VIETNAM AIMS FOR 10 STRATEGIC TECH FIRMS WORTH $1 BILLION BY 2030
The plan, unveiled on June 17, seeks to drive the development of digital infrastructure, workers, data, strategic technologies, and cybersecurity during the 2026-2030 period. Under the scheme, large-scale strategic technology companies must meet several criteria simultaneously, including annual revenue of at least $1 billion and an average workforce of no fewer than 5,000 employees.
VIETNAM ON TRACK TO TOP $1 TRILLION IN TRADE FOR FIRST TIME
With total import-export turnover reaching approximately $445 billion in the first five months of 2026, Vietnam is on track to surpass the $1 trillion trade milestone for the first time. Speaking at the seminar on export trends on June 17, Nguyen Tuan Viet, CEO of VIETGO, a company specialising in export consultancy and international trade matching, said exports continue to be one of the brightest spots of the economy and are making an important contribution to the government’s double-digit growth target.
VIETNAM POSTS SECOND-HIGHEST AI ADOPTION IN SOUTHEAST ASIA
Microsoft noted that AI adoption in Vietnam has increased stably from 21.2 per cent in the first half of 2025 to 26.5 per cent in the first quarter of 2026. In Southeast Asia, Vietnam trails behind Singapore at 63.4 per cent. Meanwhile, Vietnam outperformed most Southeast Asian peers in AI adoption, including Malaysia (21.8 per cent), the Philippines (20.1 per cent), and Thailand (12.4 per cent).
VIETNAM COLLECTS VND1.4 QUADRILLION IN BUDGET REVENUE BY MID-JUNE
According to the Vietnam State Treasury (VNST), disbursements through its system totaled VND188.832 trillion out of the VND923.098 trillion public investment plan for 2026. Domestic capital accounted for VND186.6 trillion, or 20.6% of the assigned target, while foreign-funded capital reached VND2.232 trillion, equivalent to 12.6%.
HCMC APPROVES MAJOR PROJECTS WORTH VND155 TRILLION
The HCMC People’s Council has approved a series of major transport and urban redevelopment projects under public-private partnership (PPP), with preliminary investment estimated at nearly VND155 trillion. Resolutions passed at the closing session of the council’s third meeting for the 2021-2026 term on June 19 included two flagship transport projects.
HCMC POSTS OVER VND500 TRILLION IN BUDGET REVENUE IN FIRST HALF
Ho Chi Minh City collected more than VND500 trillion in state budget revenue in the first six months of 2026, equivalent to nearly 62% of the full-year target, while industrial production and foreign investment surged following the city‘s administrative merger with the former provinces of Binh Duong and Ba Ria-Vung Tau.
LG INNOTEK EXPANDS SEMICONDUCTOR INVESTMENT IN VIETNAM
Vietnam continues to strengthen its position as a preferred destination for high-tech manufacturing investment. Most recently, LG Innotek signed an investment agreement with Hai Phong City to develop a new semiconductor substrate manufacturing facility, marking the company's first semiconductor substrate production project in Vietnam.
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