Vietnam's industrialization strategy within the framework of Vietnam-Japan cooperation towards 2020, with a vision to 2030, has been approved by the Prime Minister with the goal of promoting technological innovation, increasing labor productivity, creating international competitiveness; making products with high added value, spreading, meeting advanced quality standards in the market for export and domestic consumption.
FDI continues to flow into Vietnam as the country has a positive outlook and a friendly investment and business environment.
The new facility will be equipped with warehousing automation, smart building, and energy-efficient solutions.
The South Korean tech giant would support the training of 100 experts and assist 50 local companies in applying the model of the smart factory in Vietnam.
HNP - The People’s Committee of Hanoi has ordered local public agencies to take stronger actions to improve its Satisfaction Index of Public Administration Services (SIPAS).
Most Southeast Asian economies are likely falling into recession in the first half of 2020 due to the severe impact of the COVID-19 outbreak, according to a fresh report commissioned by the Institute of Chartered Accountants in England and Wales. Growth, however, is expected to spring back to an average 8 per cent in 2021, supported by fiscal stimulus packages and monetary easing.