Vinamilk, Vietnam’s largest dairy company, has introduced its latest offering, the Vinamilk Green Farm fresh milk, produced from eco-conscious farm ingredients and employing dual vacuum technology to preserve its natural taste. Unveiled during the...
Masan Group’s Phuc Long Coffee & Tea is pivoting its strategy from focusing on WinMart coffee kiosks to expanding its network of coffee shops in Vietnam’s key urban areas. The firm has unveiled plans to inaugurate between 30 and 60 new outlets in Hanoi...
American biotechnology company Kraig Biocraft Laboratories (Kraig Labs) has announced the commencement of a new recombinant spider silk production center in Lam Dong Province of Vietnam. The new facility is located in the heart of Vietnam’s booming silk market and...
Singapore’s Changi Airports International (CAI) has entered into a partnership with Cam Ranh International Joint Stock Company (CRTC) to manage Terminal 2 of Cam Ranh International Airport, aiming at improving non-aeronautical businesses and developing...
Vietnam International Bank (VIB) has teamed up with Amazon Web Services (AWS) and Switzerland-based technology solutions provider ITSS to deploy the latest version of the Temenos core banking system, R23, on both AWS cloud and VIB’s private cloud platform. The...
South Korean pharmaceutical company Genuone Sciences has recently formed a partnership with Vietnam’s pharmaceutical manufacturer Imexpharm in a strategic movement to expand its presence in Southeast Asian markets. This collaboration is expected to develop the...
Vietnam’s leading ICT company, FPT Group, has signed an MoU with Carbon EX, a Japanese platform for trading carbon credits, to foster Vietnam’s carbon market and work on carbon credit management and operational services for enterprises. The partnership aims to...
Vietnam has announced to implement the Prime Minister’s decision No.165 on the strategy to promote hydrogen until 2030, with a vision to 2050. Accordingly, the country aims to produce hydrogen from renewable energy sources and carbon capture methods, targeting around...
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive investment incentives equivalent to those granted to regions facing extremely challenging...
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing Department (NRSD) of the Ministry of Natural Resources and Environment of Vietnam and Fujitsu...
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) production plant in Ba Ria Vung Tau province of Vietnam, which is also the largest of its kind in...
Distributors of luxury brands in Vietnam, including Louis Vuitton, Chanel, Dior, and Hermes, reported profits of VND 3.8 trillion (USD 156.57 million) in 2022, marking a remarkable 270% increase compared to the previous year. Recent reports also indicate that the...
