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Vietnam seeking technology transfer into the local sphere

Vietnam seeking technology transfer into the local sphere
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Vietnam seeking technology transfer into the local sphere

Promotion of foreign tech transfer investment is on the rise, but there are questions over absorption and spillover effects.

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Starlake sub-projects transferred after approval

Starlake sub-projects transferred after approval 11:42 | 20/01/2021 The Starlake township covers a huge part of the immediate west of Hanoi’s West Lake THT Development Co., Ltd. and Toshin Development Co., Ltd. - established in 1963 by Takashimaya Group – officially completed the transferral procedures for the project of a commercial centre and Japanese-themed offices at a size of 1.7 hectares. Takashimaya is already investing ¥1.3 billion ($12.5 million) into the construction and operation of a K-12 school there in cooperation with Edufit International Education, a Vietnamese school operator. The Japanese company will also develop commercial and office space at Starlake between 2022 and 2025, along with two separate large-scale commercial projects elsewhere in Hanoi.

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