Can Tho, the most populous city in the Mekong Delta, has made progress in its plans to become the first smart city in the southwestern region by 2025. Two years ago, the authority of Can Tho signed a cooperation agreement with Vietnam Posts and Communications Group...
The second outbreak of COVID-19 in March caused the government to impose stricter measures to control the movement of the virus, severely affecting all of Vietnam’s major trading and investment partners. As a result in the 1st quarter of 2020, Vietnam’s GDP has been...
The Vietnamese Ministry of Science and Technology’s Military Medical Academy has developed a robot called Vibot Version 1a (Vibot-1a) that can reduce the risk of exposure for healthcare workers treating COVID-19 patients. On 7 April 2020 a team of experts from the...
Ba Ria – Vung Tau plans to build a new airport on Go Gang Island, relocating the current one in downtown Vung Tau, to boost local tourism. The island is located about 90 km from Ho Chi Minh City and is an upcoming tourist destination. The new airport is being...
South Korea and Vietnam are looking to enhance supply chain cooperation, potentially making Vietnam a key link in the supply chains of South Korean businesses, especially in the automobile, electronics and garment and textile sectors. On 13 April 2020, South Korean...
The government of Vietnam has approved feed-in-tariff mechanism for solar energy. The previous mechanism expired on 30 June, 2019. The new scheme will be applied for 20 years starting from May 2020. Under the new tariff scheme, tariffs for rooftop solar, floating...
Sunshine Aerospace Components Factory in Da Nang, a new manufacturing facility for US firm Universal Alloy Corporation (UAC), started operations on 31 March 2020. UAC is one of the world’s leading producers of hard alloy extrusions, supplying aerospace companies such...
The Vietnam Rubber Industry Group (VRG), in which the government of Vietnam holds a controlling stake, has announced an investment into three new processing factories in the northern region of Vietnam to meet an expected increase in rubber demand. One of VRG’s...
SkyX Solar, a subsidiary of Vietnamese asset management company Vina Capital Group, has entered into a joint-venture (JV) agreement with SAIGONTEL to develop rooftop solar projects for industrial facilities in Vietnam. SkyX Solar will own a majority stake in this...
In early March 2020, it was reported that the launch of Google’s latest smartphone, the Pixel 4a, may be delayed as production might not be able to reach sustainable levels in China in the near future. Therefore, Google is considering shifting Manufacturing to...
With the EU-Vietnam Free Trade Agreement (EVFTA) expected to come into effect in July 2020, German healthcare multinationals and SMEs operating in Medical technology, pharmaceuticals, and biotechnology are expressing a growing interest in the Vietnamese healthcare...
A Memorandum of Understanding (MoU) to build public private in plastic waste management collaboration towards a circular economy was signed in Hanoi on 19 February 2020. This agreement was signed between the Ministry of Natural Resources and Environment, Dow Chemical...
