VN DEVELOPS A PROJECT TO PROMOTE AI APPLICATIONS
The project will also aim to accelerate the development of high-quality human resources and infrastructure system for AIG research, applications, as well as develop an AI ecosystem, promote international cooperation and contribute to the formation of a sandbox legal framework for AIG.
FOREIGN INVESTORS DOMINATE WAREHOUSE SEGMENT
A publication released earlier in June by FiinGroup said that Vietnam’s modern warehousing industry is witnessing strong expansion by foreign investors. Warehousing remains the most attractive segment in Vietnam’s logistics industry thanks to strong commercial, manufacturing, and retail activities, it said.
INDUSTRIAL PROPERTY EXPANDED TO WELCOME FOREIGN-LED CAPITAL
Large manufacturers continue to see Vietnam as a potential candidate in their supply chain diversification strategies. Big moves in early 2024 included the microchip project of US firm Coherent and a scheme to build warehouses for rent by Singapore’s SLP in the southern province of Dong Nai.
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VIET NAM LEADS SOUTHEAST ASIA IN ATTRACTING LONG-TERM INVESTORS
A recent survey by Bain & Company found that Viet Nam leads Southeast Asia in attracting long-term investors. News website News.cn cited this survey as saying that investors believe investment activities in Viet Nam will increase by 83 percent in the period 2025 - 2030.
GOV’T TARGETS TO KEEP INFLATION BELOW 4.5% THIS YEAR
To realize the above goals, the Government tasked ministries and agencies to renew the traditional growth drivers (investment, export and consumption), while promoting new growth engines such as regional connectivity, digital economy, green economy, circular economy, and innovation, along with emerging industries such as semiconductors and Artificial Intelligence (AI).
VIETNAM EARNS US$8.62 BILLION TRADE SURPLUS IN JAN-MAY
Vietnam had a trade surplus of US$8.62 billion in the first five months of this year, according to the General Department of Vietnam Customs. The country exported goods worth US$156.28 billion in the period while spending US$147.66 billion on imports.
REAL ESTATE MARKET EXPECTED TO RECOVER IN Q2 NEXT YEAR
Apartment prices have stabilized, and demand has cooled. However, apartments remain the most liquid assets among real estate products, with stronger interest in Hanoi and HCMC, the Vietnam News Agency reported, citing Nguyen Quoc Anh, deputy general director of the local realty website batdongsan.com.vn.
