European grid investment plans face 250 billion euro shortfall
World 16:58 10/07/2025LONDON - The European electricity transmission system operator's (TSO) investment plans to upgrade and expand power grids over the next five years face a 250 billion euro ($293 billion) shortfall, a report by Boston Consulting Group (BCG) said on Thursday.
Investing in Vietnam a way for foreign enterprises to tap Asian market
In-Depth 13:46 06/07/2025Despite ongoing tariff shifts prompting global supply chain recalculations, Vietnam continues to be regarded as a vital ‘gateway’ for foreign enterprises seeking access to the Asian market of over 4.8 billion people.
THACO eyes metro line No. 2 in Ho Chi Minh City, rail link to Long Thanh airport
Ho Chi Minh City 15:05 01/07/2025Vietnamese conglomerate Truong Hai Group (THACO) has proposed a plan to study and invest in two major projects in Ho Chi Minh City, including the construction of metro line No. 2 and a railway linking the Thu Thiem urban area to the underway Long Thanh International Airport project in neighboring Dong Nai Province.
US businesses explore new investment opportunities in central Vietnam
Economy 12:04 24/06/2025Hundreds of Vietnamese and American experts, policymakers, and business leaders gathered on Monday in Da Nang City, central Vietnam for the forum titled ‘Harnessing the Power of U.S. Investment in Central Vietnam.’
Vietnam’s Binh Dinh awards investment certificate for $1bn project to Swedish firm
Economy 10:12 14/06/2025As part of Vietnamese Prime Minister Pham Minh Chinh's official visit to Sweden, Ho Quoc Dung, secretary of the Party Committee of Binh Dinh Province, south-central Vietnam, on Thursday presented an investment certificate for a US$1 billion polyester textile recycling complex project to Swedish company SYRE Impact AB.
Investment alliance eyes $100bn North-South high-speed rail project in Vietnam
Economy 11:19 10/06/2025A Vietnamese-American investment alliance has made an ambitious proposal to develop Vietnam’s North-South high-speed railway, pledging to finance the entire US$100 billion project independently.
Private firm eyes investment in Ho Chi Minh City’s metro line No. 4
Ho Chi Minh City 14:40 08/06/2025Vice-chairman of the Ho Chi Minh City People’s Committee Bui Xuan Cuong has assigned the municipal Department of Finance to cooperate with the Department of Construction and other relevant units to review the proposal for investing in the city’s metro line No. 4, submitted by Sovico Group, a founding shareholder of air carrier Vietjet Air.
Oman Investment Authority eyes $1bn commitment to Vietnam amid growing ties
Economy 12:04 01/06/2025After nearly two decades of presence in Vietnam, the Oman Investment Authority (OIA) is set to significantly increase its footprint in the country, expressing readiness to expand its total investment to US$1 billion and establish a new growth-focused investment fund in partnership with its Vietnamese partner.
Vietnamese, Japanese, Middle Eastern firms to invest $6bn in Ho Chi Minh City projects
Economy 09:20 20/05/2025Vietnam’s Kogi Technology Group signed cooperation agreements with Japan’s Mazda Oil and Kenwa Group, as well as some partners from the Middle East, in Ho Chi Minh City on Monday to invest US$6 billion in two energy infrastructure and green industrial production projects in the southern metropolis.
Hundreds of South Korean firm leaders set to arrive in Vietnam
Economy 15:04 14/04/2025Hundreds of South Korean officials and business leaders are preparing to arrive in Vietnam this week to attend the CICON Vietnam 2025, an international economic cooperation conference, signaling a new wave of high-quality foreign direct investment (FDI) from South Korea into the Southeast Asian country.
Japanese corporations expand investment in Vietnam’s Long An Province
Economy 11:55 08/04/2025A delegation from Long An Province, southern Vietnam signed several important memorandums of understanding and cooperation agreements with major Japanese corporations at a recent investment promotion program held in Japan, the provincial administration said on Monday.
Vietnam’s Geleximco Group plans to invest $800mn in car manufacturing plant
Economy 13:54 19/09/2022The project is expected to cost about $800 million and will be divided into two phases
