Vietnam’s fuel imports surge in Jan
HCMC – Vietnam imported 1.03 million tons of fuels worth US$879 million last month, rocketing 70% in volume and 92.6% in value year-on-year, according to the General Department of Vietnam Customs. The country also imported one million tons of crude oil worth US$621 million last month, up 43.8%
EuroCham suggests Vietnam’s visa waiver for all EU nations
HCMC – The European Chamber of Commerce (EuroCham) has proposed Vietnam expand its visa waiver program to all European Union (EU) countries and offer a longer visa-free stay to attract European visitors, EuroCham said in its 14th White Book launched in Hanoi on February 16. Vietnam should
S.Korea tops in foreign-affiliated investments in Vietnam in 2016-2020
HCMC – South Korean investments in affiliated firms in Vietnam ranked first between 2016 and 2020, according to a recent report by the General Statistics Office. Foreign-affiliated firms are known as businesses with a foreign ownership of over 50%. During the period, there were 5,663 South Korean
Two Vietnamese-invested undersea internet cables ready by year-end
HCMC – Two new undersea internet cables, invested by Vietnamese telecom giants VNPT and Viettel, will be put into operation by the end of this year or in early 2024. A representative of Vietnam Posts and Telecommunications Group (VNPT) said that the Southeast Asia-Japan 2 Cable System (SJC2),
Material shortage seen setting back cross-nation expressway project
HCMC – The total quarrying capacity of companies licensed to supply building materials for the North-South expressway is below demand, leading to some components of the expressway possibly falling behind schedule. According to the Transport Construction Investment Management Authority under the
Dong Nai approves component one of Bien Hoa-Vung Tau expy
HCMC – The government of Dong Nai Province yesterday, February 16, approved component one of the phase-one Bien Hoa-Vung Tau expressway that will pass through the southern province. Component one will start at National Highway 1 in Phuoc Tan Ward, Bien Hoa City, and end in Long An Commune, Long
Vietnam’s durian exports to China targeted at US$1 billion this year
HCMC – Vietnam’s durian shipments to China are forecast to fetch over US$1 billion in all of this year, said Dang Phuc Nguyen, general secretary of the Vietnam Vegetable and Fruit Association. Since Vietnam started formal durian exports to China in September last year, some US$400 million worth of
Vietnam looks to boost tech cooperation with Japan
HCMC – Vietnam expects Japan to strengthen bilateral cooperation in key industries, with a focus on technology, Deputy Prime Minister Tran Luu Quang said yesterday, February 15. Speaking at the Vietnam-Japan Economic Forum 2023, Quang proposed that Vietnam and Japan continue developing bilateral
Vietnam-China trade surpasses US$11 billion in Jan
HCMC – The first month of 2023 saw two-way trade between Vietnam and neighboring China reaching US$11.1 billion, General Department of Vietnam Customs data showed. Vietnam last month exported US$3.87 billion worth of products to China while importing goods valued at US$7.23 billion from the
Ha Giang weighs mixed-use airport project
HCMC – The northern upland province of Ha Giang is working on a plan to build an airport which will serve both military and civil purposes, said a local official. A planning consulting firm in the province suggested building the airport for civil and military uses on 500 hectares of land, which
Vietnam steps up IUU fishing fight
HCMC – Vietnam is intensifying the fight against illegal, unreported and unregulated (IUU) fishing practices just ahead of the fourth Vietnam visit by European Commission (EC) inspectors. Deputy Prime Minister Tran Luu Quang has signed a decision providing guidelines for combatting IUU fishing,
PM wants Rach Mieu 2 Bridge completed ahead of schedule
HCMC – Prime Minister Pham Minh Chinh has urged the relevant authorities to expedite site clearance to shorten the construction of Rach Mieu 2 Bridge by six months. During his visit to the Rach Mieu 2 Bridge construction site in Chau Thanh District, Ben Tre Province, this morning, February 15,
