Marvell Technology, a provider of semiconductor solutions for data infrastructure, announced on May 16 its expanded presence and workforce in Vietnam over the past year. The company revealed plans to further develop research, engineering, and design activities within the country.…
As of May 16, Dong Nai has successfully attracted $832 million in foreign direct investment (FDI) since the start of 2024, achieving 119 percent of the year’s target. This amount stems from 40 newly established foreign-invested projects and 39 existing…
Vietnamese businesses must adhere to quality standards and rules of origin, enhance value-added content, and broaden their market reach amidst anticipated challenges stemming from the unpredictable global economy and climate change. From January to April, Vietnam recorded a combined import-export…
China ranked as the sixth-largest investor among 146 countries and territories investing in Vietnam in the first quarter, with a registered capital exceeding $27.6 billion, as reported by the Ministry of Planning and Investment (MPI). On May 15, Zhengjun Zhang,…
Export Development Canada | Exportation et développement Canada (EDC) has released an article titled “Navigating Business in Vietnam: Embracing the Emerging Leader in the Indo-Pacific,” penned by international trade writer Carol Fragiskos. In her piece, Fragiskos highlights Vietnam’s strategic positioning…
VNG Corporation has become a cloud partner of U.S. chipmaker NVIDIA, which is expanding its collaborations with top tech firms in Vietnam. GreenNode, an AI GPU cloud provider and subsidiary of VNG Digital Business, has been delivering AI and software…
Vietnam’s textile and garment sector has seen an influx of over $37 billion in foreign direct investment (FDI), as reported by the Vietnam Textile and Apparel Association (VITAS). VITAS disclosed that Vietnam hosts approximately 3,500 foreign-invested projects in the textile…
Hyosung Corporation, a South Korean company, is currently in the process of seeking approval to construct a data center within a high-tech zone in Ho Chi Minh City. At a meeting on Friday, the company’s vice president and CEO, Lee…
During the initial four months of 2024, Ho Chi Minh City witnessed a total of $915.6 million in foreign direct investment (FDI) inflows, marking a 6.5 per cent decrease compared to the corresponding period last year. The latest report from…
Industrial zones within Bac Ninh province have attracted a significant influx of foreign direct investment (FDI), totaling $997.1 million in the initial four months of the current year. Throughout this period, Bac Ninh welcomed 45 new projects, securing investment certificates…