Battery-Powered Public Transport Vehicles Introduced in Hoi An

The city of Hoi An in Vietnam has introduced 30 battery-powered cars as part of the city authority’s efforts to go green. These cars are being used to carry local residents and tourists moving around in the city’s old quarter, providing an alternative to...

Central Group to Spend USD 30 Million on Vietnam Supermarket Business

Central Group, the Thai retail giant is directing efforts to expand its supermarket chain Big C in Vietnam. The Central Group has made plans to build new shopping malls and also renovating 13 out of 34 Big C’s supermart stores to larger and/or high-end retail...

Ho Chi Minh City Collaborates with UK for Smart Ticket System

On July 17, Ian Gibbons, Consul General of the UK in Ho Chi Minh City (HCMC) and Le Hoa Binh, director of the municipal Department of Construction for HCMC signed a Memorandum of Understanding for smart city development. As part of this agreement, the UK Consulate...

HPV Vaccination Program to be Rolled Out in Vietnam

On 24 July in Hanoi, the Ministry of Health, the United Nations Population Fund (UNFPA) and the US-based pharmaceutical company Merck Sharp & Dohme (MSD) signed an agreement for technical collaboration on the roll-out of (human papillomavirus) HPV vaccination...

Japanese Investment in Vietnam’s Infrastructure Surges

Since the launch of Japanese Partnership for Quality Infrastructure Initiative, total investment from Japan in Vietnam’s Infrastructure including completed and pending projects has reached USD 209 billion. These projects are all national scale Infrastructure projects...

More Electronics Firms Eye Vietnam for New Manufacturing Facilities

A subsidiary of the Foxconn Technology Group, the world’s largest electronics contract manufacturer, is studying the feasibility of building a TV screen assembly plant in the North of Vietnam. The first phase of this project will cost Foxconn USD 40 million, and is...

Vietnam’s Exports Rise by 7.2% Y-O-Y During 1H2019

According to the General Department of Customs of Vietnam, for the first six months of 2019 Vietnam has a trade surplus of USD 1.59 billion. Exports during this period increased by 7.2% y-o-y to USD 122.53 billion.  The increase in export value is attributable to the...

Vinpearl Air: New Player in Vietnam Aviation Market

Vinpearl Air JSC, whose former name is VinAsia Trade Development and Services JSC, has been granted a business license by the Hanoi Department of Planning and Investment, making it the latest entrant into Vietnam’s airline industry. The company was established...

Nielsen Reports Positive FMCG Sales Growth in Vietnam

According to a recent Nielsen study named “What’s Next for South-East Asia”, Southeast Asian convenience stores recorded an 8.3% FMCG sales growth last year, with Vietnam reaching the second largest growth in the region (13%), exceeded only by Malaysia (17%). Even...

Two New Solar Power Plants Operational in Tay Ninh Province

TTC Group and Gulf Energy Group (Thailand) inaugurated two solar power plants in Thanh Thanh Cong Industrial Zone in Trang Bang district, Tay Ninh province, Vietnam. Spread out over an area of 120 hectares, the two plants were built with an investment of VND 2.7...

USD 162 Million Port Complex Approved for Quang Ngai Province

Hoa Phat multipurpose port company has received approval from the Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks (IPs) Authority to construct a large port complex in the province of Quang Ngai in Vietnam. Costing more than USD 162 million, the project...