Companies Relocating from China Boosting Jobs in Vietnam, Report Says

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...

Ho Chi Minh City Makes Progress on Smart City Plans

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...

Ho Chi Minh City Safeguards the Environment

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...

Japanese Investment Firm Acquires Vietnamese Fashion Brand

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....

Plans for Undersea Tunnel to Ease Traffic Issues in Ha Long City

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 New Wind Power Projects Approved in Vietnam’s Quang Tri Province

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...

70 Transportation Projects to Start in HCMC in 2019

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...

Beauty and Healthcare Giant Watsons Enters Vietnam

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...

Construction Initiated on USD 150 Million Solar Plant in Tra Vinh

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...

Construction on Marubeni Paperboard Mill Kicked Off

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...

CPTPP Takes Effect in Vietnam in January 2019

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...