With total investment capital of over $1 billion, this is LEGO’s sixth factory worldwide and second in Asia. The grand opening of LEGO Manufacturing Vietnam in Binh Duong province, on April 9. (Photo: VGP) LEGO Manufacturing Vietnam, the first carbon neutral factory in the country, was inaugurated in the southern province of Binh Duong on …
Japan’s Hulic Co. has entered a joint venture with Indochina Kajima to develop ready-built factory projects in Vietnam, as the country cements its position as a key manufacturing hub in Asia. The partnership underscores Hulic and Indochina Kajima’s commitment to capturing growth opportunities as Vietnam solidifies its position in the global supply chain. The collaboration …
Vietnam has emerged as a strategic “playground” for major Korean tech giants like SK Group, Samsung, and others. Prime Minister Pham Minh Chinh meets with Mr. Chey Tae-won, Chairman of SK Group and President of the Korea Chamber of Commerce and Industry (KCCI). Photo: VNA. The “New Appetite” of South Korean Investors With FDI totaling $7.06 billion in …
United Nations Food and Agriculture Organisation (FAO) Director-General Qu Dongyu’s working trip to Vietnam from February 5-8 aims to promote bilateral cooperation in the fields of agriculture, food security, environmental protection, and rural development amid complicated and unpredictable global developments. At the meeting between Minister of Agriculture and Rural Development Le Minh Hoan and visiting …
Industrial production has played a key role in Vietnam’s economic recovery throughout 2024, with growth fueled by strong government support, sectoral shifts, and global integration. Despite facing significant hurdles in 2024, including sluggish global economic growth that impacted its export orders and a slow recovery in domestic demand due to storms and natural disasters, particularly …
Vietnam has the potential to become a manufacturing hub in the region this year, especially in fields involving technology, as global companies have expressed interest in expanding operations in the country. A worker is seen in a semiconductor research lab in Ho Chi Minh City in December 2024. Photo by VnExpress Foreign direct investment (FDI) …