Vietnamese exporters are adjusting their businesses to the low-carbon consumption trend which is encouraging firms to implement green production. This is considered a considerable opportunity for these companies to make investments in sustainable manufacturing and...
Vietnam’s Deputy Prime Minister Tran Hong Ha has recently cited Decision No. 1165/QD-TTg as a significant milestone in Vietnam’s pharmaceutical sector. The Decision includes the National Strategy for developing the country’s pharmaceutical industry until 2030, with a...
Vietnam and South Korea have signed a Memorandum of Understanding (MOU) to develop artificial intelligence (AI) technology in five areas: medical, healthcare, smart cities, and automation in Vietnam’s central coast city of Da Nang, which would position Vietnam as a...
Vietnam is planning to modernize its seaport system. There are 286 terminals with over 96km of quays in total nationwide at present, capable of handling over 706 million tons of cargo. Among them, the seaport complexes in northern Hai Phong city and Ho Chi Minh City...
In October 2023, Amkor Technology, the world’s largest US-headquartered OSAT (outsourced semiconductor assembly and test) service provider, announced the grand opening of Amkor’s newest factory in Bac Ninh Province, Vietnam. The USD 1.6 billion chip factory will...
Marriott International has announced agreements to open three new luxury resorts in Vietnam. This marks the debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel...
In September 2023, Lotte announced the official opening of Lotte Mall West Lake Hanoi, a mega shopping mall that serves customers desiring to experience Korean products ranking from as K-food and K-culture. Located across a remarkable 354,000 square meters, Lotte Mall...
According to Mr. Nguyen Thang Vuong, Head of the European and American Markets Division under the Ministry of Industry and Trade, Apple has relocated 11 factories for manufacturing audiovisual devices to Vietnam. According to the list of Apple’s global suppliers...
Petrovietnam Gas Joint Stock Corporation (PV GAS) has completed a series of technical tests and is now prepared to begin commercial operation of the Thi Vai liquefied natural gas (LNG) warehouse and terminal complex, making it the first mega LNG infrastructure in...
Vietnam’s Ministry of Information and Communications (MIC) is planning for the auction frequencies of 5G in November 2023, and it is expected that the first series of licenses for 5G deployment will be granted by the end of 2023. Following Vietnam’s regulations, the...
South Korea’s Ministry of Food and Drug Safety (MFDS) in September 2023 held a bilateral collaboration meeting with the Drug Administration of Vietnam (DAV) to support cosmetics exports to the Southeast Asian country. Korea exports the largest quantity of cosmetic...
SK Group’s SKC Co., a chemical subsidiary of the South Korean conglomerate, is gearing up to construct a factory in Vietnam dedicated to producing materials for biodegradable plastics, as part of its robust commitment to expand its eco-friendly materials...
