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Vietnam: Thanh Hoa to expand Nghi Son EZ

HANOI — The Nghi Son Economic Zone in the central province of Thanh Hoa will be expanded to 106,000 ha, ten times larger than its initial planned size, in order to meet business demand and turn the area into a driving force for the socio-economic development of the province and the north-central region. The new master plan […]

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Vietnam: Four new projects come to VSIP Quang Ngai

QUANG NGAI — The central province of Quang Ngai officially presented investment registration certificates to four foreign companies at the Vietnam-Singapore Industrial Park (VSIP)-Quang Ngai, with total investment of US$321 million, on Wednesday. These represent the newest projects at the VSIP Quang Ngai, bringing total foreign direct investment (FDI) in the park to $733 million since construction […]

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Vietnam: CPTPP to raise national GDP

HANOI — The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help raise Vietnam’s gross domestic product (GDP) by 1.3 per cent, according to an official from the Ministry of Planning and Investment (MPI).  The number may amount to 2.1 per cent if there are more open policies for services, Tran Toan Thang, director […]

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Vietnamese firm launches ride-hailing app in Myanmar

FastGo, the Vietnam-based ride hailing company, has expanded into Myanmar, making it the first Vietnamese firm in the ride-hailing sector to expand its operations to a foreign market. FastGo plans to introduce its services in big cities in Myanmar and is targeting two million users and 100,000 drivers within its first year of operations. In […]

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