Hayat, a Turkish FMCG firm, has officially launched its flagship diaper brand Molfix in Vietnam. The company announced earlier in 2021 that it plans to invest USD 250 million to increase the capacity of its factories in the Southeast Asian country to produce and...
In its twelfth year of operation, with 26 stores in Singapore and approximately 1,400 employees, Uniqlo now plans to open more brick-and-mortar stores in the country. Despite the importance of e-commerce, the company considers the offline channel to be a “very...
Singapore’s rapidly growing Medical Technology (MedTech) firm, UNO Technologies, has just announced its expansion into Malaysia by teaming up with Aetos Pharma, a local emerging pharmaceutical start-up, to jointly push the digital transformation of Malaysia’s private...
A Vietnamese enterprise has been awarded USD 2.96 million by the US Consulate General in Ho Chi Minh City for the implementation of an advanced energy storage pilot project in Khanh Hoa province. The project, known as Battery Energy Storage System Pilot Project, will...
According to the Airports Corporation of Vietnam (ACV), the upgrading of Terminal 2 (T2) at Noi Bai International Airport in the capital Hanoi would cost more than VND 4.98 trillion (USD 218.5 million), in order to increase its annual capacity from current 10 million...
According to the Ministry of Agriculture and Rural Development, Vietnam is planning to reduce US pork tariffs in order to further alleviate trade tensions with the country’s biggest export market. In effect, import restrictions are being eased as part of a...
The Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) is looking for international collaboration opportunities in the field of rainfall collection and purification technology in order to combat climate change in the Mekong Delta. During...
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...
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...
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....
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,...
In September 2021, Italian bicycle manufacturer Vittoria Group announced the construction of a new factory in Thailand. The USD 20 million investment will see the company’s Lion Tires Thailand (LTT) factory premises grow from 36,000 to 52,000 square meters in the...
