Vietnam welcomes investment in smart urban development
During a meeting with Fung Wai Ka Thomas, Director of CCC Infrastructure, and Lai Rong Huo, Chairman of Shenzhen Hero Group, Deputy PM Dung welcomed their interest and plans to invest in Vietnam, especially in the field of smart urban development.
Deputy Prime Minister Nguyen Chi Dung at a meeting with Fung Wai Ka Thomas, Director of CCC Infrastructure, July 16, 2025. (Photo: VNA)
Hanoi (VNA) – The Vietnamese Government will continue to accompany, support, and create the most favourable conditions for Chinese enterprises, and CCC 💧Infrastructure and Shenzhen Hero Group in particular, to invest and operate effectively in Vietnam, Deputy Prime Minister Nguyen Chi Dung said on July 16.
During a meeting with Fung Wai Ka Thomas, Director of CCC Infrastructure, and Lai Rong Huo, Chairman of Shenzhen Hero Group, Deputy PM Dung welcomed their interest and plans to invest in Vietnam, especially in the field of smart urban development.
He noted that Vietnam has issued policies to develop smart urban chains with centrally-run cities serving as core hubs. Enterprises are encouraged to collaborate with Vietnam in various areas, such as providing financial and technical support for pilot projects, cooperating in research and technology transfer for urban governance, and partnering in human resources training.
Deputy PM Dung suggested that businesses can directly invest in developing smart urban projects in potential localities, initially piloting in smaller urban units such as communes and wards.
He also underlined that the Government has delegated authority to localities, and investors should work closely with them to receive guidance, prepare project proposals, and ensure compliance with legal regulations.
Fung Wai Ka Thomas expressed the company’s interest in implementing real estate projects in Vietnam, particularly smart urban developments in Bac Ninh and Tay Ninh (formerly part of Long An province). Shenzhen Hero Group and CCC Infrastructure also hope to invest in high-quality industrial parks in Vietnamese localities and seek Government support in exploring investment opportunities.
Established in 2000 and headquartered in Hong Kong, CCC Infrastructure is a leading firm in market research consulting, investment advisory, asset portfolio management, and financial services. Meanwhile, Shenzhen-based Hero Group is a diversified real estate enterprise specialising in smart and sustainable urban development, with 20 affiliated companies operating in major Chinese cities./.
The East Asia Local and Regional Government Congress, first held in Nara prefecture in 2010, has attracted local authorities from across the region with multiple cooperation models like cross-border partnerships in infrastructure, logistics, technology, education, culture, heritage conservation, and people-to-people exchanges.
With funds of nearly 2 million EUR from BMUV, the SUA project stands as a flagship example of scientific research being effectively translated into practical applications, helping address urgent challenges posed by rapid urbanisation, climate change, and the shift towards a carbon-neutral economy.
To serve both the two-tier local government operations and the APEC 2027 Leaders’ Week, An Giang is implementing a major tech infrastructure project on Phu Quoc Island, with a total investment of 500 billion VND (19.1 million USD).
FTSE Russell’s Global Head of Equity and Multi Asset Gerald Toledano praised Vietnam’s reform momentum, noting that its stock market, now the most liquid in ASEAN, has surpassed those of Thailand and Singapore.
The top legislator urged the SAV and SAO to advance their 2025-2028 medium-term cooperation plan and the 2021-2030 strategy, asking for more exchanges of delegations and expertise, particularly in digital transformation and staff training.
Cambodia always remembers and appreciates Vietnam’s support for Cambodia’s escape from the Pol Pot genocidal regime, said Secretary of State Ung Rachana of the Cambodian Ministry of Foreign Affairs and International Cooperation.
The 27th Party Congress of the VNA elected a 27-member Party Committee for the new term and a delegation of six official and two alternate delegates to attend the first congress of the Government's Party Organisation.
The Foreign Ministry spokeperson was responding to a reporter's question regarding July 12, 2025, which marked the 9th anniversary of the ruling by the Permanent Court of Arbitration (PCA) in the East Sea arbitration case between the Philippines and China under Annex VII of UNCLOS.
The two sides agreed to enhance information sharing and policy consultation at all levels – from technical experts to government leaders – to promptly address issues arising during the course of cooperation, and to seek flexible solutions to balance and raise bilateral trade.
Nominees for the National Assembly Party Committee members must demonstrate political mettle, intellect, moral integrity, prestige and proven competence to fulfill the mission entrusted by the Party, the NA, and the people
According to the Vietnamese Embassy in Cambodia, 140 Vietnamese citizens were temporarily detained by Cambodian authorities in Phnom Penh on July 14 due to suspected involvement in online scam activities.
Vietnam has invited the defence ministers of Russia, China, Laos, Cambodia, Cuba, Belarus, Kazakhstan, and Azerbaijan to attend the celebration of the 80th National Day anniversary on September 2; and five countries – Russia, China, Laos, Cambodia, and Belarus – to send forces to participate in the parade at the National Day celebration.
The top legislator will attend the Sixth World Conference of Speakers of Parliament in Switzerland, engage in bilateral activities there, and pay official visits to Morocco and Senegal from July 22 to 30.
The Party Central Committee’s Politburo and Secretariat on July 17 considered and issued disciplinary measures against two incumbent and former officials for serious violations of the Party's regulations and the State's laws while performing their duties.
The two sides discussed ways to accelerate joint projects and agreements and expand the list of Vietnam’s exports to China. They also proposed boosting cooperation in vocational training, especially in high-tech industries and sustainable agriculture, to meet the development needs of both sides.
The rehearsal comprised two main segments featuring a formation of 18 standing blocks and 43 marching ones, including seven female military units covering military music, medical officers, Vietnamese peacekeepers, special forces, communications soldiers, ethnic militia, and southern guerrillas, alongside two female police units representing traffic police officers and special task force personnel.
PM Pham Minh Chinh asked the VNA Party Organisation and its journalists to uphold the legacy of the agency that has received the hero title for three times, and maintain internal unity and its leadership in alignment with the Party’s guidelines and the State's laws.
The 27th Party Congress of the Vietnam News Agency (VNA) for the 2025 - 2030 term took place at the VNA's headquarters on July 17. Prime Minister Pham Minh Chinh attended and sent flowers to the event.
Prime Minister Pham Minh Chinh requested a focus on implementing relevant resolutions and conclusions on the restructuring of the political system’s organisational apparatus and the reorganisation of administrative units.
During the meetings, NA Vice Chairman Vu Hong Thanh congratulated South Africa on its significant achievements in national development, particularly in implementing the goals of the "National Development Plan 2030" to improve living standards and reduce poverty and inequality
Politburo member, Secretary of the NA Party Committee, and NA Chairman Tran Thanh Man attended the 15th Congress of the Party Organisation of the National Assembly (NA) Office for the 2025–2030 term in Hanoi on July 16.
