Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Vietnam’s Software Industry Thrives Amidst the Covid Pandemic

Although the Covid-19 pandemic severely affected many companies, it has created new opportunities for several industries in Vietnam, including software. In the first half of 2021, FPT Corporation, one of the leading technology companies in the Southeast Asian nation,...
Turkish FMCG Firm to Build Regional Hub in Vietnam

Turkish FMCG Firm to Build Regional Hub in Vietnam

Hayat, a Turkish FMCG firm, has officially launched its flagship diaper brand Molfix in Vietnam. The company announced earlier in 2021 that it plans to invest USD 250 million to increase the capacity of its factories in the Southeast Asian country to produce and...
US Supports Energy Storage Project in Vietnam

US Supports Energy Storage Project in Vietnam

A Vietnamese enterprise has been awarded USD 2.96 million by the US Consulate General in Ho Chi Minh City for the implementation of an advanced energy storage pilot project in Khanh Hoa province. The project, known as Battery Energy Storage System Pilot Project, will...
Vietnam Expected to Ease Tariffs on US Pork

Vietnam Expected to Ease Tariffs on US Pork

According to the Ministry of Agriculture and Rural Development, Vietnam is planning to reduce US pork tariffs in order to further alleviate trade tensions with the country’s biggest export market. In effect, import restrictions are being eased as part of a...
Vietnam to Have Nine New Railway Routes by 2030

Vietnam to Have Nine New Railway Routes by 2030

Vietnam’s Ministry of Transport has announced that the country aims to construct nine new rail routes, consisting of 2,362 kilometers, by 2030, as a plan to upgrade the current transport network. These projects will require a total of VND 240 trillion (USD 10.3...
Bamboo Airways Signs Agreement for GEnx Engines

Bamboo Airways Signs Agreement for GEnx Engines

Bamboo Airways has signed an agreement to purchase GEnx engines for its Boeing 787-9 aircraft order of 10 firm and 20 options valued at close to USD 2 billion list price with GE Aviation (an operating unit of General Electric Company) of the US. The GE agreement is...
Foreign Companies Continue Investing in Vietnam despite Covid-19

Foreign Companies Continue Investing in Vietnam despite Covid-19

Several foreign firms, including the Swedish-Swiss multinational food packaging and processing company Tetra Pak, have recently announced new investment into Vietnam, despite recent Covid-19 outbreaks in the country. Foreign players like Nestle and Samsung evaluate...
Vietnam to Start Importing LNG in 2022

Vietnam to Start Importing LNG in 2022

It has recently been announced that Vietnam plans to begin importing LNG in 2022. Importantly, the government considers LNG to be one of the most efficient solutions to reduce carbon emissions and ensure the country’s energy security. According to...
Vietnam Leads in Asia Pacific for Growth of Solar and Wind

Vietnam Leads in Asia Pacific for Growth of Solar and Wind

According to a recent study conducted as part of a collaboration between the Australian National University, the Norwegian Institute of International Affairs, and the ASEAN Centre for Energy and the National Economics University of Vietnam, the increase solar and wind...