A timber production line of Đà Lạt Processing and Exploiting Company Limited in the Central Highlands province of Lâm Đồng. — VNA/VNS Photo HÀ NỘI — Local wood processing enterprises need to expand supply chains with a focus on seeking suppliers from domestic and overseas markets to ease disruptions from China due to the novel coronavirus (COVID-19) […]
Compiled by Thiên Lý On February 7, the banking sector’s outstanding loans fell by 0.38 per cent for the year, while overdue debts and non-performing loans showed signs of rising. Dr Nguyễn Quốc Hùng, director of the State Bank of Việt Nam (SBV)’s credit department, blamed the situation on the new coronavirus outbreak in many […]
Customers shop at Big C Thăng Long supermarket in Hà Nội. Demands for goods declined in February after Lunar New Year. — VNA/VNS Photo Trần Việt HÀ NỘI — The February consumer price index (CPI) slipped 0.17 per cent from the previous month due to falling demand for goods after the Lunar New Year (Tết) holiday, […]
A customs official checks the temperatures of passengers at Tân Sơn Nhất International Airport in HCM City. The most positive information that could help stock markets would be the effective control of coronavirus. — VNA/VNS Photo Đinh Hằng HÀ NỘI — The stock market is expected to continue experiencing strong corrections, while the market bottom […]
Wokers of the Electricity of Việt Nam in Quảng Bình Province checking the power grid. The Ministry of Industry and Trade was raising new retail electricity tariff options for comments. – VNA/VNS Photo Đức Thọ HÀ NỘI — The Ministry of Industry and Trade has proposed a new retail electricity tariff which is divided into […]
HCM City needs too improve its legal framework to become an international financial centre, experts say. — VNS Photo Văn Châu HCM CITY — Prime Minister Nguyễn Xuân Phúc has asked his Government Advisory Group to submit a document by April 30 outlining necessary steps to turn HCM City into an international financial centre. Dr Trần Du […]
Potential buyers look at a model for Aqua City project in Đồng Nai Province. — Photo vietnambiz.vn HÀ NỘI — The western suburbs of HCM City has seen a rise in popularity among real-estate developers in recent years thanks to their natural environment – which mostly remains untouched – and vast areas of undeveloped […]
The plant’s ground-breaking ceremony on Friday. — Photo congthuong.vn TRÀ VINH — The construction of Hiệp Thạnh wind-power plant, valued at nearly VNĐ3.37 trillion (US$145 million) began in the Mekong Delta province of Trà Vinh late last week. Twenty per cent of the total investment comes from its investor – the province-based Ecotech Trà Vinh Renewable […]
Seafood processing business Hùng Vương has cut its revenue target by 8 per cent from the last projection to more than VNĐ11.5 trillion (US$495 million) for the 2020 financial year.— Photo vietnamnet.vn HÀ NỘI — Seafood processing business Hùng Vương has cut its revenue target by 8 per cent from the last projection to more […]
Delegates attend the warehouse’s groundbreaking ceremony. — Photo baodautu.vn QUẢNG TRỊ — The Việt Lao Petrol Oil Investment JSC started construction of its dockside warehouse, which is expected to cost nearly VNĐ470 billion (US$20.2 million), in the central province of Quảng Trị late last week. Spanning 16ha in Triệu Phong District, the warehouse has a storage capacity […]
The condotel market still needs detailed regulations to ensure its development is on the right track. – Photo thuongtruong.com.vn/ HÀ NỘI – Detailed regulations are needed to promote a healthy condotel market, which has been going off-track for years due to an unclear legal framework, experts have said. The Ministry of Natural Resources and Environment’s recent […]
Passengers on a Yên Viên-Hạ Long train. A high speed railway on the same route was supposed to replace the old trains, but has been suspended for 15 years and possibly longer as the Government is uncertain of the project’s future. VNA/VNS Photo HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng has urged […]
Việt Nam’s industry will contribute 40 per cent to the national GDP by 2030. Photo cafef.vn HÀ NỘI The Ministry of Industry and Trade (MoIT) is drafting the National Strategy on Industrial Development through 2030 with a vision to 2045 to submit to the Government in the next quarter. Nguyễn Văn Hội, Director […]
A health care worker inputs patient data into the computing system at Long Khánh General Hospital in Đồng Nai Province. Health care is one of the sectors that could benefit from online data storage. VNA/VNS Photo Lê Xuân HÀ NỘI — Data is considered a core element of Việt Nam’s digital economy; however, it is […]
The Doveco Gia Lai fruit and vegetable processing centre – the largest of its kind in the Central Highlands. Photo baovemoitruong.org.vn GIA LAI — The People’s Committee of Gia Lai Province has published a list of 166 projects that are calling for domestic and foreign investment this year. Of the total, 91 […]
A workers helps move steel products at a steel pipe factory of Hòa Phát Group (HPG) in Đà Nẵng. HPG was down 2.61 per cent on Friday. — Photo Hoà Phát Group HÀ NỘI — Shares tumbled on Friday due to the uneasy global market and worries among investors about the wider spread of […]
Winners at the 2019 PropertyGuru Vietnam Property Awards. Nominations are now being accepted for this year’s awards. — VNS Photo HCM CITY — The sixth edition of the PropertyGuru Vietnam Property Awards was launched in HCM City on February 27. Organised by PropertyGuru, Asia’s leading online property group, and sponsored by global brand Kohler, […]
The logistics industry needs further reform, experts tell a conference in HCM City on February 28. – VNS Photo Việt Dũng HCM CITY – The logistics industry in Việt Nam, especially HCM City, continues to face challenges like red tape and traffic congestion near border gates despite progress made in facilitating trade, Đinh Ngọc […]
Delegates join the port’s groundbreaking ceremony. VNA/VNS Photo Nguyên Lý QUẢNG TRỊ — Construction of Mỹ Thụy Port, valued at VNĐ14.23 trillion (US$611 million), kicked off in the central province of Quảng Trị’s Hải Lăng District on Thursday. More than VNĐ2 trillion will come from the Mỹ Thụy International Port Joint Venture […]
Vinpearl CEO Vũ Tuyết Hằng and Bamboo Airways CEO and vice standing chairman Đặng Tất Thắng at the signing ceremony. — Photo courtesy of Vingroup HÀ NỘI — Hospitality business Vinpearl and aviation firm Bamboo Airways on Thursday signed a strategic partnership pact to improve the tourism sector. The two companies will offer top-class and convenient services […]
