Want to be in the loop?
subscribe to
our notification
Business News
ACTION PLAN ON IT APPLICATION, DEVELOPMENT ISSUED
Accordingly, in the future, ministries, agencies and localities will carry out tasks, including renovating and enhancing public awareness and strengthening the leadership of the Party on IT application and development, establishment and completion of the legal mechanism and policies on IT application and development, setting up a synchronous and modern national information infrastructure system and wide, realistic and effective IT application.
The other four tasks involve the development of IT industry and knowledge-based economy, promoting IT human resources to international level and acceleration of research, application and renovation of new technology, accelerating IT application in national defense and security, guaranteeing IT safety and security and increasing management capacity of telecommunications, televisions and the Internet as well as strengthening international cooperation.
The Government will accelerate IT application in all areas to increase the effectiveness of State management, improve the business environment, promote competitiveness and create favorable conditions for people and businesses in fields of economics, technology, education and training, health, transport, construction, electricity, tax, customs and justice.
By 2020, a modern, standardized and synchronous national IT infrastructure will be formed to ensure IT safety and security and maintain national cyber sovereignty.
Source: VIR
Related News
HCM CITY STARTS CONSTRUCTION OF 6,229 SOCIAL HOUSING UNITS
Industrial developer Becamex IDC on Friday broke ground on four social housing projects in HCM City, adding more than 6,200 apartments as Việt Nam's largest metropolis aims to tackle a shortage of affordable housing. The four projects, comprising 6,229 apartments, will be developed in Chánh Hiệp and Thuận Giao wards and are intended for low-income residents, industrial workers and other beneficiaries of government housing support programmes.
MANUFACTURING SECTOR ENDS FIRST HALF OF 2026 WITH FIRM GROWTH AS PMI HOLDS ABOVE NO-CHANGE MARK
The manufacturing sector ended the first half of 2026 on a firm footing, with sustained growth in output and new orders, even as supply-chain pressures and employment weakness persisted, according to S&P Global. The S&P Global Vietnam Manufacturing Purchasing Managers' Index (PMI) posted 51.8 in June, down from 52.8 in May but still above the 50-point threshold, signalling a continued improvement in the health of the sector, S&P Global said in a news release on July 1.
GOVERNMENT SETS MULTIPLE TARGETS IN LATEST FINANCIAL STRATEGY
Việt Nam's Government aims to see 50 State-owned enterprises included among the 500 largest companies in Southeast Asia, and at least one listed among the 500 largest firms in the world by 2030. These targets were set in Decision 1119/QĐ-TTg, which was recently signed by Deputy Prime Minister Nguyễn Văn Thắng.
BANK PROFITS EXPECTED TO REMAIN RESILIENT IN Q2
The banking sector is expected to post another quarter of profit growth in the second quarter of 2026, supported by solid credit expansion, although earnings are likely to become increasingly uneven across lenders as pressure on net interest margins and asset quality persists. A recent report by MB Securities (MBS) showed that profit after tax at the banks under its coverage is forecast to increase by around 15 per cent year-on-year in the second quarter.
LOGISTICS EMERGES AS NEW GROWTH ENGINE FOR VIỆT NAM’S MARINE ECONOMY
As Việt Nam looks to tap the potential of its marine economy, logistics is increasingly emerging as a key driver of growth for coastal regions. According to the Ministry of Agriculture and Environment, the marine economy currently contributes around 50 per cent of the country's gross regional domestic product (GRDP), with many coastal localities ranking among the nation's top performers in terms of income per capita.
EIGHT MAJOR INFRASTRUCTURE PROJECTS BREAK GROUND IN HO CHI MINH CITY
Eight major infrastructure projects with a combined investment of more than VND253 trillion ($9.7 billion) have broken ground in Ho Chi Minh City. The groundbreaking took place on July 1 to mark the 50th anniversary of the city being officially renamed Ho Chi Minh City on July 2, 1976. The projects, excluding social housing developments, draw on funding from public investment, public-private partnerships (PPPs), and direct private capital.
























