Singapore’s Changi Airports International (CAI) has entered into a partnership with Cam Ranh International Joint Stock Company (CRTC) to manage Terminal 2 of Cam Ranh International Airport, aiming at improving non-aeronautical businesses and developing...
Vietnam International Bank (VIB) has teamed up with Amazon Web Services (AWS) and Switzerland-based technology solutions provider ITSS to deploy the latest version of the Temenos core banking system, R23, on both AWS cloud and VIB’s private cloud platform. The...
South Korean pharmaceutical company Genuone Sciences has recently formed a partnership with Vietnam’s pharmaceutical manufacturer Imexpharm in a strategic movement to expand its presence in Southeast Asian markets. This collaboration is expected to develop the...
Vietnam’s leading ICT company, FPT Group, has signed an MoU with Carbon EX, a Japanese platform for trading carbon credits, to foster Vietnam’s carbon market and work on carbon credit management and operational services for enterprises. The partnership aims to...
Vietnam has announced to implement the Prime Minister’s decision No.165 on the strategy to promote hydrogen until 2030, with a vision to 2050. Accordingly, the country aims to produce hydrogen from renewable energy sources and carbon capture methods, targeting around...
The Vietnamese Government has introduced new incentive packages to stimulate investments in hi-tech parks. Decree No. 10/2024/NĐ-CP stipulates that hi-tech parks will receive investment incentives equivalent to those granted to regions facing extremely challenging...
Synspective, a Japanese Synthetic Aperture Radar (SAR) satellite data and analytics solution provider, recently entered into an agreement with the National Remote Sensing Department (NRSD) of the Ministry of Natural Resources and Environment of Vietnam and Fujitsu...
Entobel, a Singaporean specializing in the production of functional insect protein for animal and plant nutrition, recently inaugurated a new black soldier fly (BSF) production plant in Ba Ria Vung Tau province of Vietnam, which is also the largest of its kind in...
Distributors of luxury brands in Vietnam, including Louis Vuitton, Chanel, Dior, and Hermes, reported profits of VND 3.8 trillion (USD 156.57 million) in 2022, marking a remarkable 270% increase compared to the previous year. Recent reports also indicate that the...
German tire brand Schwalbe recently announced the decision to centralize all tire and tube manufacturing operations in Vietnam in response to the tense conditions in the bicycle industry. Instead of being able to rely on long-term commitments, orders are now almost...
The South Korean government recently announced the establishment of a corporate entity in Vietnam, named K-UPA, with the aim of establishing a logistics center in the Southeast Asian nation to support small and medium-sized enterprises (SMEs). The launch of K-UPA is...
Vietnam has entered the race in Asia to develop generative artificial intelligence (AI) programs tailored to local languages and cultures, aiming to reduce reliance on services provided by US tech companies. Vingroup, a Vietnamese conglomerate, garnered significant...
