by Teuvo Tuomi | Mar 27, 2025 | Asia, Business, Economy, Finland, News, Vietnam
Finnish textile service company, Lindström has opened its first service center in Vietnam’s Bien Hoa City. Lindström focuses on optimizing the product lifecycle in an efficient and resource-saving way. For a weekly rental fee, customers receive workwear along...
by Teuvo Tuomi | Mar 3, 2025 | Economy, Digitalization, Innovation, News, Technology, Vietnam
Vietnam will invest about VNĐ12.8 trillion (501.2 million USD) to build a small-scale semiconductor chip manufacturing plant to serve research, design, production, packaging, and testing, according to Nguyen Khac Lịch, Director of the Department of Information and...
by Teuvo Tuomi | Feb 25, 2025 | ASEAN, News, Thailand, Trade, Vietnam
Vietnam and Thailand have agreed to facilitate trade, expand market access, and work to achieve a bilateral trade target of US$25 billion soon. This commitment was made during talks between Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn and Thai...
by Teuvo Tuomi | Feb 17, 2025 | Economy, Exports, News, Vietnam
According to the Vietnam Food Association, paddy prices have decreased by 40-50% year-on-year to VND5,400-9,500 (US$0.2-0.37) per kilogram, depending on the variety. Meanwhile, the export price of Vietnam’s 5% broken rice was at $395 per ton on 14 February, the...
by Teuvo Tuomi | Jan 26, 2025 | Business, ASEAN, Asia, Economy, News, Vietnam
Vietnam is forecast to achieve a growth rate of 6.5% in 2025, maintaining its position among the fastest-growing economies in the ASEAN+3 region, according to the ASEAN+3 Macroeconomic Research Office (AMRO)’s report. This projection is lower than the country’s...
by Teuvo Tuomi | Jan 14, 2025 | China, Exports, Imports, News, Trade, Vietnam
The China Railway Group reports a sharp increase in freight transport on the China-Vietnam cross-border railway last year, marking an annual increase of 1,153%. Monthly freight volumes hit record highs in March, April, July, October, and November. Initially focusing...
