In December 2023, Vietnam granted an investment license to a consortium comprising Tokyo Gas, Kyuden International, and Truong Thanh Group for the construction of an LNG-fired power plant in the northern province of Thai Binh, with an estimated cost of around USD 2...
Japanese conglomerate Marubeni Corporation and VinFast, Vietnam’s first automobile manufacturer established by Vingroup JSC, signed a memorandum of understanding (MoU) in December 2023 for cooperation in the secondary use of electric vehicle (EV) batteries. Under the...
Nipro, Japan’s multinational medical corporation, has recently partnered with FPT Telecom’s FPT Medicare on a strategic cooperation agreement to deliver digital medical devices with international standards and affordability. Through this partnership, the two firms aim...
QuadGen Wireless Solutions, an Indian company specializing in network and engineering services, has formed a collaboration with Viettel High Tech, a state-owned telecom major in Vietnam, to produce 5G network equipment. The range of products will encompass radio...
According to Vietnam’s Ministry of Transport (MoT), the international terminal at Hanoi’s Noi Bai Airport is set to undergo expansion in 2024, with plans to boost its capacity from 10 million to 15 million visitors annually. In response to concerns raised...
Hitachi Energy recently inaugurated a new transformers factory in Bac Ninh province of Vietnam. The new facility specializes in liquid-filled power and distribution transformers. It is set to nearly double the Hitachi’s previous factory’s annual capacity...
PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy 80,000 square meters overall, will be constructed at the Dong Van I Expanded Industrial Park....
The Minister of Maritime Affairs and Fisheries of Indonesia has recently expressed confidence in the nation’s potential to emerge as a prominent lobster producer in Southeast Asia. This optimism originates from the government’s ongoing efforts to promote...
According to the city’s Department of Agriculture and Rural Development (DARD), Ho Chi Minh City (HCMC) is planning to develop sustainable urban agricultural production by applying modern technologies for at least 70% of its farmland by 2030. Statistics show that the...
Amadeus, a Spanish multinational technology firm that offers software solutions for the global travel and tourism industry, signed an agreement with Vietnam Airlines to employ its enhanced passenger service system (PSS) technology. The contract builds on an existing...
Vietnam is holding talks with chips companies to draw investment in the country and possibly building its first chipmaking plant. The talks followed a historic upgrade between Vietnam and the US in September 2023, when President Joe Biden visited Hanoi and the White...
The Korean conglomerate SK Group recently invested USD 30 million in a Vietnamese startup fostering agency, while also expanding its collaboration with the Vietnamese government on eco-friendly ventures, spanning carbon capture, waste recycling, and the development of...
