Long An Province Targets Foreign Investments

Prime Minister Luís Montenegro emphasized the need for significant investment to stimulate economic growth in Portugal, claiming that a predicted deficit of 0.1% is not a pressing concern. He outlined plans to attract foreign investment through tax relief and improved regulatory conditions, aiming for a recovery of lost investments in the next two years. Meanwhile, the rise of 'sovereign AI' is anticipated as countries pursue control over generative artificial intelligence technologies, with significant financial backing from companies like Nvidia. In the crypto sector, venture capital funding rose by 28% in 2024, focusing on DeFi and stablecoins, although it remains below previous peak levels. Additionally, Long An province in Vietnam aims to attract international investments in high-tech industries and improve infrastructure to establish stable supply chains. Overall, geopolitical events and upcoming policy announcements, particularly regarding President Trump and the Indian budget, are expected to impact markets and investment strategies in the near future.