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PM orders monthly report on public investment disbursement

HCMC – As the disbursement of public investment is still far lower than expected, the prime minister has asked relevant departments to speed up the progress and submit monthly reports on the results in the last months of 2022 and the beginning of 2023. The public investment disbursement between

Gov’t approves investment in Tan Phu-Bao Loc expy project

HCMC – Deputy Prime Minister Le Van Thanh has approved a plan to develop the Tan Phu-Bao Loc expressway project under the public-private partnership format, the provincial government of Lam Dong announced yesterday, November 10. The 66-kilometer-long expressway will link Tan Phu District in Dong

HSBC helps Masan Group access US$600-million loan facility

HCMC – HSBC Vietnam has worked with several other banks to provide Masan Group Corporation, or Masan, and the Sherpa Company Limited, a subsidiary of Masan, with a US$600-million syndicated term loan to facilitate their investment. The loan aims to support Masan’s strategic long-term objectives

Kien Giang tourism bounces back strongly

HCMC – The Mekong Delta province of Kien Giang attracted almost 6.6 million visitors in the first 10 months of this year, up over 180% year-over-year. Kien Giang and other provinces restricted travels last year due to the fourth wave of the Covid-19 pandemic, so they have obtained strong travel

Fuel firms continue grappling with import woes

HCMC – A tight oil supply caused by Western sanctions against Russian exports and a surging demand for oil products of the EU have been blamed for Vietnam’s ongoing fuel shortages. The Vietnam Petroleum Association said it is increasingly difficult to import fuels, worsening gasoline shortages in

Dalat Flower Festival takes place over two months

LAM DONG – The 9th Flower Festival will take place until the end of December with many activities in Da Lat and other localities in the [...]

Vietnam’s first macadamia shipment sent to Japan

HCMC – Krong Nang District in the Central Highlands province of Dak Lak transported a container of macadamia nuts to Japan on November 9, marking the first shipment of macadamia products from Vietnam to the Northeast Asian nation. The six-ton shipment of more than 2,200 packets of dry-roasted

HCMC awaits green light for Can Gio transshipment port project

HCMC – A proposal to include the Can Gio international transshipment port project in the detailed planning for Group-4 seaports has been submitted many times, but there is still no response from the Transport Ministry, said a representative of the Saigon Port Joint Stock Company. The Saigon Port