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VIETNAM UP TWO PLACES, RANKING 44TH IN GLOBAL INNOVATION INDEX
According to the 2024 Global Innovation Index (GII) report, Vietnam ranks 44th out of 133 countries and economies, moving up two spots from 2023. Vietnam leads the world in three indices: high-tech imports, high-tech exports, and creative goods exports.
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INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
NAM DINH TO BUILD TWO NEW INDUSTRIAL CLUSTERS
Its primary industrial activities are mechanical engineering, supporting industries, food processing, pharmaceutical production, automotive parts manufacturing, electronics assembly, electrical equipment production and other manufacturing and processing industries.
TECHNOLOGY
TELECOMS SERVICE PROVIDERS INVEST IN 4G, 5G TECHNOLOGIES
The Ministry of Information and Communications (MIC) cited the Groupe Speciale Mobile Association (GSMA) and Ericsson as predicting that 4G will remain the dominant technology with the majority of subscribers, 55 per cent, to 2025.
MEMBER CORNER / PROMOTIONS
VIETNAM ON THE RISE: KEY INVESTMENT OPPORTUNITIES IN THE NORTH CENTRAL REGION – JOIN OUR WEBINAR!
WHA Group invites you to an exclusive webinar, "Vietnam on the Rise: Key Investment Opportunities in the North Central Region," co-hosted with ICBC Bank and Yingke Law Firm. This insightful session will explore the expanding investment landscape in North Central Vietnam, with a particular focus on Nghe An Province—an emerging hub for industrial growth and land development.
VIETNAM ECONOMY INVESTMENT
VIET NAM’S EXPORT-IMPORT TURNOVER HITS OVER US$681 BLN BY MID-NOVEMBER
As of November 15, Viet Nam's total import-export turnover reached US$681.48 billion, a year-on-year increase of 15.7 percent, reported the General Department of Viet Nam Customs.
BANKING / FINANCE / INSURANCE / TAX
FROM 2026, SMALL BUSINESSES WITH REVENUES UNDER VNĐ200 MILLION WILL BE EXEMPT FROM VAT
Effective January 1, 2026, a new regulation approved by the National Assembly (NA) on Tuesday will exempt individuals and household businesses with annual revenues below VNĐ200 million (approximately US$7,870) from value-added tax (VAT).
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HAI PHONG: CONSTRUCTION OF THE CARGO TERMINAL AT CAT BI INTERNATIONAL AIRPORT
The cargo terminal at Cat Bi International Airport, with a total investment of 724 billion VND, is designed to handle 100,000 tons of cargo per year, expandable to 250,000 tons. The project is set to be operational by January 2026.
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