US$1.5-billion venture capital pledged to Vietnam
HCMC – Thirty-nine venture capital funds committed a combined US$1.5 billion to Vietnam in the 2023-2025 period during the Vietnam Venture Summit 2022 in Hanoi yesterday, December 19. The event was held by Vietnam’s Ministry of Planning and Investment and co-organized by the National Innovation
U.S. announces new contract for Bien Hoa airbase dioxin clean-up project
HCMC – The United States Agency for International Development (USAID) has announced a new contract worth some US$29 million to begin the next stage of the dioxin clean-up project at the Bien Hoa Air Base. USAID issued the four-year contract for civil works to Vietnamese firm VINA E&C
Agri Index introduces rice exchange project
CANTHO – Agri Index has introduced a project to set up an exchange for rice and rice by-products made through a circular economy model. The project is intended to connect those entities focusing on circularity in rice production in Dong Thap and other Mekong Delta provinces. When in place, the
Vietnam’s forest product exports hit record this year
HCMC – The export value of Vietnamese forest products is estimated to reach US$16.5 billion in 2022, up 4% over the same period last year, resulting in a trade surplus of around US$13 billion, according to the Ministry of Agriculture and Rural Development. Despite woes being caused by the
Trade remedy cases against Vietnam’s exports rise rapidly
HCMC – Vietnam had recorded 224 cases subject to the trade remedies of other countries in the year to October, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade. For the trade remedy cases, 26 were reported from 2005 to 2010 and 52 in 2011-2015, while
Contractors chosen for North-South Expy’s two bidding packages
HCMC – Project Management Unit No. 7 under the Ministry of Transport has chosen two consortiums of contractors for the bidding packages of the Chi Thanh-Van Phong and Van Phong-Nha Trang sections of the second-phase North-South Expressway. The VND4.4-trillion package of the Chi Thanh-Van Phong
Tra fish exports hit all-time high
HCMC – The tra fish export revenue this year is expected to set a new record of US$2.4 billion, soaring by 70% over 2021, according to the Vietnam Directorate of Fisheries under the Ministry of Agriculture and Rural Development. The tra fish farming area in Vietnam is about 5,500 hectares with
Damsan to increase stake in energy subsidiary
HCMC – Damsan Joint Stock Company, whose ADS shares are traded on the Hochiminh Stock Exchange, plans to pump an additional VND86.4 billion into its energy business arm, called AD Green Corporation, in the first quarter of 2023. The board of Damsan has passed a resolution on the capital
CTBC Bank hands over library to primary school in HCMC
HCMC – CTBC Bank – HCMC Branch organized a charity and CSR event yesterday, visiting and handing over a library to the Dong Hoa Primary School in the suburban district of Can Gio, HCMC. The bank funded VND120 million for the library renovation project and its necessary equipment, including
The whole neighborhood invites each other to plant a tree that only sells leaves and prospers, escaping poverty
Although it is no longer commonly used as in the past, betel leaves still help people in Vi Thuy and Hau Giang districts to rise [...]
What secret makes 9X girl sell 10,000 boxes of crab soup “fast as lightning”
Although the family has its own business, Nguyen Huyen is still determined to start a business, opening her own branded crab soup shop. After only 1 [...]
The farmer sells a pair of super giant deer velvet, counting hundreds of millions of “fresh” money
On average, a pair of deer velvet weighs 3-4kg, but Pham Hong Thai’s 5-year-old deer owns a pair of velvet up to 11kg, bringing home [...]