Danang sees industrial production up 8.6% in Jan-Nov
HCMC – Danang’s industrial production index (IPI) in the year to November had improved 8.6% over the same period last year, according to data from the Danang Statistics Office. During the 11-month period, the central coast city saw its manufacturing and processing sector expanding 7.4%
HCMC wants to restore historic Ba Son Shipyard
HCMC – HCMC has proposed restoring the historic Ba Son Shipyard, with an estimated investment of some VND230 billion. The HCMC’s People Committee has sent an urgent official document to the Ministry of Culture, Sport and Tourism, seeking an appraisal for the project to restore the Ba Son Shipyard,
HCMC launches Online Friday 2022
HCMC – HCMC is entering the shopping season with a host of events being kicked off to promote consumption, including Online Friday 2022 and the second Promotion Month, launched yesterday, December 1. The launch event was co-held by the Vietnam E-commerce and Digital Economy Agency, under the
International trade fair kicks off in HCMC
HCMC – The 20th Vietnam International Trade Fair, Vietnam Expo 2022, opened at the Saigon Exhibition and Convention Center in HCMC’s District 7 on December 1, featuring 550 booths with more than 520 enterprises from 20 countries and territories. The three-day event consists of a series of
RMIT Vietnam team champions STR’s Asia Pacific market study contest for first time
HCMC – A team of students from RMIT Vietnam outperformed other countries to progress to the final round of the 2022 STR Student Market Study Competition hosted by Smith Travel Research (STR), one of the prominent sources of premium global data benchmarking and market insights for the tourism,
Realty firms struggle to stay afloat amid uncertainties
HCMC – Many realty enterprises have ceased operations in recent times, while the active ones have laid off staff or cut salaries amid market uncertainties. Layoffs have recently become more widespread among not only medium and small-sized realty businesses but also large corporations. Subject to
LSP inaugurates first key plants of petrochemical project
HCMC – Long Son Petrochemicals Co., Ltd. (LSP) has inaugurated the first key plants of the Long Son Petrochemicals Complex, namely Specialized Tank Terminal and Central Utilities Plant, in the southern province of Ba Ria-Vung Tau. LSP put into operation three important units of Specialized Tank
Binh Duong looks to become smart province by 2030
HCMC – Binh Duong looks to become a smart city, a modern industrial hub, a leading high-quality service center and a livable and sustainable environment by 2050. The plan was announced at a conference co-held by the provincial Department of Planning and Investment, Becamex IDC and the Vietnam
Upbeat outlook forecast for Vietnam’s M&A market
HCMC – Investors could hope for an uplift in Vietnam’s mergers and acquisitions (M&A) market, which is showing signs of growth, especially when tight capital market conditions have forced many enterprises to undergo restructuring, sell part of their assets and call on additional investments.
Futabusline to start shuttle service to new Mien Dong Coach next month
HCMC – Phuong Trang Futabusline Passenger Car Corporation will provide passengers with free shuttle services from and to the new Mien Dong Coach Station beginning in December. The HCMC Department of Transport officially approved Futabusline’s proposal for their free shuttle service yesterday
Construction ministry to inspect over VND100-billion projects
HCMC – The Ministry of Construction has assigned its inspectorate to organize inspections of those projects valued at over VND100 billion, mainly invested by local authorities, state-owned enterprises and corporations in 2023. Some three project management boards on the inspection list for 2023
Ministry orders strengthening food safety after mass food poisoning
HCMC – The Ministry of Education and Training has written to provincial and municipal governments, urging them to improve food safety and clamp down on violations. It also ordered schools to strictly follow food hygiene and safety protocols, check the origin of food and food processing, and only