First carbon neutral factory inaugurated in Binh Duong
First carbon neutral factory inaugurated in Binh Duong
16/04/2025

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 …

Endogenous drivers for the economy
Endogenous drivers for the economy
02/01/2025

Driven by increasing domestic consumption, production, and exports benefiting from global trade shifts, along with high-quality foreign direct investment (FDI) inflows and the government’s determination to unlock public investment capital, Vietnam’s economy is poised to move confidently into 2025. Cargo handling at the Hoa Phat General Port in the Dung Quat Economic Zone (Quang Ngai …

Vietnam’s first metro line put into commercial operation
Vietnam’s first metro line put into commercial operation
23/12/2024

The metro line runs for 19.7 km between Ben Thanh Station in District 1 and Suoi Tien Depot in Thu Duc city in Ho Chi Minh City. At the launching ceremony for the first Metro line in Vietnam held on December 22, 2024. (Photo: VGP) The Metro line No.1 in Ho Chi Minh City was …

Gelex Group named among notable M&A deals companies in 2024
Gelex Group named among notable M&A deals companies in 2024
04/12/2024

Gelex Group has been recognized for its notable M&A deal in the renewable energy sector, receiving recognition at the 16th Vietnam M&A Forum 2024. Gelex Group representative receives M&A deals award in 2023-2024. Photo courtesy of Gelex The deal involved the transfer of renewable energy projects to a subsidiary of Sembcorp Group, a leading corporation …

E-commerce sector grows 18%
E-commerce sector grows 18%
22/11/2024

Vietnam’s e-commerce market is estimated at US$22 billion this year, ranking third in Southeast Asia behind Indonesia ($65 billion) and Thailand ($26 billion). The app icons of five e-commerce platforms in Vietnam are shown on a smartphone. Photo by VnExpress/Vien Thong The market has grown by 18% from last year, the third fastest rate behind …

HCM City aims to become Southeast Asian logistics hub
HCM City aims to become Southeast Asian logistics hub
20/11/2024

HCM City is set to enhance its logistics sector to become a key logistics hub in Southeast Asia by 2030, leveraging global supply chain opportunities. Võ Văn Hoan, deputy chairman of the People’s Committee, speaks at HCM City Logistics 2024 conference organised by the HCM City Logistics Association on Friday. — VNA/VNS Photo HCM City …