Funding shortfall leaves Ben Luc-Long Thanh Expy suspended
HCMC – The slow pace of capital disbursement has impeded the progress of the Ben Luc-Long Thanh Expressway project, leaving it unable to meet deadlines. The construction value of the project has reached an estimated VND11 trillion, equivalent to some 80% of the construction volume, Vietnam
Vietnam detects second case of monkeypox in HCMC
HCMC – The HCMC Department of Health confirmed its second case of monkeypox this morning, October 20, a 38-year-old female resident of Tuyen Quang Province, who traveled to Dubai between September 29 and October 18. The patient displayed symptoms of fever with fatigue, nausea and rashes on several
ManpowerGroup launches Future of Work research
HCMC – ManpowerGroup has launched the three-part “The Future of Work” series, in partnership with Everest Group, to provide practical advice to human resources (HR) leaders and organizations on navigating the next normal for their organizations after the Covid-19 pandemic. The research leverages
Vietnam, S.Korea eye US$100b in bilateral trade by 2023
HCMC – State President Nguyen Xuan Phuc suggested Vietnam and South Korea strive to raise two-way trade to US$100 billion by 2023 and US$150 billion by 2030. President Phuc put forward the suggestion while receiving South Korea’s Minister of Foreign Affairs Park Jin at the Presidential Palace in
SHTP proposes reinstating one-door investment approval process
HCMC – As the Saigon Hi-Tech Park (SHTP) in HCMC has seen a spike in new foreign-invested projects in recent years, it has proposed the HCMC government reinstate a one-door investment approval process to facilitate investment activity. The current rules require investors to work with different
HCMC set to start work on three key roads by year-end
HCMC – HCMC will begin construction on three major traffic infrastructure projects by the end of this year with an investment of over VND10,000 billion. Luong Minh Phuc, director of the HCMC Management Board of Transportation Works Construction and Investment Projects (TCIP), said the three
EU investment may surge in late 2022
HCMC – Some 42% of European businesses active in Vietnam may expand their operations in the country, the European Chamber of Commerce in Vietnam (EuroCham) said in a recent report. European investor confidence in Vietnam’s growth potential slightly decreased amid global economic uncertainties, as
Train tickets for Lunar New Year holiday available next week
HCMC – Train tickets for the 2023 Lunar New Year holiday will be offered for sale from October 25 to cater to the strong demand of passengers during this peak travel season. Passengers traveling in groups can book tickets in advance from October 11 to October 20. From October 25, tickets will be
China considers importing sweet potatoes from Vietnam
CAN THO – China will send a team to Vietnam this week to conduct inspections of sweet potato growing areas and packaging facilities in preparation for importing the produce into the Chinese market. Le Van Thiet, deputy director of the Plant Protection Department under the Ministry of Agriculture
FDI disbursements at five-year high
HCMC – Capital disbursements of foreign direct investment (FDI) projects reached US$15.4 billion between January and September, its highest nine-month figure in five years. The total amount of FDI capital that was disbursed in the first nine months increased 16.2% year-on-year, according to the
VSIP Group gets green light to develop industrial park in Can Tho
CAN THO – The Vietnam Singapore Industrial Park (VSIP) Group yesterday, October 17, received an investment certificate to develop a new industrial park in the Mekong Delta city of Can Tho. The investment certificate was presented to Kelvin Teo, CEO at Sembcorp Development, a wholly-owned
3.6 million good households are the backbone of the professional farming workforce
(VAN) Minister Le Minh Hoan believed that the professionalization or intellectualization of farmers was a never-ending process since knowledge is infinite.