South Korean conglomerates are actively expanding their presence in a diverse array of green and high-tech ventures in Vietnam. Hyosung Group, a major South Korean industrial conglomerate, has revealed intentions to invest $720 million in a biotech fiber manufacturing plant…
Celebrating its 10th anniversary on December 23, VSIP Quang Ngai is set to grant investment registration certificates to four new projects within the industrial park, totaling an investment of approximately $70 million. According to Tran Phuoc Hien, Vice Chairman of…
The Ministry of Health is proposing new measures to strengthen the oversight of online cosmetics sales, aiming to curb the proliferation of counterfeits and products with uncertain origins. The ministry recommends that the Ministry of Industry and Trade formulate additional…
The Ministry of Industry and Trade announced on Wednesday that Vietnam is poised to achieve a trade surplus of $30 billion this year, marking a threefold increase from the previous year. According to a ministry report, exports in 2023 are…
Jeju Air, South Korea’s largest low-cost carrier, successfully landed a flight from Seoul in Da Lat at 3:00 a.m. on Thursday, marking the commencement of a direct route between the two cities. Addressing the opening ceremony that celebrated the launch…
Numerous manufacturers of electronic components and telecommunications equipment are facing fines for violating construction and environmental regulations. In the previous month, it came to light that Fushan Technology Vietnam Co., Ltd., a subsidiary of Foxconn, is required to pay a…
Vietnam is poised to implement a 6% minimum wage hike in the business sector starting July 2024, following an agreement reached during a Wednesday meeting between labor and business representatives. The Vietnam General Confederation of Labor proposed a wage increase…
Latest data reveals that Ho Chi Minh City holds the top spot in Southeast Asia for the property price-to-income ratio, indicating that its apartments are the least affordable in the region. Among the nine cities surveyed in the region, HCMC…
On December 20, the Ha Nam province People’s Committee officially granted an investment registration certificate to PepsiCo Vietnam Foods Company Limited for their upcoming food production venture in Dong Van I industrial park, located in Duy Tien commune. Encompassing an…
Unlocking Opportunities: Energy Startups in the Asia-Pacific Region, Including Vietnam, Eligible for Cash Grants in Pioneering SolarX Challenge. The International Solar Alliance (ISA) has introduced the SolarX Startup Challenge for the Asia-Pacific region during COP28, signaling its commitment to nurturing…