Dong Tam Group of Vietnam and CS Wind Group of the Republic of Korea (RoK) on September 10 signed a cooperation agreement on land leasing for a large-scale wind power equipment factory in the Mekong Delta province of Long An with a total investment capital of 200 million USD.

Demand for industrial land remains high, especially in the southern region, with ready-built warehouses and factories increasingly attracting investors, according to Savills Vietnam.

Construction on the plant is expected to begin in March 2025 and be completed in January 2028.

Over the past six months, the Vietnamese economy has recorded many important and encouraging achievements, showing the economy’s rebouncing to the pre-COVID-19 level, with many bright spots.

Vietnam ranked 49th out of 89 economies in term of real estate transparency, according to a recent global real estate transparency index (GRETI) 2024 rankings by global property services firm Jones Lang LaSalle (JLL).

Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.

The Vietnamese agricultural sector has taken great strides toward sustainability, contributing to the nation’s green growth and its commitment to climate change response. 

Bank credit in August is showing signs of recovery after a decline in July, according to the State Bank of Vietnam (SBV).

The National Power Transmission Corporation (EVNNPT, and the Central Vietnam Power Project Management Board (CPMP), in collaboration with competent sides, sent power to the Quang Trach – Quynh Luu Circuit-3 500kV transmission line on August 27.

Indonesia has increased its rice import demand by 30,000 tonnes in August compared to the previous month, bringing the total to 350,000 tonnes, according to the latest tender announcement from the Indonesian National Logistics Agency (Perusahaan Umum BULOG).

Although the Mid-Autumn Festival is almost one month away, local mooncake producers are trying to catch consumers' attention and stir demand by introducing a wide range of products that are both diverse in design and rich in flavor, aligning with modern market trends.

Vietnamese experts and intellectuals living abroad have agreed that Vietnam has significant opportunities to develop the semiconductor industry and needs to prepare conditions to effectively attract investment in the packaging sector.

The Executive Board of the Vietnam Women Forum in Europe (VWFE) held a working session with the Hanoi Association for Women Entrepreneurs (HNEW) on August 21 to strengthen connections between Vietnamese women in the country and those in Europe.

Vice Chairman of the Can Tho municipal People's Committee Duong Tan Hien had a meeting with Farchad Kaviani, Managing Director of Southeast Asia of SUEZ Group of France on August 20, during which they discussed the possibility of cooperation in projects related to water supply, wastewater treatment, and waste management.

Vietnam has always proactively applied and responded to trade defence measures (TMFs) in international trade to prevent negative impacts of massive imports, unfair competition and protect domestic manufacturing industries.

Ho Chi Minh City’s food and foodstuff sector is doing well in terms of exports, but has to heed the green production trend, experts have said.

Many banks have issued large amounts of bonds to raise thousands of billions of VND, pushing interest rates to around 8% per year, much higher than that of normal savings.

Vietnam’s export turnover of processed and manufactured industrial goods hit nearly 192 billion USD in the first seven months of 2024, accounting for 84.6% of the total export value, up 15.4% year-on-year, the Ministry of Industry and Trade (MoIT) has reported. 

Companies should apply international financial reporting standards (IFRS) to improve transparency and increase the chances to expand globally, experts have said.

The hotel industry is lagging amid low occupancy rates, though room rates are almost at 2019 levels in most areas, according to Savills Hotels.