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The goal is to develop Vietnam's economy and become a regional powerhouse in Asia.

Vietnamese enterprises are gradually gaining a significant position in the global supply chain of Japanese companies.

The No.2 urban railway line is expected to play a crucial role in the public transportation network, easing the ever-increasing severe traffic congestion in the capital's central area.

Leaders from both sides also reaffirmed their commitment to creating a "peace of mind" investment environment for investors.

It is unacceptable that the ratification of the EVIPA has taken so long, said Bernd Lange.

International organizations recognize Vietnam as a potential financial center with many factors converging for developing a modern financial market with high connectivity.

Both countries share a vision to become high-income countries by 2045.

The Vietnamese Government is formulating highly competitive policies to attract investment in the semiconductor industry.

In 2023, the city attracted US$2.94 billion in foreign direct investment (FDI), a 70.5% increase over the previous year.

Adani expects to invest in Vietnam's thermal power plants and participate in the development of both the renewable energy industry and key thermal energy projects.

The US chipmaker's CEO recognized Vietnam’s mathematical prowess, strong software capabilities, and strategic position in semiconductors and artificial intelligence development.

Vietnam is shaping a semiconductor strategy until 2030, with a vision to 2035. It emphasizes active participation in the regional semiconductor ecosystem and attracting global business investments.

Hanoi recognizes the importance of the business community, especially the FDI sector, as a crucial driving force for the city's development and integration.

Hanoi values Japan as an essential partner and is committed to creating optimal conditions for Japanese businesses and investors interested in investing and operating in the city.

With $737 million in exposure, Vietnam is DFC’s largest market in Southeast Asia.

Vietnam's aviation sector is experiencing the world's fifth-highest growth and ranks first in Southeast Asia.

Such a project would present a valuable opportunity to contribute to the development of Hanoi, Vietnam, and the broader Vietnam-US relations.

The Vietnamese Government is committed to safeguarding the legitimate rights and interests of investors, guided by the principle of mutual benefit and risk sharing.

When considering factors such as political stability, cost-efficiency, a hardworking workforce, adaptability, and stable exchange rates, Vietnam stands out as an attractive destination for investment.

Upon completion, the rail link would significantly reduce travel time from Hanoi to Ho Chi Minh City to around six hours.