Vietnam’s position with the global logistics space has been on the rise and can be further enhanced by addressing certain limitations. Fueled by rapid economic and trade growth, Vietnam has emerged as a significant player in the logistics arena, demonstrating an impressive upwards trajectory over recent years. The country entered the top 10 of Agility’s […]
Category Archives: News
Logicross Hai Phong marks Mitsubishi Estate’s second Logicross project in Vietnam, reaffirming its commitment to meeting regional demand for high-quality logistics facilities. Groundbreaking ceremony for Logicross Hai Phong at Nam Dinh Vu Industrial Park, held on November 19, 2024. Following the development of Logicross Nam Thuan (Long An Province), on November 19, 2024, Mitsubishi Estate […]
The policy aimed at supporting businesses and stimulating the economy. The Ministry of Finance (MoF) has proposed to build a National Assembly Resolution on reducing the VAT rate by 2% in the first six months of 2025 to support people and businesses as well as stimulate the economy. Under the proposal, the 2% reduction will […]
According to the Vice Chairman of the Vietnam Real Estate Association, speculative wave-riding and virtual surfing will no longer be possible when the Land Law, Real Estate Business Law, and Housing Law take effect. Market Only for Those with Sufficient Capability Speaking at the seminar “Real Estate Investment Focus in the New Context,” Vice Chairman […]
Hanoi, Vietnam – In a landmark event, Song Da 11 Joint Stock Company, Hyundai Electric & Machinery Company, and DP Energy Company officially signed a strategic partnership agreement, signaling a new era of collaboration in renewable energy and infrastructure development. The event, held at Lotte Center, was a testament to the growing importance of international […]
A province about 60 km from Hanoi will become the new production hub for components for SpaceX, the company owned by Elon Musk, currently the world’s richest man. SpaceX’s partners in Taiwan (China) are expanding production in Vietnam, primarily due to direct requests from Musk’s company. According to Reuters, Elon Musk recently asked Starlink’s satellite […]
Tomorrow (September 15), during the Conference on the Announcement of Planning and Investment Promotion for Bắc Ninh Province, the province will unveil three projects with a total investment of over $3 billion. In an interview with Tiền Phong newspaper, Bắc Ninh province authorities stated that during the conference announcing the Bắc Ninh Provincial Planning for […]
On September 15, during the 2024 Provincial Planning and Investment Promotion Conference, Bắc Ninh is set to officially sign a Memorandum of Understanding (MoU) with Samsung Display Vietnam for the development of a project focusing on the production of displays and electronic components at the Yên Phong Industrial Park. Key Details: According to Bắc Ninh’s […]
Foreign investment capital continued to leave China in Q3 2024, despite Beijing’s economic stimulus measures. According to China’s State Administration of Foreign Exchange, in the third quarter, direct investment liabilities on China’s balance of payments decreased by $8.1 billion, totaling a near $13 billion drop in the first nine months of the year. “Direct investment […]
Hanoi attracts $1.54 bln of FDI in 9M Phạm Long – The city licensed 197 new FDI projects. A view of Hanoi. Hanoi attracted $1.54 billion of FDI in the first nine months of the year, including 197 new projects totaling over $1.1 billion, figures from the city’s Statistics Office show. In September alone, the […]