Vietnam’s northern port city of Hai Phong is in the final stages of preparing for the launch of a next-generation free trade area, which will serve as the central feature of its newly approved southern coastal economic zone. This modern trade area will span over 1,000...
Vietnam is set to boost its artillery capabilities through a USD 276 million agreement with South Korea for 20 K9 Thunder self-propelled howitzers. This marks a key milestone, as it is Vietnam’s first-ever procurement of South Korean defense equipment. The K9 Thunder,...
A USD 4.6 million project called AquaSoS is launching to improve sustainable fish farming in Vietnam’s Mekong Delta. Led by University of Stirling, the initiative is part of a broader UK government effort to support aquaculture in Southeast Asia. Funded by UK Research...
Terumo Vietnam Medical Equipment Co., Ltd. and Daiichi Sankyo Vietnam Co., Ltd. have signed a Memorandum of Understanding (MoU) to strengthen cardiology expertise in Vietnam. This initiative aims to equip cardiologists with advanced knowledge and techniques in...
Vietnam’s budget airline Vietjet is taking a bold step into AI-driven operational efficiency by signing a strategic partnership with OpenAirlines, a France-based firm specializing in AI-powered aviation solutions. This collaboration will make Vietjet the first airline...
Cai Mep International Terminal (CMIT), located in Ba Ria-Vung Tau province, officially received its first vessel from the WC1/TP6 service under the Gemini Cooperation. This partnership, formed by global shipping leaders Hapag-Lloyd from Germany and Denmark-based...
Autoliv, Inc., a global manufacturer of automotive safety systems, is set to commence operations at its newly built airbag cushion manufacturing plant in Quang Ninh province, Vietnam. The announcement was made by a company representative during a meeting with Quang...
The British Consulate General in Ho Chi Minh City is ramping up efforts to support more British retail brands—especially small and mid-sized businesses—in entering Vietnam’s growing market. Speaking at a business briefing attended by 50 importers, distributors, and...
Sweden’s Syre Group has unveiled plans to invest between USD 700 million and USD 1 billion in a high-tech polyester fiber recycling facility in Binh Dinh province, central Vietnam. The proposed plant is designed to process approximately 250,000 metric tons of textile...
Vietnam is accelerating its nuclear energy ambitions to complete the construction of two nuclear power plants in Ninh Thuan province by 2030. The Ninh Thuan nuclear power project consists of two plants, each housing two reactors. Electricity of Vietnam (EVN) has been...
Vietnam and New Zealand have elevated their bilateral ties by signing a Comprehensive Strategic Partnership agreement, marking a significant step in strengthening economic cooperation and regional engagement. Prime Minister Christopher Luxon and his Vietnamese...
Vietnam has taken a major step in advancing its telecommunications infrastructure by approving a pilot program that allows foreign investors to participate in Low Earth Orbit (LEO) satellite services without restrictions on ownership or capital contributions. The...