Get ready for an exciting weekend experience as a night street entertainment zone is set to debut in Thao Dien, the expat hub of Ho Chi Minh City. The launch is scheduled for this Friday, as the city endeavors to…
Prime Minister Pham Minh Chinh urges global investors to explore Vietnam’s AI, automotive, and semiconductor sectors, emphasizing the government’s commitment to providing support. Speaking at a meeting with executives from Google, Mitsubishi Heavy Industries, Qualcomm, and Siemens in Davos, Switzerland,…
Approved by the World Bank Board of Directors on January 12, the Binh Duong Water Environment Improvement Project is set to address water quality and wastewater treatment for over 500,000 residents in southern Vietnam. Carolyn Turk, the World Bank’s country…
On January 16, the European Chamber of Commerce in Vietnam (EuroCham Vietnam) unveiled its 15th annual Whitebook, offering European perspectives on Vietnam’s business policies. This latest Whitebook presents a comprehensive set of recommendations focused on advancing Vietnam’s investment in a…
European companies are showing optimism in Vietnam’s recovery, fueling further expansions. In the early weeks of 2024, several European businesses have announced their plans for continued growth in Vietnam. The LEGO Group revealed its $1.3 billion factory in the southern…
Despite abundant opportunities in renewable energy, Vietnam must address legal obstacles to facilitate the advancement of solar, wind power, and liquefied natural gas projects. Numerous wind power initiatives are aiming to sell electricity by the end of 2025 to benefit…
The four largest commercial banks in Vietnam, namely Vietcombank, BIDV (Bank for Investment and Development of Vietnam), AGRIBANK, and VietinBank (referred to as the Big 4), collectively represented 41.9% of the country’s total outstanding loans and approximately 50% of the…
Indonesian President Joko Widodo paid a visit to VinFast’s electric vehicle (EV) manufacturing complex in northern Hai Phong City on Saturday, expressing admiration for the impressive business scale and quality of VinFast’s EVs. This visit to the VinFast facility was…
Viettel Group, the telecommunications giant, announced a revenue of VND172.5 trillion (US$7.04 billion) for 2023, reflecting a 5.4% increase compared to the previous year. Although the state-owned company has not disclosed its profit figures for the year, it achieved pre-tax…
On January 10, LS Eco Energy from South Korea announced the signing of a purchase agreement for rare earth oxides with the Vietnamese mining company, Hung Thinh Minerals. According to the agreement, LS Eco Energy will supply neodymium, dysprosium, and…