Seven more renewable power projects connected to national grid
HCMC – Seven more renewable energy projects with a total capacity of over 430 MW have completed procedures for commercial operation and power generation, reported the local media. According to Vietnam Electricity Group (EVN), nine renewable power transition projects have sent their documents to
Domestic fuel prices rise
HCMC – The retail prices of gasoline today, June 1, increased by VND390-520 per liter, according to an announcement jointly issued by the ministries of Industry and Trade and Finance. RON 95-III gasoline now sells for VND22,010 per liter, up by VND520, whereas the price of E5 RON92 bio-gasoline is
Over 500 realty firms exit market in January-May
HCMC – More than 500 real estate businesses had pulled out of the market in the year to May, up 30.4% over the same period last year, data from the Foreign Investment Agency at the Ministry of Planning and Investment showed. The number of new market entrants also dropped 61.4% compared to the same
Around 100 projects eligible for VND120-trillion credit package
HCMC – Around 100 projects have been found eligible for soft loans in the VND120-trillion credit package since it was rolled out one month ago. Speaking at a National Assembly discussion yesterday of the nation’s socio-economic performance this year, Minister of Construction Nguyen Thanh Nghi
Song Than station to become international intermodal rail terminal
HCMC – With Song Than railway station’s international intermodal transport services, businesses can conduct import-export procedures right at the terminal instead of transporting goods to ports in HCMC or Vung Tau for export to China and Europe. Vietnam Railways is building two international
WTO To Rule In Indonesia-EU Steel Stand-off
The World Trade Organization agreed Tuesday to establish a panel to help settle a row between Indonesia and the EU over tariffs which the bloc has slapped on stainless steel products.
Retail sales growth at eight-year high
HCMC – Total retail sales of goods and services in the first five months of the year posted the highest growth in eight years, according to the General Statistics Office. A GSO report said that in May, total retail sales of goods and services amounted to VND519 trillion, up 1.5% from the previous
Coconut exports forecast to hit 1 billion USD in 2023
Coconut products have great export potential and the export value of this industry is forecast to reach 1 billion USD in 2023
Việt Nam is South Korea's 4th largest rubber supplier
However, the Vietnamese rubber market share is shrinking here, while the market shares of Indonesia, China, the Philippines, Cambodia, and Singapore tend to increase.
Current trends guarantee big growth in Vietnam - US trade, investment: USABC leader
The current trends in economic and trade cooperation between Vietnam and the US guarantee big growth in two-way trade and investment in next 10 years and warrant upgrading the partnership to a strategic level, said Ted Osius, President and CEO of the US - ASEAN Business Council (USABC).
Kenya and Russia to sign trade pact, President Ruto says
Kenya will sign a trade pact with Russia aimed at boosting cooperation between businesses, President William Ruto's office said on Monday, after hosting Russian Foreign Minister Sergei Lavrov in Nairobi.
US extends duties investigation into plywood from Vietnam
The US Department of Commerce (DoC) has announced that it will extend the deadline for issuing its final conclusion on an anti-dumping tax evasion investigation into plywood imported from Vietnam, according to the Ministry of Industry and Trade's Trade Remedies Authority.