News

NVIDIA has committed to investing 4 – 4.5 billion USD in the next 4 years, creating about 4,000 direct jobs and 40,000 – 50,000 indirect jobs. According to Minister Nguyen Chi Dung, in the context of countries promoting supply chain diversification and complex geopolitical fluctuations in the world, Vietnam is emerging as an attractive destination...

According to VNDirect Research, MSC – the world’s second largest container shipping line, headquartered in Switzerland, is planning to invest in the Can Gio international transit port project. This project is proposed by Saigon Port Corporation (SGP) and TIL – a subsidiary of MSC. Previously, MSC shared the Tanjung Pelepas transit port in Malaysia with...

The U.S. Geological Survey states that bauxite deposits are mainly found in tropical regions, the Mediterranean, and the equatorial belt. Countries with significant bauxite deposits include Australia, Central and South America (Jamaica, Brazil, Suriname, Venezuela, Guyana), Africa (Guinea), Asia (India, China, Vietnam), and Europe (Greece, Russia). Bauxite is a type of aluminum ore. From bauxite,...

With its rising costs, China is no longer the go-to destination for many businesses, and Vietnam has arisen as a serious competitor. Recent trends show that the number of orders shifting from China to Vietnam has seen a significant increase. In the past few years, a growing number of businesses have relocated their operations from...

In the first half of 2024, bilateral trade between Vietnam and China approached the US$100 billion mark, with Vietnam exporting US$27.8 billion worth of goods to China, a 5.3 percent increase from the previous year. Imports from China reached US$67 billion, resulting in a trade deficit of US$39.2 billion for Vietnam, a 67.9 percent increase....