Quang Ninh (VNA)𓆉 - The People's Committee of northern Quang Ninh province inaugurated a Centre for Innovation Startup and Digital Transformation Support on May 30.
Speaking at the event, Chairman of the provincial People’s Committee Cao Tuong Huy affirmed the centre’s role in driving economic growth. He said it will help increase the quantity and quality of firms in the locality, particularly those operating in innovation and sci-tech.
The centre will provide a space, tools and means to nurture a dynamic startup ecosystem. Its activities will include receiving and developing innovative business ideas and practical experiments, organising competitions to collect ideas that benefit the community, enhancing the sci-tech capabilities of small and medium-sized enterprises (SMEs), and collaborating with incubators, both within and outside the province, to support promising startup ventures.
The province aims to establish roughly 2,000 new enterprises annually from now to 2030. Additionally, it aims for the business sector to contribute some 70% of the province's gross regional development product (GRDP) and hopes to see at least 10 local enterprises among the top 500 in Vietnam by that same year./.
The average Satisfaction Index of Public Administration Services (SIPAS) for Vietnam as a whole in 2023 was 82.66%, an increase of 2.58 percentage points compared to 2022 (80.08%). The province with the highest satisfaction rate was Quang Ninh, with 90.61%.
The northern province of Quang Ninh leads localities across the country in the provincial competitiveness index (PCI) and the provincial green index (PGI) in 2023, according to a report jointly released by the Vietnam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) on May 9.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
