According to real estate agency Savills Vietnam, many luxury brands have targeted Vietnam as part of their market diversification strategies. Although China is still a critical market for the global luxury retail sector, Southeast Asian countries, including Vietnam,...
Sweden’s Trelleborg Group has decided to invest in a completely new manufacturing facility in Vietnam for mainly marine solutions, such as marine construction, infrastructure, and fenders. The investment is part of a larger restructuring project where Trelleborg...
Vietnam’s population has been increasing fast, with roughly 1 million people added each year. In 2023, the country is forecasted to achieve the 100-million milestone. Ho Chi Minh City and Hanoi are the two most populous metropolitans, which are home to 9 million and 5...
Vietnam’s data center sector is booming at an unexpected pace, with both domestic and global players willing to establish more data centers as demand for data storage continues thriving. The implementation of the new law on data localization since 2022 has been...
In May 2023, Pfizer Vietnam signed a Memorandum of Understanding (MOU) with the Vietnam Pediatrics Association (VPA) to strengthen the capability of pediatric healthcare professionals in the Southeast Asian country during the 2023-2026 period. The MOU will also...
Vietnam recently announced that it has finalized a long-awaited power plan for this decade, with the goal of increasing wind energy and gas while decreasing dependency on coal. The plan, known as PDP8, intends to ensure the country’s energy security while...
The United Nations Development Program (UNDP) and the Embassy of Japan in Vietnam have given the Vietnamese city of Hue six electric trucks for rubbish collection, which are Vietnam’s first electric garbage collection trucks. The Japanese government will assist...
Sweden is an important Northern European market for Vietnam, and the two countries have a lot of potential to increase bilateral commerce, as recently highlighted by Vietnam’s Minister of Industry and Commerce to Swedish Ambassador to Vietnam. During their meeting in...
A meeting was recently convened at the Kobe Chamber of Commerce and Industry (KCCI) headquarters in Japan to discuss ways to increase Vietnam-Japan cooperation in the manufacturing of aerospace components and products. The conference, according to the chairman of the...
The Vietnamese shrimp sector has expanded considerably over the past decade, but some issues such as overfishing, diseases, pollution, and forced labor are still to be fully solved. One option is to promote the use of artificial ponds, which allow for more control...
VinES Energy Solutions (VinES), an industry leader in lithium-ion battery resource recovery, and Li-Cycle Holdings Corp. (Li-Cycle), the leading lithium-ion battery recycler in North America, recently announced the signing of a definitive agreement for a long-term...
On April 20, Vietnam’s National Master Plan for 2021-2030, with a vision to 2050, was made public in Hanoi. By 2030, Viet Nam aims to be an upper middle-income country with modern industry, a high average income, and economic growth based on research, technology,...
