The US corporation wants to sell all 51% of its capital in a $ 2 billion thermal power project in Quang Ninh
This agreement is expected to be completed by the end of 2021 or early 2022. Information from AES Group (USA), on December 31, 2020, this group signed an agreement to sell all 51% of its capital contribution at Mong Duong 2 Thermal Power Plant, Quang Ninh Province to American investors. . Mong
Over half of FDI companies in Vietnam report losses in 2019
Almost 55% of FDI companies in Vietnam reported totaling losses of VND131.400 trillion (US$5.7 billion) in 2019, according to information released by Ministry of Finance.
Vietnam consumer prices forecast to stay below 4% in 2021
The economy will continue to face uncertainties in 2021, which requires a cautious and flexible approach in price management.
Construction of country’s largest airport starts in Đồng Nai Province
An artist’s rendering of the proposed Long Thanh International Airport in the southern province of Đồng Nai. — Photo courtesy of Airports Corporation of Viet Nam HCM CITY — Construction of the much-awaited Long Thanh international airport in the southern province of Đồng Nai and near HCM City
Work begins on Long Thanh Airport
Construction began Tuesday of the Long Thanh International Airport that is to meet surging travel demand and ease pressure on overloaded airports.
Vietnam buys Indian rice for first time in decades
Vietnam, the world’s third-biggest exporter of rice, has started buying the grain from rival India for the first time in decades after local prices jumped to their highest in nine years amid limited domestic supplies
Ministry urges to better control air pollution in Vietnam
The Ministry of Natural Resources and Environment has asked the authorities in Hanoi and HCM City to recall and destroy vehicles that no longer meet standards and cause pollution. Air pollution in Hanoi has worsened recently. According to the ministry, air pollution in the urban areas, especially
Vietnam economy to grow almost five times among world’s 19 largest by 2035
CEBR’s report estimated by 2035, Vietnam’s nominal GDP is estimated at US$1.59 trillion from the current US$341 billion, a nearly 5-fold increase in a 15-year span.
Agricultural exports set target of over US$42 billion by 2021
VCN - Closing a relatively successful year of 2020 in the context of difficulties, the entire agriculture, forestry and fishery sector is "ramping up" in 2021 towards a target of over US$42 billion.
Rice export price hits new record high
Vietnam’s rice export price reached its latest peak on January 3 at US$505 per tonne, representing a record high over the previous nine years, according to rice traders.
Cross-border taxation to bolster national budget
Collecting tax from cross-border platforms as well as people profiting from them is the government’s leading mission in 2021, helping to supplement a sizeable income to the national budget.
Dong Nai Province plans eight new industrial zones
Dong Nai Province plans to build eight new industrial zones (IZs) and expand three existing ones with a total acreage of over 5,000 hectares.