Despite Vietnam’s spectacular economic growth, the country’s transportation infrastructure is still considered to be behind many other developing nations. The Vietnamese government is responded to this need by creating a nationwide connectivity project, the...
Following the EU-Vietnam Free Trade Agreement (EVFTA) and the recovery from the Covid-19 pandemic, Vietnam now eyes opportunities to boost its apparel and textile exports. Crucially, the recently-signed EVFTA is expected to reduce more than 70% of tariffs on Vietnam’s...
GE Renewable Energy has signed a cooperation agreement with Vietnam Electricity Construction Corporation (VNECO) to develop the second wind power project in Binh Thuan Province. The partnership also includes an agreement on turbine operation and maintenance for ten...
On behalf of the Green Climate Fund (GCF), the World Bank has signed a grant worth USD 11.3 million issued to the State Bank of Vietnam (SBV) to to support energy efficiency investments in Vietnam. A USD 75 million guarantee is also included in the GCF’s overall...
The Trung Nam Group, a professional organization investing in energy, infrastructure, and real estate, has begun work on five factories worth USD 65.2 million at the Da Nang Information Technology and Communication (ICT) Park to host companies relocating to Vietnam....
The Quang Nam province has developed a Private-Public-Partnership (PPP) model for attracting private sector investment in two key projects: the Chu Lai port and the Shu Lai airport. The Chu Lai port is part of the Chu Lai Open Economic Zone, which registers 158...
VinFast Trading and Production LLC, a subsidiary of Vietnamese conglomerate Vingroup, has recently released two important announcements related to the company’s electric car business. In early March 2021, VinFast announced that it signed an agreement with...
Hospitals and medtech businesses are expected to benefit from the advancement of the legal framework on telehealth in Vietnam. Importantly, in March 2021 the Deputy Minister of Health revealed that additional regulations on telehealth will be included in the upcoming...
The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion in 2021. The market is expected to grow annually by 7.17% over the 2021-2025 period. Italian...
Vietnam’s agricultural products are benefiting from the country’s increasing integration into global value chains. However, industry experts highlight how the sector has yet to develop modern production methods due to its small scale and lack of technology...
M3 Communication Co., Ltd, a member of the military-run telecom conglomerate Viettel, has officially become the first Vietnamese enterprise to participate in the global supply chain of the aerospace industry. As announced by Viettel, M3 Communication will provide...
Vietnamese exports of agrifood products are expected to play an increasingly important role in the country’s trade flows as a consequence of a series of recent developments: The recently-signed EU-Vietnam and UK-Vietnam FTAs have created favorable conditions for...
