Investor begins building ICT service chain in Da Nang
Trung Nam Group has started construction of five factories at the Information Technology and Communication (ICT) Service Zone in the central city of Da Nang to host the moves of global supply chains.
Works on a ICT factory zone begins at the Da Nang Information Technology Park. (Photo courtesy of Trung Nam Group)
DaNang (VNS/VNA) - Trung Nam Group has started construction offive factories at the Information Technology and Communication (ICT) ServiceZone in the central city of Da Nang to host the moves of global supply chains.
The general director of Trung Nam Group, Nguyen Tam Tien, said the factorychain would be built on 9.3ha at Da Nang Information Technology Park with aninvestment of 1.5 trillion VND (65.2 million USD).
The group would also develop an apartment and villa zone for expert andengineers and an eco-park project on 26ha with a total of 2.1 trillion VND (91.3million USD) for accommodation facilities for investors and their families inthe near future, he said.
Tien said the group planned to build 23 more ICT factories andR&D zones to meet increasing demand from global partners.
“We debuted the first surface-mount technology (SMT) factory with a capacity of6.2 million electronic products per year at the Da Nang Hi-tech Park last yearafter three months of research,” he said.
He said the operation of the SMT factories chain will be a key step inbuilding the Da Nang IT Park as central Vietnam’s 'Silicon Valley’, andcall for investors from Silicon Valley and the US to invest in high-techindustries, artificial Intelligence (AI) and automation.
Trung Nam completed the first investment phase on 131ha at Da Nang IT Park withan investment of 47 million USD. It plans to develop the second phase onanother 210ha with estimated funds of 74 million USD.
Universal Alloy Corporation – a leading global manufacturer of aircraftcomponents for aerospace companies – from the US launched its factory foraircraft components worth 170 million USD, at the city’s Hi-Tech Park lastMarch.
Alton Industry from the US also plans to build a robot manufacturing project inthe city’s Hi-tech Park.
In 2019, two of the first Silicon Valley-based businesses – Meritronics AMT Incand Ai20X Silicon Valley – agreed with Trung Nam Group to develop the Da NangIT Park.
Last year, South Korea’s LG Electronics and Trung Nam Land JSC inked anagreement with a vision to transform Da Nang into the centre of technologyand R&D in Vietnam./.
Many private enterprises said they want to invest in building renewable energy infrastructure, but Vietnam still lacks mechanisms to encourage private enterprises to participate in this activity.
A ground-breaking ceremony was held on August 25 for the first phase of Ca Na Seaport Complex project in Thuan Nam district of the south central province of Ninh Thuan.
Trung Nam Group inaugurated a 450 MW Trung Nam-Thuan Nam solar power farm project, a 500kV transformer station and a 220/500kV transmission line in Ninh Thuan province on October 13.
Despite attracting 341 investment projects with 847.3 million USD in 2018-2020, Da Nang City has to cope with poor development of supportive industries and the skilled labour force for high-tech industries in its efforts to build the city into an investment hub in central Vietnam.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Ambassador Nguyen Minh Vu laid stress on the significance of the Hanoi Convention, particularly to the Asia – Pacific, to handling legal gaps in international cooperation against rapidly increasing global cybercrime.
The week features a rich lineup of activities, including a plenary conference on blockchain and AI development, thematic seminars on future technology trends and investment visions, applications of blockchain and AI in business, the Super Vietnam PitchFest, as well as forums for blockchain and AI.
According to the Politburo’s Resolution No. 57-NQ/TW, dated December 22, 2024, on making breakthroughs in the development of science, technology, innovation, and national digital transformation, this is considered a decisive factor in the development of nations. It is seen as a prerequisite and the best opportunity for Vietnam to become prosperous and powerful in the new era of the nation’s rise.
Vietnam’s demographic advantage, including a youthful population of 100 million in a “golden age”, further bolsters its ambitions. Its dynamic workforce, with a natural inclination toward science, technology, engineering, and math (STEM), is a key asset in attracting private investment to innovation-driven sectors.
Vietnam views sci-tech as a decisive factor in national development and a key tool for achieving sustainable development goals, and is ready to boost sci-tech cooperation with Venezuela for mutual prosperity.
Works on a ICT factory zone begins at the Da Nang Information Technology Park. (Photo courtesy of Trung Nam Group) 
