The Vietnamese market surged to over US$1 billion last year, nearly double the figure logged in 2022. Currently, most of those participating in the local data centre segment are domestic telecommunications companies.

Through the deal signed in Seoul on March 22, the two companies will jointly develop the 700 MW project, which is designed to consist of 300MW of onshore wind power, 300MW of rooftop solar power, and 100MW of onshore solar power.

Visa, a global leader in digital payments, has provided its insights into Vietnam’s payment landscape with its latest Consumer Payment Attitudes study that highlights the surge in cashless transactions among Vietnamese consumers.

Amid the rapid escalation of prices, industry experts emphasise the importance of proactive planning for businesses. They recommend establishing strong connections and developing raw material areas to ensure a stable supply of goods and create specific order plans.

After many fluctuations in supply and prices last year, global rice trade continues to be "hot" from the beginning of this year.

As they have a proven track record of complying with payment obligations, implementing a non-100 per cent pre-funding trading mechanism for this group helps mitigate risks.

In particular, the fiber industry worldwide is at a loss, not just in Việt Nam.

Prime Minister Phạm Minh Chính has asked the Mekong Delta province of Tiền Giang to fully tap its potential and advantages in order to become an economic powerhouse in the region by 2030.

The SSC has proposed that the MPI work alongside other relevant ministries and agencies to expand foreign ownership limits in non-essential sectors.

The Ministry of Information and Communications has decided to revoke licences of 30 postal enterprises in Hanoi.

BCG Energy, a member of Bamboo Capital Vietnam, has freshly signed a cooperation agreement with SK ecoplant, one of the Republic of Korea's leading investors in renewable energy, to build a solar and wind power plant with a capacity of 700 MW in Vietnam.

Prime Minister Pham Minh Chinh has asked Tien Giang to transform itself into an industrial and service-oriented province, acting as an economic growth pole of the Mekong Delta.

By rapidly building a favourable environment for investors, Binh Dinh province has grown to be an appealing economic hub in central Vietnam, attracting both domestic and foreign investments in all key sectors.

Vietnam's ambition to elevate its stock market from "frontier" to "emerging" status by 2025 faces two key hurdles, including pre-trade margin requirements for foreign investors and foreign ownership ratios in certain sectors, said Deputy Director of the Securities Market Development Department under the State Securities Commission (SSC) Pham Thi Thuy Linh.

In 2023, Bình Định Province ranked 18 out of 63 provinces in terms of competitiveness index, while securing the top position in terms of satisfaction among its residents and businesses.

Several Vietnamese companies, including FPT, Viettel AI, VNPT AI and VIN AI, are deeply engaged in AI research and application.

Prime Minister Phạm Minh Chính has asked the Mekong Delta province of Vinh Long to fully tap its potential and advantages to become a modern and ecological province.

A working delegation from the northern province of Thai Binh, in collaboration with the Switzerland-Vietnam Business Gateway (SVBG) and the Swiss-Asian Chamber of Commerce (SACC), held a seminar in Zurich city on March 22 to showcase local investment potential and attract Swiss businesses to the locality.

Vietnam's economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations. 2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam.

Prime Minister Pham Minh Chinh has asked the Mekong Delta province of Vinh Long to fully tap its potential and advantages to become a modern and ecological province, with a development level higher than the national average.