California Fitness injects $25 million to expand presence in Vietnam

California Fitness injects $25 million to expand presence in Vietnam

California Fitness announced a substantial investment of $25 million on May 26 to expand its operations in Vietnam.
EuroCham and MoLISA in dialogue to amend foreign work permit legal framework

EuroCham and MoLISA in dialogue to amend foreign work permit legal framework

EuroCham joined forces with the Ministry of Labour, Invalids and Social Affairs (MoLISA) to organise a dialogue workshop on May 26.
Shell to provide first shipment to Thi Vai LNG facility

Shell to provide first shipment to Thi Vai LNG facility

PetroVietnam Gas JSC has signed a confirmation notice with Shell, under which the latter will provide the first liquefied natural gas (LNG) shipment to Vietnam.
Czech Republic senior leaders meet with Home Credit Vietnam

Czech Republic senior leaders meet with Home Credit Vietnam

Following the successful meeting with the Czech Prime Minister in April, Home Credit Vietnam, a leading digital finance company from the Czech Republic, hosted the deputy speaker of the Parliament and the senior delegation at its office on May 26, 2023.
EVN intends to raise electricity prices from September

EVN intends to raise electricity prices from September

EVN suggests the 3 per cent rise in electricity prices enacted at the start of May 2023 has not been sufficient to cover its costs.
Tough times for garments and textiles firms

Tough times for garments and textiles firms

Businesses in the garments and textiles sector are facing increasing difficulties that are forecast to linger in the months to come.
MPI builds new investment incentives to match global minimum tax rule

MPI builds new investment incentives to match global minimum tax rule

The Ministry of Planning and Investment (MPI) is working on the design of incentives and measures to support new investment activities amid the upcoming application of the global minimum tax.
Indian self-drive car rental platform ZoomCar ceases operations in Vietnam

Indian self-drive car rental platform ZoomCar ceases operations in Vietnam

The Indian self-drive car rental application ZoomCar has announced the cessation of its operations from May 24.
India's Adani Group proposes $2 billion seaport in Vietnam

India's Adani Group proposes $2 billion seaport in Vietnam

The Indian-based conglomerate Adani Group has proposed developing a $2 billion seaport in Vietnam, while also investing in wind and solar power plants.
Hospitals benefiting from double revision

Hospitals benefiting from double revision

While the shortfall of medical devices at hospitals has eased since new rules were introduced in March, more improvements are required to further facilitate the healthcare sector.
Indian pharma groups look to local manufacturing

Indian pharma groups look to local manufacturing

When the Law on Pharma came into effect in 2016, most Indian pharma companies imported drugs from India and Europe into Vietnam. Some companies only registered drugs in Vietnam and transferred other Indian or Vietnamese pharma companies to sell.
Morinaga Le May JV sets target of $71.7 million revenue in Vietnam

Morinaga Le May JV sets target of $71.7 million revenue in Vietnam

Morinaga Milk Industry, a Tokyo-based dairy company, forged a strategic partnership with Le May, a subsidiary of Vietnam’s Lotus Group, to establish the Morinaga Le May Joint Venture in Vietnam on May 23
Vietnam looks to deeply join global IC supply chain

Vietnam looks to deeply join global IC supply chain

Vietnamese localities and enterprises are attracting design talents to deeply join the global integrated circuit supply chain, as global IC design corporations are shifting their operations to Vietnam.
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