Indonesia accelerates modern agricultural transformation
Indonesia is pushing for a shift from traditional to modern agriculture through the development of high-tech agricultural clusters, a move expected to cut production costs by up to 50% and double output, according to Minister of Agriculture Andi Amran Sulaiman.
A farmer plants rice in Lokpaikat district in Tapin, Tapin Regency, South Kalimantan. Photo courtesy of Antara.
Speaking at the Accelerating Indonesia’s Economic Growth: Challenges and Opportunities in the New Era event in Jakarta on January 30, he emphasized that the ministry is integrating advanced technology into agricultural clusters spanning from upstream to downstream.
The government is currently developing modern agricultural clusters in key regions, including Central Kalimantan, South Kalimantan, South Sumatra, and South Papua. According to Sulaiman, the initiative aligns Indonesia with leading agricultural nations such as the United States, Vietnam, China, and Thailand.
Indonesia aims to transform up to one million hectares of farmland this year. He expresses confidence that modern agricultural clusters will position the country as a global food powerhouse.
- Read More
HCMC targets mega-city of 22 mln people with ‘one-hour mobility’ vision
Ho Chi Minh City is targeting a population of 20-22 million by 2050 and aims to become one of the world’s most livable cities, as Vietnam’s largest economic hub pursues an ambitious transformation into a multi-centered mega-city supported by modern transport infrastructure and a maritime-driven economy.
Economy - Sun, May 17, 2026 | 9:00 am GMT+7
Southeast Asia’s largest iron ore mine set for $3 bln revival after 15 years in limbo
After remaining dormant for 15 years, Vietnam’s Thach Khe iron ore mine is set for a major restructuring that could pave the way for a new VND80,000 ($3.04 billion) mining and steel complex aimed at producing high-quality steel products instead of exporting raw ore.
Industries - Sun, May 17, 2026 | 8:00 am GMT+7
JC&C-backed REE’s longtime chairwoman to step down as son takes CEO role
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corp (HoSE: REE) is reshaping its leadership structure in a transition that marks the gradual handover of executive responsibilities to a younger generation.
Companies - Sat, May 16, 2026 | 6:13 pm GMT+7
Vietnam fines Shopee for misleading free shipping promotion
Vietnam’s competition authority has fined e-commerce platform Shopee VND200 million ($7,590) for providing misleading information to consumers in promotional campaigns.
Companies - Sat, May 16, 2026 | 4:48 pm GMT+7
Vietnam Deputy PM requests study of VAFIE proposals to build ‘leading’ economic groups
Vietnam’s Deputy Prime Minister Nguyen Van Thang has instructed ministries and state agencies to study recommendations from the Vietnam's Association of Foreign Invested Enterprises (VAFIE) on developing “leading” economic groups aimed at fostering large domestic corporations capable of competing regionally and globally.
Companies - Sat, May 16, 2026 | 1:03 pm GMT+7
Vietnam funds lag benchmark despite VN-Index hitting record highs
Vietnam’s benchmark VN-Index has surged to successive record highs in recent weeks, but many of the country’s largest investment funds have significantly underperformed the market, with some still posting negative returns for the year.
Finance - Sat, May 16, 2026 | 9:36 am GMT+7
Vietnam developer Hung Thinh Incons targets 3.5-fold revenue growth despite weak start to 2026
Ho Chi Minh City-headquartered Hung Thinh Incons has set a target to more than triple revenue in 2026 as the builder bets on public investment spending and a recovery in Vietnam’s construction market, despite continued pressure on its business performance.
Companies - Sat, May 16, 2026 | 8:00 am GMT+7
Vingroup to hire 20,000 workers for $35 bln Hanoi sports urban project
Vietnamese conglomerate Vingroup (HoSE: VIC) has announced the first-phase recruitment of over 20,000 workers for its massive Olympic Sports Urban Area project and other developments in Hanoi.
Companies - Fri, May 15, 2026 | 9:20 pm GMT+7
EVN eyes floating solar projects in central Vietnam
EVNGENCO1, a subsidiary of Vietnam’s state-owned utility Vietnam Electricity (EVN), is looking to invest VND4.4 trillion ($167 million) in three floating solar power projects in the central province of Lam Dong, expanding its push into renewable energy as Vietnam accelerates efforts to diversify electricity supply and cut carbon emissions.
Energy - Fri, May 15, 2026 | 3:53 pm GMT+7
Philippines' Jollibee earns over $16 mln from fried chicken, coffee chains in Vietnam in Q1
he Philippines’ Jollibee Foods Corporation (JFC) earned an EBITDA (earnings before interest, taxes, depreciation, and amortization) of over PHP1 billion ($16.2 million) from its fried chicken chain Jollibee and Highlands Coffee chains in Vietnam in Q1/2026.
Companies - Fri, May 15, 2026 | 3:42 pm GMT+7
Vietnam’s rapid growth in Asia-Pacific drives demand for higher operational standards: Savills
Being ranked among the Top 20 APAC Growth Hubs reinforces Vietnam’s appeal as a destination for international businesses, accelerating office expansion and multi‑site occupancy by regional and global tenants, write Savills Vietnam analysts.
Economy - Fri, May 15, 2026 | 3:33 pm GMT+7
Carlsberg Vietnam recognized with prestigious international, domestic honors
As expectations around sustainability continue to evolve, recognition for businesses is no longer driven by short-term outcomes, but by how they operate, adapt, and create value over time.
Companies - Fri, May 15, 2026 | 3:21 pm GMT+7
PV Drilling signs jack-up rig contract with Zarubezhneft EP Vietnam
PV Drilling, a subsidiary of state-owned Petrovietnam, has signed a contract to provide a jack-up drilling rig for Zarubezhneft EP Vietnam's development drilling campaign at the Thien Nga-Hai Au field in Block 12/11 offshore Vietnam.
Companies - Fri, May 15, 2026 | 2:03 pm GMT+7
Vietnam firms roll out hefty dividends after profit surge in 2025
Vietnamese companies are rolling out a wave of hefty cash dividends and bonus share issuances following strong earnings growth in 2025, with many payouts already scheduled for Q2/2026 after being approved during this year’s annual shareholder meetings.
Finance - Fri, May 15, 2026 | 1:04 pm GMT+7
Hanoi plans century-long urban overhaul centred on transport, Red River expansion
Hanoi has unveiled a sweeping new master plan with a 100-year vision that aims to transform the Vietnamese capital from a densely concentrated urban core into a multi-center metropolis driven by strategic infrastructure corridors, riverfront urbanization and regional transport connectivity.
Economy - Fri, May 15, 2026 | 9:35 am GMT+7
Berjaya Vietnam CEO spearheads $530 million acquisition of VinFast's manufacturing arm
Businessman Nguyen Hoai Nam, CEO of Berjaya Group Vietnam, has emerged as the key investor leading the $530 million takeover of Vietnamese electric vehicle maker VinFast’s manufacturing operations in Vietnam.
Companies - Fri, May 15, 2026 | 8:17 am GMT+7

















