The Vietnam Petroleum Institute (VPI), a member of the Vietnam Oil and Gas Group (PetroVietnam), is applying artificial intelligence (AI) and machine learning in petroleum exploration and its operations. Traditional methods to identify fractured granite basements...
According to the Ho Chi Minh City Medical Equipment Association, the Vietnamese medical equipment market, is growing at a rate of over 18% annually. The market is dependent on imports, offering substantial opportunities for foreign providers. The market is currently...
Overseas companies are making investments in Vietnam wind offshore sector. One of the most notable recent examples is the collaborations between Danish offshore wind developer Ørsted and PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC...
According to Vietnam´s Deputy Minister of Industry and Trade, the Southeast Asian country will require between USD 8 billion and USD 14 billion in investments annually through 2030 to build new power plants and expand its grid. Specifically, 75% of the money would go...
The government of Vietnam recently announced that it aims to develop seven maritime economic clusters in the country over the next 10 years as part of its strategy to advance the marine economy while promoting sustainable development. The target was set by the Prime...
Boeing, one of the top aircraft manufacturers in the world, has announced its intention to invest in the Vietnamese supply chain by working with more local suppliers. At the Boeing Aerospace Industry Forum recently held in Hanoi, the general director of Boeing Vietnam...
An official partnership has been established between AquaEasy and Viet-Uc Group, one of the top shrimp farmers in Vietnam, to implement Artificial Intelligence (AI) technology solutions in local shrimp farms. Viet-Uc Group will install AquaEasy’s AI systems,...
As an attempt to lower risks and dependence on China, Google will begin producing its Pixel smartphones in Vietnam in 2023. Accordingly, Google will shift a small portion of Pixel 6 production to the Southeast Asian nation for training reasons even if the majority of...
Recently, KT Corporation, South Korean’s largest telecommunication company, and Medi Plus Solution, a Korean Healthcare company, inked a memorandum of understanding (MOU) to gain entrance to the Vietnamese digital healthcare market. The two companies are creating a...
Central Retail Corporation, a famous Thai retailer, has recently announced to invest around USD 829 million into Vietnam during the next five years to enlarge its operations in the country. The plan will last until 2026, and the company sets to become a multi-channel...
The Vietnam Oil and Gas Group (PetroVietnam) has been working with sociopolitical organizations to promote digital transformation across all of its businesses while also developing and perfecting appropriate and efficient solutions. PetroVietnam has determined that...
MSC, a global container shipping company, and the Vietnam Maritime Corporation are working together to develop a massive new transshipment container terminal near Ho Chi Minh City (HCMC). The project is expected to enhance the MSC’s presence in the country, support...
