Long An leverages HCMC proximity to boost logistics credentials

Long An leverages HCMC proximity to boost logistics credentials

Long An’s efforts to leverage its position as a bridge between Ho Chi Minh City and the Mekong Delta have seen it emerge as a new logistics hub.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

China e-commerce platform Alibaba to double Vietnam investment

China e-commerce platform Alibaba to double Vietnam investment

Alibaba.com, China’s major business-to-business (B2B) e-commerce platform founded by Jack Ma, plans to double its investment in Vietnam’s emerging production hubs and recruit hundreds of new staff.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate firm Alibaba chairman sentenced to life in prison

Real estate firm Alibaba chairman sentenced to life in prison

The Ho Chi Minh City People's Court sentenced Nguyen Thai Luyen, chairman of Alibaba Real Estate JSC, to life in prison on Thursday for fraudulently appropriating property.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

Malaysia tech firm K-One to set up cloud computing joint venture in Vietnam

Malaysia tech firm K-One to set up cloud computing joint venture in Vietnam

Malaysia’s K-One Technology, a partner of Amazon Web Services, Google, Microsoft and Alibaba, is in the process of setting up a cloud computing joint venture in Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan launches one-stop shop chain ahead of retail unit IPO

Masan launches one-stop shop chain ahead of retail unit IPO

Masan Group officially kicked off its multiple-service shopping platform WIN in Vietnam on Friday while planning an international initial public offering (IPO) for its consumer retail unit The CrownX in 2023-2024.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign, local retailers compete neck and neck in Vietnam

Foreign, local retailers compete neck and neck in Vietnam

Vietnam’s market size of almost 100 million people and fast economic growth are magnetizing both domestic and foreign investors, especially Asian majors.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Masan’s German tungsten firm invests $53.3 mln in UK battery maker

Masan’s German tungsten firm invests $53.3 mln in UK battery maker

H.C. Starck Tungsten Powders has signed deals to invest £45 million ($53.34 million) in the UK-based fast-charging Li-ion battery solutions Nyobolt, the Vietnamese conglomerate Masan Group’s minerals unit said.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

SLP beefs up Vietnam logistics facility expansion

SLP beefs up Vietnam logistics facility expansion

SEA Logistic Partners (SLP), an industrial and logistics facility developer backed by warehouse giant GLP, has commenced construction of a nine-hectare warehouse, its second in Bac Ninh province, an emerging manufacturing hub in northern Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7