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European business leaders show optimism for 2021

European business leaders show optimism for 2021

European business leaders ended 2020 more optimistic about Vietnam’s trade and investment environment than at any point since the outbreak of Covid-19, according to the Business Climate Index (BCI) from the European Chamber of Commerce.

Intel invests additional $475 million in Vietnam

The investment helps enhance the manufacturing of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and 10th Gen Intel Core processors.

Wink Hotels announces first opening in March

The 237-room Wink Hotel Saigon Centre located at 75 Nguyen Binh Khiem, district 1, is scheduled to open in March 2021.

KN Van Ninh solar power plant inagurated in Khanh Hoa

KN Van Ninh Solar Power Investment and Development Co., Ltd on December 26, 2020, launched the inauguration ceremony of KN Van Ninh solar power plant project.

Nomura ventures into large-scale township project in the north

Nomura Real Estate Development Co., Ltd. has agreed to participate in a condominium housing project within the Ecopark, a large-scale development project undertaken by local developer Ecopark Corporation in Hung Yen province.

$10-billion offshore wind project signs major site investigation contracts

With an estimated capital expenditure of up to $10 billion and a capacity of 3.5 GW, La Gan is one of the first large scale offshore wind projects in Vietnam.

New council to help unlock full potential of EVFTA

The European Chamber of Commerce (EuroCham) and the Vietnam Chamber of Commerce and Industry (VCCI) has established a new bilateral forum to support the smooth and successful implementation of the EU - Vietnam free trade agreement (EVFTA).

Staycation saves tourism industry amid Covid-19

Amid travel restrictions and general public wariness around safety, staying in a hotel close to home – and in many cases, the same city – is on the rise from the U.S. to Britain and Vietnam.

Nghe An greenlights two FDI projects

The central province has granted the investment registration certificate to a $100 million project and the investment memorandum for a $300 million project.

Phu Yen JSC wins $186-million loan from ADB to build solar power plant

The Asian Development Bank (ADB) and Phu Yen TTP Joint Stock Company (Phu Yen JSC) has signed a $186 million loan to develop and operate a 257 MW solar power plant in Hoa Hoi, Phu Yen province, through the country’s first certified green loan.

Vietnamese eager to travel in aftermath of coronavirus

Latest reports conducted by tourism and hospitality organizations reveal that people in Vietnam are very keen to travel, outlining health, safety and hygiene factors as top priorities when choosing destinations and booking accommodation.

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