Binh Phuoc’s 34 infrastructure projects require VND16.6 trillion
HCMC – The southern province of Binh Phuoc will need roughly VND16.6 trillion to implement 34 traffic infrastructure projects by 2025 to upgrade its transportation system, according to a scheme recently passed by the province’s chairman, Tran Hue Tien. The province underlined the need to develop
Loc Troi gets US$100 million loan to produce quality rice
HCMC – Loc Troi Group, or LTG, has signed a syndicated credit agreement with seven local and foreign banks with a credit line of up to US$100 million, helping supplement its working capital for investment in high-quality rice production. The syndicated loan will be executed in three years and
Switzerland eyes stronger economic cooperation with HCMC
HCMC – Switzerland is aiming to strengthen economic cooperation with HCMC in the coming time, heard a meeting between Secretary of the HCMC Party Committee Nguyen Van Nen and the consul general of Switzerland in HCMC on October 25. Speaking at the meeting, Consul General of Switzerland in HCMC
Can Gio int’l container terminal planned to supplement Cai Mep-Thi Vai
HCMC – A port project in HCMC’s outlying district of Can Gio will serve international shipping and transit demand, enhancing the operational effectiveness of the Cai Mep-Thi Vai port, according to Phan Van Mai, chairman of HCMC. Mai stated that the Can Gio international container terminal project
Vietnam’s Party leader set to visit China
HCMC – General Secretary of the Communist Party of Vietnam Central Committee (CPVCC) Nguyen Phu Trong will pay an official visit to China from October 30 to November 2, reported the Vietnam news agency. The CPVCC’s Commission for External Relations announced on October 25 that the visit is made at
Vietnam’s central bank announces 2nd interest rate hike in just one month
HCMC – The State Bank of Vietnam (SBV), the central bank of the nation, announced last night (October 24), that key interest rates would be hiked by one percentage point, with effect from today (October 25). This is the second interest rate increase in just one month. The interest rate cap for
Vietnam, Thailand promote tourism cooperation
HUE – From October 21 to 24, representatives of Thailand and Vietnam’s Thua Thien-Hue Province exchanged visits to boost tourism cooperation. According to the Thua Thien-Hue Tourism Department, the mutual tourism promotion is part of a plan to make the most of charter flights to Thailand in the
Vietnam seeks to repatriate Nguyen dynasty antiques put up for auction
HCMC – A gold seal cast in 1823 under Minh Mang Emperor’s reign from 1820 to 1841 and a gold bowl dating back to the reign of the Khai Dinh Emperor from 1917 to 1925 will be auctioned on October 31 by auction house Millon in France. However, Vietnam is seeking to negotiate the repatriation […]
Farmers reluctant to increase livestock amid uncertainties
HCMC – Livestock farmers at this point in time usually boost meat supply in the lead up to the Lunar New Year; however, they need to take economic uncertainties and market upheavals into account before expanding their livestock this year. According to a representative of the Dong Nai Animal
VinFast receives US$135m of ADB-led green financing
HCMC – Vietnamese electric vehicle (EV) manufacturer VinFast has received a US$135 million financing package from the Asian Development Bank (ADB) to manufacture Vietnam’s first fully-electric public transport bus fleet and first national EV charging network. VinFast said in a statement today,
Cai Lay BOT stations collect nearly VND700 million each day
CAN THO – Since toll collection officially resumed on October 7, the two Cai Lay BOT stations have collected nearly VND9.5 billion, averaging out at VND700 million a day, according to the main investor of the project. The number of vehicles passing through the toll stations reaches roughly 19,400
Vietnam Airlines to launch online check-in service at Buon Ma Thuot airport
HCMC – National flag carrier Vietnam Airlines, which trades its HVN shares on the Hochiminh Stock Exchange, will begin offering online check-in service to passengers departing from the Buon Ma Thuot airport in the Central Highlands province of Daklak on October 25. The airline has so far provided