In September 2024, Vietnamese and U.S. companies signed several memorandums of understanding (MoUs) to collaborate on energy, artificial intelligence (AI), and data center projects. These MoUs were finalized during a business forum in the U.S. Among the agreements,...
Organon, a US-based healthcare company focused on advancing women’s health and community well-being, has recently announced the launch of its Foreign Investment Enterprise (FIE) in Vietnam. This strategic development represents a major step in the...
Google is contemplating the construction of a substantial data center in Vietnam, potentially marking the first major investment by a prominent U.S. tech firm in the Southeast Asian country. The proposed “hyperscale” data center would be located near Ho...
US-based liquefied natural gas (LNG) importer Excelerate Energy has signed a term sheet with ITECO Joint Stock Company, a private Vietnamese development firm, to jointly develop a new LNG import terminal in Haiphong, Vietnam. The Northern Vietnam LNG Terminal (NVLT),...
South Korean semiconductor company Signetics is set to operationalize its USD 100-million factory in Vinh Phuc province by October 2025. The new facility, which will supply products to major South Korean conglomerates Samsung and SK, is being developed in partnership...
Australian company G&M Cosmetics has made its debut in Vietnam, with its products now available in more than 500 retail outlets across the country. The company is introducing its Australian Creams MKII Gold Series, featuring ingredients such as goat’s milk, manuka...
In August 2024, the Managing Director for South East Asia of France’s SUEZ Group met with Vice Chairman of the Can Tho municipal People’s Committee to explore potential collaborations on projects involving water supply, wastewater treatment, and waste management. The...
In August 2024, the Petrovietnam Technical Services Corporation (PTSC) and its Singaporean partner, Sembcorp Utilities Pte Ltd, held a ceremony to officially transfer contract packages related to wind and hydrological measurements and geological surveys. These...
Vietnam and the United Arab Emirates (UAE) are actively pursuing negotiations for a Comprehensive Economic Partnership Agreement (CEPA) to enhance trade and investment ties. In July 2024, officials from Vietnam’s Ministry of Industry and Trade (MoIT) met with...
US-based Universal Alloy Corporation (UAC), a leading manufacturer of composite components for the aerospace industry, is advancing with phase two of its investment in its Vietnam factory to increase production capacity. The project, located in Danang Hi-tech Park on...
The Australian Government’s Aus4Innovation program has granted AUD 1.45 million (nearly USD 1 million) to boost collaboration between Australian universities and Vietnam’s innovation ecosystem, aiming to support sustainable agriculture in Vietnam. Managed by...
Denzai K.K., a specialist in cranes and transportation, will provide cranes for the construction of Long Thanh International Airport, which is being developed on the outskirts of Ho Chi Minh City, Vietnam. The airport project is managed by a consortium of ten...
