Stay updated with the latest news and articles about Prime Minister Pham Minh Chinh.
The Prime Minister underscored that the financial centres are designed to mobilize resources for the growth of Ho Chi Minh City and Da Nang, as well as for the country as a whole. To achieve this, he urged relevant ministries and local governments to focus on essential factors such as infrastructure, human resources, and the overall financial ecosystem.
Vietnam's innovation landscape has expanded impressively, with around 4,000 start-ups, 208 investment funds, and numerous incubators and creative centers. The country ranks 56th globally in the start-up ecosystem and 44th in the Global Innovation Index for 2024. These achievements reflect a growing recognition of innovation’s impact on national development.
The manufacturing sector is rebounding strongly, showing resilience after last year’s difficulties. Purchasing Managers' Index (PMI) data reveals five consecutive months of expansion, with industrial production notably improving in textiles and footwear. This resurgence has led to double-digit export growth, driven by broader market access for Vietnamese agricultural products.
The discussion, part of the Prime Minister’s official trip to the 54th Annual Meeting of the World Economic Forum, focused on cooperation in AI, automotive technology, semiconductor chips, and ecosystems.
Central to the talks was the $1.7 billion Funan Techo Canal project in Cambodia, which aims to create a 180-kilometre artificial canal connecting the country's southwest seaports to the Mekong River.
Under the new arrangement of visa-free entry, Indian travellers can stay in Malaysia for up to 30 days, although security screenings for Indian nationals will still be in place.