Traffic congestion is biggest obstacle to southeast’s development
HCMC – Traffic congestion is the biggest challenge for the economic development of the nation’s southeast region, given that only 50 kilometers of expressway has been built among the six key provinces in the past 10 years, according to the prime minister. The southeast region encompasses HCMC,
PM: Vietnam will not expand economy at expense of environment
HCMC – Vietnam will not pursue economic growth at the expense of the environment, Prime Minister Pham Minh Chinh told the Green Economy Forum & Exhibition 2022 (GEFE 2022) in HCMC on November 28. He said at the event, held by the European Chamber of Commerce in Vietnam (EuroCham Vietnam), that
IPP Air Cargo approval procedure suspended at investor’s request
HCMC – The Transport Ministry has informed to the Prime Minister of a suspension of the approval procedure for the IPP Air Cargo JSC at the request of the carrier’s investor. Deputy Transport Minister Le Anh Tuan said that the Civil Aviation Authority of Vietnam (CAAV) had reported to the
PM urges HCMC to speed up public investment disbursement
HCMC – Prime Minister Pham Minh Chinh has urged HCMC to speed up the disbursement of public investment to further boost economic growth. He was speaking at a meeting with the municipal government on the city’s socio-economic growth on November 27, identifying public investment as one of the key
Gloomy outlook for exporters of aquatic products next year
HCMC – The number of orders and the export value of the aquatic products sector have plunged dramatically, though the year-end season usually witnesses a spike in demand. According to a survey carried out online and in-person by vietnambiz.vn, 71% of some 117 seafood companies said the aquatic
Healthy collapse
A fortnight ago, representatives of some foreign investment funds joined a meeting with the Ministry of Finance to present their concerns about the issue of corporate bonds. A representative recalls how he departed the meeting with an unnamable feeling, as if he had not attended the meeting, as if
Rice, drone and milling machines
For the first time, the Vietnam International Agricultural Trade Fair 2022, held in Can Tho City in the Mekong Delta on November 2, featured a variety of high-technology equipment for agricultural production. With seven booths for drones and four for milling machines, there appears to be a new
Vietnam’s products make their brands
Vietnam is considered one of Southeast Asia’s most booming high-end product markets, worth nearly US$1 billion. Recent years have seen the domination of foreign products through official agents and hand-carried goods. While Vietnamese brands dominate most of the market, they are positioned in the
The natural beauty of Trang An
Trang An Landscape Complex is a mixed cultural and natural property within three protected areas, including the Hoa Lu Ancient Capital, the Trang An-Tam Coc-Bich Dong Scenic Landscape, and the Hoa Lu Special-Use Forest. Located in the northern province of Ninh Binh, the UNESCO-recognized site
Facilitating capital flows
Vietnam’s stock and property markets are struggling with volatile capital flows. If the situation is not properly tackled, dire consequences would be unavoidable. Coping solutions should be sought to ease capital flows. Should the property market be rescued at all costs? A duck in water and
Southeastern provinces attract over US$10 billion in new investments
HCMC – Southeastern provinces have attracted more than US$10 billion and VND5 trillion from 20 investment projects in fields such as oil refining, electronics, industrial park infrastructure, tourism and urban development. Prime Minister Pham Minh Chinh witnessed the presentation of investment
Groundwater exploitation threatens HCMC
HCMC – HCMC is making effort to reduce groundwater exploitation to 100,000 cubic meters per day to combat land subsidence, the HCMC Department of Natural Resources and Environment said. In its report on the master plan for clean water supply and ending the exploitation of underground water by
