Vietnam to Start Importing LNG in 2022

Vietnam to Start Importing LNG in 2022

It has recently been announced that Vietnam plans to begin importing LNG in 2022. Importantly, the government considers LNG to be one of the most efficient solutions to reduce carbon emissions and ensure the country’s energy security. According to...
Vietnam Leads in Asia Pacific for Growth of Solar and Wind

Vietnam Leads in Asia Pacific for Growth of Solar and Wind

According to a recent study conducted as part of a collaboration between the Australian National University, the Norwegian Institute of International Affairs, and the ASEAN Centre for Energy and the National Economics University of Vietnam, the increase solar and wind...
Vietnamese E-pharmacy Startup Secures USD 1 Million

Vietnamese E-pharmacy Startup Secures USD 1 Million

In September 2021, it was announced that Vietnam’s E-pharmacy startup Medigo secured a USD 1 million investment from venture capital firm Touchstone Partners, an early-stage Vietnamese venture capital firm that launched its inaugural USD 50 million fund earlier...
VNPT and Nokia Sign Agreement on Digital Infrastructure Development

VNPT and Nokia Sign Agreement on Digital Infrastructure Development

Vietnam Posts and Telecommunications Group (VNPT) and Finnish IT and consumer electronics company Nokia have signed a cooperation agreement with the aim to upgrade and develop VNPT’s digital infrastructure. The signing ceremony took place in Finland. Under the...
Vietnam Approves New Master Plan on Seaport System

Vietnam Approves New Master Plan on Seaport System

In September 2021, Vietnam’s deputy prime minister signed a decision approving the development plan of a seaport system in 2021-2030, with a long-term goal of 2050. Under the master plan, Vietnam’s marine infrastructure will be expanded in terms of capacity and...
Leading Semiconductor Manufacturer to Start Production in Vietnam

Leading Semiconductor Manufacturer to Start Production in Vietnam

In September 2021, Universal Scientific Industrial Co., Ltd. (USI) announced that it had completed the first phase for the construction of its new manufacturing base in Vietnam. The company is a member of ASE Technology Holding, a Taiwan-based world-leading provider...
Bamboo Airways Signs Agreement for GEnx Engines

Bamboo Airways Signs Agreement for GEnx Engines

Bamboo Airways has signed an agreement to purchase GEnx engines for its Boeing 787-9 aircraft order of 10 firm and 20 options valued at close to USD 2 billion list price with GE Aviation (an operating unit of General Electric Company) of the US. The GE agreement is...
Foreign Companies Continue Investing in Vietnam despite Covid-19

Foreign Companies Continue Investing in Vietnam despite Covid-19

Several foreign firms, including the Swedish-Swiss multinational food packaging and processing company Tetra Pak, have recently announced new investment into Vietnam, despite recent Covid-19 outbreaks in the country. Foreign players like Nestle and Samsung evaluate...
Boeing Opens its First Office in Vietnam

Boeing Opens its First Office in Vietnam

Boeing has opened its first office in Hanoi, along with another in Jakarta, in Indonesia. In parallel, Boeing announced the appointment of a new president of the company’s Southeast Asia business, demonstrating its sustained commitment to the region. The presence in...