With the surging demand for artificial intelligence (AI), the race to build and upgrade data centers is becoming increasingly competitive in Viet Nam, noted investment promotion portal Invest Viet Nam.]]> Foreign direct investment (FDI) inflows to Viet Nam will remain robust in 2025. The country has benefited significantly f-rom its FDI performance, both in accessing the global market and upgrading its productive capabilities.]]> Ha Noi continued to lead in the Provincial Innovation Index (PII) 2024 released by the Ministry of Science and Technology on December 30.]]> When the amended Capital Law is enacted, models like the AI sandbox should be piloted at the HHTP.]]> The center provides a modern technological environment, enabling data-driven innovation and improving competitiveness.]]> Prime Minister Pham Minh Chinh on Thursday witnessed the signing of an agreement between the Vietnamese Government and NVIDIA on the establishment of an artificial intelligence (AI) research and development center and an AI data center in Viet Nam.]]> Viet Nam attracted nearly US$31.4 billion in foreign direct investment (FDI) as of November 30, a year-on-year rise of 1 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.]]> Foreign workers employed in Viet Nam under labor contracts of 12 months or more shall be allowed to join trade uni-ons at their workplaces.]]> On November 21st, Dr. Vu Xuan Hung, President, Hoa Lac Hi-Tech Park Management Board (HHTP), paid a courtesy call to H.E. Mr. Sandeep Arya Indian Ambassador to Vietnam to enhance collaboration and investment attraction with Indian partners.]]> To enhance ties with Irish partners, on November 22nd, Dr. Vu Xuan Hung, HHTP President, had a meeting session with the Mr. Conor Finn, Deputy Head of Mission, Embassy of Ireland in Vietnam.]]> Viet Nam has surpassed Mexico to become the leader in the “nearshoring” trend (companies moving production, services and logistics activities f-rom a distant country to neighboring countries).]]> On November 21st, 2024, Dr. Vu Xuan Hung, President, Hoa Lac Hi-Tech Park Management Board (HHTP), headed the HHTP delegation to work with Mr. Haruhiko Ozasa, the Chief Representative of JETRO Hanoi to further strengthen the effective collaboration with JETRO Hanoi.]]> In the morning of November 15, 2024, on the occasion of newly appointed as the President of Hoa Lac Hi-tech Park, Dr. Vu Xuan Hung leaded a delegation to visit JICA Hanoi Office. Mr. SUGANO Yuichi, Chief Representative of JICA Hanoi Office welcomed the delegation.]]> In the morning of November 7, 2024, Hoa Lac Stem Cell Technology Joint Stock Company held the groundbreaking ceremony for the "HSC - HOSTEP Stem Cell Technology Complex Project" at the Research and Development Zone, Hoa Lac Hi-Tech Park.]]> In the morning of November 7, 2024, the Vietnam Semiconductor Industry Exhibition 2024 - SEMIExpo Vietnam 2024 opened at the National Innovation Center (NIC) in Hoa Lac Hi-Tech Park, Hanoi. The ceremony was attended by the Mr. Nguyen Chi Dung, Minister of Planning and Investment, the leader of the Global Semiconductor Association in Southeast Asia, ambassadors and representatives f-rom several embassies in Vietnam, leaders f-rom various localities, along with numerous businesses, organizations, research institutes, and universities involved in the semiconductor field.]]> On 24th Oct, 2024, Mr. Tran Sy Thanh, Chairman of Hanoi People’s Committee announced the appointment of new leaders of Hoa Lac Hi-tech Park (HHTP) Management Board and other Hanoi’s departments and agencies.]]> The Government has promulgated Decree No. 135/2024/ND-CP regulating mechanisms and policies to encourage the development of self-production and self-consumption rooftop solar power.]]> Prime Minister Pham Minh Chinh has urged ministries, agencies and localities to effectively implement the Land Law, Housing Law, and Real Estate Business Law in favor of socio-economic development.]]> Advanced manufacturing in Taiwan will be partly shifted to Viet Nam in the next few decades as Viet Nam emerged as a top destination for Taiwanese investment, according to HSBC experts.]]> Viet Nam has sustainably enjoyed foreign direct investment (FDI) inflows well above 4 percent of its GDP, among the highest in ASEAN (as a share of GDP), noted HSBC in its report Viet Nam at a glance released on August 8.]]> Prime Minister Pham Minh Chinh has decided to establish a national steering committee for semiconductor industry development.]]> The Government issued Decree 74/2024/ND-CP dated June 30, 2024 providing for regional minimum wage, applicable f-rom July 1, 2024]]> The National Assembly passed the Capital Law (revised) during its seventh session on June 28 morning.]]> The Ministry of Labor, Invalids and Social Affairs (MOLISA) suggested the Government issue a new decree on regional minimum wage, applicable f-rom July 1.]]> Hanoi’s mayor stressed that Hoa Lac Hi-tech Park should not be seen as a plot of land to be developed into factories and workshops, but rather as "a green technology district" within the city.]]> The regional minimum wage hike will take place in line with the new salary regime for the public sector f-rom July 1.]]>