The US government, through the US Commercial Service, sent its first Agricultural Technology Trade Mission to Davao City and Manila to explore trade and investment opportunities that will help support the resiliency of the Philippine agricultural supply chain. Nine...
Unilever Philippines has opened a production powerhouse in Cavite for its Beauty & Wellbeing and Personal Care businesses. The EUR 80 million (USD 86.8 million) investment will see the factory’s production ramped up by 15%, increasing local jobs and accelerating...
The Philippine Navy’s Aerial Unit disclosed modernization plans on its anniversary, including a move towards the procurement of new assets, in view of the growing security issues in the West Philippine Sea. These new assets will include maritime patrol aircraft,...
Physical connectivity has always been a big problem in the cities of Metro Manila. Being a car-centric society, Metro Manila has one of the busiest streets in the world. According to Statista, the average daily traffic volume in the metro in 2022 was around 3.5...
The government is pushing for USD 1.7 billion worth of projects to boost digital connectivity in the country in a bid to fuel economic growth. Finance Secretary Benjamin Diokno said the administration is building a policy environment that is conducive to sustainable...
According to the city’s Department of Agriculture and Rural Development (DARD), Ho Chi Minh City (HCMC) is planning to develop sustainable urban agricultural production by applying modern technologies for at least 70% of its farmland by 2030. Statistics show that the...
Amadeus, a Spanish multinational technology firm that offers software solutions for the global travel and tourism industry, signed an agreement with Vietnam Airlines to employ its enhanced passenger service system (PSS) technology. The contract builds on an existing...
Vietnam is holding talks with chips companies to draw investment in the country and possibly building its first chipmaking plant. The talks followed a historic upgrade between Vietnam and the US in September 2023, when President Joe Biden visited Hanoi and the White...
The Korean conglomerate SK Group recently invested USD 30 million in a Vietnamese startup fostering agency, while also expanding its collaboration with the Vietnamese government on eco-friendly ventures, spanning carbon capture, waste recycling, and the development of...
Vietnamese exporters are adjusting their businesses to the low-carbon consumption trend which is encouraging firms to implement green production. This is considered a considerable opportunity for these companies to make investments in sustainable manufacturing and...
Vietnam’s Deputy Prime Minister Tran Hong Ha has recently cited Decision No. 1165/QD-TTg as a significant milestone in Vietnam’s pharmaceutical sector. The Decision includes the National Strategy for developing the country’s pharmaceutical industry until 2030, with a...
Vietnam and South Korea have signed a Memorandum of Understanding (MOU) to develop artificial intelligence (AI) technology in five areas: medical, healthcare, smart cities, and automation in Vietnam’s central coast city of Da Nang, which would position Vietnam as a...
