The energy transition brings many opportunities for industries, but it also poses great challenges, particular in fossil fuel extraction and processing, according to industry insiders.

Most Vietnamese firms operating in supporting industries are technologically and managerially underdeveloped, according to insiders.

Due to the ongoing conflict in Ukraine, and many European countries turning their back on the supply of gas from Russia, the export potential of wood, and especially wood pellets, is on an upward trend.

FPT has announced an investment in the Japanese business consulting services provider LTS Inc, becoming a strategic shareholder.

The strong foreign direct investment (FDI) inflow from the Republic of Korea (RoK) has been giving a significant push to Vietnam in the battle to move up the global value chain ladder and promote sustainable development.

The orientation of foreign capital flows pouring into Vietnam is heavily influenced by global factors.

VinFast, the automotive arm of Vietnam's largest conglomerate Vingroup, announced recently that it has joined the COP26 zero emission vehicles (ZEV) declaration to affirm its commitment to reaching 100% zero emission new vehicle sales in leading markets by 2035 or earlier.

Health experts called for more collaboration and actions to ensure quality mental health care for everyone at a meeting in Hanoi to celebrate World Mental Health Day on October 10.

The Vietnamese central bank’s move to lift short-term deposit rate caps is likely to raise the average cost of funds – both deposit and interbank rates – for Vietnamese commercial banks.

Vietnam plans to focus on improving the science and technology market with the establishment of three trading platforms in order to reduce reliance on imports, Minister of Science and Technology Huynh Thanh Dat has said.