South Korea seeks participation in Vietnam’s nuclear power, high-speed rail projects
EconomySouth Korea has proposed deeper involvement in Vietnam’s major infrastructure and energy projects, including nuclear power and high-speed rail, as part of a broader push to strengthen bilateral ties, heard a meeting between Vietnamese Prime Minister Le Minh Hung and President of the Republic of Korea Lee Jae Myung in Hanoi on Thursday.
US firm seeks full control of Cai Mep LNG terminal in Ho Chi Minh City
EconomyAG&P LNG, a subsidiary of U.S.-based energy investment firm Nebula Energy, has agreed to acquire the remaining stake in the Cai Mep LNG terminal in Ho Chi Minh City, paving the way for full ownership and a stronger presence in Vietnam’s liquefied natural gas sector.
Japanese firm opens $21mn tempura batter plant in Ho Chi Minh City
EconomyJapanese grain solution company Showa Sangyo, which was the first producer in the world to sell the tempura batter mix, officially put into service a US$21-million production facility in Ho Chi Minh City in late March, marking a significant expansion into Vietnam and the broader ASEAN market.
IAEA reaffirms readiness to support Vietnam’s nuclear power development
EconomyThe International Atomic Energy Agency (IAEA) has reaffirmed its support for Vietnam in strengthening infrastructure for the safe and effective development of a nuclear power program in line with international standards, according to deputy director general of IAEA Mikhail Chudakov.
Charging station, battery-swapping investment race heats up in Vietnam
EconomyRising fuel prices and accelerating demand for electric vehicles are fueling a fierce investment race in charging stations and battery-swapping infrastructure across Vietnam.
Vietnam set to become Southeast Asia’s second-largest economy by PPP: IMF
EconomyVietnam is expected to become Southeast Asia’s second-largest economy by purchasing power parity (PPP), behind Indonesia, between 2026 and 2031, after surpassing Thailand and several regional peers, according to the International Monetary Fund (IMF).
Green transition opens new growth space for Vietnamese firms
EconomyAs environmental pressures intensify globally, Vietnamese enterprises are increasingly embracing green transformation in order to not only meet market demands but also seize emerging opportunities and sharpen their competitive edge.
CBC-backed Dawn buys control of Vietnam medical device distributor Pinnacle
EconomySINGAPORE -- Dawn Medical Technologies has acquired a controlling stake in Pinnacle Health Equipment, the companies said on Wednesday, giving the CBC Group-backed buyer a foothold in Vietnam.
Lego says no regrets over Vietnam investment as green transition shapes strategy
EconomyDanish toy giant Lego Group says it has no regrets about choosing Vietnam as an investment destination, citing the country’s access to a young Southeast Asian consumer market and its strong commitment to the green transition, according to a senior company executive.
China not pursuing trade surplus with Vietnam: Chinese ambassador
EconomyChina does not view a trade surplus with Vietnam as a strategic objective, underscoring a willingness to expand imports of high-quality Vietnamese goods as part of efforts to rebalance bilateral trade, Chinese Ambassador to Vietnam He Wei told a press briefing in Hanoi on Tuesday.
