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Nikkei Asia
4 days ago
- Business
- Nikkei Asia
Vietnam launches $49bn in projects to boost growth amid US tariff pain
Economy Government aims to spur domestic-led economy by investing 10% of GDP The main terminal of Long Thanh International Airport is under construction. It is meant to be an air transport hub for southern Vietnam. (Airports Corporation of Vietnam) YUJI NITTA and MAI NGUYEN August 15, 2025 18:23 JST HANOI -- The Vietnamese government announced Thursday a massive infrastructure development plan equivalent to 10% of the country's gross domestic product.
Nikkei Asia
12-08-2025
- Business
- Nikkei Asia
SAP launches second Southeast Asian research lab in Vietnam
SAP office in Ho Chi Minh City on Aug. 7. (Photo by SAP) YUJI NITTA and MAI NGUYEN August 12, 2025 10:30 JST HO CHI MINH CITY -- German software giant SAP has opened a research and development center in Vietnam, its second in Southeast Asia, with plans to more than double its staff from the current 200 workers to as many as 500 by 2027.
Nikkei Asia
29-05-2025
- Automotive
- Nikkei Asia
Vietnam's THACO bids to build and operate a $61bn high-speed railway
MAI NGUYEN TOKYO -- One of Vietnam's biggest automakers has stepped up with a plan to be the lead builder of a government-proposed high-speed railway covering much of the country's coast. Truong Hai Group, commonly known as THACO, says it will invest in a $61 billion high-speed railway project, becoming the second major Vietnamese corporation to announce such an intention in less than a month. Vingroup submitted a similar proposal on May 6.
