Vietnam National Petroleum Group (Petrolimex) has expressed its intention to return to South Van Phong oil refinery with a new project, only a short while after expressing intention to exit the project.
Bamboo Airways will launch its first domestic flight on December 29, starting a journey to conquer the aviation market as the firm received its license to fly in Vietnam.
Vietnam has experienced rapid industrialisation and urbanisation, which has led to environmental degradation, pollution, and a greater consumption of energy. Murooka Naomichi, senior representative from the Japan International Cooperation Agency, writes about the journey towards sustainable development for Vietnam.
The local pharmaceutical market registers robust performance in the wake of growing M&A deals and outsiders’ new ventures into drug store chain launching.
Despite early concerns about its feasibility, non-profit education is gaining ground in Vietnam with both foreign and domestic investors flocking to the burgeoning sector.
The launch of VinFast’s electric motorbike models during the recent opening ceremony of its manufacturing factory is expected to create bigger competition in Vietnam’s lucrative motorbike market currently dominated by Honda, Yamaha, and Piaggio’s gasoline two-wheelers.
The Vietnamese government’s bold moves to fast-track the divestment of state-owned enterprises is opening more opportunities for foreign investors, but more needs to be done to shake up the languid process.
Facebook and Google remain quiet about their next step responding to the threat of Vietnam kicking them out if they fail to set up branches or representative offices in the country.
Business leaders across the Asia-Pacific remain confident that their companies’ revenues will grow over the next 12 months, despite increasing trade frictions. Besides, Vietnam and China are top targets for cross-border investment.
Kilorun Hanoi 2019, the first-ever Run, Eat, Fun in One Go event of international significance, is set to land at Ly Thai To park in Hanoi centre on March 2, 2019, targeting over 2,500 participants and helping to promote Vietnamese tourism.