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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Japan’s second-largest fast food franchise, MOS Burger, will open its first store in Ho Chi Minh City later in 2021. The company plans to set up a joint venture in the country within this year and open 10 outlets in the next three years. The burger brand is already...
On 6 January 2021, Vietnamese Prime Minister Nguyen Xuan Phuc presided over Long Thanh International Airport’s groundbreaking ceremony. Located about an hour and a half from Ho Chi Minh City, the new airport is crucial in improving Ho Chi Minh City’s...
