This week, Vietnam welcomes a significant U.S. business delegation, which includes Meta, Boeing, and wind energy firm GE Vernova, indicating sustained corporate interest in the Southeast Asian nation following the upgrade in ties with Washington last year. According to the…
Quang Ninh, a northern coastal province, anticipates the addition of seven new foreign direct investment (FDI) projects from the US, China, and Taiwan in March. The province sets a target of attracting $3 billion in FDI this year. According to…
The weakening of the Vietnamese dong against the dollar, coupled with soaring shipping expenses due to ongoing tensions in the Red Sea, has significantly raised operational costs for both exporters and importers. Presently, the U.S. dollar stands at VND25,350-25,590, marking…
The completion of the T3 domestic terminal at HCMC’s Tan Son Nhat International Airport is slated for April 2025, marking a remarkable two-month advancement ahead of schedule, just in time for the Reunification Day holiday on April 30. Le Khac…
Upon commencing its initial phase of operations in 2026, Long Thanh Airport is projected to require a workforce of 14,000 individuals, as disclosed by the Dong Nai People’s Committee. During a Wednesday conference focused on the training of Long Thanh…
On Wednesday, the Van Phong 1 BOT Thermal Power Plant was officially launched in the central province of Khanh Hoa, adding an extra 8.5 billion kWh annually to the national electricity output, equivalent to 3% of the total. Situated within…
This year, significant mergers and acquisitions have been primarily fueled by foreign investments. Hai Linh Company, an energy firm, reported last week that AG&P LNG, a subsidiary of U.S. investment firm Nebula Energy, secured a 49% stake in the Cai…
A delegation comprising 50 leading US businesses is scheduled to visit Vietnam from March 18 to 21, aiming to explore potential investment prospects in the country. This visit forms part of an annual initiative organized by the US-ASEAN Business Council…
Starting in October, Vietnam Airlines is set to initiate two fresh routes linking Hanoi and Ho Chi Minh City to Germany’s Munich. The national carrier announced on Tuesday its plan to deploy Boeing 787 wide-body aircraft for these routes. The…
Anticipated recoveries in consumption and production, coupled with increased global demand for goods, are poised to propel Vietnam to the top spot for growth within the ASEAN region this year. According to FocusEconomics, global analysts forecasted a 4.5% growth for…