Central Retail, Thailand’s leading retailer, inaugurated its 40th GO! mall in Ha Nam province on Saturday. The 1.4-hectare facility, which required an investment of VND 309 billion (approximately USD 12.6 million), began construction in July 2023. During the...
Danish conglomerate A.P. Moller Holding is planning to invest in deepwater ports and logistics infrastructure throughout Vietnam, with the goal of establishing the country as a vital hub in Southeast Asia’s supply chain network. Vietnamese Prime Minister met...
The South Korean display manufacturer Samsung Display is set to establish a USD 1.8 billion organic light-emitting diode (OLED) production line in Vietnam, focusing on small- to medium-sized panels for laptops and tablets. This announcement follows a memorandum of...
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),...
