Ngoc praised Sri Lanka’s orientations in developing seaport infrastructure, digital infrastructure, digital economy and international service centres, describing them as valuable references for Vietnam in developing strategic infrastructure, innovation centres, smart urban areas and digital economy ecosystems.
Hanoi (VNA) – A Vietnamese delegation led by Politburo member Nguyen Duy Ngoc, who is Standing Deputy Head of the Central Steering Committee for Science-Technology Development, Innovation and Digital Transformation, recently held a working session with the management board of the Colombo Port City to explore the smart port city model.
Ngoc, who is also Secretary of the Party Central Committee and Chairman of its Organisation Commission, highly valued the development model of Colombo Port City, noting that it contains many features suitable for Sri Lanka’s conditions as an island nation with strong orientations towards the maritime economy, logistics, international finance, and digital economy development.
He said Vietnam will continue studying the model and discussing it with Vietnamese investors, particularly enterprises operating in science-technology, innovation, digital infrastructure, seaports and smart cities, to explore cooperation opportunities between the two countries.
Representatives of Colombo Port City introduced the overall development model and special policy mechanisms being implemented by Sri Lanka. The port city is being developed as Sri Lanka’s first international multi-service special economic zone, focusing on international finance, fintech, digital services, logistics, technology, and other high value-added services.
The project is offering strong incentives to attract international investment, including tax exemptions and reductions of up to 23 years for several priority sectors and projects. Sri Lanka aims to build Colombo Port City into an internationally competitive financial, service and digital economy hub.
The port city also applies highly internationalised economic mechanisms and favourable investment policies, including foreign currency transactions, expanded foreign ownership mechanisms, and the employment of foreign workers in permitted sectors. Sri Lanka is also prioritising visa processing for international investors and experts while developing international-standard commercial dispute settlement mechanisms.
To support development, Sri Lanka is accelerating the expansion of internet, data and national digital infrastructure, with 5G coverage already deployed in many key areas. The country also highlighted Colombo Port City’s connectivity with major economic centres such as India, Singapore and the Middle East, creating favourable conditions for logistics, financial services and cross-border business activities.
Ngoc praised Sri Lanka’s orientations in developing seaport infrastructure, digital infrastructure, digital economy and international service centres, describing them as valuable references for Vietnam in developing strategic infrastructure, innovation centres, smart urban areas and digital economy ecosystems.
On this occasion, the delegation also held a working session with Sri Lanka’s Ministry of Digital Economy. The two sides noted that Vietnam and Sri Lanka share many similarities in digital economy and digital transformation development, and expressed their desire to strengthen cooperation in digital technology, innovation, digital infrastructure and digital human resources training.
The Vietnamese delegation shared the country’s major orientations in science, technology, innovation and digital transformation, including the implementation of Resolution No. 57-NQ/TW and efforts to develop innovation startup ecosystems, innovation centres and digital human resources.
Sri Lankan Deputy Minister of Digital Economy Eranga Weeraratne said the country is prioritising digital infrastructure development to support the digital economy and Artificial Intelligence. Sri Lanka currently has three large-scale data centres and is calling for international investment to develop additional centres serving AI, cloud computing and digital services.
The two sides also exchanged views on semiconductor industry development, digital assets, cybersecurity strategies, international digital connectivity infrastructure and submarine fibre-optic cables, agreeing that high-speed digital infrastructure will be a key foundation for future digital economy growth./.
The visit demonstrated Vietnam’s strong commitment to deepening relations with Sri Lanka and created new opportunities for Sri Lanka to strengthen its engagement with Vietnam and the broader Southeast Asian region.
Both sides agreed that the decision to elevate relations to a Comprehensive Partnership reflected not only the maturity of bilateral ties but also the untapped potential for broader cooperation in the years ahead.
Vietnam – Sri Lanka cooperation should be viewed within the broader context of the Indian Ocean, South Asia and emerging global supply chains, and the key issue now is not potential, but swift, decisive and effective action, said Vietnam’s top leader To Lam.
The top 10 are Vietcombank, VietinBank, Techcombank, MB, BIDV, Agribank, ACB, VPBank, HDBank, and SHB.
The Fortune Southeast Asia 500 is an annual ranking compiled by Fortune magazine (USA) to honor the 500 largest enterprises by revenue across seven Southeast Asian nations.
The projects form a key part of Hanoi’s strategy to develop a mass rapid transit network, gradually realise its urban railway master plan and support urban expansion in multiple directions.
The Government now requires state agencies and businesses to develop energy-saving plans, set key performance indicators (KPIs) on energy efficiency, establish energy consumption benchmarks, and tighten technical standards and regulations in production and export.
Vietnam is a key priority market for the US International Development Finance Corporation (DFC) as it looks to expand its investment footprint in the Southeast Asian country. Caroline Vik, Chief Policy Officer at the DFC told the Vietnam News Agency (VNA) during her visit to Vietnam from June 19 to 21.
The three rental housing projects include the Phap Van–Tu Hiep new urban area in Yen So ward, the city rental housing development project in Viet Hung ward, and the Him Lam Long Bien mixed-use housing complex. Together, they are expected to provide thousands of apartments, helping to meet growing housing demand among workers, students, civil servants, members of the armed forces, and low- and middle-income residents.
The State Bank of Vietnam set the daily reference exchange rate at 25,183 VND/USD on June 22, up 2 VND from the last working day of the previous week.
According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.
For decades, the country’s press sector relied largely on two traditional sources of revenue: print circulation and advertising. However, the rise of social media and cross-border digital platforms has fundamentally altered that equation, forcing newsrooms to rethink how they operate and generate income.
As offenders adopt increasingly sophisticated tactics, customs authorities are tightening controls at border gates, stepping up the use of technologies and refining enforcement measures to intercept illicit goods at the import and transit stages.
Five key metro lines are scheduled to begin construction in Hanoi on June 22, providing fresh momentum for the development of public transport and urban growth.
From just 278 hectares in the 1980s, the province had expanded its coffee-growing area to more than 33,600 hectares across 48 communes, making coffee one of its key agricultural industries.
Vietnam’s fashion industry is poised for a new phase of growth as e-commerce adoption accelerates, though businesses must overcome challenges in branding, sustainability and digital transformation to fully capture the opportunity.
According to the Vietnam Trade Office in Singapore, Vietnam remained Singapore’s 10th largest trading partner in the first five months of 2026, with bilateral trade reaching 23.3 billion SGD (18.02 billion USD), up 43.4% year-on-year.
The event “Da Nang – Copenhagen: A green journey along the Han river”, which opened at APEC Park on June 20, marks the 55th anniversary of Vietnam–Denmark diplomatic relations (1971–2026) while promoting exchanges and collaboration on sustainable urban development.
Combating counterfeit goods and protecting consumer rights are key priorities that contribute to a fair competitive environment and the sustainable development of the domestic market.
The signing marked a new step forward in enhancing connectivity between Czech state management agencies and the Vietnamese business community and household businesses, helping citizens gain faster and more accurate access to legal regulations related to business activities in the Czech Republic.
Present in France since 2008, FPT now serves as a technology partner to major enterprises including La Poste, Air Liquide, Quadient, Sagemcom, SNCF and Geopost. It aims to become one of the top 50 IT firms in France while further expanding its footprint across French-speaking markets.
The agreements underscore the commitment of Petrovietnam, the Petrovietnam Exploration Production Corporation (PVEP) and their partners to advancing oil and gas exploration, development and production activities, contributing to national energy security, optimising existing resources and creating new growth drivers for Vietnam’s energy industry.
Tay Ninh wishes to become a trusted partner of the Belgium business community, particularly in areas such as circular economy, clean energy, environmental technology, biotechnology and advanced agriculture.
Copyright, VietnamPlus, Vietnam News Agency (VNA)
Editor-in-chief, Mr. Tran Tien Duan.
Licence No. 1374/GP-BTTTT dated September 11, 2008 by the Ministry of Information and Communications.
Tel: (+84 24) 3941.1349, Fax: (+84 24) 3941.1348
Email: vietnamplus@vnanet.vn
© Copyright belongs to VietnamPlus, VNA. Reproduction in any form is prohibited without written consent.
Leave a Reply