Pharmacity Vietnam Plans 1,000 Stores

Mekong Capital, a private equity firm in Vietnam has given funding to Pharmacity, making it the eight company to receive funding from its latest financing round. Last year, the firm invested in Vua Nem, a mattress producer. Pharmacity is a pharmacy chain with 186...

Vietnam Airlines Reveals Fleet Expansion Plans

Vietnam Airlines, a state-owned enterprise, plans to expand its fleet by acquiring 50 to 75 new narrow-body aircrafts, and 10 backup engines in 2021-2025. There are several models being considered including the Airbus A320 and the Boeing 737 MAX family. Large orders...

Vietnam to Ensure Favorable Conditions for US Investment

US companies are guaranteed to have the most favorable conditions to invest and do business in Vietnam, said Deputy Prime Minister Trinh Dinh Dung at the 2019 US – Vietnam Business Summit. This was co-organized by the Vietnam Chamber of Commerce and Industry (VCCI),...

Vietnamese Market for Beauty Products Grows

The Vietnamese cosmetics market has enjoyed constant growth in recent years thanks to rapid economic development and a large young population. The market is growing at more than 8% annually and is dominated by international brands. There are approximately 400...
Work Commences on Korea-Tra Vinh Wind Farm Project

Work Commences on Korea-Tra Vinh Wind Farm Project

The construction of a new wind farm in Tra Vinh province, in the South of Vietnam, has been launched on April 24th. This is a joint project between Tra Vinh Wind Power Limited Company No. 1 (TWPC) and their partners from South Korea. The wind farm covers a total area...