Fuel supply enough for Lunar New Year consumption
HCMC – Given the current volume of fuel imports and stockpiles, Vietnam has enough fuel supply to satisfy the increasing demand during the Lunar New Year 2023, Trinh Quang Khanh, vice president of the Vietnam Petroleum Association said on December 8. The country’s two oil refineries, Binh Son and
HCMC cancels 169 long-delayed housing projects
HCMC – Cracking the whip against delayed projects, HCMC canceled 169 out of 357 long-delayed housing projects. At the eighth session of the 10th-tenure HCMC People’s Council, Nguyen Toan Thang, director of the Natural Resources and Environment Department, said that the department had joined hands
Lien Khuong Airport upgrade proposed
HCMC – The Civil Aviation Authority of Vietnam has sought approval to expand the Lien Khuong Airport as an international airport by 2030, matching the requirements of the International Civil Aviation Organization’s 4E category. The airport in the Central Highlands province of Lam Dong will serve
Hanoi to build VND3.4-trillion bridge over Red River
HCMC – Hanoi City will develop a bridge across the Red River and a road connecting with National Highway 32 in Phuc Tho District at a total cost of over VND3.4 trillion in the 2022-2027 period. The Van Phuc bridge project was among 31 projects sourced from public investment, it was announced at a
Coca-Cola honored as one of the Top 4 most sustainable companies in Vietnam
Hanoi, December 1st, 2022, Coca-Cola Vietnam was named among Vietnam’s four most sustainable companies at the Vietnam Corporate Sustainability Forum 2022, organized by the Vietnam Chamber of Commerce and Industry (VCCI) in cooperation with the Vietnam Business Council for Sustainable Development
Digital tech product exports forecast at US$136 billion
HCMC – Vietnam’s digital technology product exports are estimated to gain US$136 billion this year, indicating the role of digital technology in the country’s renovation and creativity. The fourth national forum on the development of digital technology companies in 2022 began in Hanoi on December
Bac Ninh seeks approval for elevated railway
HCMC – The northern province of Bac Ninh is seeking the prime minister’s approval for developing the Lim-Pha Lai railway on a viaduct instead of on the ground as planned to optimize the use of urban land. The Bac Ninh government said that building the Lim-Pha Lai rail route on the ground could
Road and bridge proposed for linking Haiphong and Quang Ninh
HCMC – Haiphong has proposed expanding Provincial Road No. 352 and building the Lai Xuan Bridge crossing the Da Bach River with an estimated investment of VND1.3 trillion to connect with Quang Ninh Province. With a length of 786 meters, the Lai Xuan bridge will be developed to replace the Lai Xuan
Steel sales plunge to two-year low
HCMC – Vietnam’s steel sales in October slid to a two-year low amid the woes faced by the real estate industry. The country’s steel production topped two million tons in October, down 16% month-on-month and 29% year-on-year, while sales stood at around 1.9 million tons, a decline of 29% over the
Ha Tinh to have VND950-billion beltway project
HCMC – The Management Board of Ha Tinh Construction Investment Projects plans to start work on Ha Tinh’s East Beltway Project with an investment of VND950 billion. The project was approved on December 8, 2020, by the Ha Tinh People’s Council. The investment of VND950 billion will come from the
Rule revisions proposed to manage night markets
HCMC – The Ministry of Industry and Trade (MOIT) has proposed supplementing regulations for the operation and management of night markets, aiming to reduce its negative impacts. Under the evening economy development project in Vietnam, approved by the prime minister pursuant to Decision No. 1129
FrieslandCampina offers new food solutions in Vietnam
HCMC – FrieslandCampina has launched FrieslandCampina Professional, a high-quality food solution portfolio, within the framework of FoodTech Vietnam 2022 that is taking place in HCMC from December 7 to 10. The launch is regarded as one of the strong commitments of FrieslandCampina to the long-term
DIG to issue 100 million shares
HCMC – Development Investment Construction JSC, whose shares are traded on the Hochiminh Stock Exchange under the code DIG, will issue 100 million shares to its existing shareholders. The share issue will be conducted in the first quarter next year, at the price of VND15,000 per share, the local
SCG offers eye cataract surgeries for Ba Ria-Vung Tau people, committing brighter vision for their better lives
Collaborating with Ba Ria-Vung Tau Eye Hospital and BRVT Youth Union to provide free eye health examinations for 600 local residents, successfully conduct 100 cataract surgeries, and hold training sessions on eye health for local public, SCG with its latest campaign called SCG Sharing the Brighter
HCMC proposes increasing land price coefficients in 2023
HCMC – The government of HCMC has proposed revising up the coefficients for land prices by a notch to 2.5-3.5 during a meeting held yesterday, December 7. The coefficients are set by provincial-level authorities, used for land price calculation and revised annually based on the local real estate
European businesses plan investment expansion in Vietnam
HCMC – European businesses are looking forward to growing operations in Vietnam in a range of sectors, according to the European Chamber of Commerce in Vietnam (EuroCham). According to a recent EuroCham analysis, half of the enterprises polled remain optimistic about Vietnam’s economic recovery,