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Vietnam: Hanoi strives to become a major logistics hub

Hanoi needs a complex or a logistics center to handle the collection and delivery of goods in the metropolitan area. If Hanoi wants to become a major logistics hub of the country and Southeast Asia, it is necessary for the city to complete the logistics infrastructure system, including the last-mile delivery, according to local experts. Under the latest plan […]

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Vietnam yet to raise power prices: Deputy PM

Keeping electricity rates unchanged amid petroleum price hikes is part of Vietnam’s efforts to curb inflation and stabilize macroeconomics. Electricity prices in Vietnam will not be raised any time soon despite higher input costs, a government official has said. Nonetheless, it’s necessary to consider relating factors to keep the prices unchanged, Deputy Prime Minister Le […]

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Swire buys Coca-Cola’s Cambodia, Vietnam operations

Hong Kong-based Swire Pacific has announced it is buying the packaging and distribution operations of Coca-Cola Company’s bottling plants in Cambodia and Vietnam for $1.02 billion. The deal will see Swire buy Coca-Cola Indochina through its Swire Beverages and Swire Coca-Cola units from Coca-Cola’s (KO) subsidiary in Japan, a release said. The deal will “expand […]

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