Vietnam strategy targets sustainable production
(VEN) - Vietnam is shifting to more sustainable production in accordance with its goods import-export strategy to 2030, which places green development, ecological industries, renewable energy, and circular economy models as the country’s new driving force
What’s Layer 0, Layer 1, Layer 2, Layer 3?
Overview of blockchain layers Though there isn't a frequent normal for blockchain layers, a 3-layer method might be the most
Siemens - 175 years of success
On October 12, 2022, Siemens marked its 175th birthday with a celebratory event at the Schaltwerk factory in the Siemensstadt section of Berlin. German Federal Chancellor Olaf Scholz, together with numerous guests from the realms of politics, business an
Mastercard and Grab launch “Small Business, Big Dreams” program to boost entrepreneurship
Mastercard and Grab, Southeast Asia’s leading superapp, recently announced the Small Business, Big Dreams” regional program to digitally upskill gig economy workers and small businesses in Indonesia, the Philippines, and Vietnam.
China, others eye CPTPP membership
(VEN) - The UK, China, Chinese Taipei and other economies have applied formally to join the Pacific Rim trade deal, which represents a free trade area worth about US$11 trillion in aggregate gross domestic product (GDP).
MoiT boosts capital disbursement
(VEN) - Vietnam Economic News’ Viet Nga spoke with Ngo Quang Trung, Director of the Ministry of Industry and Trade’s (MoIT) Agency for Regional Industry and Trade (ARIT) about industry promotion cooperation with provinces cities.
Agro-forestry-fishery exports set to reach target
(VEN) - The Vietnamese agro-forestry-fishery sector is hopeful of reaching its 2022 US$50 billion export target in view of continued positive signals from importing markets.
Keppel, MHI and DNV cooperate to explore adoption of ammonia-fired gas turbine on Jurong Island
In a Memorandum of Understanding (MoU) signed recently, Keppel New Energy Pte Ltd, a wholly owned subsidiary of Keppel Infrastructure; Mitsubishi Heavy Industries, Ltd. (MHI); and DNV, a global independent energy expert and assurance provider, announced a
Fertilizer firm displays production, business creativity
Despite difficulties in the production and business situation of the fertilizer industry as a whole, the Van Dien Fused Magnesium Phosphate Fertilizer Joint Stock Company (VADFCO) has made great efforts to complete its assigned tasks.
Foreign trade value to exceed US$700 billion
(VEN) - Given impressive growth in recent times, Vietnam’s foreign trade value in 2022 is expected to exceed US$700 billion. Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT), discussed these re
Waldorf Astoria enters Vietnam with signing of Waldorf Astoria Hanoi
Hanoi, 11 October 2022 – Waldorf Astoria Hotels & Resorts, Hilton’s (NYSE: HLT) iconic luxury hotel brand, today announced its entry into Vietnam with the signing of Waldorf Astoria Hanoi. The hotel, owned by BRG Group and managed by Hilton, continues the
Vinafor Saigon: High quality is the key
(VEN) - Maintaining high product quality has helped Vinafor Saigon become a leading wood brand favored by major markets worldwide.
Inflation kept down at below four percent
(VEN) - Given the inflation results of the first eight months and price changes during the final months of previous years, economists forecast Vietnam’s 2022 inflation rate will be about 3.3-3.8 percent, below the four percent target. However, inflationar
ASEAN ministers seek joint response to challenges
(VEN) - Economic Ministers of the Association of Southeast Asian Nations (ASEAN) noted the strong rebound of trade and investment within the bloc as they met in Cambodia in mid-September for their 54th annual meeting. Minister of Industry and Trade Nguyen
Ørsted and T&T Group hold workshop on offshore wind power development
On 7 October 2022, global offshore wind leader Ørsted and T&T Group, Vietnam’s leading renewable energy developer, hosted a workshop in Hanoi for high-potential local suppliers of foundations and mechanical fabrication services.
Taking advantage of Pacific Rim trade deal
(VEN) - Vietnamese businesses have been gradually adapting to the Pacific Rim trade treaty since it took effect in Vietnam on January 14, 2019. However, the potential of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has