The project is being developed by Vihoce JSC, a company established by the joint venture, and is scheduled for completion in 2030.
Việt Nam has taken another step towards building an international financial centre by setting up a high-level steering council to oversee its development and operations.
Manulife has donated over VNĐ1 billion to help central Viet Nam communities recover from November’s historic floods, supporting relief efforts and speeding financial and insurance assistance to affected families.
Việt Nam Electricity (EVN) on Friday launched and inaugurated a series of major power projects in a coordinated nationwide infrastructure push to mark the upcoming 14th National Congress of the Communist Party.
The port city simultaneously launched and inaugurated 13 projects worth nearly VNĐ20 trillion (US$760 million), contributing to infrastructure upgrades, expanded development space and improved living standards.
Initial products are expected to be launched in 2027, making Hoa Phat the first and only producer in Southeast Asia capable of manufacturing these special steel grades domestically.
The plant will use agricultural and forestry by-products as fuel and is expected to supply about 300 gigawatt-hours of electricity annually once it enters commercial operation in early 2028.
This marks the first time that the entire supply chain of one of Việt Nam’s most prominent industries has been systematised, visualised, and officially published in a structured manner, aiming to promote trade, attract investment, and support sustainable industrial development.
Việt Nam must urgently reform its energy market with transparent pricing and clear regulations to attract the investment needed for double-digit economic growth, industry leaders said.
Amid nationwide momentum ahead of the 14th National Congress of the Communist Party of Việt Nam, Cần Thơ City on December 19 inaugurated and launched several major projects across the city.
The Việt Nam International Baby Products & Toys Expo (IBTE) opened in HCM City on Thursday, featuring more than 250 enterprises with 500 booths.
Artificial intelligence is opening up a fundamentally new operating model for manufacturing enterprises, according to the Investment and Trade Promotion Centre of HCM City.
New rules let local companies compete for massive train and track contracts
Under EUDR, commodities such as coffee, cocoa, rubber, timber, palm oil, soy and beef must demonstrate legal origin and no link to deforestation or forest degradation after December 31 2020.
The Hà Nội People’s Committee and Sun Group will officially break ground on December 19, on the Project for the Renovation, Upgrading and Revitalisation of park corridors along both banks of the Tô Lịch River.
The successful landing of the wide-body aircraft further demonstrated the high level of readiness at Long Thành International Airport, as well as the effective coordination among relevant authorities and service providers.
Multisectoral conglomerate Vingroup today kicked off the construction of four projects worth a combined capital of more than VNĐ127 trillion (roughly US$5 billion) in Hà Tĩnh Province.
Tây Ninh currently houses more than 1,950 foreign direct investment (FDI) projects, with total registered capital exceeding $24.5 billion. In 2025, the province’s total export turnover was estimated at over $16 billion, up 9.21 per cent compared to last year.
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