Toto to Invest in a New Faucets Factory in Vietnam

Toto to Invest in a New Faucets Factory in Vietnam

Toto Ltd. has announced that it will build a new factory for faucets in northern Vietnam to meet growing global demand. Toto will invest about JPY 10 billion (USD 86.9 million)  in the new plant. Construction started in January 2022, with operations scheduled to begin...
Ho Chi Minh City to Implement E-Transportation

Ho Chi Minh City to Implement E-Transportation

Rapid urbanization and economic development have placed enormous pressure on Ho Chi Minh City to meet people’s needs while minimizing negative environmental impacts. To address these issues, the city is set to conduct a study on the e-transportation development...
Investments Flow into Medical Start-ups

Investments Flow into Medical Start-ups

Over the past two years, the Covid-19 pandemic has spurred capital inflow into Vietnamese start-ups operating in the medical technology, medicine, and healthcare sectors. Doctor Anywhere has recently confirmed that it has raised USD 65.7 million in a funding round...
Vietnam a Potential Market for Luxury Brands

Vietnam a Potential Market for Luxury Brands

Vietnam has a huge potential to become a new destination for luxury brands in the near future. The country’s rising high-income consumers are the main attribute to the positive outlook of the market. Specifically, Vietnam’s GDP per capita has increased nearly three...