South Korea’s Celltrion has successfully set up a local subsidiary in Vietnam, a pivotal market within the ASEAN pharmaceutical landscape. The company aims to secure sales permits for its flagship products by the end of 2024 and distribute its treatments...
Australian businesses are eager to assist their Vietnamese counterparts in the efficient exploitation, processing, and utilization of rare earth resources, according to the Australian Ambassador to Vietnam. During a recent meeting with the Commission for the...
Vietnam’s CME Solar Investments has formed a joint venture with Vista Global, a subsidiary of Samsung C&T under the South Korean tech conglomerate Samsung, to advance rooftop solar energy development in Vietnam. The CME-Vista partnership aims to accelerate the...
The United States and Vietnam are working to enhance agricultural trade, driven by rising demand for high-quality products in both nations. In September 2024, the US Department of Agriculture (USDA) led a significant trade delegation to Vietnam, marking the largest...
Vietjet and Honeywell Aerospace Technologies have signed a USD 1.1 billion cooperation agreement to provide advanced avionics and technical services for Vietjet’s modern, fuel-efficient aircraft fleet. The agreement is an important advancement in Vietjet’s...
In September 2024, Vietnamese and U.S. companies signed several memorandums of understanding (MoUs) to collaborate on energy, artificial intelligence (AI), and data center projects. These MoUs were finalized during a business forum in the U.S. Among the agreements,...
Organon, a US-based healthcare company focused on advancing women’s health and community well-being, has recently announced the launch of its Foreign Investment Enterprise (FIE) in Vietnam. This strategic development represents a major step in the...
Google is contemplating the construction of a substantial data center in Vietnam, potentially marking the first major investment by a prominent U.S. tech firm in the Southeast Asian country. The proposed “hyperscale” data center would be located near Ho...
US-based liquefied natural gas (LNG) importer Excelerate Energy has signed a term sheet with ITECO Joint Stock Company, a private Vietnamese development firm, to jointly develop a new LNG import terminal in Haiphong, Vietnam. The Northern Vietnam LNG Terminal (NVLT),...
South Korean semiconductor company Signetics is set to operationalize its USD 100-million factory in Vinh Phuc province by October 2025. The new facility, which will supply products to major South Korean conglomerates Samsung and SK, is being developed in partnership...
Australian company G&M Cosmetics has made its debut in Vietnam, with its products now available in more than 500 retail outlets across the country. The company is introducing its Australian Creams MKII Gold Series, featuring ingredients such as goat’s milk, manuka...
In August 2024, the Managing Director for South East Asia of France’s SUEZ Group met with Vice Chairman of the Can Tho municipal People’s Committee to explore potential collaborations on projects involving water supply, wastewater treatment, and waste management. The...
