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Vietnam's emerging battery storage market
As Vietnam adds more wind and solar power to its energy mix, a new challenge is emerging: how to ensure renewable electricity is available when it is needed, not simply when it is generated. Part of the solution might be here: Battery Energy Storage Systems, or BESS. Beyond supporting the power grid, the technology is also opening opportunities for businesses and domestic manufacturers.
OCOP in Japan: the power of local brands
Economy 02:55Though past the peak of Japan’s “One Village, One Product” movement, a range of new local initiatives are emerging across the country, carrying forward its spirit. These efforts have helped create local brands that generate sales ranging from tens of millions to billions of US dollars, while also benefiting tourism, services, and employment.
Vietnam strengthens aircraft maintenance workforce
Economy 03:18Vietnam is strengthening its aircraft maintenance workforce as the aviation sector continues to expand. A Vietnamese training centre has recently been approved under the EASA Part-147 standard, allowing more engineers to receive internationally recognised training at home. The move is expected to strengthen Vietnam’s aircraft maintenance workforce and bring training closer to international standards.
Vietnam's emerging battery storage market
Economy 05:54As Vietnam adds more wind and solar power to its energy mix, a new challenge is emerging: how to ensure renewable electricity is available when it is needed, not simply when it is generated. Part of the solution might be here: Battery Energy Storage Systems, or BESS. Beyond supporting the power grid, the technology is also opening opportunities for businesses and domestic manufacturers.
Ho Chi Minh City eyes global capital to fuel expansion
Economy 07:50Ho Chi Minh City has long attracted foreign investors thanks to its dynamic economy and open business environment. However, as its capital needs grow and ambitions rise to become a key gateway for investment flows into Vietnam, the city faces increasing pressure to attract larger FDI projects and unlock new sources of growth capital.
Industrial parks and the race for FDI
Economy 03:14Vietnam currently has 478 established industrial parks, with a target of developing around 600 nationwide by 2030. In many key industrial areas, occupancy rates have reached 80-90%, making competition for new investment projects increasingly intense.
Coconut industry growth revives local livelihoods
Economy 03:15In both 2024 and 2025, exports of coconuts and coconut products reached new records, exceeding one billion US dollars. In Vinh Long, which has the largest coconut-growing area in Vietnam, the coconut industry alone accounts for around 8% of the province's industrial production value.
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