A recent report by the US News and World Report ranked Vietnam 8th out of 29 best countries to invest in. This is a remarkable improvement against the 23rd position in 2018, surpassing neighbors like Malaysia, Indonesia, and Singapore. As a testament to this, since...
Under a cooperation agreement between the authorities of Ho Chi Minh City (HCM City) and Incheon City, a conference on Medical tourism was held in October in HCM City to discuss opportunities for Medical tourism for companies from Vietnam and South Korea. South Korea...
Adding to the list of projects calling for investment in 2019, an automotive Manufacturing and assembly complex project has just been approved by The People’s Committee of Thua Thien Hue Province. It is estimated that more than VND 2.5 trillion (USD 107.3 million)...
Vietnam’s first-ever store of Japanese apparel retailer Uniqlo is scheduled to open in downtown Ho Chi Minh City (HCMC) by the end of 2019. The store, named Uniqlo Dong Khoi, will be located at the Parkson Saigon Tourist Plaza on the corner of Le Thanh Ton and Dong...
More than a year after the deal was inked between Vietnam Airlines Engineering Company (VAECO) and ST Engineering Aerospace, the firms officially introduced their newly incorporated joint venture company, Vietnam Singapore Technologies Engineering Aerospace (VSTEA)....
As a part of a broader cooperation between Denmark and Vietnam, the Vietnamese Electricity and Renewable Energy Authority is working with the Danish Energy Agency to map potential for offshore wind in Vietnam. A Vietnamese delegation is set to visit Denmark to learn...
Vietnam will be deploying its own earth observation satellite, the LOTUSat-1, in 2023. This will be Vietnam’s first satellite, using the latest sensor and radar technology for weather, natural resource monitoring, and disaster prevention and control. The Vietnam...
The government of Vietnam recently released its Vietnam Development Strategy draft for 2021-2030, which emphasizes the country’s need to transform into a modern market economy and embrace technological advances. The Vietnamese prime minister called on businesses to...
Vietnam’s largest telecom operator, Viettel, has installed and activated around 1,000 Narrow Band – Internet of Things (NB-IoT) broadcasting stations in Ho Chi Minh City, covering all 24 districts in the city. This makes the city the first one in Vietnam to be...
A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup Joint Stock Company (Vingroup), signed agreements for an investment in VCM Services and Trading Development Joint Stock Company (VCM), a subsidiary of Vingroup that engages primarily in consumer...
In late August 2019, the Ho Chi Minh City People’s Committee approved the construction of three new waste to Energy plants. Work is starting on the plants in September and October. The plants will use advanced technology to produce electricity from waste, and will...
Doctor Anywhere, a Singaporean telehealth Startup and Bao Minh Insurance, one of the largest insurance groups in Vietnam have signed a strategic cooperation agreement to provide online health care services to more than 7 million Bao Minh customers in Vietnam. The...
