Recover, a leading global producer of recycled cotton fiber based out of Spain has announced the opening of a new manufacturing facility in Dong Nai province, Vietnam, as part of its global expansion strategy. Set to begin operations in early 2025, this facility will...
An Australian biotechnology company, Core8 Group, has announced plans to establish Vietnam’s first AI-driven hospital, named the MedArmor AI Hospital, which will focus on preventive healthcare through advanced technology. The facility aims to enhance early...
Nvidia has signed an agreement with the Vietnamese government to establish two significant facilities: the Vietnam Research and Development Center (VRDC) and an AI data center. This collaboration aims to position Vietnam as a leading hub for artificial intelligence...
Aeon Mall Vietnam, a subsidiary of the Japanese retail giant Aeon Mall, has officially commenced construction on its largest mall in Vietnam, the Aeon Mall Thanh Hoa, with an investment of VND 4,157 billion (USD 163.8 million). The groundbreaking ceremony took place...
South Korea’s Star Group Ind. (SGI) is set to launch its USD 80 million magnet manufacturing factory, SGI Vina Co., Ltd., in Quang Nam province, Vietnam. The project, which received its investment registration certificate in October 2022, is currently in the...
Vietnam has made significant strides in advancing its North-South high-speed railway project, with the National Assembly recently adopting a resolution for its development, estimated to cost around USD 67.34 billion. The project aims to enhance private sector...
Japanese retailer Aeon has announced plans to invest USD 35 million in constructing a new shopping mall in Phu Ly town, located in Vietnam’s northern Ha Nam province. This investment was formalized through a memorandum of understanding (MOU) signed between Ha Nam...
In September 2024, Assa Abloy Group, a global leader in entrance automation and door control solutions, inaugurated its USD 30 million factory in the northern port city of Hai Phong. The Swedish company began its investments in the northern coastal city in December...
Switzerland-based Mediterranean Shipping Company (MSC), one of the world’s largest shipping lines, is exploring investment opportunities in Danang’s Lien Chieu port, a key maritime gateway for Vietnam. MSC Group President shared the company’s plans during a meeting...
iKala, a leading AI transformation solutions provider from Taiwan, has joined forces with TPIsoftware, a digital transformation software company, to expand into the Vietnamese market. This strategic partnership aims to transfer the successful digital transformation...
American International Hospital (AIH) is collaborating with Raffles Hospital Singapore to introduce advanced medical treatments to Vietnam, offering Singaporean-standard healthcare services locally. This partnership is a response to the growing trend of Vietnamese...
PRO Vietnam, a coalition of large companies from the consumer goods, packaging, retail, and import sectors, has committed to recycling 64,000 tons of packaging materials in 2024 as part of its Extended Producer Responsibility (EPR) obligations. In 2023, the Ministry...
