The development of e-commerce together with delays to import and export activities due to disrupted logistics services has accelerated demand for ready-built factories and warehouses during the COVID-19 outbreak in Vietnam. In contrast, the number of leasing inquiries for other industrial properties has fallen due to travel bans and social distancing. “After the pandemic is […]
Read MoreJapan‘s Panasonic applicance-maker Corp on Thursday said that next year it will move its Thai-based production of refrigerators and washing machines to Vietnam, laying off some 800 workers. “Panasonic will reorganize its white goods production sites in Southeast Asia, and transfer the production of washing machines and refrigerators in Thailand to Vietnam,” the company said […]
Read MoreOverseas investors could angle to add even more capital to their current projects in Vietnam as a result of superb COVID-19 prevention in the country. The impact of the coronavirus pandemic on foreign investment inflows in Vietnam has been noticeable. However, a rise in additional investment in existing projects in the first four months of […]
Read MoreThis month ground was broken for Việt Phát Industrial Park – Long An, one of the largest in the country. Being built by TZICO Joint Stock Company and Việt Nam Innovation Parks Management Corporation in Thủ Thừa District’s Tân Long Commune, the 1,800 IP will include a 600ha urban area. All the required land has […]
Read MoreIt would be the first time Apple has manufactured a new product in Vietnam as U.S.-China trade tensions run high during the coronavirus pandemic, according to The Information. The new headphones will be different from the over-ear Beats headphones that Apple already offers. The new product will have a stronger focus on touch-control technology, Bloomberg […]
Read MoreSurbana Jurong, a global multi-disciplinary urban, infrastructure, and management services consulting firm headquartered in Singapore, has became the strategic partner to draw up the master plan and construction design for Viet Phat Industrial Park and Urban Area. At the ground-breaking ceremony of Viet Phat Industrial Park (IP) and urban area held on May 17, Ken […]
Read MoreMore than 1,000 projects will call for investment at the second Vietnam Industrial Real Estate Forum scheduled for June 19 in Hanoi. The forum will be jointly held by the Vietnam National Real Estate Association, the Central Institute for Economic Management and the Entrepreneur Magazine under the theme of “Golden Opportunities in New Era”. It […]
Read MoreGelex will give up logistics, which is one of its four core business sectors, and divest from Dong Nai Port JSC to wade deeper into industrial park development. Vietnam Electrical Equipment JSC (Gelex) has issued the decision to divest its 100 per cent holding in Gelex Logistics Co., Ltd. which has a charter capital of VND1.21 trillion […]
Read MoreForeigners are eligible to own houses in a tenure of 50 years with renewal possibility in Hanoi. Hanoi’s Department of Construction has announced a list of 10 housing projects that allow the ownership of foreign individuals and organizations. Foreigners are eligible to own houses in Vietnam in a 50 year period. The projects are located […]
Read MoreVietnam ranked second, following Bangladesh, in the top 10 fastest growing wealth markets from 2010 to 2019, the Wealth-X Company revealed the ranking in its new report titled “A Decade of Wealth”. The report takes a look back at the growth of the global wealthy population over the past decade, while also forecasting the trends that […]
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