Design of Amway's second factory in Vietnam. Photo: VNA
VNA
Design of Amway's second factory in Vietnam. Photo: VNA
Design of Amway's second factory in Vietnam. Photo: VNA
Related News
Amway grants 700 scholarships to needy children
Amway Vietnam Co . Ltd granted 700 scholarships to children in special difficulty in the central province of Thanh Hoa on August 15.
🌱 US-based company builds second factory in Vietnam
Amway Vietnam Co. Ltd., a multi-level marketing enterprise, started construction of its second factory in Vietnam in the southern province of Binh Duong on March 21.
🐎 Foreign businesses see lucrative functional food market in Vietnam
With 1,800 Vietnamese and foreign manufacturers and distributors, 10,000 product items, the Vietnamese functional food market is booming, according to an article published in the English language news website VietNamNet Bridge on May 5.
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🐷 Foreign investors net bought 11.3 million USD of government bonds in July
Foreign investors represented 4.27% of overall market transactions, with a net purchase value of 298 billion VND.
💫 Vietnam’s durian featured at first ASEAN–China Durian Festival
The Vietnamese booth featured fresh durian, durian ice cream, durian cakes, and other fruits such as dragon fruit and passion fruit, attracting strong interest from Beijing residents and ASEAN diplomats.
𒁃 China’s Laoling city promotes trade, investment in HCM City
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
๊ Vietnam bolsters investment, economic cooperation in northeastern Cambodia
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
🀅 Party chief’s visit expected to usher in new chapter for Vietnam–RoK trade relations
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
꧑ Exporters advised to boost digital transformation to expand markets
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
🦋 Banks focus on increasing charter capital in second half of year
To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors.
New opportunity for Vietnam’s tilapia exports
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
𒆙 Phu Tho emerges as FDI magnet following mergence
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
💜 VinEnergo launches rooftop solar, battery storage projects in Ha Tinh
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
🦂 Maximum fine of 3,000 USD proposed for violating invoice regulations
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
🎃 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
𝔍 Newly-established, resumed enterprises jump 23% in seven months
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
🔯 Content piracy threatens Vietnam’s digital economy despite user awareness
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
▨ Vietnam eyes expanded exports to Halal markets via Malaysia gateway
Vietnam – Malaysia trade reached 14.2 billion USD in 2024. In the first half of 2025, bilateral trade increased 6% year-on-year to 7.7 billion USD.
ไ SBV lifts 2025 credit growth target to support economic recovery
Many commercial banks have lowered lending rates — a key driver for credit expansion.
☂ Poland showcases Europe’s flavours to boost trade with Vietnam
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
♍ Banks accelerate digitalisation, non-cash payments
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
Reference exchange rate down 11 VND on August 8
The State Bank of Vietnam set the daily reference exchange at 25,228 VND/USD on August 8, down 11 VND from the previous day.
🍸 Viettel targets double-digit growth through high-tech “make in Vietnam” exports
Viettel is accelerating its global business strategy, contributing to Vietnam’s transformation from a technology importer to a high-tech exporter.
