A new factory has been opened in northern Vietnam by a joint venture between South Korean’s Hyundai Motor and the Vietnamese conglomerate Thanh Cong Group as it seeks to increase output and maintain its dominant position in the market. The plant, located in the...
Vietnam’s Minister of Planning and Investment (MPI) led a Vietnamese delegation to Germany and the Netherlands in February 2023 to enhance cooperation in smart agriculture and innovation. At the Netherlands-based World Horti Center (WHC), the Minister discussed the...
After years of discussions with officials and the completion of a risk assessment, U.S. streaming giant Netflix Inc. is opening a representative office in Vietnam. The risk assessment was conducted in late 2022, which included evaluating the security and political...
Waterco, a Sydney-based water treatment and pool equipment manufacturer, has expanded its commercial footprint to Vietnam by establishing a sales and service center in Ho Chi Minh City, fully operational in December 2022. This marks Waterco’s accomplishment in...
Vietnam is registering a growing interest from foreign investors in the offshore wind industry. In order to achieve net zero emissions by 2050, the nation is currently developing a new Power Development Plan (PDP) that places an emphasis on switching from coal to...
Vinamilk, a leading Vietnamese dairy brand, has announced that its Optimum Gold recently became Asia’s first dairy formula product to be awarded the Clean Label Project (CLP) Purity Award 2022. The Clean Project is a U.S. non-profit organization with the goal of...
According to a recent survey conducted by the European Chamber of Commerce in Vietnam (EuroCham), 41% of respondents stated that their company was moving operations from China to Vietnam, an increase of 13% compared to the figure registered in the third quarter of...
Vietnam´s Ministry of Transport has been advised by the Civil Aviation Authority of Vietnam (CAAV) to let airlines expand their fleets in order to meet domestic demand and take advantage of opportunities brought about by the recovering global economy. According to...
After ten years in Vietnam, Starbucks expects to open its 100th location there in the second quarter of 2023 and continue to expand in the foreseeable future. The US chain presently operates 87 locations across seven cities in Vietnam, 50 of which are in Ho Chi Minh...
The Vietnam-Korea Institute of Science and Technology (VKIST) was inaugurated on January 17 at the Hoa Lac Hi-tech Park in Hanoi. The VKIST is one of Vietnam’s largest research and development (R&D) centers which has been under construction since 2014 thanks to...
It was jointly announced by Cleveland Clinic and Vinmec Health System that Vinmec Times City International Hospital has joined the network of Cleveland Clinic Connected. Cleveland Clinic developed Cleveland Clinic Connected in response to the rising demand for...
BOE Technology Group, a Chinese display maker and a supplier to both Apple Inc and Samsung Electronics, intends to invest up to USD 400 million to develop two factories in Vietnam. BOE is in discussions to rent land in the northern region to supplement its relatively...
