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.
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.
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.
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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 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.
Adidas, one of the world's leading sportswear companies, has shifted a significant portion of its supply chain from China to Vietnam, Vietnam-Briefing reported.
In 2022, VNG lost over VND1,315 billion ($56 million) after taxes. The undistributed after-tax profit of VNG, however, had still been greater than VND5,311 billion ($226 million) by the end of 2022.
Vietjet Aviation Joint Stock Company (HoSE: VJC) reported net sales of VND11,807 billion ($503 million), which is 4.2 times more than the same period in 2021 and back closer to pre-pandemic levels.
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