Asia Vital Components (AVC), a Taiwan-based cooling solution provider, will increase its investment in Vietnam’s northern province of Ha Nam to $400 million. The firm has recently received an investment registration certificate for the move from Ha Nam authorities. It is the 10th adjustment to its initial investment licensed in October 2020. The project will […]

Deputy Prime Minister Tran Hong Ha has signed a Prime Ministerial decision, approving the investment orientation for the infrastructure development project of Trung Thanh Industrial Park in northern Nam Dinh province. Under the Decision No 1245/QD-TTg, Nam Dinh Infrastructure Investment and Development Joint Stock Company was granted the right to invest in the project which […]

Vietnam’s fruit and vegetable exports in the first 10 months reached $6.4 billion, surpassing last year’s total of $5.7 billion, with durian being the largest contributor. Durian, the top export category, generated over $3 billion in the period and accounted for nearly 50% of export turnover, according to the Vietnam Fruits & Vegetables Association. Other […]

Germany’s energy firm PNE is studying the possibility of developing a $4.5 billion offshore wind power project in central Vietnam. The company, with 25 years of experience developing onshore and offshore wind power projects, wants to build a 2,000-megawatt plant in three phases, its executives told authorities of Binh Dinh Province Tuesday morning. The project […]

Thailand’s leading retailer Central Retail kicked off the construction of a mall under its GO! brand in the northern mountainous province of Yen Bai last weekend. Located in Yen Bai town of Yen Bai province, the 1.3-hectare establishment is set to enter operation in the last quarter of next year. It has an investment of […]

South Korean industrial giant Hyosung Corp plans to invest another US$4 billion in Vietnam, taking its total investment in the country to $8 billion. Its chairman, Cho Hyun-joon, referred to Vietnam’s reliable investment environment and expressed confidence in its potential to become a key manufacturing hub in Asia during a meeting with Prime Minister Pham […]

In light of the increased demand from the semiconductor market and the changes in technological innovation, Rorze Corporation has decided to make a further investment in it Vietnamese subsidiary, Rorze Robotech Co., Ltd. The $330 million investment includes a new plant in Haiphong, expected to begin construction in the spring of 2026 and be completed […]

Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang attended the Vietnam-China business workshop in Hanoi on October 13, where they urged businesses of both nations to strengthen economic ties and drive sustainable development. Hanoi (VNA) – Prime Minister Pham Minh Chinh and Chinese Premier Li Qiang attended the Vietnam-China business workshop in Hanoi on […]

State budget revenue from import-export activities in the first nine months of 2024 reached more than 306 trillion VND (12.4 billion USD), accounting for 81.7% of the set target and increasing 13.5% from the same period last year, the General Department of Vietnam Customs (GDVC) has reported. The country’s total import and export value hit […]

YNC Korea, an automation firm and a partner of South Korean chaebols such as LG and Hyundai, plans to invest $145 million in Vietnam’s northern coastal province of Quang Ninh. A delegation of the firm made the statement at a Wednesday meeting with Quang Ninh Chairman Cao Tuong Huy. The firm aims to invest $65 […]

Paihong Vietnam Co. Ltd., under Taiwan-based apparel material firm Paiho, has increased its investment in Binh Duong province, a manufacturing hub in southern Vietnam, to $400 million. Paiho Vietnam received an in-principle approval for its investment in fabric production on Thursday, on the sidelines of an investment promotion conference to announce the province’s 2021-2030 masterplan. […]

Hong Kong-invested Regina Miracle International (Vietnam), an intimate wear supplier of global brands such as Victoria’s Secret, Nike and Adidas, will increase its investment in Hung Yen province to $130 million. The firm acquired its first investment registration certificate in July 2018 and recently received the fifth adjustment for expansion. The project will cover 6.5 […]