Amazon, the global e-retail giant, envisions Vietnam as an emerging link in its worldwide e-commerce supply chain, recognizing the country’s increasing prominence as a major manufacturing hub regionally and globally, according to Eric B., Vice President of Worldwide Amazon Global…
The inaugural Arabic-Vietnamese dictionary was introduced during an event celebrating World Arabic Language Day (Dec. 18), organized by the Saudi Arabian Embassy in Vietnam in Hanoi on Sunday. Counselor Hamoud Naif S. Almutairi, representing the embassy at the event, emphasized…
December is witnessing the redemption of approximately VND20.2 trillion (US$841.6 million) worth of corporate bonds, and the upcoming year anticipates the maturity of bonds worth hundreds of trillions. According to a recent report from VNDirect Securities Corporation, there is a…
The approved Vietnamese National Electricity Development Plan 8 outlines ambitious targets for the country’s renewable energy sector. By 2030, the goal is to achieve a natural gas production of 30,420 MW, with 75% sourced from LNG. The potential capacity for…
Amidst global economic uncertainties, Vietnam remains a beacon of promising growth, earning praise from Prime Minister Pham Minh Chinh as a secure haven for foreign investors. The Vietnamese Ministry of Foreign Affairs underscores that while the global economy exhibits positive…
Before 2030, the Ministry of Transport aims to finalize the pre-feasibility study report for the North-South high-speed railway project and initiate the construction of two priority sections. The leaders of the Ministry of Transport have indicated that the project’s pre-feasibility…
Truong My Lan, the chairwoman of Van Thinh Phat, withdrew an astounding VND1 quadrillion (US$44 billion) from SCB over a span of ten years, employing various tactics to obscure the illicit movement of funds, as outlined by prosecutors. From 2012…
SBI Holdings, a Japanese financial services firm, is actively considering Vietnam as an appealing investment destination for semiconductor manufacturing. SBI, a significant player in the Japanese business landscape with interests spanning new technologies like semiconductors, services, and biotechnology, is exploring…
On Saturday, Vietnam and Japan formalized their fourth loan agreement for Ho Chi Minh City’s metro line No.1 project, amounting to over JPY41 billion (US$288.48 million). The signing ceremony took place in Tokyo, with Vietnamese Prime Minister Pham Minh Chinh…
Despite current challenges with declining orders and revenues, several factories are proactively raising wages for their employees next year in anticipation of a future recovery in demand. This strategic approach is designed to retain skilled workers during these economically challenging…