Afry, a Swedish-Finnish supplier of engineering, design, and advisory services, has just closed a deal with Vietnam’ LIG-Huong Hoa 1 Joint Stock Company to become the owner’s engineer for the 48 MW Huong Hoa 1 onshore wind farm. LIG-Huong Hoa 1 is a project company...
A recent report from KPMG International Ltd and HSBC Holdings Plc has disclosed that the number of startups in Vietnam almost doubled between the start of the Covid-19 pandemic and mid-2022. The growth is supported by some of the biggest investors in the world, such...
In February 2023, Growatt announced the opening of the first phase of its production facility in the northern coastal city of Hai Phong, where it will manufacture solar inverters, storage inverters, and batteries. To serve the surging demand of the US market as well...
Accor Vietnam and IHG Hotels & Resorts, two leading hotel companies, have put forward plans to double the number of hotels in Vietnam that meet international standards over the next five years. According to the Vice President of Operations of Accor Vietnam, 41...
Vietnamese feeder operator Hai An is launching a joint venture called Lotus Link with Israeli carrier Zim to transport Vietnamese exports from the ports of Ho Chi Minh, Danang and Hai Phong. The joint venture also has its sights set on Vietnam’s hinterlands and...
A seminar on life science and health in Vietnam was co-hosted by the Belgian Vietnamese Alliance (BVA) and IBA, a leading Belgian company in particle accelerator technology and a provider of tools and services for proton radiation therapy. According to Proton Therapy...
Since 2007, Vietnam has been producing small satellites and has made significant progress in this field, despite being a newcomer to the space race. The country has concentrated on the manufacture of small satellites due to limited capability in science and...
A new factory has been opened in northern Vietnam by a joint venture between South Korean’s Hyundai Motor and the Vietnamese conglomerate Thanh Cong Group as it seeks to increase output and maintain its dominant position in the market. The plant, located in the...
Vietnam’s Minister of Planning and Investment (MPI) led a Vietnamese delegation to Germany and the Netherlands in February 2023 to enhance cooperation in smart agriculture and innovation. At the Netherlands-based World Horti Center (WHC), the Minister discussed the...
After years of discussions with officials and the completion of a risk assessment, U.S. streaming giant Netflix Inc. is opening a representative office in Vietnam. The risk assessment was conducted in late 2022, which included evaluating the security and political...
Waterco, a Sydney-based water treatment and pool equipment manufacturer, has expanded its commercial footprint to Vietnam by establishing a sales and service center in Ho Chi Minh City, fully operational in December 2022. This marks Waterco’s accomplishment in...
Vietnam is registering a growing interest from foreign investors in the offshore wind industry. In order to achieve net zero emissions by 2050, the nation is currently developing a new Power Development Plan (PDP) that places an emphasis on switching from coal to...
