Global Companies to Target Vietnam as A New Luxury Hub

Global Companies to Target Vietnam as A New Luxury Hub

Vietnam has recently become a new destination for several luxury brands to expand their presence, thanks to its fast-expanding middle-class and robust economic growth. Specifically, Lamborghini, the Italian luxury automobile manufacturer, has recently marked its...
Vietnam on Its Way to Becoming The Next Global Manufacturing Hub

Vietnam on Its Way to Becoming The Next Global Manufacturing Hub

At a recent Investment Promotion Conference in Vinh Phuc province, a representative of Compal, a Taiwanese company specializing in electronic devices, has announced the operation of a laptop plant valued at USD 500 million. The company is currently a manufacturer for...
Stricter Measures to be Proposed to Control Motorbike Use in HCMC

Stricter Measures to be Proposed to Control Motorbike Use in HCMC

Recently, several experts in Ho Chi Minh City (HCMC) have urged the authorities to impose tougher measures to limit the use of motorcycles, which are the local’s favorite means of transportation due to convenience. According to the Director of Transport Development...
Positive Outlook for Vietnam’s Pharmaceutical Companies

Positive Outlook for Vietnam’s Pharmaceutical Companies

Drug companies’ earnings have surged during the first quarter of 2022 due to high demand for Covid-19 medicines and other relevant products. DHG Pharmaceutical JSC, the country’s largest pharmaceutical firm, recorded a 25% increase in profits, topping at VND 255...