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,...
John-Richard, a luxury home furniture producer, has announced that it will construct a new furniture factory in Binh Duong Province, with a four-building complex totaling 240,000 square feet under one roof. According to John-Richard, the plant will more than double...
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...
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...
According to the Airports Corporation of Vietnam (ACV), the upgrading of Terminal 2 (T2) at Noi Bai International Airport in the capital Hanoi would cost more than VND 4.98 trillion (USD 218.5 million), in order to increase its annual capacity from current 10 million...
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...
The Institute of Strategy and Policy on Natural Resources and Environment (ISPONRE) is looking for international collaboration opportunities in the field of rainfall collection and purification technology in order to combat climate change in the Mekong Delta. During...
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 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...
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...
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...
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...
