While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia. Vietnam has been chosen as the ideal destination for the “China+1” policy of HZO, a US-based company producing protective nano-coatings with an […]
Read MoreVietnam is expecting to welcome a new wave of high quality foreign direct investment in the near future according to some economists thanks to the country’s internationally acclaimed efforts to fight COVID-19, a new factor to assess business risks. Having worked in Vietnam for the past two decades, Adam Sitkoff, Executive Director of the American […]
Read MoreThe Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Con Dao Island into “a high-quality tourist and economic zone”. A solar power system on the island of Con Dao, Ba Ria-Vung Tau Province. – Photo baochinhphu.vn. At a total cost of over VND91 billion (US$3.9 million), the plant in […]
Read MoreVietnam-Korea Techno Park has proposed investing $150 million in a technopark in Dong Nai to lure in $2-3 billion of high-tech investment in about six-nine years of operation. Bien Hoa city in Dong Nai province is an up-and-coming destination for tech investors Vietnam-Korea Techno Park proposed to the Dong Nai provincial government to build a […]
Read MoreSingapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total. With 5.07 billion USD, Singapore becomes the biggest foreign investor in Vietnam in the first four months of 2020 – Illustrative image (Source: nhipcaudautu.vn) It was followed […]
Read MoreThe southern province of Bac Lieu topped the country in attracting foreign investment in the first four months of 2020 with a single project worth 4 billion USD producing electricity from LNG, the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) has reported. Drawing of Bac Lieu LNG Power Project (Source: cafef.vn) The 3,200MW […]
Read MoreA Representative Office (RO) offers a low-cost entry for companies seeking to gain a better understanding of the Vietnamese market. As such, this option is among the most common for first-time entrants to the Vietnamese market and often precedes a larger presence within the country. What are ROs permitted to do? ROs are permitted to […]
Read MoreNavigating Asia’s geopolitical landscape in the current context of the COVID-19 pandemic can be difficult for most foreign businesses. This is more so when moving business activity out of China. Vietnam features high on the radar for foreign businesses scaling up or choosing alternate sites outside China due to its success in creating an adaptable production base […]
Read MoreThe Guardian’s global top 10 new architecture projects listing features Bo Mon Preschool in Vietnam’s northern Son La Province. Calling Bo Mon Preschool a simple idea with a big distinctive roof that casts a big mobile shadow during the course of the day, the Guardian calls it is a charming and deft design. “The curvy shapes might be said to […]
Read MoreThe Expanded Duyen Hai 3 Thermal Power Plant will start commercial operations this month. The state council for acceptance testing of construction works has permitted Electricity of Vietnam (EVN) to put the Expanded Duyen Hai 3 Thermal Power Plant project in the Mekong Delta province of Tra Vinh into commercial operation. The thermal power plant […]
Read More
