Vietnam’s seafood imports soar 36.8% in Jan-Sept
CAN THO – Vietnam spent US$2.04 billion importing seafood between January and September, up 36.8% versus the year-ago period, according to statistics from the General Department of Vietnam Customs. In September, Vietnam’s seafood import bill expanded 44.5% month-on-month to nearly US$200 million.
Australia backs over AU$5 million for rice production in Mekong Delta
HCMC – The Mekong Delta province of Dong Thap has launched a sustainable rice value chain project in the delta as a public-private partnership (PPP), according to Senator Tim Ayres, assistant minister for Trade and Manufacturing of Australia. The Australia-funded project is operated by the
Danang gives green light to stem cell research center project
DANANG – The Danang Hi-Tech Park and Industrial Zones Authority (DHPIZA) has approved a stem-cell research and storage center project invested by Asia High Technology JSC. The US$20-million project will be put into service in the second quarter of 2024, said Pham Truong Son, head of the authority.
Smart healthcare program impeded by lack of money and staff
HCMC – A lack of human and financial resources has impeded the progress of digital transformation and smart healthcare programs at hospitals, a representative of Hung Vuong Hospital said. Hoang Thi Diem Tuyet, director of Hung Vuong Hospital, said her hospital has applied a smart healthcare
HCMC FOODEX features 300 showcases food, foodstuff producers
HCMC – Nearly 300 food producers are participating in the HCMC FOODEX 2022, which features many popular brands and regional specialties. The exhibition is taking place at the Saigon Exhibition Convention Center from October 19 to 22, co-held by the Investment and Trade Promotion Center of HCMC
Prime Minister calls for stronger efforts in stabilizing fuel market
HCMC – Prime Minister Pham Minh Chinh told the Ministry of Industry and Trade to make stronger efforts to stabilize the fuel market and ensure the operation of fuel retailers and gas stations, according to a document issued by the Government Office on October 19. The document stated that many gas
Int’l air routes connecting Phu Quoc expected to be opened
HCMC – A delegation of the Committee of the Association of International Airlines in Vietnam on October 19 arrived in Phu Quoc, an island city off the Mekong Delta province of Kien Giang, to sound out opportunities to open international air routes to the city. During the visit, 20 international
Funding shortfall leaves Ben Luc-Long Thanh Expy suspended
HCMC – The slow pace of capital disbursement has impeded the progress of the Ben Luc-Long Thanh Expressway project, leaving it unable to meet deadlines. The construction value of the project has reached an estimated VND11 trillion, equivalent to some 80% of the construction volume, Vietnam
Danang floods leave VND1,500 billion damage
HCMC – Severe floods in Danang on October 14, triggered by Storm Sonca, has destroyed thousands of homes and caused more than VND1,486 billion in damage, the Danang authority said this morning, October 19. Lien Chieu District in Danang suffered the biggest loss of over VND578 billion, while Ngu
ManpowerGroup launches Future of Work research
HCMC – ManpowerGroup has launched the three-part “The Future of Work” series, in partnership with Everest Group, to provide practical advice to human resources (HR) leaders and organizations on navigating the next normal for their organizations after the Covid-19 pandemic. The research leverages
State-run firms incur huge losses from overseas projects
HCMC – Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year. Among them, eight projects in telecommunications made a combined loss of US$293.3 million due to foreign exchange rates and high fees and taxes. The Vietnamese
Vietnam, S.Korea eye US$100b in bilateral trade by 2023
HCMC – State President Nguyen Xuan Phuc suggested Vietnam and South Korea strive to raise two-way trade to US$100 billion by 2023 and US$150 billion by 2030. President Phuc put forward the suggestion while receiving South Korea’s Minister of Foreign Affairs Park Jin at the Presidential Palace in
Can Tho calls for further investment in incubator park
CAN THO – Can Tho City is calling for support from the Ministry of Science and Technology in seeking investment for the second phase of the Korea-Vietnam Incubator Park project. The director of the Can Tho Department of Science and Technology, Ngo Anh Tin, proposed continuing to tap foreign
City Auto to acquire majority stake in Nha Trang Auto
HCMC – City Auto Corporation (stock code CTF) has issued a resolution on the acquisition of a majority stake in Nha Trang Auto Corporation. Tran Long, an individual related to Tran Ngoc Dan, CTF board chairman, and Tran Lam, a board member at CTF, will transfer one million shares of Nha Trang Auto
HCMC wants two new bus links with Tan Son Nhat airport
HCMC – The Management Center of Public Transport sought approval from the HCMC Transport Department to open two more bus routes in the Tan Son Nhat International Airport area to deal with traffic congestion. The two bus routes will transport passengers from the airport to neighboring areas such as
SHTP proposes reinstating one-door investment approval process
HCMC – As the Saigon Hi-Tech Park (SHTP) in HCMC has seen a spike in new foreign-invested projects in recent years, it has proposed the HCMC government reinstate a one-door investment approval process to facilitate investment activity. The current rules require investors to work with different