Vietnam has emerged as a leading force in global food production, achieving self-sufficiency and becoming a major exporter, according to Máximo Torero, Chief Economist of the Food and Agriculture Organization (FAO). Speaking during the P4G Summit in Hanoi, Torero...
Facing a potential 46% U.S. tariff on its exports, Vietnam has announced plans to boost imports of American defense and security products in an effort to address its substantial trade surplus with the United States, which exceeded USD 123 billion in 2024. Prime...
Vietnam attracted nearly USD 11 billion in foreign investment in the first quarter of 2025, marking a 35% increase year-on-year, according to the Ministry of Planning and Investment. The rise highlights sustained investor confidence in the country’s economic prospects...
SUEZ has entered into a strategic joint venture with Sonadezi, a state-owned Vietnamese industrial park developer, to provide integrated environmental solutions at Chau Duc Industrial Park – the largest of its kind in southern Vietnam. This collaboration marks...
Vietnam’s pharmaceutical industry is experiencing robust growth, with its market size projected to reach $10 billion by 2026, up from USD 2.7 billion in 2015 and USD 7 billion in 2025. This expansion is driven by favorable policies, increasing healthcare demand,...
French technology company IDEMIA Secure Transactions (IST) has entered into a strategic partnership with Vietnam’s National Payment Corporation (NAPAS) to enhance the country’s digital payment infrastructure. This collaboration aims to meet the growing...
Vietnam has inaugurated its first privately developed smart international container terminal, the Hateco Hai Phong International Container Terminal (HHIT), marking a significant advancement in the country’s logistics infrastructure. Located in the Lach Huyen...
Brazilian meat processing giant JBS S.A. has announced a USD 100 million investment to establish two meat processing facilities in Vietnam, marking a significant expansion of its operations in Southeast Asia. The move is part of JBS’s strategy to strengthen its...
Vietnam has announced an ambitious plan to increase its total installed power generation capacity to between 183 and 236 gigawatts by 2030, up from over 80 GW at the end of 2023. This initiative, detailed in the revised National Power Development Plan (PDP8), aims to...
Japanese retail giant AEON Vietnam has commenced construction on a new shopping center in Hai Duong province, marking its continued expansion in Vietnam. With an investment of approximately USD 47.2 million, the AEON Hai Duong Shopping Centre is slated to open in the...
The South Korea’s convenience store brand GS25 has officially ventured into northern Vietnam by launching six new outlets in Hanoi, marking a significant step in its broader national growth strategy. The newly opened stores are strategically situated in key districts...
Czech automobile manufacturer Škoda Auto, a subsidiary of the Volkswagen Group, has officially launched a new vehicle manufacturing facility in Vietnam, reinforcing its strategy for global expansion. In partnership with Vietnam’s Thanh Cong Group, the new...
