Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
That includes ten racks for cloud computing services, AI applications, cyber security, with a total investment in the first phase of 800 billion VND (32 million USD).
Deputy Prime Minister Tran Luu Quang on July 29 urged Chinese tyre maker Sailun Group to strengthen connection with and support Vietnamese enterprises to join its value chain and supply chain to promote sustainable development in Vietnam.
The Ministry of Planning and Investment (MPI) is strengthening connections and expanding the participation of new members in the Vietnam Innovation Network, including Vietnamese and international experts and intellectuals.
In continuation of moving their production hubs, this year many of the giants in the world of technology and electronics have announced business expansion plans in Vietnam.
Deputy Prime Minister Le Minh Khai received President of the Republic of Korea (RoK)’s Samsung Electronics Park Hark Kyu in Hanoi on January 13 and suggested that the Korean firm expand its investment in Vietnam to tap opportunities from the sound partnership between the two countries in all fields.
To attract more foreign direct investment (FDI), Vietnam needs to pay attention to training high-quality human resources, accelerating administrate reform and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).
The Saigon Hi-tech Park (SHTP) in Ho Chi Minh City has attracted more than 12 billion USD in domestic and foreign investment since its establishment 20 years ago.
Ho Chi Minh City has set itself a target of meeting 65 percent of its demand for supporting industry products by 2025 by honouring and supporting business that invest in supporting industries.
Samsung Vietnam plans to expand its investment in Vietnam by setting up a research and development (R&D) centre, strengthening cooperation with domestic enterprises, and taking part in public infrastructure projects, its General Director Choi Joo Ho has said.
The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.
Authorities in the central city of Da Nang have approved an investment proposal by Fujikin Incorporated from Japan for an R&D centre at Da Nang High-Tech Park worth a total of 35 million USD.
Vietnam will create optimal conditions for Samsung Electronics to invest in high technology projects, Prime Minister Nguyen Xuan Phuc said on October 20
The Republic of Korea’s conglomerate LG will establish a centre for research and development (R&D) on vehicle components in the central city of Da Nang.
Samsung Vietnam has announced the commencement of construction on a new 220 million USD research and development (R&D) centre in Vietnam, with completion scheduled for late 2022.
The Ho Chi Minh City People’s Committee released its approvals of nine investment projects, including a foreign direct investment (FDI) project and eight domestic ones, into the Saigon Hi-tech Park (SHTP) with a total value of 777.29 million USD.
Foreign-invested enterprises, including Samsung Complex Vietnam (Samsung Vietnam) of the Republic of Korea (RoK), are an important component of Vietnam’s economy, Prime Minister Nguyen Xuan Phuc told Han Myoung-Sup, General Director of Samsung Vietnam at a meeting in Hanoi on May 16.
President Truong Tan Sang asked Samsung Group of the Republic of Korea (RoK) to help Vietnam develop the support industry during a reception for Han Myong Sup, Samsung Vietnam’s General Director.
