AQUA Vietnam opens a new drum washing machine factory in Dong Nai Provinces Bien Hoa II Industrial Park (Photo courtesy of the company)
Hanoi (VNA) - AQUA Electrical Appliances Vietnam Co., Ltd. has opened adrum washing machine factory with modern equipment and advanced technologies.
The factory, situated in Bien Hoa II Industrial Park in the south-easternprovince of Dong Nai, began operating on July 5.
The 21.5 million USD plant can supply around 500,000 front-loading washingmachines annually to the Vietnamese market to meet the demand of consumers fornext 20 years.
The new factory is AQUA Vietnam's fourth at the Bien Hoa II Industrial Park. Italready has a washing machine, refrigerator and air-conditioner plant each, andnow has more than 80,000 square metres of factory space.
The production line is 80 percent automated to ensure maximum capacity,minimise defective products and ensure the highest product quality.
On the occasion of the factory’s opening, AQUA Vietnam marked a new milestoneby presenting the new drum washing machine with a 525mm clean tub. - VNA
Foxconn Vietnam is planning to open a television screen component factory in the northeastern province of Quang Ninh with a labour demand of 3,000 workers.
Leading Japanese corporations on July 1 signed Memoranda of Understanding (MoU) with Hanoi to invest a total of close to 4 billion USD in projects in the capital city.
Swedish food processing and packaging solution provider Tetra Pak inaugurated a plant at Vietnam – Singapore II Industrial Park in the southern province of Binh Duong on July 3 to manufacture sterilised paper boxes.
Industrial parks in the country have reported an average occupancy rate of nearly 74 percent, according to the Ministry of Planning and Investment’s Economic Zone Management Department.
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.
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 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.
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
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.
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.
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.
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.
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.
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.
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.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
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.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
AQUA Vietnam opens a new drum washing machine factory in Dong Nai Provinces Bien Hoa II Industrial Park (Photo courtesy of the company) 
