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...
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...
Vingroup JSC, one of Vietnam’s largest real estate, tech and retail conglomerates has started construction on its Hanoi based smartphone factory. The VinSmart factory will be located in Hoa Lac Hi-Tech Park and completed in two phases. The first phase will be...
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...
The Medical Services Administration (MSA) under the health ministry of Vietnam and the French pharmaceutical company Servier Vietnam signed an agreement on 18 June to initiate a 2 year project for improving blood pressure monitoring and diabetes control. Diabetes is a...
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...
On 15 May 2019, CSIRO’s Data61, the data and digital specialist arm of Australia’s national science agency, CSIRO (Commonwealth Scientific and Industrial Research Organization) and Vietnam’s Ministry of Science and Technology launched Vietnam’s...
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...
The joint venture between Spanish company, ACCIONA Agua and French firm, VINCI Construction Grands Projets has won a contract for the design-build portion of the Nhieu Loc-Thi Nghe wastewater treatment plant – phase 1, in Ho Chi Minh City. The wastewater...
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...
Vietnam Airlines, a state-owned enterprise, plans to expand its fleet by acquiring 50 to 75 new narrow-body aircrafts, and 10 backup engines in 2021-2025. There are several models being considered including the Airbus A320 and the Boeing 737 MAX family. Large orders...
US companies are guaranteed to have the most favorable conditions to invest and do business in Vietnam, said Deputy Prime Minister Trinh Dinh Dung at the 2019 US – Vietnam Business Summit. This was co-organized by the Vietnam Chamber of Commerce and Industry (VCCI),...
