Uniqlo, a Japanese clothing retailer, recently opened a new store at Saigon Center in HCM City in April 2022. This is its 11th outlet in Vietnam since 2019, spreading over 3,000 m2. Uniqlo is not Japan’s only retailer to open flagship stores in the country. MUJI, the...
Samsung has just announced that it will commence mass-producing its ball grid array products at its factory in northern Thai Nguyen Province in July 2023, and it is currently at the testing stage. In addition to preparing for trial production of semiconductor chip...
Vietnam is constructing the Long Thanh Airport, is expected to cost USD 16 billion. The airport, built to accommodate 100 million passengers and 5 million tons of cargo annually, will be the most expensive piece of infrastructure in Vietnam’s history and one of...
The Vietnam Petroleum Institute (VPI), a member of the Vietnam Oil and Gas Group (PetroVietnam), is applying artificial intelligence (AI) and machine learning in petroleum exploration and its operations. Traditional methods to identify fractured granite basements...
According to the Ho Chi Minh City Medical Equipment Association, the Vietnamese medical equipment market, is growing at a rate of over 18% annually. The market is dependent on imports, offering substantial opportunities for foreign providers. The market is currently...
Overseas companies are making investments in Vietnam wind offshore sector. One of the most notable recent examples is the collaborations between Danish offshore wind developer Ørsted and PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC...
According to Vietnam´s Deputy Minister of Industry and Trade, the Southeast Asian country will require between USD 8 billion and USD 14 billion in investments annually through 2030 to build new power plants and expand its grid. Specifically, 75% of the money would go...
The government of Vietnam recently announced that it aims to develop seven maritime economic clusters in the country over the next 10 years as part of its strategy to advance the marine economy while promoting sustainable development. The target was set by the Prime...
American Energy Technology Company Baker Hughes announced the launch of its new oilfield services’ chemicals manufacturing facility in mid-August, which spans approximately 40,000 square meters and is the first chemicals facility for Baker Hughes in the region....
Boeing, one of the top aircraft manufacturers in the world, has announced its intention to invest in the Vietnamese supply chain by working with more local suppliers. At the Boeing Aerospace Industry Forum recently held in Hanoi, the general director of Boeing Vietnam...
An official partnership has been established between AquaEasy and Viet-Uc Group, one of the top shrimp farmers in Vietnam, to implement Artificial Intelligence (AI) technology solutions in local shrimp farms. Viet-Uc Group will install AquaEasy’s AI systems,...
With the emerging marine energy sector gaining traction, Japanese shipping giant Nippon Yusen Kaisha (NYK) is aiming to take part in a tidal power project planned for Singapore. Singapore’s Bluenergy Solutions is conducting a demonstration project focused on the...