A visiting senior U.S. official revealed that fifteen semiconductor companies are expressing interest in investing a substantial $8 billion in Vietnam. However, this potential investment is contingent on the country’s commitment to embracing renewable energy practices. Jose Fernandez, the undersecretary…
Ho Chi Minh City is inviting investments in 28 projects valued at approximately VND160 trillion (over $6.7 billion) with a focus on green growth objectives. These projects were presented at a conference held on January 24 at Lotte Hotel. The…
In the realm of Southeast Asian nations, 56.7% of Japanese companies are eyeing Vietnam for future business expansion within the next 1-2 years, placing it just behind Laos in terms of regional growth interest. Vietnam, which had previously held the…
In 2023, Ho Chi Minh City achieved a significant milestone as total investments in industrial parks and export processing zones surpassed $1 billion for the first time in a single year, according to a local official. The exact amount reached…
Vietnam and the European Union (EU) are intensifying their investment and trade connections, driven by a bilateral free trade agreement. The EU has committed to supporting Vietnam in the implementation of this agreement. Bernd Lange, the Chairman of the European…
Ho Chi Minh City (HCMC) boasts approximately 400 parks and a green landscape featuring over 235,000 trees. The cumulative park area in the city’s central districts surpasses that of its suburban counterparts. Despite city plans designating over 11,400 hectares for…
Despite recent legal enhancements and substantial potential, the transformation of Vietnam into a prominent destination for transport investment may require some time. Private investors have expressed satisfaction with the progress made on issues related to financial mechanisms for public-private partnership…
South Korean Aerospace Parts Supplier, KP Aero Industries Co., Ltd., announced on Wednesday its intention to invest $20 million in a new factory in Vietnam for assembling components destined for Boeing aircraft. This strategic move aims to further enhance Boeing’s…
Vietnam is poised to maintain its economic outperformance compared to regional counterparts in 2024, fueled by significant inward investment into its manufacturing and export sectors. The country’s economic openness and robust fundamentals contribute to this positive outlook. These insights were…
Vietnam’s fruit and vegetable exports have experienced an impressive 89.2% increase this year, reaching $459 million, primarily fueled by heightened demand from China, as reported by the Vietnam Fruit and Vegetable Association. China’s substantial imports include durian, bananas, and dragon…