In February 2019, the US Department of Transportation’s Federal Aviation Administration (FAA) granted a Category 1 safety rating to Vietnam, based on an assessment of the safety oversight provided by the Civil Aviation Authority of Vietnam (CAAV). The CAAV started...
Recruitment demand in Vietnam is set to increase as company relocations from China to Vietnam rise. This particularly concerns demand for senior positions in real estate and consumer electronics according to a new report by Navigos Group, the recruitment company...
The Ho Chi Minh city authorities are starting to celebrate initial successes after one year of implementation of the smart city project. The project aims to address problems like flooding, traffic congestion, pollution and unsustainable growth, as well as improving...
According to a report in Vietnam News, the government of Ho Chi Minh City has taken multiple steps to improve Environmental conditions this year under their Environment plan for the 2018-2020 period. The plan has 10 goals and has seen the city take action on...
Elise Fashion Limited, one of Vietnam’s top fashion brands for women and its affiliate brands were acquired by Advantage partners, a Japanese investment firm and its affiliate companies (AP Funds). This marks the first acquisition of a company in Vietnam by AP Funds....
The People’s committee in Quang Ninh, a northern province in Vietnam, plans to construct an underseas tunnel to ease traffic congestion, increase connectivity and improve road safety. If approved, the tunnel would connect the Vuon Dao T-Junction of Bai Chay Ward and...
Two companies have obtained approval from the provincial government to develop wind power projects in Quang Tri Province in Vietnam. Huong Phung Wind Power Company Limited will develop Huong Phung 3 Wind Power Plant in Huong Phung Commune, Huong Hua District, with a...
Ho Chi Minh City’s department of Transportation has annouced its plan to start the construction of around 70 projects this year, including 45 projects for upgrading and expansion of roads, and 23 new bridges. Some of the notable projects are 59km section of the...
The leading health and beauty retail brand in Asia and Eastern Europe, Watsons has launched its first flagship store in Vietnam on Jan 17, 2019. The store is strategically placed in the lower level of Bitexco financial tower in District 1, HCM City, offering 6,000...
Trung Nam Tra Vinh Solar Power JSC has recently initiated construction of solar power plants, valued at VND 3.55 trillion (more than USD 150 million), in Duyen Hai Township, in Tra Vinh, a Mekong Delta province. The 171 ha plant expected to become operational in the...
The Japanese group, Marubeni, has started the construction of paperboard mill plant in the North of Ba Ria Vung Tau Province in January, 2019. The project which is worth VND 4.81 trillion (USD 206 million) comprises a total area of 15ha in Phu My 3 Industrial Zone...
On January 14, 2019, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially came into effect in Vietnam. The country’s National Assembly passed a resolution approving the deal and related documents on November 12, 2018. The...