US Energy Companies Sign LNG-to-Power Projects in Vietnam

US Energy Companies Sign LNG-to-Power Projects in Vietnam

Virginia-based AES Corp and PetroVietnam Gas have signed a joint venture agreement to develop a USD 2.8 billion liquefied natural gas (LNG) import terminal and a power plant. Much of the LNG will be imported from the US. The terminal will have a capacity of 3 million...
Vietnam to Start Construction for Long Thanh International Airport

Vietnam to Start Construction for Long Thanh International Airport

The Airports Corporation of Vietnam (ACV) commenced construction work for the new Long Thanh International Airport in December 2020. This is an airport development project planned 40 km east of Ho Chi Minh City to alleviate traffic congestion at Tan Son Nhat...
Samsung Electronics Vice Chairman Considers Investment in Vietnam

Samsung Electronics Vice Chairman Considers Investment in Vietnam

In October 2020, Samsung Electronics Vice Chairman Lee Jae-Yong had a meeting with Vietnamese Prime Minister Nguyen Xuan Phuc to discuss possible investment plans. Samsung is the biggest South Korean investor in Vietnam, where it manufactures around half of its...
Japanese Cosmetics Company Launches First Store in Ho Chi Minh City

Japanese Cosmetics Company Launches First Store in Ho Chi Minh City

Japanese cosmetics and drugs retailer Matsumoto Kiyoshi recently opened its first store in downtown Ho Chi Minh City, covering 274 square meters and featuring over 6,000 items of functional foods and beauty products. There are several products available exclusively at...
Vietnam to Accelerate Use of AI in Healthcare

Vietnam to Accelerate Use of AI in Healthcare

Vietnam’s medical and tech experts recently participated in an online seminar organized by several ministries and local authorities in collaboration with the Australian Embassy in Vietnam and the Aus4Innovation program, a USD 8 million development assistance...
Vietnam’s Telehealth Network Connects 1,000 Medical Facilities

Vietnam’s Telehealth Network Connects 1,000 Medical Facilities

After more than two months of piloting, Vietnam’s Ministry of Health officially opened a network connecting 1,000 medical examination and treatment facilities with 27 central hospitals in Hanoi and Ho Chi Minh City. The new telehealth network is part of an...
AQI Participates in Vietnam’s Bespoke Lifestyle Industries

AQI Participates in Vietnam’s Bespoke Lifestyle Industries

Aquarius International Development (AQI), a company specializing in high-end travel experiences and owned by the Norcal Venture Capital Group, will invest USD 250 million into its expansion across the South East Asian region. The investment will encompass luxury...
Da Nang City Targets One Million Roof Top Solar Power Homes

Da Nang City Targets One Million Roof Top Solar Power Homes

The Da Nang Department of Industry and Trade has launched a pilot project for the development of a million roof-top solar power homes. This project, jointly developed with the center for Green Innovation Development (Green ID), aims to encourage solar power usage in...