Vingroup Produces Smartphone Called Vsmart

Set-up factory in Vietnam

Vingroup has just announced that they will manufacture electronic devices, starting with the smartphone branded Vsmart. Implementing the strategy to expand the field of industrial production, following the VinFast automobiles and electric scooters production project, Vingroup established VinSmart Company with a charter capital of 3,000 billion VND. VinSmart will operate in two main areas. The … Read more

Car Booking Application of Indonesia Pours 500 Million USD in Vietnam and Three Other Countries

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Go-Jek – a car booking application from Indonesia has decided to pour 500 million USD to invest in Vietnam and 3 other countries. Go-Jek – Indonesia’s most popular car sharing application has announced it will invest about 500 million USD to join four new markets, which are Vietnam, Thailand, Singapore and the Philippines in the … Read more

Progress of Solar Power Plant Projects Approval up to June 2019

Energy consultant in Vietnam

It appears that the implementation plan of national power has revealed a number of difficulties and limitations. In particular, many power projects have encountered slow progress compared with the plan, especially power projects in the South such as Long Phu I, Long Phu II, Song Hau I, Song Hau II, Vinh Tan III … The … Read more

Improving Business Environment and Enhancing National Competitiveness in 2018

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After four years of implementation of resolutions 19-2016/NQ-CP, 19-2017/NQ-CP, 19-2018/NQ-CP of the Government, business environment and competitiveness of Vietnam have continuously improved. According to the research, in 2017, the business environment, enhance competitiveness has achieved positive results; National competitiveness increased 5 levels compared to 2016 (increased from 60/138 to 55/137); business environment increased 14 levels … Read more

Over 4 Months, 8 Billion USD FDI Capital Poured into Vietnam

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According to the Foreign Investment Department – Ministry of Planning and Investment, in the first 4 months of 2018, total registered foreign investment capital in Vietnam reached 8.06 billion USD, equaling 76.1% over the same period in 2017. It shows that Vietnam still an attractive destination for foreign investors to invest in Vietnam. Overview of … Read more