Vietnam-based Tecco Group has signed an agreement with PHILUX Global Funds, to launch PHILUX Infrastructure Fund, the first-ever Luxembourg-based infrastructure fund for Vietnam. PHILUX Global Funds Sis a Luxembourg-based bank with various investment sectors including...
Copenhagen Infrastructure Partners (CIP), together with Asiapetro and Novasia Energy, has signed a memorandum of understanding (MoU) with Binh Thuan People’s Committee to develop the 3.5GW La Gan offshore wind project in the province, which will be one of the first...
The representatives of the New Zealand Embassy to Vietnam, the Ministry of Agriculture and Rural Development (MARD) of Vietnam and the Ministry of Finance (MoF) of Vietnam signed an agreement to establish an electronic certificate (e-Cert) for food and...
Vietnam’s leading nutrition group NutiFood is collaborating with American nutrition group DuPont to research on probiotic and litesse for a FDI (Foundation of Digestion & Immunity) formula. DuPont, an American nutrition and bioscience group with more than...
The Quang Tri Domestic Airport will be constructed under a public-private partnership (PPP) model with total investment capital of USD 348.26 million, which will be mobilized from the state budget and private enterprises. The airport will include a 10,000 m2 terminal...
The Ministry of Construction has announced a national action plan on green growth covering the 2020-2030 period and focusing on reducing greenhouse gas (GHG) emissions in construction materials production, construction works, urban areas and technical infrastructure...
The Vietnamese government decided to cut registration fees for locally manufactured and assembled cars by 50% until the end of this year acting on a proposal by the Ministry of Industry and Trade. The cut was proposed in order to support local businesses which were...
HSBC Vietnam is extending a loan of USD 60 million to Duy Tan Plastics Corporation (Duy Tan), which will help the company develop the first stage of its plastics recycling factory, according to an agreement signed between the two in Ho Chi Minh City. The green loan...
Pharmaceutical giant AstraZeneca, through its Vietnam subsidiary, signed an agreement with the National Phytopharma Joint-Stock Company No 2 (Phytopharma) allowing the latter to distribute AstraZeneca pharmaceutical products in Vietnam. This is expected to provide...
Thai retail conglomerate, Central Group plans to expand its presence in Vietnam through its Central Retail subsidiary, aiming to cover around 90% of Vietnam’s provinces in the next five years. Central Retail at the moment operates 35 malls and around 230...
Major global tech companies, including LG, Panasonic, Samsung or Foxconn, are looking to shift or expand production in Vietnam in the post-Covid-19 pandemic period, according to the Vietnamese Ministry of Industry and Trade (MoIT). Recently LG moved its entire...
The Europe-Vietnam Free Trade Agreement (EVFTA) will generate new opportunities for Vietnam and the logistics service industry is preparing infrastructure and techniques to take advantage of this. The agreement will also help Vietnam receive foreign direct investment...
