New Airport Developments in Vietnam

New Airport Developments in Vietnam

As the world’s seventh fastest-growing aviation market, Vietnam has formulated a master plan for the development of its system of airports and aerodromes for the 2021-2030 period, with a vision toward 2050. It is expected that by 2050 Vietnam will have 30 airports: 15...
Quang Ninh Registering a Wave of Investment from Singapore

Quang Ninh Registering a Wave of Investment from Singapore

The Vietnamese province of Quang Ninh, a coastal province in northeastern Vietnam, attracted a record number of Singaporean companies to build factories and invest in its industrial zones. One of the most notable recent projects saw Quang Ninh’s Management Board...
Hapaco Plans to Build USD 174 Million Wind Power Plant in Gia Lai

Hapaco Plans to Build USD 174 Million Wind Power Plant in Gia Lai

The Hapaco Group JSC, a Vietnamese paper manufacturer, recently announced plans to invest VND 4 trillion (USD 174.1 million) in a wind power project in Gia Lai, located in the Central Highlands province of Vietnam. The Gia Lai province is particularly well-positioned...
EU Cooperates with Vietnam in Plastic Waste Management

EU Cooperates with Vietnam in Plastic Waste Management

The European Union is partnering with the Vietnamese Ministry of Natural Resources and Environment (MoNRE) and other stakeholders in improving plastic waste management in Vietnam. Vietnam has introduced the Extended Producer Responsibility (EPR) in the revised Law on...
Visa Partners with Moneygram to Launch P2P Payment to Vietnam

Visa Partners with Moneygram to Launch P2P Payment to Vietnam

MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, and Visa, the world’s leader in digital payments, have launched a real-time peer-to-peer (P2P) payment solution to Vietnam. P2P Payment enables customers to transfer...
New Metro Project Approved for Hanoi

New Metro Project Approved for Hanoi

Vietnam’s Ministry of Transport has approved Hanoi’s proposal to construct the city’s 5th Metro Line and has submitted an application to the Ministry of Investment and Planning for a pre-feasibility study. This new line will run a total length of 417...
Apple to Shift More Production to Vietnam

Apple to Shift More Production to Vietnam

Despite the hope that US-China tensions will ease under President Joe Biden, Apple has not slowed down its supply chain diversification process out of China. According to sources of Nikkei Asia Review, the giant tech company is mobilizing suppliers to expand the...
Japan’s Healthcare Firms Expand Footprint in Vietnam

Japan’s Healthcare Firms Expand Footprint in Vietnam

According to the Japan External Trade Organization (JETRO), Japanese companies operating in the healthcare sector are increasing their presence in Vietnam through both manufacturing, sales and financial investment activities. Some notable examples mentioned in a...
Vinamilk’s Dairy Exports to China Take Off

Vinamilk’s Dairy Exports to China Take Off

Vietnamese dairy giant Vinamilk successfully exported ten containers of high-quality plant-based milk during the opening weeks of 2021, including almond and red bean soymilk, which can already be found on the shelves of convenience stores in the Chinese market. It has...
CP Vietnam Inaugurates South East Asia’s Largest Poultry Complex

CP Vietnam Inaugurates South East Asia’s Largest Poultry Complex

CPV Food Co. Ltd., a member of CP Vietnam Livestock Joint Stock Company, recently held the inauguration ceremony of CPV Poultry Complex in Binh Phuoc Province. This is the largest chicken farming complex in South East Asia to date, expected to generate USD 100 million...
Roche and Bayer Countering Non Communicable Diseases in Vietnam

Roche and Bayer Countering Non Communicable Diseases in Vietnam

The Vietnam Medical Association (VMA) and biotech company Roche Vietnam recently signed a strategic partnership aiming to increase the rate of early breast cancer detection using advanced therapies in the 2020-2025 period. This is the first specialized project for...
Aeon to Set Up 20 Mega Supermarkets in Vietnam by 2025

Aeon to Set Up 20 Mega Supermarkets in Vietnam by 2025

Japanese retail group AEON is set to invest USD 2 billion in Vietnam. Iwamura Yasutsugu, Aeon Mall Vietnam Director General, told local media that the company plans to use the funds to open up to 20 mega supermarkets in the country by 2021. Currently, besides the mega...