Yeah1 to establish new subsidiary
HCMC – Yeah1 Group Corporation, whose YEG shares are traded on the Hochiminh Stock Exchange, will establish 1Production Co., Ltd whose VND2-billion charter capital is entirely contributed by Yeah1 Group. The Yeah1 management board has passed a plan for contributing capital to the new subsidiary,
Phu Yen plans 14-km seaside road
HCMC – The central province of Phu Yen plans to build a 14.2-kilometer seaside road linking Tuy An District and Tuy Hoa City to enhance regional transport connectivity and fuel economic growth. The provincial People’s Council passed a resolution to develop the VND3.43-trillion seaside road project
Hung Thinh rejects rumors of paying salaries by vouchers
HCMC – Real estate developer Hung Thinh Corporation has denied rumors that the firm is paying salaries by real estate vouchers. An image of a document that went viral on social media showed that part of the employees’ salaries of Hung Thinh Corporation and its affiliated companies would be paid in
Over 7,800 autos imported via Haiphong port in January
HCMC – Port of Haiphong Joint Stock Company has reported some 7,818 autos were imported through the Haiphong port in the first month of this year, increasing by 5,895 units over the same period in 2022. More than half of the automobiles brought into Vietnam in January came through the port. The
Expy project proposed in Bac Kan
HCMC – The Project Management Unit 2 has sought the Transport Ministry’s nod to build a 28.7-kilometer expressway in the northern province of Bac Kan with four lanes instead of two as previously suggested. The Project Management Unit 2 said yesterday, February 15, that it proposed the ministry
Vietnam looks to boost tech cooperation with Japan
HCMC – Vietnam expects Japan to strengthen bilateral cooperation in key industries, with a focus on technology, Deputy Prime Minister Tran Luu Quang said yesterday, February 15. Speaking at the Vietnam-Japan Economic Forum 2023, Quang proposed that Vietnam and Japan continue developing bilateral
Vietnam to test biometric technology at airports
HCMC – The Civil Aviation Authority of Vietnam (CAAV) ) has introduced a plan to test-use biometrics to identify passengers at the airport checkpoint, such as fingerprint screening, image capturing and face recognition scanning in the first quarter of this year. This year the CAAV will coordinate
Two more auto testing centers in Hanoi to resume operations
HCMC – Vietnam Register, under the Ministry of Transport, has allowed two auto registration and inspection centers in Hanoi, 29-01V and 29-06V, to reopen after their suspension over irregularities. These two centers and others in the capital city have been closed to serve a police investigation of
Can Tho seen becoming major economic driver
HCMC – Can Tho City is poised to become one of the country’s economic growth drivers as stated in the national and local development plans, according to Minister of Planning and Investment Nguyen Chi Dung. The city has achieved significant socioeconomic achievements, given its rising role in the
Tourist trains to resume operations on Hanoi-Danang route
HCMC – Tourist trains on the Hanoi-Danang route will return to normal operation after a year of suspension due to low travel demand, according to the Hanoi Railway Transport JSC. The SE19 tourist train will restart running from March 2, departing from Hanoi Railway Station at 7:50 p.m. and
Vietnam-China trade surpasses US$11 billion in Jan
HCMC – The first month of 2023 saw two-way trade between Vietnam and neighboring China reaching US$11.1 billion, General Department of Vietnam Customs data showed. Vietnam last month exported US$3.87 billion worth of products to China while importing goods valued at US$7.23 billion from the
Ha Giang weighs mixed-use airport project
HCMC – The northern upland province of Ha Giang is working on a plan to build an airport which will serve both military and civil purposes, said a local official. A planning consulting firm in the province suggested building the airport for civil and military uses on 500 hectares of land, which
Vietnam steps up IUU fishing fight
HCMC – Vietnam is intensifying the fight against illegal, unreported and unregulated (IUU) fishing practices just ahead of the fourth Vietnam visit by European Commission (EC) inspectors. Deputy Prime Minister Tran Luu Quang has signed a decision providing guidelines for combatting IUU fishing,
PM wants Rach Mieu 2 Bridge completed ahead of schedule
HCMC – Prime Minister Pham Minh Chinh has urged the relevant authorities to expedite site clearance to shorten the construction of Rach Mieu 2 Bridge by six months. During his visit to the Rach Mieu 2 Bridge construction site in Chau Thanh District, Ben Tre Province, this morning, February 15,
BAF set to acquire pig farming firm in southern Vietnam
HCMC – BAF Vietnam Agriculture JSC, whose BAF shares are listed on the Hochiminh Stock Exchange (HOSE), plans to expand its business in Tay Ninh Province by acquiring a pig farming firm there. BAF has passed a plan to buy more shares in Tay An Khanh JSC to raise its ownership in the latter to […]
Vietnam’s agriculture needs foreign funding
HCMC – The country aims to leverage investments and enhance capital management mechanisms in agriculture, particularly through official development assistance (ODA) in priority sectors. According to Minister of Agriculture and Rural Development Le Minh Hoan, one of the industry’s major targets in