Economy
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Prime Minister approves 1 billion USD industrial park in Nghe An
Prime Minister Nguyen Xuan Phuc has approved the development of WHA Hemaraj 1 Industrial Park in Nghe An province’s Southeast Economic Zone.
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Annual exports to South America expand by 30-40 percent
Vietnam’s exports to South America enjoy an annual average growth of 30-40 percent with many popular and highly-competitive products, heard a workshop in Hanoi on May 24.
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Dong Nai attracts 483 million USD in FDI so far
The southern province of Dong Nai has attracted nearly 483 million USD in foreign direct investment (FDI) so far this year, funding 26 new and 38 existing projects, according to the provincial Departm
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Kien Giang approves urban development programme until 2025
The Mekong Delta province of Kien Giang has approved a programme on urban development through 2025, aiming to meet local socio-economic development needs in the context of international integration an
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Black pepper price in Central Highlands drops strongly
The price of black pepper in the Central Highlands provinces has continued to plummet, hitting 80,000 – 82,000 VND per kg, a low record in the last seven years.
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Agriculture firms receive Government funds
State credit institutions will offer enterprises developing national agricultural products 70 percent of investment capital, said the Ministry of Planning and Investment (MPI).
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Vietnam eyes 7,000 ha of shrimp farming on sandy land by 2025
Vietnam aims to expand shrimp aquaculture on sandy land to 7,000 hectares by 2025, produce some 110,000 tonnes per crop, and ensure 70 percent of these areas have developed infrastructure, according t
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Vietnam looks to put rice on Europe’s plate
Up to 100,000 tonnes of Vietnamese rice will be shipped to the EU each year tax-free in 2018 following the Vietnam-EU Free Trade Agreement, helping local rice exporters penetrate the market.
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Garment exports enjoy strong growth
Vietnam earned 6.75 billion USD from garment and textile exports in the first quarter of 2017, up 12.4 percent against last year, according to the Vietnam Textile and Apparel Association (VITAS).
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Dung Quat Refinery plans for IPO
Vietnam’s first oil refinery operator Binh Son Refinery and Petrochemical Co Ltd (BSR) has planned its domestic initial public offering (IPO) with 5-6 percent of its capital in the fourth quarter of t
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Game industry targets 1 billion USD in revenue
The Vietnamese game industry is expected to earn annual revenue of 1 billion USD within 10 years, according to experts.
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Electricity sector urged to reduce power loss
The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas, del