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Daiwa House Logistics Trust acquires cold storage asset in Vietnam

02-01-2024 17:31

On December 29, Daiwa House Asset Management Asia Pte., Ltd., as manager of Daiwa House Logistics Trust (DHLT), announced the acquisition of D Project Tan Duc 2, a built-to-suit cold storage facility located in Long An province.

JICA sign $290 million ODA agreement for Ben Thanh-Suoi Tien Urban Railway

02-01-2024 17:26

The Japan International Cooperation Agency (JICA) signed a loan agreement with the Vietnamese government in Hanoi on December 29 to provide an official development assistance (ODA) loan of approximately $290 million for Line1 of the Ho Chi Minh City Urban Railway project.

Crowne Plaza Phu Quoc Starbay beckons international travellers

02-01-2024 11:36

Embraced by the unspoiled beauty of Phu Quoc Island’s northern terrain, Crowne Plaza Phu Quoc Starbay sets the stage for a memorable stay.

2024 an optimistic year for tourism & hospitality

02-01-2024 10:10

Vietnamese tourism has exceeded the goals set for 2023, with the number of international tourists in 2023 reaching over 12 million, equivalent to 70 per cent of pre-pandemic levels in 2019.

The right time for US to invest in Vietnam’s energy

02-01-2024 09:34

The Vietnamese government has made strong commitments to the energy transition. Gregory Testerman, chairman of the American Chamber of Commerce for Ho Chi Minh City and the central city of Danang, gave VIR’s Bich Ngoc his assessment on US investor interest in the Vietnamese energy market.

Vietnam’s diverse attractions must be promoted

02-01-2024 09:00

We were very grateful for the government’s support for the tourism industry in 2023. This has boosted the number of international tourists to Vietnam, especially from Europe. Our hotel in Cam Ranh had its best year in company history last year, with high occupancy rates and positive feedback from our guests.

More work to do to boost tourist number performance

02-01-2024 07:00

Tourism is still suffering, particularly in the normal tourism hotspots such as Nha Trang, Danang, Phu Quoc, Halong, and Dalat, where tourism numbers are well down from 2022 figures and many hotels have still not reopened.

Vietnam's pharmaceutical market: burgeoning $7 billion industry

01-01-2024 11:00

According to the latest report by MB Securities (MBS), Vietnam's pharmaceutical industry, valued between $6 billion - $7 billion in 2022, is a burgeoning sector with over 70 per cent of its revenue originating from prescribed drugs.

Vietnamese adaptation of ChatGPT launched

01-01-2024 09:00

VinBigdata, a part of the conglomerate Vingroup, on December 27 announced the official launch of ViGPT, the first Vietnamese adaptation of the ChatGPT application, targeting both end-users and businesses. This move is seen as a significant leap in the country's growing AI industry.

Coca-Cola embraces cultural unity with Lunar New Year campaign

29-12-2023 18:50

On December 22, Coca-Cola Vietnam launched its Lunar New Year 2024 campaign, themed "Gan Ket Lam Nen Tet Dieu Ky" (Unite for a Magical Lunar New Year), celebrating cultural heritage and fostering intergenerational connections by highlighting shared experiences within families.

Six dead in floods in southern Thailand

29-12-2023 17:08

Floods in southern Thailand have killed at least six people and affected tens of thousands of households, authorities said on December 27.

Vietnamese economy expands 5.05 per cent in 2023: GSO

29-12-2023 16:48

Vietnam’s gross domestic product (GDP) growth rate is estimated at 5.05 per cent in 2023, the General Statistics Office (GSO) announced on December 29.

WB-funded agriculture project benefits 29,000 farmer households in Soc Trang

29-12-2023 16:12

As many as 29,000 farmer households in the Mekong Delta province of Song Trang benefited from the Vietnam Sustainable Agriculture Transformation (VnSAT) project funded by the World Bank, heard a conference to review the project in the locality on December 28.

Chinese smartphone giant Xiaomi unveils first electric car

29-12-2023 09:40

Chinese consumer electronics giant Xiaomi unveiled its first electric car model on Thursday, with its boss declaring ambitions of becoming a global automotive powerhouse despite fierce competition at home.