Construction of Vietnam’s first innovation park starts in Binh Dinh
The Ho Chi Minh City-based TMA Solutions company on August 28 began the construction of the TMA innovation park in Quy Nhon city of the central province of Binh Dinh, the first of its kind in Vietnam.
At the ground breaking ceremony of the TMA Innovation Park in Binh Dinh province (Photo: VNA)
Binh Dinh (VNA) –♔ The Ho ChiMinh City-based TMA Solutions company on August 28 began the construction ofthe TMA innovation park in Quy Nhon city of the central province of Binh Dinh,the first of its kind in Vietnam.
Covering an area of 15ha in Quy Hoa valley,the park has an investment of about 8 million USD. It will comprise a centrefor software production and export, along with others for research and development,data science, artificial intelligence and internet of things (IoT). Chairman of TMA Solutions Nguyen Huu Lesaid the construction of the park will be divided into two phases and it isexpected to become operational after three years. The park is projected to have3,000 skilled workers in the next 15 years. Secretary of the provincial Party CommitteeNguyen Thanh Tung voiced his hope that the investment of TMA Solutions in QuyHoa valley will help to lure more software companies to Binh Dinh. Launched in August 2013, Quy Hoa valley isset to become the first science city of Vietnam. To date, it has welcomed morethan 3,500 scientists from 35 countries and territories. Each year, the valleyhosts various conferences and symposia of the International Centre for InterdisciplinaryScience and Education.-VNA
Ho Chi Minh City wants to receive support from domestic and foreign resources in smart urban development, said Vice Chairman of the municipal People’s Committee Tran Vinh Tuyen.
The Rencontres du Vietnam (Vietnam Meeting) on very high energy phenomena in the universe opened in Quy Nhon city of the central province of Binh Dinh on August 13.
Vietnam has seen remarkable development in artificial intelligence (AI) and the country needs to take full advantage of AI for its development, said Deputy Minister of Science and Technology Bui The Duy.
Japan ICT Day 2018 themed “Vietnam – Japan IT Cooperation in the 4th Industrial Revolution” will take place in Hanoi and the central city of Da Nang from August 28-31.
Three Vietnamese engineers have won Gold Award at The Global AI Challenge for Building E&M Facilities 2025, held in the Hong Kong Special Administrative Region (China).
With the government's strong direction and active participation from businesses and citizens, national digital transformation is deepening, with a focus on building a digital government, economy, and society.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
At the ground breaking ceremony of the TMA Innovation Park in Binh Dinh province (Photo: VNA) 
