new resolution opens opportunities for logistics sector

New resolution opens opportunities for logistics sector

At the beginning of 2023, Vietnam set its sights on becoming a high-income developed country, and the past year has demonstrated Ho Chi Minh City’s efforts to overcome challenges and reclaim its position as a regional economic powerhouse. Kiet Le, research lead, Manufacturing Group at Dezan Shira & Associates, shares his views on how the city can utilise its initiatives to make future breakthroughs.
gilimex starts work on centralised wastewater treatment station

Gilimex starts work on centralised wastewater treatment station

Gilimex Industrial Park Joint Stock Company on February 15 held a groundbreaking ceremony for the Centralised Wastewater Treatment Station of Gilimex Industrial Park in Thuy Phu commune, Huong Thuy town, Thua Thien-Hue province.
players display positivity for real estate

Players display positivity for real estate

A range of amendments to laws on housing, real estate, and land is expected to make the market more stable.
overseas names adding to fdi allure

Overseas names adding to FDI allure

Foreign direct investment in the real estate sector remained in the second-highest position last year, despite a downturn in the domestic market.
us businesses focused on semiconductors clean energy carbon reduction

US businesses focused on semiconductors, clean energy, carbon reduction

Under Secretary of State for Economic Growth, Energy, and the Environment Jose Fernandez shared the direction of cooperation with Vietnam in the fields of semiconductor chips, clean energy and carbon reduction at a meeting with members of the American Chamber of Commerce in Ho Chi Minh City on January 24.
japanese retail businesses want to expand in vietnam

Japanese retail businesses want to expand in Vietnam

100 per cent of Japanese retail businesses in Vietnam have expansion plans, according to a Survey on the Status of Japanese Enterprises Investing Abroad in the fiscal year 2023.
idico lists sustainability among key criteria

IDICO lists sustainability among key criteria

More than 300 businesses met at the first session of the Vietnam Industrial Real Estate Association (VIREA) held on January 18 to discuss solutions for developing industrial real estate, as well as topics related to the organisation and its operational regulations.
ho chi minh city needs to start carbon credit market quickly

Ho Chi Minh City needs to start carbon credit market quickly

On the sidelines of an investment conference centred around green growth on January 24, Muthukumara S. Mani, Lead Environmental and Climate Change Economist, Southeast Asia Region at the World Bank, spoke with VIR’s Bich Ngoc on the importance of the Vietnam’s carbon credit market development.
bw breaks ground for new logistics centre in bac ninh

BW breaks ground for new logistics centre in Bac Ninh

BW Industrial Development JSC, Vietnam’s leading industrial real estate developer, on January 25 opened a new logistics project in VSIP Bac Ninh 2 Industrial Park, marking the start of its development plan to kick off 12 new projects in 2024.
autodesk collaborates with ho chi minh city to accelerate digital transformation

Autodesk collaborates with Ho Chi Minh City to accelerate digital transformation

On January 24, Autodesk, an American multinational software corporation, signed an MoU with The Management Authority for Urban Railways (MAUR) to support the digital transformation and Building Information Modelling (BIM) in the transportation sector.
world bank to support ho chi minh city on carbon credits

World Bank to support Ho Chi Minh City on carbon credits

The opportunities and challenges presented by operating a carbon credit market in Ho Chi Minh City in line with the World Bank were the main talking points of a meeting on January 24 between Chairman of Ho Chi Minh City People's Committee Phan Van Mai and World Bank experts at an investment conference centred around green growth on January 24.
traditional retailers buckle under strain

Traditional retailers buckle under strain

The rapid development of e-commerce is causing a series of commercial townhouses to close down, while shopping centres still have a stable number of customers due to positive online sales channels and sharing turnover methods.
land law updates offer grand real estate foundation

Land law updates offer grand real estate foundation

The National Assembly has approved the revised Land Law, which will come into full effect next year.
viettel idc announces strategic partnership with saigon asset management

Viettel IDC announces strategic partnership with Saigon Asset Management

Viettel IDC and Saigon Asset Management (SAM) entered into a strategic agreement on January 22 to expand Vietnam's digital infrastructure and market presence.
basf celebrates inauguration of tpu plant at the zhanjiang verbund site

BASF celebrates inauguration of TPU plant at the Zhanjiang Verbund site

BASF celebrated the inauguration of its Thermoplastic Polyurethane (TPU) plant at the Zhanjiang Verbund site on January 18.