Additional USD 344 Million Investment for Flood Prevention in HCMC

Ho Chi Minh City (HCMC) is projected to carry out 218 anti-flood projects with a total cost of nearly USD 344 million (VND 8 trillion) in 2019 to address chronic flooding and improve the water Environment within the city’s area. According to the flood reduction...

Two Recent M&A Deals in Vietnam’s Retail Sector

In early April 2019, VinCommerce, a retail subsidiary of local conglomerate Vingroup, took over convenience store chain Shop&Go for a symbolic value of 1 USD. Shop&Go is a brand from Singapore, which ran the first convenient store in Vietnam in 2006. It has...

USD 600,000 Project to Expand Vaccine Access in Vietnam

The National Institute of Vaccines and Medical Biologicals (NICVB), the National Institute of Hygiene and Epidemiology (NIHE) in Vietnam are collaborating with Zuellig Pharma (Zuellig) for a USD 600,000 project to expand access to vaccines through the use of eZCooler...

Foreign Solar Panel Manufacturers Setting up Facilities in Vietnam

Vietnam is becoming a  favored destination for solar photovoltaics (PV) manufacturers, driven by the low costs of Manufacturing in Vietnam combined with rising global demand and US tariffs of up to 165% on crystalline silicon PV solar imports from China and Taiwan to...