Lego Invests in a Billion Dollar Factory in Vietnam

Lego Invests in a Billion Dollar Factory in Vietnam

In December 2021, the LEGO Group signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon-neutral factory and will...
Vietnam Promotes Digital Transformation at the Provincial Level

Vietnam Promotes Digital Transformation at the Provincial Level

The northern province of Bac Giang aims to deploy a series of solutions to accelerate the implementation of digital transformation and develop the provincial digital economy. Following the announcement of the Bac Giang Party Committee, the province plans to ultimately...
Vietnam to Have Nine New Railway Routes by 2030

Vietnam to Have Nine New Railway Routes by 2030

Vietnam’s Ministry of Transport has announced that the country aims to construct nine new rail routes, consisting of 2,362 kilometers, by 2030, as a plan to upgrade the current transport network. These projects will require a total of VND 240 trillion (USD 10.3...
Vietnam to Have the Largest Gene Decoding Center in Southeast Asia

Vietnam to Have the Largest Gene Decoding Center in Southeast Asia

In October 2021, Vietnam’s National Innovation Center (NIC) signed an agreement with Genetica to build Southeast Asia’s largest gene decoding center in Vietnam, which is expected to be inaugurated before the end of 2021. The new gene decoding center in the...
Vietnam’s Economy Predicted to Register Positive Growth

Vietnam’s Economy Predicted to Register Positive Growth

According to Vietnam Briefing, while Vietnam is still enduring the economic disruptions caused by the Covid-19 pandemic, it has enough pull factors to persuade investors to continue their business operations and relocate their industrial activities to the nation....
Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Although the Covid-19 pandemic severely affected many companies, it has created new opportunities for several industries in Vietnam, including software. In the first half of 2021, FPT Corporation, one of the leading technology companies in the Southeast Asian nation,...