VSIP, LEGO sign direct power purchase agreement

The Vietnam–Singapore Industrial Park (VSIP) on Wednesday announced it signed a direct power purchase agreement (DPPA) with LEGO Manufacturing Vietnam (LEGO) for the new LEGO factory that opened in April 2025 this year.

Stable supply chains, market links vital for expanding Vietnamese exports

By the end of 2024, Việt Nam had 8,274 markets, 276 shopping malls and 1,293 supermarkets. However, most first- and second-class markets were concentrated in urban centres, while third-class markets dominated rural and mountainous areas. Disparities in infrastructure, management and service quality have created gaps that leave room for commercial fraud.

Việt Nam must curb import reliance, strengthen supply chain: experts

Statistics show that the industry spends nearly US$10 billion annually on imported parts, while export products remain weak and fragmented. The reliance on imported components has led to trade imbalances, low domestic added value and the failure to establish a domestic supply chain or build high-tech manufacturing capacity.

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