It has been recently reported that work on the first phase for the construction of the Soc Son Waste-to-Energy Plant is approaching completion. The plant is located next to the Nam Son Waste Treatment Complex in Hanoi, was approved by local authorities in late 2017,...
Rapid urbanization and economic development have placed enormous pressure on Ho Chi Minh City to meet people’s needs while minimizing negative environmental impacts. To address these issues, the city is set to conduct a study on the e-transportation development...
Over the past two years, the Covid-19 pandemic has spurred capital inflow into Vietnamese start-ups operating in the medical technology, medicine, and healthcare sectors. Doctor Anywhere has recently confirmed that it has raised USD 65.7 million in a funding round...
Vietnam has a huge potential to become a new destination for luxury brands in the near future. The country’s rising high-income consumers are the main attribute to the positive outlook of the market. Specifically, Vietnam’s GDP per capita has increased nearly three...
Vietnam´s National Institute of Information and Communications Strategy has assessed that 5G services will contribute 7.34% to the country’s GDP growth by 2025. In this context, the Vietnamese Government is pursuing the goal of becoming one of the world’s leading...
Vietnam’s economy bounced back in the fourth quarter (Q4) as manufacturing revived and exports extended their recovery from the pandemic slump earlier 2021. GDP rose 5.22% in Q4 compared to 2020, up from a revised -6.02% in Q3, according to the General...
The Vietnamese government plans to generate 75% of national power production capacity and 70% of actual production from renewables by 2045, following the 2021 United Nations Climate Change Conference (COP 26). Under COP 26, Vietnam will make a shift from fossil fuels...
Vietnam is the largest corn importer in Southeast Asia. Over the next ten years, Vietnam’s import demand for corn and grain by-products for animal feed is forecasted to triple. The import turnover of animal feed and raw materials reached nearly USD 4.14 billion...
Vietjet has signed a Memorandum of Understanding (MoU) with SR Technics, one of the world’s leading providers of Maintenance, Repair, and Overhaul (MRO) services, worth USD 150 million. The MoU will allow SR Technics to provide MRO services such as engine...
To diversify the retail business ecosystem in Vietnam, AEON Vietnam – the subsidiary in charge of the general retail business of AEON Group (Japan), continues to expand investment in small and medium-sized supermarket chains called AEON MaxValu. Each AEON...
In December 2021, the LEGO Group signed a Memorandum of Understanding with Vietnam Singapore Industrial Park Joint Venture Company Limited (VSIP) to build a new factory in Vietnam. The facility is planned to be the company’s first carbon-neutral factory and will...
The state-owned company Vietnam Electricity (EVN) and Power Project Management Board 1 have started the construction of a 220 kV transmission line between Nam Mo (Laos) and Tuong Duong district in the coastal province of Nghe An. The 74-kilometer line was built as a...
