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...

Vietnam Airlines to Build Aviation Logistics Center in Can Tho

Vietnam Airlines is planning to build an aviation logistics center in the southern city of Can Tho on 27 hectares of land. The center will be located next to Can Tho International Airport. Around USD 82.9 million will be invested in the project, which will be divided...

Vietnam Launches ICT Reference Framework for Smart Cities

The Vietnamese Ministry of Information and Communications launched version 1.0 of an ICT reference framework for the development of smart cities in June 2019. The reference framework is meant to aid provinces and cities to build pilot smart city projects as it...

Amended Law to Facilitate Taxation of E-Commerce Activities in Vietnam

An amended law for improving taxation on e-commerce activities in Vietnam passed on June 13 will come into effect on July 1, 2020. Successful implementation would require close co-operation between banks, ministries, businesses and organizations.  Under the amended...

Chinese Companies Relocate to Vietnam Opening up Labor Opportunities

The trade tensions between the US and China have prompted multinational companies to transfer their production facilities from China to Vietnam, resulting in a surge in labor demand. For this year’s first quarter, China was the largest greenfield investor in...

Dong Nai Province Calls for Investors for 12 Infrastructure Projects

The southern province of Dong Nai in Vietnam has advertised a list of 12 Infrastructure projects which require a more than a USD 1.2 billion investment in total. Six of the projects are in the transport sector, the largest being a 15km road in Nhon Trach District at a...

Pharmacity Vietnam Plans 1,000 Stores

Mekong Capital, a private equity firm in Vietnam has given funding to Pharmacity, making it the eight company to receive funding from its latest financing round. Last year, the firm invested in Vua Nem, a mattress producer. Pharmacity is a pharmacy chain with 186...