Tag: socio-economic affairs

In Q1 of 2025, the majority of businesses in the plastics industry witnessed revenue growth, yet profits remained diverse. While plastic construction companies sustained their positive momentum from 2024, the An Phat Holdings group faced negative repercussions due to investment losses.

Samsung Group is the largest foreign investor in Vietnam, employing approximately 100,000 Vietnamese citizens. The company's significant presence in the country has had a profound impact on the local economy, creating a ripple effect of opportunities and contributing to the nation's thriving business landscape. With its cutting-edge technology and innovative spirit, Samsung has not only boosted Vietnam's economic growth but also played a pivotal role in elevating the country's reputation as a desirable investment destination.

On May 23, 2025, the city of Da Nang, Vietnam, witnessed a significant development with the signing of a Memorandum of Understanding between the People's Committee of Da Nang City and the Bank for Investment and Development of Vietnam (BIDV). This milestone agreement paves the way for a strategic collaboration to create innovative financial technology solutions for the Da Nang Free Trade Zone.