Following more than five months of implementation, sixteen manufacturing enterprises in northern Vietnam recorded measurable improvements in productivity, management processes, and data application through two advisory initiatives focused on smart factories and smart molds.
The Ministry of Finance has submitted a draft resolution to the Government proposing special mechanisms to resolve tax compliance bottlenecks, including a 30 to 70 percent reduction in late filing penalties and the cancellation of late payment interest for inactive taxpayers through June 30, 2028.
During their talks, General Secretary and President To Lam of Vietnam and Prime Minister of Denmark Mette Frederiksen agreed on the need to capitalize on new opportunities and leverage the strengths of each country to generate new momentum for bilateral cooperation, thereby making practical contributions to the development goals of each nation.
Addressing the forum, the top Vietnamese leader stressed that Vietnam seeks not only investment capital but also advanced technologies, expertise, modern management practices, research and development (R&D), high-quality human resources and stronger links between foreign investors and domestic businesses.
Deploying AI aims to shift traffic management from a reactive posture—responding only after bottlenecks have formed—to a data-driven approach that detects risks early and enables proactive regulation.
Discussions focused on long-term development orientations in Vietnam, with the business leaders putting forward specific proposals to facilitate continued investment and business expansion in the country.