Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Vietnam Signs USD 15.5 billion Deal to Cut Down Fossil Fuel

Under a new Just Energy Transition Partnership (JETP) signed in December 2022, developed countries will mobilize USD 15.5 billion in public and private finance over the following 3-5 years to assist Vietnam’s 2050 net zero goals.  Rich countries, the Asian...
Vietnam to Increase Business Ties with South Korea

Vietnam to Increase Business Ties with South Korea

Recently Vietnam’s Minister of Investment has reaffirmed the nation’s commitment to strengthening trade ties with South Korea in a number of industries, including finance, electronics, and construction. Vice Chairman of Jungheung Group, the largest shareholder...
Apple to Transform Vietnam into One of its New Manufacturing Hubs

Apple to Transform Vietnam into One of its New Manufacturing Hubs

Apple is looking to diversify its supply chain outside of China, with Vietnam, India, and Brazil forecasted to make up 30% of Apple supplier’s Foxconn output. Particularly, Vietnam has typically welcomed businesses eager to shift production away from China, including...
Vietnam to Seek Private Investment to Construct New Airports

Vietnam to Seek Private Investment to Construct New Airports

The Civil Aviation Authority of Vietnam (CAAV) has proposed a plan to construct nine new airports, including two in the country’s northern mountainous areas and one in a special economic zone. According to the CAAV, it is cooperating with nine provinces to submit the...