Vietnam-based Boviet Solar to invest $294 mln in photovoltaics plant in US

Vietnam-based Boviet Solar to invest $294 mln in photovoltaics plant in US

Vietnam-based Boviet Solar Technology Co. Ltd. (Boviet Solar) will invest $294 million in a photovoltaics (PV) factory in Pitt County, North Carolina, the United States.

Energy - Sat, April 27, 2024 | 12:28 pm

US's human rights report has 'inaccurate information about Vietnam situation'

US's human rights report has 'inaccurate information about Vietnam situation'

Vietnam on Thursday said it has ‘regrets’ over the recent annual human rights report released by the U.S. Department of State.

Society - Thu, April 25, 2024 | 10:05 pm

Increased US imports propels Vietnam wood industry growth

Increased US imports propels Vietnam wood industry growth

Export of wood and wood products reached $3.5 billion in the first three months of 2024, dominated by the U.S. with $1.9 billion, up more than 36.4% year-on-year.

Economy - Wed, April 24, 2024 | 8:09 am

US chip giant Nvidia delegation discusses AI, semiconductor cooperation with Vietnam

US chip giant Nvidia delegation discusses AI, semiconductor cooperation with Vietnam

Executives from U.S. chip and Artificial Intelligence (AI) giant Nvidia led by vice president Keith Strier are in Vietnam to explore investment opportunities in AI and semiconductors.

Industries - Tue, April 23, 2024 | 10:03 am

Vietnam a major source market for international buyers: trade ministry

Vietnam a major source market for international buyers: trade ministry

Big Lots of the US, Mexico’s Coppel and Venezuela's Latiquim are among major buyers looking to set up offices, find partners or directly purchase Vietnamese products, according to Vietnam's Ministry of Industry and Trade.

Companies - Sat, April 20, 2024 | 9:17 am

US First Solar seeks approval to expand capacity of Vietnam plant

US First Solar seeks approval to expand capacity of Vietnam plant

First Solar, an American manufacturer of solar panels, is seeking Vietnamese authorities' nod to enlarge the capacity of its VND23.9 trillion ($942.5 million) factory in Ho Chi Minh City.

Energy - Tue, April 16, 2024 | 10:46 am

US dollar hits new high versus Vietnam dong

US dollar hits new high versus Vietnam dong

The U.S. dollar has continued to strengthen against the Vietnamese dong, reaching a new high at commercial banks and causing another headache for the country’s central bank, which has been ordered to stem gold fever.

Banking - Tue, April 16, 2024 | 10:40 am

US investment firm Rosen Partners eyes tourism projects in Vietnam

US investment firm Rosen Partners eyes tourism projects in Vietnam

Managing director of US real estate development firm Rosen Partners LLC said he was excited about the potential for investment in Vietnam, particularly in tourism projects such as a world-class entertainment complex.

Companies - Mon, April 8, 2024 | 2:55 pm

US company steps up AI investment in Southeast Asia

US company steps up AI investment in Southeast Asia

The U.S. chip manufacturer Nvidia is planning to build a $200 million artificial intelligence (AI) centre in Indonesia as part of its push into Southeast Asia.

Southeast Asia - Sat, April 6, 2024 | 9:41 pm

US retailer Big Lots opens buying office in Vietnam

US retailer Big Lots opens buying office in Vietnam

U.S. discount retailer Big Lots, Inc. has announced the opening of international buying offices in Ho Chi Minh City and Shanghai in a move to strengthen its global product sourcing model.

Companies - Wed, April 3, 2024 | 11:32 am

US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

US chip tool maker Lam Research eyes $1-2 billion investment in Vietnam

California-based chip manufacturing equipment supplier Lam Research has plans to partner with Korea’s Seojin Company to develop factories and establish a supply chain with an investment of $1-2 billion in the first phase as it seeks to expand in Asia.

Industries - Thu, March 21, 2024 | 11:09 am

US firms keen on boosting presence in Vietnam after historic relationship upgrade

US firms keen on boosting presence in Vietnam after historic relationship upgrade

A U.S. business delegation, including 3M, AES, Amazon, FedEx, and Meta, is exploring business opportunities in Vietnam, the largest visit of its kind since the U.S. and Vietnam double upgraded their relations to a Comprehensive Strategic Partnership.

Companies - Tue, March 19, 2024 | 4:22 pm

Vietnam third largest cryptocurrency gainer in 2023: US analysis firm

Vietnam third largest cryptocurrency gainer in 2023: US analysis firm

Vietnam ranked third in the world for cryptocurrency gains in 2023, only after the U.S. and UK, with nearly $1.2 billion, according to U.S. blockchain analysis firm Chainalysis.

Finance - Tue, March 19, 2024 | 2:45 pm

Importance of US companies in Vietnam far beyond mere FDI statistics: business council

Importance of US companies in Vietnam far beyond mere FDI statistics: business council

Statistics on foreign direct investment (FDI) announced by the Vietnamese government do not fully reflect the importance of U.S. companies to the country’s economic and export growth, said a representative of the U.S.-ASEAN Business Council (USABC).

Economy - Tue, March 19, 2024 | 10:10 am