Vietnam is poised to witness a significant surge in investments from the US and is fully prepared to embrace this wave. Recently, the Suntory PepsiCo Vietnam Beverage Company initiated the construction of its largest and most advanced factory in the…
The Asian Development Bank (ADB) announced at a conference in Hanoi on Thursday that Vietnam’s economic growth is projected at 6.0% for 2024 and 6.2% for 2025, despite ongoing external uncertainties. During the conference, Nguyen Ba Hung, ADB Chief Economist…
An increase in Australian investment is anticipated to flow into Vietnam following the advancement of the Vietnam-Australia relationship to a comprehensive strategic partnership. During a meeting with Deputy Prime Minister Tran Hong Ha on March 28, Corio Generation, a portfolio…
EuroCham Vietnam unveiled the Business Confidence Index (BCI) for the first quarter of 2024 on Monday, revealing a notable increase to 52.8 points – the highest recorded level since 2022. The index indicates that Vietnam’s economic growth is fueling optimism…
The groundbreaking ceremony for the largest factory in the Asia-Pacific region by Suntory PepsiCo Vietnam Beverage Company took place on Monday at the Huu Thanh Industrial Park in Long An province, located in the Mekong Delta. Spanning nearly 20 hectares,…
Vietnamese businesses faced the highest incidence of cyber threats in Southeast Asia, experiencing 17.1 million incidents in 2023, as per data from the global cybersecurity firm Kaspersky. Indonesia followed with 14.6 million incidents, trailed by Thailand with 4.7 million. Across…
The emergence of trends in AI, big data, smart urban construction, e-commerce, and the ambition to position Ho Chi Minh City as the region’s foremost financial hub are all paving the way for investment opportunities in data center development. Joseph…
Businesses received a significant boost with the fastest first-quarter GDP growth seen in four years and a resurgence in orders, following a challenging 2023. The economy expanded by 5.66% in the initial three months of 2024, as per data from…
British magazine Time Out has included Vietnam in its list of nine safest destinations for solo female travelers worldwide, making it the sole representative from Southeast Asia. According to the magazine, “Vietnam emerges as a strong contender for solo female…
As European nations seek to broaden their workforce demographics and skill sets, Vietnamese laborers are adjusting their focus as traditional employment markets lose appeal. For instance, in an effort to attract skilled workers, the German government has reduced the naturalization…