Ministry of Planning and Investment (Vietnam)

Vietnam Ramps Up as New Epicenter of Asia's Economic Growth: Vietnam Venture Summit

Retrieved on: 
Monday, October 30, 2023
Fintech, NIC, Policy, Government of Vietnam, Golden Gate, Silicon, NYSE, Health care, Investment, Playbook, Ministry of Planning and Investment (Vietnam), Science and technology in Asia, Wind, Toll roads in Great Britain, Summit, Ministry, Growth, Ecosystem, Partnership, Association of British HealthTech Industries, Economic development, World Bank, Tony Blair Institute for Global Change, Vietnamese government response to the COVID-19 pandemic, Director general, AI, VNG, FDI, Vingroup, Initial public offering, New York Stock Exchange, SEA, Clothing, Agriculture, Drug, Renewable energy, VinFast

HANOI, Vietnam, Oct. 30, 2023 /PRNewswire/ -- Vietnam Venture Summit 2023, hosted by Vietnam's Ministry of Planning and Investment and co-organized by Vietnam National Innovation Center (NIC) and Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, kicked off today with an international cast of over 1,000 business leaders and investors, all eyeing Vietnam's rapid rise as a global economic powerhouse.

Key Points: 
  • Themed "Innovating Through Adversity: Strategies for a Transformative Vietnam", the fifth edition of this annual summit tackled the question of Vietnam's future as an investment hub in 2024.
  • "2023 has been an important year for demonstrating to the world that Vietnam's economic growth is built on strong fundamentals.
  • As part of the Summit, NIC and Golden Gate Ventures also launched a report outlining the country's growth trajectory. "
  • As part of Vietnam Venture Summit 2023, 30 international and Vietnamese ecosystem players together with Golden Gate Ventures committed to accelerate Vietnam's 2030 ambitions at the Vietnam Venture Summit.

Vietnam: Can it become the Fintech Mecca of the east?

Retrieved on: 
Tuesday, March 21, 2023
Fintech, Executive, VGP, Senior, WFIS, Smartphone, COVID-19, FSI, HHNH, Attention, Ministry of Planning and Investment (Vietnam), World Bank Group, Organization, Ministry, Visa, Mastercard, Growth, Investment, SMS, TCB, Bank, Management, Insurance

It's forecasted that the country's fintech market will reach a staggering $18 billion mark by 2024.

Key Points: 
  • It's forecasted that the country's fintech market will reach a staggering $18 billion mark by 2024.
  • Housing close to 200 fintech organizations, now 66% of adults have payment accounts as listed by the Ministry of Planning and Investment.
  • The success of these promising fintech organizations has been linked with their close ties with the banking sector that has created invaluable synergies.
  • He will also be seen as a key speaker for the same fintech event that's WFIS.

Vietnam Venture Summit 2022 a Roaring Success with Venture Capital Community Pledging Over US$1.5 Billion Investment in Vietnam

Retrieved on: 
Monday, December 19, 2022
Cloud, NIC, Techcombank, Ecosystem, GDP, General partnership, SEA, HSBC, Ministry of Planning and Investment (Vietnam), Investment, Growth, Venture capital, Ministry, Silicon, Government, VC, Video game, Financial services, Appendix

HANOI, Vietnam, Dec. 19, 2022 /PRNewswire/ -- Vietnam Venture Summit 2022, hosted by Vietnam's Ministry of Planning and Investment and co-organized by Vietnam National Innovation Center (NIC) and Golden Gate Ventures, a venture capital fund in Southeast Asia (SEA) founded by Silicon Valley natives, closed on a high with an alliance of over 40 Venture Capital firms pledging over US$1.5 billion in investment into Vietnam's startup ecosystem over the next few years. The commitment is backed by over 40 Venture Capital firms spanning Korea, Japan, Singapore, Indonesia, the US, and Vietnam (full list of firms can be found in the Appendix).

Key Points: 
  • The commitment is backed by over 40 Venture Capital firms spanning Korea, Japan, Singapore, Indonesia, the US, and Vietnam (full list of firms can be found in the Appendix).
  • This optimistic atmosphere was underscored by an international alliance of venture capitalists pledging US$1.5 billion in investment to be deployed across equity investment, business development, talent development, corporate debt, and capital development.
  • "The mood for the first Vietnam Venture Summit in 2019 was extremely bullish about this country's development.
  • "The Vietnam Venture Summit is as much about action as it is about high-level strategic directions that will shape the market's and the region's future.

Aurora IP assists Vietnam’s textile and garment sector in Fourth Industrial Revolution

Retrieved on: 
Monday, December 19, 2022
Aurora, FDI, Ministry, IPS, Fourth Industrial Revolution, Ministry of Planning and Investment (Vietnam), MPI, Workforce, IP, Water supply, Clothing, Property management

HANOI, Vietnam, Dec. 18, 2022 (GLOBE NEWSWIRE) -- In the wave of international integration and the Fourth Industrial Revolution, Vietnam is accelerating industrial zone restructuring and catching up with global trends.

Key Points: 
  • HANOI, Vietnam, Dec. 18, 2022 (GLOBE NEWSWIRE) -- In the wave of international integration and the Fourth Industrial Revolution, Vietnam is accelerating industrial zone restructuring and catching up with global trends.
  • The growing textile and garment industry is one of the most important links in the global supply chain, significantly contributing to the FDI flow into Vietnam.
  • Aurora IP is a green - clean - sustainable industrial park with a well-balanced industrial ecological community, one of the few IPs in Vietnam qualified for fabric-dyeing facilities.
  • “By applying advanced technology, textile and garment manufacturers in Vietnam are improving their competitiveness and position in the global value chain.

Earable® Neuroscience Launches FRENZ™ Brainband globally, following the recognition at CES Innovation Awards 2023

Retrieved on: 
Thursday, November 17, 2022
Wearable technology, History, Electronics, NIC, National Innovation Center, University, Ministry, University of Colorado Denver School of Public Affairs, Neuroscience, Sleep, Consumer Electronics Show, CES, EEG, MPI, Tax, Ministry of Planning and Investment (Vietnam), Relaxation, Consumer electronics, Medical imaging

BOULDER, Colo., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Earable Neuroscience has announced that the FRENZ Brainband will be showcased at the Consumer Electronics Show (CES 2023) and has been awarded the CES 2023 Innovation Awards for the Wearable Technology category.

Key Points: 
  • BOULDER, Colo., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Earable Neuroscience has announced that the FRENZ Brainband will be showcased at the Consumer Electronics Show (CES 2023) and has been awarded the CES 2023 Innovation Awards for the Wearable Technology category.
  • FRENZ by Earable Neuroscience is the world's most accurate consumer brainband that can track and stimulate brain activity for better sleep, focus, and relaxation.
  • The recognition from the industry leaders of consumer electronics at the CES Innovation Awards marks a significant milestone as we are gearing up for FRENZ global launch at CES 2023, said Tam Vu, CEO of Earable cum Professor at the University of Colorado.
  • Earable invented FRENZ brainband - the world's most accurate consumer wearable that can track and stimulate brain activity for better sleep, focus, and relaxation.

Large room for the development of textile industry in northern Vietnam’s Nam Dinh province

Retrieved on: 
Monday, November 7, 2022
Aurora, FDI, Ministry, EVFTA, Industry, GLOBE, Ministry of Planning and Investment (Vietnam), Provincial Competitiveness Index, PCI, CEO, COVID-19, Orientation, Association, Water supply, Development, Clothing, Renewable energy, EU

Meanwhile, the Vietnamese industrial real estate market continues to record positive signals, attracting a large amount of foreign capital.

Key Points: 
  • Meanwhile, the Vietnamese industrial real estate market continues to record positive signals, attracting a large amount of foreign capital.
  • Nam Dinh province, the cradle of Vietnams textile and garment industry, converges favorable factors for industrial real estate development as well as the province's incentive policies for investors.
  • According to Vietnams General Statistics Office Nam Dinh province was home to 123 FDI projects, with a total registered capital of $3.7 billion.
  • Nam Dinh province is focusing on attracting investment capital to continue promoting textile and garment- its spearhead industry.

China and its Southeast Asian neighbors need to enhance industrial cooperation

Retrieved on: 
Sunday, October 9, 2022
Review, Commerce, Development, Growth, General Administration of Sport of China, Hanyu, Ministry of Planning and Investment (Vietnam), Customs, Economic development, Research, Renmin University of China, Investment, Beijing Review, Technology, Ministry of Commerce (China), Car, Ministry, Ministry of Industry and Trade (Vietnam), Wang, National academy, COVID-19, TCL, Renewable energy, Weapon, Retail, Rare-earth element, Industry

Viet Nam's rising status in the global supply chain has sparked discussion of the possibility that it will take away orders from China.

Key Points: 
  • Viet Nam's rising status in the global supply chain has sparked discussion of the possibility that it will take away orders from China.
  • "It is a natural process of industrial upgrading for China," Wang told Beijing Review, adding that the development of near neighbors will facilitate mutual prosperity.
  • "Economic development has raised the cost of labor-intensive businesses in China so companies have turned their eyes to Southeast Asian countries with cheaper workforces."
  • "Southeast Asian countries are unlikely to replace China as a destination for foreign investment," Wang said, citing statistics released by Viet Nam's Ministry of Planning and Investment.

Aurora IP unlocks the FDI flow into Nam Dinh province

Retrieved on: 
Monday, August 15, 2022
Industry, CEO, GLOBE, Growth, Ministry of Planning and Investment (Vietnam), Environment, Water supply, Ministry, Investment, Goal, Water pollution, Renewable energy, Clothing

As part of the countrys efforts to attract more foreign capital investment, Nam Dinh province recently has carried out many synchronous and effective decisions in creating a favorable business environment for foreign investors.

Key Points: 
  • As part of the countrys efforts to attract more foreign capital investment, Nam Dinh province recently has carried out many synchronous and effective decisions in creating a favorable business environment for foreign investors.
  • Among the projects located in the province, Aurora IP developed by one of Vietnam's leading real estate developers Cat Tuong Group, has contributed to unlocking the foreign investment capital flow into the province.
  • The initial success of the Aurora IP project and the likes is the foundation for the province to set goals in 2022: GRDP growth of 8.5%-9.5%.
  • We at Cat Tuong Group understand that the development of Aurora IP will actively contribute to the overall development of the province in attracting foreign investment.

Aurora IP completes legal procedures to welcome foreign investors

Retrieved on: 
Monday, August 8, 2022
Aurora, FDI, CEO, GLOBE, Growth, IP, Ministry of Planning and Investment (Vietnam), Environment, Ministry, Compensation, Wastewater, Textile industry, Investment, Criminal-justice financial obligations in the United States, Time

Aurora IP is one of the emerging projects in the north with completed and clear legal procedures and ready infrastructure for investors.

Key Points: 
  • Aurora IP is one of the emerging projects in the north with completed and clear legal procedures and ready infrastructure for investors.
  • Truly understanding that legal procedures are very important for a foreign business operating in Vietnam, Aurora IP has completed all the legal procedures that ensure a safe business environment for investors.
  • Not only legal procedures, but the infrastructure is also ready to be put into operation and welcomes investors around the world.
  • In addition to land leasing, Aurora IP also provides built-to-suit factory solutions which certainly boost flexibility for the investment plan of secondary investors.

Aurora IP's green textile industrial park model highly appreciated by experts

Retrieved on: 
Monday, July 25, 2022
Well, Development, Association, Carbon, Environment, Ministry of Planning and Investment (Vietnam), Water, GLOBE, Industry, Natural Resources, 2016 United Nations Climate Change Conference, Government, Electricity, IP, Solution, Climate change, FTA, Conference, Ministry, Party, Water supply, MPI, Renewable energy

Experts believe that environmental-friendly production will be an inevitable trend in the green growth strategy.

Key Points: 
  • Experts believe that environmental-friendly production will be an inevitable trend in the green growth strategy.
  • Its necessary to transform from traditional industrial zones to more sustainable industrial zones.
  • He suggested that solutions towards green industrial parks must still meet the most basic requirements such as electricity, water, and labor resources.
  • The direction of Aurora IP towards the green textile industry, according to experts, is the right path.