, the province welcomed 3.2 million tourists, soaring 18.5% year-on-year. Total tourism revenue was estimated at more than VND3.1 trillion ($12.1 million), jumping 31.4% year-on-year.

The province has set a GRDP growth target of 12% this year. The GRDP per capita is expected at VND105 million ($4,000) per year.

The provincial authorities granted investment certificates for four new projects in the two-month period.

-Nguyễn Thuấn

The southern city to activate new resources by integrating technology into development to drive economic breakthroughs.

"In all activities of the business community today, the need to resolve administrative procedures remains a problem affecting business operations," said Mr. Nguyen Ngoc Hoa, Chairman of the Ho Chi Minh City Business Association (HUBA).

Mr. Hoa made this statement during a meeting on March 6 between the Standing Board of the Ho Chi Minh City People's Committee and representatives of domestic and foreign businesses operating in the southern city.

The meeting was held to gather opinions, address obstacles, and identify solutions to stimulate economic development.

"Ho Chi Minh City is the 'locomotive.' We cannot continue with the old mindset but must adopt a serving mindset, viewing businesses as resources and drivers for development. The government should act as a midwife—supporting, assisting, guiding, and creating a level playing field," emphasized Mr. Nguyen Van Duoc, Chairman of the city People's Committee.

Representing the business community, HUBA proposed that the city prioritize improving administrative procedures. HUBA also expressed the desire for dedicated working sessions with various departments and agencies of the city to collaboratively identify and address obstacles, determining which procedures need to be simplified or eliminated.

The HUBA Chairman further recommended that Ho Chi Minh City activate new resources by integrating technology into development to drive economic breakthroughs.

He called for breakthrough policies to attract investment and encourage businesses to adopt and invest in technology. Additionally, he emphasized the need for flexible mechanisms allowing businesses to lease or transfer technology applications. 

From the perspective of foreign businesses, Mr. Travis Mitchell, Executive Director, AmCham Vietnam HCMC, highlighted the need to focus on infrastructure development.

According to him, many businesses have financial potential and are very interested in the City's market, but they are hesitant to invest in due to concerns about transport infrastructure, seaports, airports, and administrative issues.

He also urged the city to establish a clear and efficient communication channel to promptly address difficulties facing businesses during the investment process, fostering a more attractive environment for foreign investment.

-Thanh Thủy

Total investment capital estimated at VND1.87 trillion ($72.8 million).

Northern Ninh Binh province has started the expansion of the Cao Bo-Mai Son Expressway, which is part of the eastern North-South Expressway.

The 15.2-km expressway section will be expanded from four to six lanes.  

The section runs from Yen Bang Commune in Nam Dinh Province to Mai Son Commune in Ninh Binh Province. Its starting point connects with the Cau Gie – Ninh Binh Expressway and the ending point connects with the Mai Son – National Highway No.45.

Once upgraded, the expressway section will be more than 32m wide, allowing for a maximum speed of 100-120 kph.

The project has total investment capital of over VND1.87 trillion ($72.8 million), financed by the central budget.

Construction is expected for completion in 2026.

The project got approval from the Ministry of Transport last July.

The Cao Bo-Mai Son Expressway was put into service in 2022, with four restricted lanes across a width of 17 m.

 

-Vân Nguyễn

Green spaces make up a substantial proportion of the area, reflecting the city's strong commitment to creating a green, clean, and visually appealing living environment.

The People's Committee of central Thanh Hoa province has officially approved a zoning plan at a scale of 1/2000 for Subdivision D - Do River Tourism Urban Area, located in the province's Sam Son City.

Subdivision D spans the wards of Quang Vinh, Quang Chau, Truong Son, Bac Son, Trung Son, and Quang Tien, with a total planned area of approximately 340.3 ha.

The zoning plan aims to transform Subdivision D into a modern, ecological, and tourist-friendly urban area. It will integrate the scenic potential of both sides of the Do River with existing residential areas and a synchronized infrastructure system, enhancing the urban space and boosting the tourism-service economy of the Do River area and nearby Sam Son beach.

By 2040, the population of Subdivision D is projected to grow significantly, reaching approximately 26,360 people, compared to the current population of 2,892.

The land use plan has been carefully allocated, designating 28.5% of the area for residential use, 5.1% for mixed-use land with residential components, and the remainder for public works, services, green spaces, transportation, and water surfaces.

Green spaces make up a substantial proportion of the area, reflecting the city's strong commitment to creating a green, clean, and visually appealing living environment.

-Thiên Anh

The digital platform business will count among the key contributors to Vietnam reaching its sizeable growth targets in the years to come.

Digital transformation and digital applications are now trends within economic development. In particular, the digital platform business is a new business model, developed based on digital technology, data, and appropriate support, improving efficiency and reducing costs. Its development has therefore become a priority of governments around the world, including in Vietnam.

At the “Developing the Platform Business: A Driving Force for Vietnam’s Digital Economic Growth” workshop, held by the Central Institute for Economic Management (CIEM) on February 19 in Hanoi, Dr. Nguyen Thi Minh Thao, Head of the Business Environment and Competitiveness Research Department at CIEM, said many platform businesses have appeared in Vietnam in recent times. “The development of platform businesses will lead to the growth of supply industries, and at the same time this is also an important industry as a source of products and services for the economy,” she added.

Irreversible trend

CIEM research shows that the platform business model has grown strongly over the past decade and deeply penetrated into many industries and fields in Vietnam, especially transportation, retail, healthcare, education, and banking and finance. It contributes approximately 10 per cent of GDP. Specifically, platform businesses in the transportation sector account for 16.8 per cent of the added value of the platform industry, equivalent to 1.7 per cent of the economy’s GDP.

Every $1 billion worth of final products in the platform business industry will stimulate the total output of the entire economy by $2.754 billion. Considering the spillover effects, every $1 billion worth of final products in this industry will contribute more than $1.191 billion in added value to the economy, create 93,734 job opportunities, and increase worker incomes by $732.6 million.

“Thus, the platform business sector not only stimulates added value, income, and employment opportunities for workers in that sector but also stimulates added value, income, and employment opportunities for workers in other sectors of the economy,” Ms. Thao said. “It has created new opportunities and developed in parallel with traditional production and business methods.”

The CIEM report also analyzed specific cases of platform business development, such as Grab in the transportation sector. This is a pioneering model in technology application and has found favor in Vietnam, promoting the growth of the transportation industry as well as other business sectors based on the platform, thereby making a meaningful contribution to Vietnam’s economic development.

In addition, research has found that the rapid development of platforms has created incentives for traditional businesses to innovate their thinking, improve their internal capacity to boost competitiveness, and adapt to new trends. At the same time, the emergence of platform businesses has prompted policy-making agencies to study and quickly complete the legal framework for flexible and timely management while still encouraging creativity in new development trends and new business models, thereby effectively exploiting the benefits from such trends and business models.

Mr. Tran Quoc Khanh, former Deputy Minister of Industry and Trade, said consumers are willing to spend more with the convenience brought by the digital economy and platform businesses. “As consumer demand increases, it will continue to contribute to GDP growth,” he added. “The platform business also creates many job opportunities because it has the ability to connect supply and demand infinitely, without restrictions on customer size, geography, and low marginal costs. It therefore plays an important role in economic development.”

Value and structure of the platform industry

Continued growth

Based on digital technology and data, the platform business has a lot of space to grow because of Vietnam’s rapidly-expanding digital economy and increasing internet penetration.

A report from Google, Temasek, and Bain Company assessed that Vietnam’s digital economy has posted the fastest growth in Southeast Asia for two consecutive years. The Vietnam E-commerce White Book 2023 from the Ministry of Industry and Trade predicted that, in the 2022-2025 period, Vietnam’s internet economy would see the highest growth in the region, of some 31 per cent each year. Vietnam is regularly anticipated to post the strongest digital economy growth in the region.

In addition, its population of more than 100 million people is a large market for nurturing and developing digital technology businesses. According to the Ministry of Information and Communications, there are currently 50,350 digital technology businesses in operation around Vietnam; higher than the target of 48,000 set by the government. Their rapid growth creates a foundation for expanding and developing digital business services, including platform services in the country.

There is a big difference between economic regions in terms of the contribution to added value the platform industry makes. The Red River Delta (including Hanoi) and the southern region (including Ho Chi Minh City) are the two making the largest contributions. “Thus, it is clear that there is much room for the development of the platform industry and platform services in the other economic regions of Vietnam,” Ms. Thao said.

With the solid foundation created over the past decade and with technological advantages, the digital economy in general and the platform business in particular will continue to be key sectors contributing to Vietnam achieving its GDP growth target of 8 per cent this year and double-digit annual growth in subsequent years.

Top 10 digital platforms in Vietnam

For further development

CIEM’s research also highlighted several challenges in developing platform businesses, including mindsets and perceptions within State management that remain conservative regarding new issues; the rapid evolution of platform business models and the digital economy, which has outpaced legal regulations and institutional frameworks; limited digital infrastructure, particularly in data management; and challenges in risk management for platform business activities.

Notably, the research emphasized the difficulties in proposing and establishing a controlled testing institutional framework, or sandbox, in Vietnam.

Ms. Thao pointed out the process of developing sandboxes follows the same complex steps as drafting regular legal documents, making it time-consuming and bureaucratic. Additionally, policy-making agencies remain cautious about the risks of sandboxes, leading to a lack of support for such policies.

Mr. Khanh agreed that the mechanisms and policies to encourage and promote the development of the digital and platform economy have not kept pace with the rapid evolution of these business models.

To create a strong driving force for the development of platform business services and the digital economy, CIEM recommended that the policy and legal system on the digital economy, including e-commerce, should aim to support businesses, reduce administrative procedures, and shorten licensing times for new technology products and services. A regulatory sandbox for new products, services, and business models applying digital technology is among the key solutions. “The establishment of a sandbox requires breaking away from old management mindsets and issuing policy measures in a timely manner to take advantage of technological opportunities,” Ms. Thao said. “The drafting and approval of a sandbox should therefore follow a simplified process instead of the current complicated and time-consuming process.”

-Ngoc Lan

Vietnam is working closely with Japanese partners to determine a new timeline for launching the satellite, ensuring that it can operate stably on orbit.

 LOTUSat-1, Vietnam's first Earth observation satellite utilizing radar technology, has been completed, alongside the ground system at Hoa Lac Hi-Tech Park, which is fully ready to receive data once the satellite is launched into orbit.

According to Assoc. Prof., Dr. Pham Anh Tuan, Director General of the Vietnam National Space Center (VNSC) under the Vietnam Academy of Science and Technology, LOTUSat-1 was originally scheduled for launch in February 2025. However, the launch has been postponed, and a new date has yet to be announced.

The VNSC is working closely with Japanese partners to determine a new timeline, ensuring that the satellite can operate stably on orbit.

Dr. Tuan highlighted that a team of Vietnamese engineers and experts has been sent to Japan to oversee the entire process of designing, assembling, and testing the satellite in a simulated environment, spanning from the launch phase to its operation in space. These efforts are vital for mastering advanced technology, gaining practical experience in large-scale industrial production, and enhancing Vietnam's expertise in this field.

In Vietnam, the ground system for LOTUSat-1 is located at the Hoa Lac Hi-Tech Park in Hanoi. It includes a 9.3-m diameter ground antenna to receive signals, a control center for satellite operations, and a data processing facility. The Vietnam National Space Center has received advanced technology from Japan to ensure the effective operation of this ground system.

-Bạch Dương

At a working session with the Party Central Committee's Commission for Policies and Strategies on March 7, Party General Secretary To Lam highlighted that changes in mindsets and perceptions are essential to transform policies and actions towards the private economic sector.

Chairing a working session with the Party Central Committee's Commission for Policies and Strategies on March 7, Party General Secretary To Lam stressed the need for a clear strategy to develop the private economic sector that is conformable with Vietnam's current economic development level as well as new geo-economic and geopolitical space, ensuring its strong adaptability, resilience and competitiveness, according to the Vietnam News Agency.

He demanded that the strategy must serve as a roadmap for businesses and economic entities to focus their investments and development directions.

He highlighted the need to fundamentally improving infrastructure and human resources to serve the overall development, creating favorable conditions for all enterprises to grow.

The Party Chief stressed that changes in mindsets and perceptions are essential to transform policies and actions towards the private economic sector, adding it is a must to continue eliminating all misconceptions and prejudices about this sector.

The Party leader called for efforts to replace small-scale and fragmented agricultural thinking while encouraging industrial mindsets focused on large-scale operations and startup spirit nationwide, suggesting multiple forms of commendation should be built to honor the private economic sector’s contributions to the national economy.

Defining institutional barriers as critical obstacles to breakthrough growth, he requested rapid improvements in the investment and business environment and the removal of roadblocks for business development. The General Secretary also emphasized the significance of comprehensive and flexible supporting policies for the sector.

Additionally, he called for ensuring equality and fairness, allowing private enterprises access to capital and means of production no less favorable than state-owned enterprises and foreign-invested companies, enabling private businesses to engage in the nation’s key projects, and supporting small- and medium-sized enterprises to quickly grow into large corporations.

Furthermore, it is important to enhance the connectivity between businesses and  sectors to form a sustainable economic cycle, helping consolidate independence and resilience in economic development while ensuring effective economic integration.

He stressed the need to continue renewal as well as enhancing the Party's leadership role, particularly effective settlement of shortcomings in implementing the Party’s resolutions, conclusions and directions.

To advance the country's socio-economic development in the new era, the Party chief urged the Party Central Committee's Commission for Policies and Strategies to uphold its role as the Party’s strategic advisory body, proposing groundbreaking policies and decisions to drive the nation’s rapid and sustainable growth in the coming time.

-Vân Nguyễn

Despite abundant solar energy resources, Southeast Asia lags behind in the rooftop solar power development race, with a penetration rate of just 5%—equivalent to approximately 30 GW of capacity.

Vietnam-based energy tech startup SmartSolar has successfully raised $1.85 million in a seed funding round led by venture capital funds Picus Capital and 2degrees.

Launched less than six months ago, SmartSolar has already achieved an installed capacity of nearly 1 MWp, serving dozens of small and medium-sized enterprise (SME) customers in Vietnam. The company plans to expand its operations across Southeast Asia, capitalizing on the region's untapped potential for rooftop solar power.

Despite abundant solar energy resources, Southeast Asia lags behind in the rooftop solar power development race, with a penetration rate of just 5%—equivalent to approximately 30 GW of capacity. This figure pales in comparison to countries like Germany, which, despite having less sunlight and only one-eighth of Southeast Asia's population, boasts three times the installed capacity and four times the penetration rate.

This significant market gap presents a promising opportunity for companies like SmartSolar to make a breakthrough.

"Many business owners I've spoken with complain about rising electricity bills but don't know how to solve the problem," said Kevin Junker, Founder of SmartSolar and a former McKinsey consultant in Vietnam and Switzerland.

-Hạ Chi

Freight transport estimated at 471.8 million tons in the first two months of the year.

Transportation services in the first two months of the year continued to boom in terms of both passenger and cargo transport, according to the National Statistics Office under the Ministry of Finance. 

The total number of transported passengers was estimated at 912.4 million, up 13.8% compared to the same period last year, including 812.9 million transport by road, 85.5 million by waterway, and 9.5 million by air.

Meanwhile, the volume of transported freight was estimated at 471.8 million tons, increasing 14.5% year-on-year. Of which, 346.3 million tons transported by road, up 15.5%, and 27.2 million tons by sea, up 25.9%.

-Minh Kiệt

The initiative aligns with the province's overarching vision to develop its Thanh Hoa City into a modern, dynamic, and sustainable urban hub.

The People's Committee of  central Thanh Hoa Province has officially approved a detailed zoning plan for Area 8A at a 1/2000 scale, marking a significant milestone in the urbanization journey of the province's Thanh Hoa City.

The initiative aligns with the province's overarching vision to develop the provincial capital into a modern, dynamic, and sustainable urban hub.

Strategically located in the southeastern urban area of Thanh Hoa City, Area 8A encompasses the wards of Quang Hung, Quang Phu, Quang Tam, and Quang Cat.

Spanning an area of approximately 1,652 ha, the zone is bounded by the Ma River to the northeast, Dong Son and Dong Hai wards to the northwest, Sam Son City to the southeast, and National Highway 47 along with sub-area 8B to the southwest.

With its advantageous geographical position, Area 8A is poised to become a multi-functional urban center, serving as a vital connection between Thanh Hoa City and Sam Son City. This area is envisioned as a cornerstone of regional development, fostering economic growth and improving connectivity.

According to the approved zoning plan, the population of Area 8A is projected to reach about 75,000 by 2040—nearly three times larger than its current size.

-Thiên Anh

The Long Bien Bridge, which spans the Red River, was built from 1898 to 1902 by the Daydé Pillé Company (France) and put into operation in 1903.

Hanoi has announced the approval of a technical assistance project called "Research on the Renovation of Long Bien Bridge," funded by a non-refundable grant from the French Embassy in Vietnam through the FASEP Fund under the French Ministry of Economy and Finance, totaling nearly VND20 billion (over $784,000).

The project aims to determine the feasibility of solutions for ensuring structural safety and alternative uses of the bridge in the future. This includes the safety of people and vehicles using the structure, its heritage value, and scenarios for its future use.

The project consists of three components: Survey, data collection, and analysis/evaluation; Proposing short-term renovation and repair solutions for the bridge to ensure traffic safety; and Researching and proposing options for its future use when the national railway line through the bridge is discontinued and handed over to the Hanoi People's Committee for management.

The project will be implemented over 11 months and is expected to be completed in 2025.

Previously, in 2023, the French Embassy sent a letter to the Hanoi People's Committee offering approximately €700,000 in technical advice and support for research into renovation and repair options for the Long Bien Bridge.

The Long Bien Bridge, which spans the Red River, was built from 1898 to 1902 by the Daydé Pillé Company (France) and put into operation in 1903.

The bridge is 2,290 m long over the river and has 896 m of approach spans. It has a single-track railway running in the middle, with roads for motorized vehicles and pedestrians on either side.

-Hoàng Bách

In February and the first two months of 2025, the socio-economic situation recorded many positive developments. In which, the total import and export turnover of goods in the first two months reached $127.07 billion, up 12% y-o-y. The consumer price index (CPI) in February increased by 2.91% year-on-year...@media (max-width: 768px) { .detail__content iframe[data-name="webhtml"] { border: 1px solid #ccc !important; width: 100% !important; min-height: calc(100vh + 200px) !important; } } @media (min-width: 800px) { .detail__content iframe[data-name="webhtml"] {width:1024px; height:680px;} }

-Vietnam Economic Times/ VnEconomy

The My Thuy port project comprising 10 berths.

The first berth of the My Thuy Port project in central Quang Tri province is said to be expected for completion in November this year, according to its investor.

The project was resumed in March 2024 after a four-year hiatus.

Spearheaded by the My Thuy International Port Joint Stock Company (MTIP), the project received investment approval from the Prime Minister on January 4, 2019.

Situated in Hai Lang district, the 685-ha project has a total investment capital exceeding VND14.23 trillion ($555 million), with the investor's contribution amounting to VND2.143 trillion ($83.6 million).

The project is divided into three phases, comprising 10 berths totally.

In the first phase (2024-2026), four berths will be constructed to accommodate vessels of up to 100,000 DWT, featuring a total quay length of 1,300 meters, a wharf length of 1,341.5 meters, and a width of 41.5 meters. The first berth is slated for completion in November this year while the second berth is scheduled for completion in February 2026.

 

 

 

-Xuân Nghi

The fund aims to mobilize social resources to increase low-cost housing supply

Under Prime Minister Pham Minh Chinh’s directive, a national housing fund will be established later this month.

The Prime Minister made the instruction during a video-teleconference on social housing development, held in Hanoi on March 6, according to the Government News.

The fund aims to mobilize social resources to increase low-cost housing supply in Vietnam, especially in major urban centers.

The demand for social housing is very high in Vietnam but construction process remains slow.

The PM tasked relevant ministries, agencies and localities perform their tasks in line with their functions, duties, and authority and deploy breakthrough solutions on social housing development.

He was quoted by the Government News as saying at the video-teleconference that the Government targets to cut at least 30 per cent of administrative procedures in 2025 in a bid to speed up construction progress.

The Ministry of Construction was assigned to review and propose preferential policies for social housing development, which must be submitted to the Prime Minister either this month or in April.

Vietnam targets to build at least 1 million social housing units for low-income earners and workers at industrial parks during the 2021–2030 period.

However, so far, only 103 projects with 66,755 apartments were completed, equivalent to less than 7 per cent of the preset goal. Meanwhile, 137 other projects have been under construction with 114,618 apartments. Over 400 other projects got construction licenses with 412,200 apartments.

-Phạm Long

The total area of newly planted forests nationwide reached approximately 20.1 thousand hectares, an 8.8% increase year-on-year.

The first two months of 2025 witnessed remarkable growth in forestry and seafood production, according to the Ministry of Finance’s National Statistics Office.

Timber production surged, marine seafood harvesting yielded encouraging results, and aquaculture benefited from high market prices for farmed products.

In the forestry sector, the area of newly planted concentrated forests nationwide in February was estimated at 11.4 thousand hectares, marking an 8.5% increase compared to the same period in 2024. Timber production also saw a significant rise, reaching an estimated 1.33 million cubic meters—an 18.2% growth from the previous year. This increase was driven by higher raw wood prices, which motivated people to harvest mature timber.

Over the first two months of the year, the total area of newly planted forests nationwide reached approximately 20.1 thousand hectares, an 8.8% increase year-on-year.

Seafood production also recorded notable improvements. Total February seafood output was estimated at 650.5 thousand tons, a 4.0% increase compared to February 2024. Of this, fish contributed 479.6 thousand tons (up 4.1%), shrimp 69.3 thousand tons (up 5.4%), and other seafood 101.6 thousand tons (up 2.6%).

Aquaculture production for the month reached 362.5 thousand tons, reflecting a 4.6% growth year-on-year, while seafood harvesting achieved an estimated 288.0 thousand tons, a 3.2% rise. Cumulatively, total seafood production in the first two months of 2025 was estimated at nearly 1.3 million tons, an increase of 2.4% compared to the same period last year.

-Chương Phượng

Total registered capital hitting VND136.4 trillion ($5.32 billion).

Over 10,100 enterprises were established in February with total registered capital of nearly VND136.4 trillion ($5.32 billion), according to the Ministry of Finance’s National Statistics Office.

The figure represents a year-on-year rise of 34.4% in the quantity and a 2.1-fold increase in value.

It brings the total number of firms established in the first two months of the year to nearly 20,800 with total registered capital of over VND230.4 trillion ($8.99 billion), up 4.9% year-on-year in quantity but down 8.9% in capital.

Existing enterprises resuming operations in the past two months reached nearly 29,100, surging 53.2% compared to the same period last year.

The first two months also saw almost 56,900 businesses registering for a temporary suspension of operations, soaring 15.5% year-on-year.

-Anh Nhi

Seven working groups set up to monitor ministries, agencies and localities with low disbursement rate.

Prime Minister Pham Minh Chinh signed a decision on March 6 to set up 7 working groups to accelerate the disbursement of public investment capital.

They are in charge of reviewing obstacles facing public projects and proposing solutions to speed up the disbursement of public investment capital as well as improve capital use efficiency at those ministries, agencies and localities that have the disbursement rate lower than the national average.  

They are tasked to monitor the adoption of regulations on public capital allocation by ministries, agencies and localities annually.

The task forces will also review the implementation of measures to facilitate the disbursement of public investment capital by ministries, agencies and localities as directed by the Government and the Prime Minister.

They will report results and recommendations to the Prime Minister within five working days after finishing examining public capital disbursement by relevant ministries, agencies and localities.

 

-Mỹ Văn

As businesses accelerate their digital transformation journeys, Zebra's solutions will serve as a catalyst to enhance efficiency, boost productivity.

Zebra Technologies has announced its strategic focus for the Vietnamese market, highlighting key trends driving industry transformation, including mobility, cloud computing, artificial intelligence (AI), digitization, the on-demand economy, and automation.

At the recent Regional Partner Summit 2025 in Da Nang, the global leader in innovative digital solutions, hardware, and software reaffirmed its commitment to supporting partners and customers in Vietnam and Southeast Asia.

A representative from Zebra emphasized that as businesses accelerate their digital transformation journeys, Zebra's solutions will serve as a catalyst to enhance efficiency, boost productivity, and enable real-time decision-making across diverse industries.

The company's 2025 strategy for Vietnam is built on three main pillars.

First, through the PartnerConnect program, Zebra aims to strengthen collaboration and foster innovation with Vietnamese partners to achieve mutual success.

Second, Zebra is dedicated to continued investment in Vietnam, supporting local talent, promoting economic growth, and advancing digital transformation.
Third, Zebra offers tailored solutions to address the diverse needs of businesses in Vietnam, particularly in manufacturing, retail, transportation, logistics, and healthcare. These solutions aim to empower businesses to thrive in the digital age.

-Hoàng Anh

The development of a National Assembly Resolution is considered a vital step in realizing this vision.

The Government has approved a proposal from the Ministry of Finance to develop a National Assembly Resolution on establishing a Financial Center in Vietnam.

The projected Resolution aims to create a robust legal framework, foster the development of the financial market, attract leading global financial institutions, and ensure a level playing field for both domestic and foreign businesses.

This initiative is expected to strengthen Vietnam's integration with the global financial market, drive sustainable economic growth, enhance its international reputation, and ensure national financial security.

According to the Ministry of Finance, Vietnam stands out as a beacon of economic development, demonstrating macroeconomic stability and strong investment appeal. Moreover, Vietnam's leadership in adopting innovative financial technologies positions it to create a competitive edge and develop "unique" products for the Financial Center.

The country is steadily building the foundations necessary to develop a modern financial market and establish a Financial Center capable of connecting with regional and global financial hubs.

The development of the draft National Assembly Resolution is considered a vital step in realizing this vision. It will lay the groundwork for the successful formation of a regional and international financial center, helping Vietnam deepen its global financial ties, attract foreign financial institutions, mobilize new investment resources, and capitalize on shifting international capital flows.

-Ngân Hà

The total investment capital for the project is some $88.2 million, with the investor's contributed capital accounting for over $13.2 million.

The People's Committee of northern Nam Dinh province on March 6 approved the investment policy for the Hai Long Industrial Park (VSIP Nam Dinh), phase 1, on March 6.

Under the Commitee's decision, the Vietnam Singapore Industrial Park J.V., Co., LTD (VSIP) will be the main investor. 

The project aims to construct and operate infrastructure of the industrial park on an area of approximately 180 ha, located in Giao Long and Giao Chau communes, Giao Thuy district.

The total investment capital for the project is nearly VND2.25 trillion ($88.2 million), with the investor's contributed capital accounting for VND337.4 billion (over $13.2 million).

The project is expected to commence in the third or early fourth quarter of 2025 and complete all infrastructure by the fourth quarter of 2027. The project's operating term is 50 years, starting from the date the investor is granted lease land by the State.

According to the planning of Nam Dinh province for the period 2021 - 2030, with a vision to 2050, in addition to the Ninh Co economic zone, six industrial parks (Hoa Xa, My Trung, Bao Minh, Bao Minh expansion, Rang Dong Textile and Garment, My Thuan) and many industrial clusters are currently in operation.

The locality expects to develop 10 additional industrial parks and many new industrial clusters.

-Anh Nhi