In September 2021, Vietnam’s deputy prime minister signed a decision approving the development plan of a seaport system in 2021-2030, with a long-term goal of 2050. Under the master plan, Vietnam’s marine infrastructure will be expanded in terms of capacity and...
In September 2021, Universal Scientific Industrial Co., Ltd. (USI) announced that it had completed the first phase for the construction of its new manufacturing base in Vietnam. The company is a member of ASE Technology Holding, a Taiwan-based world-leading provider...
Masan MEATLife Corporation (MML), one of Vietnam’s largest consumer-focused business groups, and De Heus Vietnam, one of the global leaders in the animal nutrition and husbandry industry, have signed a Memorandum of Understanding (MoU) which aims to raise the...
The “Promoting organic food certification & trade between Australia and Vietnam” project was launched in September 2021, supported by the Australian Government. The project will be carried out from September 2021 to May 2022, with an aim to expand the production...
Bamboo Airways has signed an agreement to purchase GEnx engines for its Boeing 787-9 aircraft order of 10 firm and 20 options valued at close to USD 2 billion list price with GE Aviation (an operating unit of General Electric Company) of the US. The GE agreement is...
Several foreign firms, including the Swedish-Swiss multinational food packaging and processing company Tetra Pak, have recently announced new investment into Vietnam, despite recent Covid-19 outbreaks in the country. Foreign players like Nestle and Samsung evaluate...
It has recently been announced that Vietnam plans to begin importing LNG in 2022. Importantly, the government considers LNG to be one of the most efficient solutions to reduce carbon emissions and ensure the country’s energy security. According to...
According to a recent study conducted as part of a collaboration between the Australian National University, the Norwegian Institute of International Affairs, and the ASEAN Centre for Energy and the National Economics University of Vietnam, the increase solar and wind...
In September 2021, it was announced that Vietnam’s E-pharmacy startup Medigo secured a USD 1 million investment from venture capital firm Touchstone Partners, an early-stage Vietnamese venture capital firm that launched its inaugural USD 50 million fund earlier...
GRAFT Challenge Vietnam has been recently launched in order to assist promising AgriTech innovators from around the world in expanding into Vietnam. The program is sponsored by Aus4Innovation under Australia’s Department for Foreign Affairs & Trade and is run in...
Boeing has opened its first office in Hanoi, along with another in Jakarta, in Indonesia. In parallel, Boeing announced the appointment of a new president of the company’s Southeast Asia business, demonstrating its sustained commitment to the region. The presence in...
Several countries are reopening their economies after the success of vaccination programs. As a result, it is predicted that the demand for textiles, footwear, furniture, and electronic devices produced in Vietnam will increase. According to the latest data released...
