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Local lacquer to take on the world Vietnamese lacquer painting, or sơn mài, has become a precious and unique artistic craft over the course of thousands of years. Its global reputation is to be fostered now the Ministry of Culture, Sports and Tourism has officially approved a project on building and publicising a national brand for Vietnamese lacquer…
Quang Tri eyes 86 million USD logistics centre The People’s Committee of Quang Tri province has approved in principle for Dong Nam ICD JSC to develop a logistics centre, expected to cost more than 2 trillion VND (86 million USD), in the East South Quang Tri Economic Zone. The 72ha centre is slated for completion…
Large-scale Dong Nai plans remain mired in difficulties Dong Nai authorities are looking for ways to expand available industrial land to accommodate large-scale manufacturers’ needs, with the large-scale projects of Long Thanh High-tech Industrial Park and Hyosung Dong Nai highlighting how land is running scarce for new set-ups and expansion alike. Long Thanh High-tech Industrial…
Nudging investors towards new pastures There is now plenty of movement by German enterprises re-orienting from China, complementing their existing Chinese operations with new activities in Vietnam regarding sourcing and investments. Björn Koslowski, deputy chief representative of the Delegation of German Industry and Commerce in Vietnam, assesses the China+1 strategies and how they are being…
Foreign groups step up plans to enter or expand in Vietnam While China is struggling with the pandemic and is losing the confidence of foreign investors, proven resilience is pushing Vietnam to the fore as an ideal investment and manufacturing hub for Southeast Asia. Vietnam has been chosen as the ideal destination for the “China+1”…
Owning a home is a keystone of wealth… both financial affluence and emotional security.