Vietnam Removes Foreign Ownership Limits in the Cloud and Data Sector

Vietnam Removes Foreign Ownership Limits in the Cloud and Data Sector

Aug 16, 2024

Vietnam has announced that foreign investors are now allowed to own data centers within the country. These new rules have emerged because the domestic market has struggled to meet the increased need for data storage. The recently enacted Law on Telecommunications...
Vietnam Partners with Czech Republic for Environmental Protection

Vietnam Partners with Czech Republic for Environmental Protection

Aug 16, 2024

In a meeting with representatives from the Vietnamese Embassy in the Czech Republic in July 2024, Mega Group’s CEO outlined the company’s core activities and ongoing projects, highlighting water treatment as a key area of expertise. Particularly, the Czech’s...
Samsung Electronics Leads the Shift to Renewable Energy in Vietnam

Samsung Electronics Leads the Shift to Renewable Energy in Vietnam

Aug 16, 2024

Samsung Electronics Co. has announced that its facilities in Vietnam would enhance their eco-friendly operations by purchasing renewable energy directly through the new Direct Power Purchase Agreement (DPPA) system introduced by the Vietnamese government. The...
Vietnam and South Korea Reinforce Partnership through Trade

Vietnam and South Korea Reinforce Partnership through Trade

Aug 16, 2024

Vietnam and the Republic of Korea have recently enhanced their economic cooperation. The parties stressed the need for close coordination and practical measures to achieve their target of boosting bilateral trade to USD 100 billion by 2025, the tenth anniversary of...