leather and footwear industry to innovate for global competitiveness

Leather and footwear industry to innovate for global competitiveness

Vietnam's leather and footwear industry needs to streamline the supply chain and embrace green practices and technological advancements to ensure long-term global competitiveness.
construction starts on 200 million vinfast ev assembly plant in indonesia

Construction starts on $200 million VinFast EV assembly plant in Indonesia

VinFast officially broke ground on its new electric vehicle (EV) assembly plant in Subang, West Java, Indonesia, on July 15.
vietnam airlines to launch hanoi phnom penh direct flight

Vietnam Airlines to launch Hanoi-Phnom Penh direct flight

Vietnam Airlines on July 13 announced a new direct flight route between Hanoi and Phnom Penh and signed cooperation agreements with Cambodian partners to boost aviation and tourism development.
bamboo airways to expand fleet to 18 aircraft

Bamboo Airways to expand fleet to 18 aircraft

Bamboo Airways aims to increase its fleet to 18 aircraft by the end of 2025 to operate more key domestic and international routes.
boeing announces firm order for 35 737 max aircraft

Boeing announces firm order for 35 737 MAX aircraft

Embattled aviation giant Boeing on Monday announced that it had finalized a firm order with leasing company Aviation Capital Group for thirty-five 737 MAXs, its flagship aircraft, worth almost $4.5 billion at list price.
ties blossom with laos and cambodia

Ties blossom with Laos and Cambodia

Vietnam has strongly beefed up its bilateral cooperation in many sectors with Laos and Cambodia, including a focus laid on investment and trade.
tightened status necessary for controlling gold market

Tightened status necessary for controlling gold market

Experts are calling for stricter regulations and enhanced transparency to combat money laundering and market manipulation in Vietnam’s gold market.
businesses trend to build generative ai applications on aws

Businesses trend to build generative AI applications on AWS

An increasing number of businesses in the region and Vietnam are building generative AI applications securely on Amazon Web Services (AWS) to enhance security capabilities and operational efficiency.
southern motorways to start construction in december

Southern motorways to start construction in December

Lam Dong People’s Committee has requested that the traffic project management board, along with the relevant authorities and investors, complete their dossiers so that the Tan Phu-Bao Loc and Bao Loc-Lien Khuong motorways can begin construction in December this year.
mb committed to supporting south korean businesses

MB committed to supporting South Korean businesses

Luu Trung Thai, chairman of Military Commercial Joint Stock Bank (MB), reaffirmed the bank's commitment to developing a comprehensive digital platform to enhance interaction efficiency and expand opportunities for the South Korean business community investing in Vietnam.
vinfast seeks 250 million loan from indonesian banks for subang assembly plant

VinFast seeks $250 million loan from Indonesian banks for Subang Assembly plant

According to a report on July 10 by Bloomberg, VinFast, the Vietnamese electric vehicle (EV) manufacturer, is seeking a loan of approximately $250 million from Indonesian banks to construct an assembly plant in Subang.
local logistics investment moves at pace across vietnam

Local logistics investment moves at pace across Vietnam

A number of foreign logistics companies are planning continuous expansion and investments to gain a stronger foothold in Vietnam, a market with promising growth in the field.
further expectations about legal changes for fies

Further expectations about legal changes for FIEs

With legal improvements in the draft amendments to the Law on Pharmacy 2016, foreign-invested enterprises are expected to get thumbs-up for future performance. Darrell Oh, chairman of the Pharma Group, discussed with VIR’s Bich Thuy about what lies ahead.
hanoi approves ambitious green bus plan

Hanoi approves ambitious green bus plan

Hanoi People’s Council approved a plan to develop public transport by using electric buses and green energy on July 4.
vietnam sees fastest growth in millionaires globally

Vietnam sees fastest growth in millionaires globally

Vietnam saw the fastest growth in millionaires globally between 2013 and 2023, with a 98 per cent increase in the number of individuals with a net worth of over $1 million.