dealerships hoping for buying spree amid weak results

Dealerships hoping for buying spree amid weak results

Despite the government’s stimulus efforts and the entry of numerous Chinese brands, car buying in Vietnam is still weak and the competition is getting fiercer.
boway group to invest 350 million in solar manufacturing facility

Boway Group to invest $350 million in solar manufacturing facility

China's Boway Group has inked a land lease agreement in Cong Hoa Industrial Park in the northern province of Hai Duong. The group is planning a $350 million advanced solar manufacturing facility, with operations set to commence in 2024.
chinese battery firm gotion invests 150 million in vinfast

Chinese battery firm Gotion invests $150 million in VinFast

Chinese battery manufacturer Gotion Inc. has agreed to acquire 15 million ordinary shares of VinFast through a private issuance valuing the shares at $10 apiece, with an investment totalling $150 million, representing 0.7 per cent of VinFast's total equity.
huawei registers rise in first half revenue

Huawei registers rise in first half revenue

Chinese tech giant Huawei announced its business results for the first half of 2023 on August 11, showing a slight increase in revenue.
chinese victims in traffic accident in khanh hoa return home

Chinese victims in traffic accident in Khanh Hoa return home

All 18 victims who were injured in a recent serious traffic accident on Khanh Le Pass in the south-central province of Khanh Hoa have recovered and been discharged from the hospital.
vietnams energy sector sparks interest from chinese corporations

Vietnam's energy sector sparks interest from Chinese corporations

The energy sector in Vietnam has piqued the interest of Chinese corporations, paving the way for collaborations and potential investments in renewable energy projects.
diplomatic efforts assist chinese killed in khanh hoa traffic accident spokesperson

Diplomatic efforts assist Chinese killed in Khanh Hoa traffic accident: spokesperson

The Vietnamese Ministry of Foreign Affairs is actively coordinating with competent domestic agencies, Khanh Hoa province, and Chinese diplomatic missions in Vietnam to handle issues relating to the traffic accident in Khanh Hoa and complete necessary procedures for the deceased in accordance with the law, the ministry’s spokesperson Pham Thu Hang said on July 20.
china strengthens investment in cambodia

China strengthens investment in Cambodia

The Council for the Development of Cambodia (CDC) has announced that it approved 113 new investment and expansion projects with combined registered capital of about 1.1 billion USD in the first half of this year, of which nearly 65 per cent came from Chinese investors.
vietnam sees modest recovery of international tourism

Vietnam sees modest recovery of international tourism

Despite substantial domestic growth in H1/2023, Vietnam's international tourism recovery has been slow. The figures have only reached 60 per cent of pre-pandemic levels, with a mere 9 per cent recovery of the crucial Chinese market.
vietnam examines hot rolled coil imports from malaysia thailand and china

Vietnam examines hot-rolled coil imports from Malaysia, Thailand, and China

The domestic industry claims that Malaysian, Thai, and Chinese hot-rolled coil (HRC) products have been distributed in the Vietnamese market.
raft of plans boosted with chinese ties

Raft of plans boosted with Chinese ties

China is set to open its doors wider to Vietnamese exports and facilitate its big companies to invest heavily in Vietnam with high-quality projects.
chinese conglomerates express strong interest in expanding investments in vietnam

Chinese conglomerates express strong interest in expanding investments in Vietnam

Top Chinese groups, including Texhong Group, Goertek Group, and Energy China Group, have shown significant enthusiasm for expanding their investments across various sectors in Vietnam, signalling the country's growing appeal as a lucrative business destination.
pm calls for more chinese investments

PM calls for more Chinese investments

Prime Minister Pham Minh Chinh called on Chinese investors to expand investment in Vietnam, while addressing the Vietnam - China Trade and Investment Cooperation Forum in Beijing on June 28 within the framework of his official visit to China.
china remains vietnams top pepper export market

China remains Vietnam's top pepper export market

Vietnam has exported 2,657 tonnes of pepper to the Chinese market in the first two weeks of mid-June, while eports to the United States and EU fell.
two chinese energy storage manufacturers consider investments in vietnam

Two Chinese energy storage manufacturers consider investments in Vietnam

Two Chinese companies, Xiamen Hithium Energy Storage Technology and Growatt New Energy, are contemplating significant investments worth hundreds of millions of dollars in Vietnam's renewable energy industry. The news comes as the country's economy flourishes and electricity shortages persist.