PM seeks crackdown on housing and bond fraud
HCMC – Prime Minister Pham Minh Chinh has ordered a clampdown on irregularities in the corporate bond and real estate markets, although it could affect market sentiment. The Prime Minister was speaking during a government meeting held Thursday morning, December 1. According to Chinh, rapid and
Turbine test in France boosts Hoa Binh hydropower plant expansion
HCMC – GE Hydro Solutions and Vietnam Electricity Group (EVN) have conducted an acceptance test of the 240-MW turbine at the hydraulic laboratory in Grenoble, France, marking a key milestone in the expansion of the Hoa Binh hydropower plant. Under a deal signed by GE Hydro Solutions and EVN for
Crystal stalactites, jade lake in Thoòng valley
QUANG BINH – On the journey to explore the caves in Thoòng valley, visitors will swim through the jade-colored lake, and watch the stalactites like crystal, [...]
HCMC’s foreign investment approvals up 3.3%
HCMC – As of early December, HCMC’s total foreign investment approvals had reached US$3.54 billion, up 3.3% year-on-year. The municipal authorities have so far this year approved 807 new foreign-invested projects with total pledged capital of US$477.7 million. Remarkably, there are 304 projects in
Vietnam’s rice exporters see opportunities as Indonesia boosts imports
HCMC – Indonesia plans to import 500,000 tons of rice to improve its reserves in 2022, presenting an opportunity for Vietnamese rice exporters to enter the Indonesian market. Indonesia’s national rice reserves have fallen to under 600,000 tons, while the nation aims to secure 1.2 million tons in
HCMC reports strong economic growth this year
HCMC – HCMC’s gross regional domestic product is estimated to rise by over 9% this year, well above the target of 6%-6.5%, showing the city’s strong post-Covid recovery, heard a conference held by the Standing Board of the HCMC Party Committee on November 30. All the three main pillars of the
Super expensive, just the legs of this type of chicken are more than 1 million dong
If a bird’s nest, comedian, shark fin… cost millions of dong, now chicken feet are also offered for sale for millions of dong for a [...]
Go get eggs as small as toothpicks, earn half a million dong a day “delicious”
This type of egg is tiny, very rich in protein, and nutritious, so even though it is sold at a high price of up to [...]
Small steps can create giant leaps in sustainable development
HCMC – Enterprises striving for sustainable development should begin with sustainable business practices as small steps can create giant leaps, panelists said at a seminar themed “Investment for Value” yesterday morning, November 30. The seminar was part of the Saigon Times CSR 2022 Merit
Exporters encouraged to adopt green trade strategy
HCMC – Exporters in Vietnam should pay more heed to a green economy to meet increasingly stricter requirements set by import markets, Minister of Industry and Trade Nguyen Hong Dien told a recent green export promotion forum. Making green products will not only enable exporters to move closer
BAF Vietnam to acquire majority stake in livestock company
HCMC – BAF Vietnam Agriculture Joint Stock Company (BAF) will acquire 717,282 shares, or a 99.9% stake, in Kim Hoi Livestock Manufacturing and Trading Joint Stock Company. The BAF management board has passed a resolution on the stake acquisition, assigning BAF general director to take charge of
Government plans to rearrange state-owned enterprises till 2025
HCMC – Deputy Prime Minister Le Minh Khai has signed a decision approving a plan of rearrangement of state-owned enterprises for the period of 2022-2025 in the form of one-member limited company, equitization, re-arrangement and divestment. Accordingly, the Government will equitize 19 enterprises