Vietnam to Develop Sustainable Agriculture

Vietnam to Develop Sustainable Agriculture

According to the Ministry of Agriculture and Rural Development, Vietnam has targeted to modernize and transform the country’s agriculture by 2030. Accordingly, the sector is expected to achieve annual growth of 2.5-3% until 2030, with agricultural productivity...
Manufacturing Sector Continues to Thrive in Vietnam

Manufacturing Sector Continues to Thrive in Vietnam

Vietnam has been recently recognized as “the world’s new production base” as the country continues recording optimistic export turnover and huge FDI inflows. In a report released by Savills, the Southeast Asian nation has been shifting from an...
Keppel Collaborates with Sovico in Vietnam

Keppel Collaborates with Sovico in Vietnam

Singapore’s Keppel Group and Vietnam’s Sovico Group have signed a Memorandum of Understanding to develop and roll out sustainable energy and smart, sustainable township management services in Vietnam. The two parties will collaborate through their...
ICT Firms Continue to Expand in Vietnam

ICT Firms Continue to Expand in Vietnam

According to the 2021 Buzz Rankings released by YouGov, a global public opinion and data company, e-commerce platforms and technology firms continued to be highly evaluated in the rankings of the most-mentioned brands in Vietnam and Southeast Asia. Specifically,...
Foreign Retailers to Expand Business in Vietnam

Foreign Retailers to Expand Business in Vietnam

Despite the pandemic impact, foreign retailers are implementing a multi-channel sales strategy and enhancing operations and delivery services to enlarge their business in Vietnam. According to Ho Chi Minh City’s Department of Industry and Trade, Vietnam is a...
Thaigroup to Invest in Space Tourism in Vietnam

Thaigroup to Invest in Space Tourism in Vietnam

Thaigroup, through its subsidiary ThaiSpace, is seeking to invest VND 30 trillion (USD 1.3 billion) into a tourism spaceport project in Phu Quoc City in Kien Giang Province. ThaiSpace’s mission will be to conduct the first space voyage from Phu Quoc. The group...
Vietnam’s Construction Sector Set to Recover in 2022

Vietnam’s Construction Sector Set to Recover in 2022

Vietnam’s construction industry is set to continue its recovery in 2022 as several large-scale infrastructure projects move through different stages of development. According to Fitch Solutions, Vietnam will continue to be one of the fastest-growing construction...
Prospects for FDI Attraction Bright in 2022

Prospects for FDI Attraction Bright in 2022

According to the Da tu (Investment) newspaper, Vietnam expects foreign direct investment (FDI) to increase in 2022 and subsequent years, with positive signals seen as early as this year. The first FDI project receiving an investment license in Vietnam this year, with...
Vietnam Supports the Growth of Marine Aquaculture

Vietnam Supports the Growth of Marine Aquaculture

The Vietnamese government is encouraging greater investment in the country’s marine aquaculture sector. The country’s marine aquaculture output has increased by 20% every year since 2010, and now covers 70,000 hectares and produces 650,000 tonnes. However, by 2025,...
Toto to Invest in a New Faucets Factory in Vietnam

Toto to Invest in a New Faucets Factory in Vietnam

Toto Ltd. has announced that it will build a new factory for faucets in northern Vietnam to meet growing global demand. Toto will invest about JPY 10 billion (USD 86.9 million)  in the new plant. Construction started in January 2022, with operations scheduled to begin...