At a recent Investment Promotion Conference in Vinh Phuc province, a representative of Compal, a Taiwanese company specializing in electronic devices, has announced the operation of a laptop plant valued at USD 500 million. The company is currently a manufacturer for...
Recently, several experts in Ho Chi Minh City (HCMC) have urged the authorities to impose tougher measures to limit the use of motorcycles, which are the local’s favorite means of transportation due to convenience. According to the Director of Transport Development...
Vietnam is among the first countries to launch 5G trials. With superior characteristics, 5G is expected to support the country in building a digital government, economy and society. In 2020, all three key players in telecom companies, namely VinaPhone, MobiFone, and...
Drug companies’ earnings have surged during the first quarter of 2022 due to high demand for Covid-19 medicines and other relevant products. DHG Pharmaceutical JSC, the country’s largest pharmaceutical firm, recorded a 25% increase in profits, topping at VND 255...
Vietnam discards over 3.9 million tons of waste each year, and roughly a third of that is recycled properly. The remaining amount is often burned, buried in landfills, or discharged into the environment, where it might damage waterways and the ocean. A co-founder of...
Experts say Vietnam should restart its nuclear energy program by 2030 in order to meet its commitment to attaining carbon neutrality by 2050. According to a former head of the Vietnam Institute of Energy, the net-zero carbon promise, which was made at the 2021 United...
Since the epidemic, many real estate companies have turned to technology to promote their sales, and investments are pouring into these proptech startups to capitalize on the potential. A real estate company, Jones Lang LaSalle (JLL), evaluated that Vietnam has been...
As freight demand grows, Vietnam’s Ministry of Transport has sought the Prime Minister’s consent to grant a license to IPP Air Cargo, marking it to be the country’s first cargo airline. Accordingly, the brand new cargo carrier is in line with the...
Ho Chi Minh City (HCMC) will work with the Ministry of Agriculture and Rural Development to develop five zones in 13 provinces dedicated solely to agriculture, forestry, and fisheries at USD 107 million by 2025. The country’s agricultural sector has not evolved...
During the Paris Salon International de l’Agriculture (SIA) held in March 2022, the Vietnamese Ambassador to France emphasized the potential for long-term development and mutual benefits between Vietnam and France. Specifically, the Southeast Asian nation aims...
American aircraft company Gulfstream Aerospace just announced that it has appointed Vietnam-based luxury business aviation service company Sun Air as the authorized international sales representative for its business aircraft sales activities in the Southeast Asian...
The 2020 Law on Environmental Protection entered into effect in January 2022, institutionalizing new policies related to environmental protection. It gradually harmonizes Vietnam’s regulations with international laws. Importantly, for the first time, it defines...
