The central city of Da Nang has seen rosy signs regarding foreign direct investment (FDI) attraction at the beginning of the new year.

The central city of Da Nang has set a goal of developing supporting industries in tandem with high-tech industry to create products with high added value for export.

Intel had poured an additional US$475 million into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Director of Finance Alan Danner said on January 27.

The Hoa Lac Hi-Tech Park in Hanoi has attracted 93 investment projects with registered capital of more than VND90.25 trillion (US$3.9 billion) so far, including more than VND7.95 trillion in investment approved last year, the Ministry of Science and Technology has said.

Politburo member and Secretary of Hanoi’s Party Committee Vuong Dinh Hue asked foreign hi-tech groups to consider investing in the city’s existing industrial zones, including the Hoa Lac Hi-Tech Park, while receiving representatives from FDI enterprises operating in the high technology industry on January 19.

Completing its infrastructure network has been billed as an important measure for the central coastal city of Da Nang to lure more investment in 2021.

HCM City held a ceremony on December 31 to announce the National Assembly Standing Committee’s resolution on organising administrative units at the district and commune levels and establishing Thu Duc city.

Minister of Science and Technology Huynh Thanh Dat has laid stress on the Party and Government’s policy of building Hoa Lac hi-tech park into a smart ecosystem for science-technology development, contributing to the national socio-economic development.

ASEAN+3 countries must work together to complete a legal framework for cyber security, looking towards building common ASEAN rules and standards for information security based on voluntary codes of conduct, said Deputy Minister of Public Security Bui Van Nam.

VOV.VN - Despite the local economy facing up to the various challenges brought about throughout the course of the year and many industries suffering negative growth, the export sector has remained resilient and has recorded stellar gains at an estimated figure of over US$44 billion.