Vietnam
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China’s Geely plans to build cars in Vietnam in US$170 million investment
GEELY Auto is planning to assemble vehicles in Vietnam as part of a series of commitments worth nearly US$170 million to expand production in the South-east Asian country. The Chinese…
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Samsung invests US$1.8 billion more in Vietnam for Oled manufacturing plant
SOUTH Korean electronic manufacturer Samsung Display plans to invest US$1.8 billion for a factory this year in northern Vietnam to produce Oled displays for automobiles and technology equipment, the South-east…
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Vietnam aims for one semiconductor fab plant, 10 packaging plants by 2030
VIETNAM aims to have at least one semiconductor fabrication plant and 10 packaging plants by 2030, and will launch a fund to help foreign investors mitigate the impacts of the…
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Ninja Van suspends operations at Vietnam subsidiary as it works to resolve delayed salary payments
LOGISTICS technology company Ninja Van is suspending the operations of a subsidiary firm in Vietnam as it works to resolve issues over delayed salary and social insurance payments to employees…
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Vietnam removes pre-funding rule for foreigners in bid for market upgrade
VIETNAM will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov 2, its finance ministry said, the country’s latest effort to boost the chances to…
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Vietnam removes pre-funding rule for foreigner investors in bid for market upgrade
VIETNAM will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov 2, its finance ministry said, the country’s latest effort to boost the chances to…
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Local, Foreign Firms Facing Months Of Recovery In Storm-hit Vietnam
Factory roofs blown off, products worth millions of dollars destroyed, supply chains disrupted: Typhoon Yagi has had a disastrous impact on local and global companies in northern Vietnam who could…
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Myanmar Battles Yagi Floods As Vietnam Begins Clear-up
Hundreds of villagers in Myanmar waded or swam through chin-high waters, fleeing severe floods around remote capital Naypyidaw on Friday, as Vietnam began clearing up after Typhoon Yagi. A swathe…
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Vietnam Farmers Lose Their Blooms As Floods Claim Crops
Vietnamese farmer Do Hong Yen estimates she lost tens of thousands of dollars when her valuable peach blossom crop was swamped by muddy waters in Hanoi’s worst flooding in two…
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Asia funds create alliance to help funnel billions into Vietnam
SEVERAL regional private equity firms have banded together to establish a Vietnamese alliance, aiming to facilitate US$35 billion of investment into the South-east Asian country over the next decade. The…
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Food Empire to invest US$80 million in new coffee manufacturing facility in Vietnam
The move is part of the group’s diversification strategy to grow its ingredients business FOOD and beverage company Food Empire is investing US$80 million in a new freeze-dried soluble coffee…
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Rescue On As Typhoon Yagi Leaves 40 Missing, 63 Dead In Vietnam
Emergency workers raced to evacuate thousands of people from severe floods Tuesday after Typhoon Yagi swept through northern Vietnam, killing 63 people and leaving 40 others missing. Yagi struck on…
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UOB Vietnam seeks faster client growth from Greater China
[HO CHI MINH CITY] UOB Vietnam is expecting accelerated growth from Greater China clients and increasing interest from US businesses, as Vietnam emerges as a key beneficiary of the shift…