The U.S.-based Polaris, an automaker in the Fortune 500 list, launched its second factory in Vietnam’s northern province of Vinh Phuc on Wednesday. Polaris, known for its brand Indian Motorcycle, conducted a groundbreaking ceremony for the $36-million, 12-hectare facility in Ba Thien II Industrial Park, in May 2023. This is Polaris’s 20th plant in the […]

Vietnam’s durian exports to several markets like Thailand, Hong Kong and South Korea rose by double digits year-on-year in the first seven months. China remained the biggest buyer as exports rose by nearly 53% to US$1.47 billion, accounting for 92% of all shipments. Thailand was second with $65 million, up 51%, followed by Hong Kong, […]

South Korea’s CS Wind, a major wind power equipment maker, will invest $200 million in a factory in Vietnam’s Mekong Delta province of Long An, making it among the biggest investments in the sector globally. CS Wind and Long An-based Dong Tam Group, a major construction material firm, signed a memorandum of understanding for the […]