Vietnam is seeing a sharp rise in grain imports as domestic production of rice and corn declines and the livestock and aquaculture industries expand. Farmers in key regions such as the Mekong Delta are shifting land from staple crops to more profitable activities,...
Vietjet has broken ground on a USD 100 million maintenance, repair, and overhaul (MRO) facility at Long Thanh International Airport, marking a major step forward in Vietnam’s aviation infrastructure development. Designed to accommodate up to ten aircraft...
Vietnam has revised its 2025 GDP growth target upwards to 8.3 – 8.5%, replacing an earlier goal of 8%, under a sweeping new resolution that sets immediate action across investment, infrastructure, credit management, exports and domestic consumption. The...
Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI GMF II Cooperatief UA fund, has signed a Joint Development Agreement with Petrovietnam to advance offshore wind projects in Vietnam. The deal, announced on August 22, follows a renewable energy...
Vietnam’s packaging and recycling industries are undergoing a major transformation as new environmental regulations and global market demands push sustainability to the forefront. The Extended Producer Responsibility regulation, effective since early 2024, requires...
Opella, the world’s third-largest consumer self-care company, is positioning Vietnam at the heart of its global sustainability and healthcare agenda. Marking its launch as a standalone company in May 2025, Opella builds on more than 70 years of operations in Vietnam,...
Vietnam has launched or completed 250 infrastructure projects across 34 cities and provinces, representing a total investment of nearly VND1.28 quadrillion (USD 48.7 billion). The projects, covering transport, energy, industrial facilities, and housing, highlight a...
U.S. semiconductor manufacturer Coherent Corp. has inaugurated its third facility in Vietnam, located in Nhon Trach Industrial Park, Dong Nai Province, with an initial investment of USD 127 million. The plant will produce precision-engineered materials and photonics...
Walmart has added Vietnam to its cross-border ocean shipping network, enabling sellers to ship goods directly from Ho Chi Minh City and Hai Phong to its U.S. facilities. These are the retailer’s first origin ports outside China, reflecting both shifting global trade...
Dassault Systèmes and Viettel have signed a Memorandum of Understanding (MoU) to strengthen collaboration in artificial intelligence (AI), machine learning (ML), and digital transformation, aiming to accelerate Vietnam’s high-tech development. The partnership will...
Lidl, one of Europe’s largest supermarket retailers, is reinforcing its supply chain resilience by shifting more sourcing to Vietnam and Malaysia. The move comes amid rising global uncertainties and growing demand for diversified import markets. The company’s parent,...
Coherent Corporation has reinforced its global growth strategy with the inauguration of a USD 127 million manufacturing facility in Dong Nai province. The new plant, located at Nhon Trach Industrial Park, was officially launched on July 28 and will produce...
