Foreign investors are accelerating significant investments in Vietnam’s industrial and technology infrastructure, signaling strong confidence in the country’s investment climate. In late April, Vietnam’s Thanh Hoa province approved in principle a USD 115.8 million...
Vietnam recently commenced construction on its first chip factory entirely developed and operated with Vietnamese-owned technology, marking a significant breakthrough in the country’s semiconductor ambitions. The CT Semiconductor plant, part of CT Group’s High-Tech...
Japan’s largest retail group, AEON, has ambitious plans to dramatically increase its presence in Vietnam, aiming to grow from 12 general merchandise stores (GMS) to approximately 100 GMS and super-supermarkets (SSM) by 2030, a more than eightfold increase. These...
Vietnam has emerged as a leading force in global food production, achieving self-sufficiency and becoming a major exporter, according to Máximo Torero, Chief Economist of the Food and Agriculture Organization (FAO). Speaking during the P4G Summit in Hanoi, Torero...
Facing a potential 46% U.S. tariff on its exports, Vietnam has announced plans to boost imports of American defense and security products in an effort to address its substantial trade surplus with the United States, which exceeded USD 123 billion in 2024. Prime...
Vietnam attracted nearly USD 11 billion in foreign investment in the first quarter of 2025, marking a 35% increase year-on-year, according to the Ministry of Planning and Investment. The rise highlights sustained investor confidence in the country’s economic prospects...
SUEZ has entered into a strategic joint venture with Sonadezi, a state-owned Vietnamese industrial park developer, to provide integrated environmental solutions at Chau Duc Industrial Park – the largest of its kind in southern Vietnam. This collaboration marks...
Vietnam’s pharmaceutical industry is experiencing robust growth, with its market size projected to reach $10 billion by 2026, up from USD 2.7 billion in 2015 and USD 7 billion in 2025. This expansion is driven by favorable policies, increasing healthcare demand,...
French technology company IDEMIA Secure Transactions (IST) has entered into a strategic partnership with Vietnam’s National Payment Corporation (NAPAS) to enhance the country’s digital payment infrastructure. This collaboration aims to meet the growing...
Vietnam has inaugurated its first privately developed smart international container terminal, the Hateco Hai Phong International Container Terminal (HHIT), marking a significant advancement in the country’s logistics infrastructure. Located in the Lach Huyen...
Brazilian meat processing giant JBS S.A. has announced a USD 100 million investment to establish two meat processing facilities in Vietnam, marking a significant expansion of its operations in Southeast Asia. The move is part of JBS’s strategy to strengthen its...
Vietnam has announced an ambitious plan to increase its total installed power generation capacity to between 183 and 236 gigawatts by 2030, up from over 80 GW at the end of 2023. This initiative, detailed in the revised National Power Development Plan (PDP8), aims to...
