With the rise of environmental, social, and governance (ESG) investing, sustainability has emerged as a paramount concern for investors, developers, and property owners across Vietnam. This shift underscores the necessity of aligning strategic objectives with market...
The South Korean producer of spandex Hyosung TNC Corp. is set to invest USD 1 billion in new bio-textile material facilities in Vietnam, aiming to propel its growth in eco-friendly sectors. The company recently obtained approval from the provincial government to...
Vietnam’s Ministry of Transportation recently ed a delegation on an official trip to France to enhance collaboration across various transportation sectors. The Vietnamese delegation held meetings with the French Minister responsible for transportation, as well as with...
Vietnam’s leading tech firm FPT announced plans to build a USD 200 million artificial intelligence (AI) factory utilizing Nvidia’s graphics chips and software. This initiative aims to enhance AI research in Vietnam, focusing on developing AI applications...
US private equity firm Warburg Pincus has confirmed its investment in Xuyen A, a private tertiary general hospital group based in Vietnam. Warburg Pincus’ investment in Xuyen A is part of its broader strategy in Vietnam’s healthcare market. The investment agreement...
Experts estimate that Vietnam will need to invest USD 20-30 billion in water supply and drainage to ensure universal access to clean water. The Ministry of Natural Resources and Environment (MNRE) projects that water demand will reach about 122.47 billion cubic meters...
South Korea-based manufacturer of wind turbine towers CS Wind has produced the first wind turbine tower in Vietnam’s Ba Ria Vung Tau province for an offshore wind farm being developed by Copenhagen Infrastructure Partners (CIP) and SK E&S in South Korea....
Apple plans to increase its investment in Vietnam, according to state media quoting CEO Tim Cook during his visit to Hanoi in April 2024. Vietnam is already a crucial manufacturing hub for Apple. Cook made these remarks during a meeting with Prime Minister Pham Minh...
In April, 2024, the Vietnamese Ministry of Defense expressed its intention to purchase the K9 howitzers from South Korea’s Hanwha Aerospace for the People’s Army of Vietnam. During the “11th Korea-Vietnam Defense Strategy Dialogue” held in...
In April 2024, the Washington State Department of Agriculture (WSDA) signed a Memorandum of Understanding (MOU) with Vietnam to enhance agricultural development and trade. Representatives from Washington’s apple and cherry industries joined a delegation that...
The inaugural prototype of Indonesia’s marine floating solar power plant, Solar2Wave, has been unveiled with support from Innovative UK. Collaborating companies and universities, including Institut Teknologi Sepuluh Nopember (ITS) in partnership with Cranfield...
JLK, Korea’s premier publicly traded medical AI firm, has forged a partnership with Indonesia’s leading hospital chain Siloam, boasting a workforce of over 3,000 doctors and 8,000 nurses. The collaboration aims to supply medical AI software, a move...
