Companies

VinFast Secures Air Quality Permit for North Carolina Plant

VinFast to start construction soon on its North Carolina EV plant after receiving air quality permit from the state, Bloomberg reported.

Vietnam EV maker VinFast gets permit to start construction on U.S. factory

North Carolina regulators had given the Vietnam’s EV maker VinFast one of the environmental permits it needs to begin construction on a planned $4 billion EV assembly plant in the U.S. state.

Vua Nem plans to proceed initial public offering in 2023

Vietnamese mattress retail chain Vua Nem has announced its plan to conduct initial public offering (IPO) in 2023, aiming to have 500 stores nationwide.

Vietnam Electricity faces $2.75 bln losses in 2023

In a statement released on Wednesday, the Vietnamese government has warned that the country's state utility, EVN, will suffer losses of $2.75 billion this year if its retail electricity prices remain unchanged.

Foxconn Leases Land in Vietnam to Expand Manufacturing Capacity Amidst Supply Chain ...

Foxconn, a major partner of Apple, has leased 45 hectares of land in Quang Chau Industrial Park, Bac Giang province in Vietnam for $62.5 million.

Japanese businesses trust and expand in Vietnam despite challenges

Japanese businesses trust and expand in Vietnam, despite facing challenges like low domestic procurement rates.

PetroVietnam and Sembcorp sign deal to develop offshore wind projects for exporting electricity to ...

Vietnam's state oil firm, PetroVietnam, and Sembcorp Utilities of Singapore have signed a deal to develop offshore wind projects for exporting electricity to Singapore.

More than 700 million FLC shares to be delisted from HoSE

The Ho Chi Minh City Stock Exchange (HoSE) announced on February 14 that it will delist over 700 million shares of the FLC Group, valued at VND7.1 trillion, effective from February 20.

Samsung wants to make its Vietnam R&D center global hub

It is his mission to turn the Samsung R&D Centerin Hanoi into the Korean company’s top global research and development center, its Vietnam chief, Choi Joo Ho, has said.

Korean companies show interest in Vietnam's medical equipment market

Vietnam's medical equipment market has been growing steadily at an average rate of 13.1% per year for the past five years, with more than 90% of the market being dependent on imports.

Masan Group to invest $105 million in Singapore’s Trust IQ

The Sherpa, a subsidiary of Masan Group, has received an investment registration certificate to invest $105 million for 25% share ownership of Trust IQ, Singapore-based tech firm.

Vietnam revises $3.3B investment plan with Intel Corporation in Ho Chi Minh City: ...

Ho Chi Minh City in Vietnam made headlines when they announced their efforts to attract a $3.3 billion investment from Intel Corporation, Bloomberg reported.

Vietnam Aviation set to fully recover by 2023 end

The International Air Transport Association (IATA) has forecast that Vietnam's aviation market will fully recover by the end of 2023.

Japanese Coffee chain % Arabica debuts in Vietnam

Japanese coffee chain % Arabica has made its entry into Vietnam with the opening of its first brick-and-mortar store in Ho Chi Minh City, Inside Retail Asia reported.

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Companies

MWG Announces Lower Profit Target for 2023 Amidst Challenging Economic Conditions

Central Retail Announces $1.45B Investment in Vietnam for Expansion Over Next Five Years

PouYuen Vietnam to Cut 6,000 Jobs Due to Low Production Orders