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 …
Vietnam’s e-commerce market is estimated at US$22 billion, the third largest in Southeast Asia behind only Indonesia ($65 billion) and Thailand ($26 billion). The market has grown by 18% from last year, the third fastest rate behind the Philippines (23%) and Thailand (19%), according to the annual “e-Conomy SEA 2024” report by Google, Temasek and …
Export revenue to Brazil reached $676 million in Q1. Brazil remains a huge and potential market for Vietnamese products, according to the Vietnamese Trade Office in Brazil. With a diversified consumption demand, this market has attracted many kinds of Vietnamese commodities. Vietnam exported products worth $676 million to Brazil in the first three months of …
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 …