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 …
The Export Development Canada (EDC) has publicised an article “Doing business in Vietnam: Catch this rising star in the Indo-Pacific” in which, its author – international trade writer Carol Fragiskos emphasised that strategic location makes it an ideal logistics and distribution hub. Gemalink, is the largest deep-sea container port in the southern province of Ba …
Vietnamese internet company VNG Corp has become the official publisher for Roblox, a popular online game and virtual world creator platform. The joint venture solidifies VNG’s reputation in the Vietnamese market with the highly-anticipated release of Roblox in Việt Nam scheduled for this summer on both iOS and Android platforms. The announcement was made during the Vietnam …
Around 51,600 new enterprises were established with total registered capital of nearly VND508 trillion (US$20 billion) in the first four months of 2024, according to the General Statistics Office (GSO). This marked year-on-year increases of 3.4% in the number of businesses and 9.3% in the capital, it said. These new businesses registered a total of …
The central hub will welcome all investors planning for investment expansion or fund flow moves in the region. The central city’s People’s Committee has officially issued an investment promotion programme for 2024 aiming to diversify partners and investment flows for new development. The city said the programme will focus on calling potential domestic investors in …
The consumer goods group has successfully finalized the acquisition of a $250 million investment from Bain Capital, a prominent global private investment firm. The State Securities Commission has confirmed receipt of comprehensive documentation pertaining to the issuance of preferred dividend convertible shares by Masan, marking the culmination of the transaction process. This strategic investment, originating …
