Việt Nam News

Germany’s Aone Deutschland AG and AquaOne Water JSC (Vietnam) on Monday signed a memorandum of understanding (MoU) on operating water plants for AquaOne with total investment of US$100 million.

Việt Nam has great potential in farming swifts for their edible nests, but authorities should make clear zoning plans and regulations related to quality standards, farming and processing, delegates told a forum in HCM City on March 26.

 Foreign direct investment (FDI) commitments in the first quarter of the year reached a three-year record of US$10.8 billion, up 86.2 per cent year-on-year, according to the Foreign Investment Agency (FIA).

Vietnamese enterprises see a chance to export 20,000 tonnes of rice to Egypt, according to the Ministry of Industry and Trade’s Import-Export Department.

The Ministry of Industry and Trade plans to enhance the application of e-commerce with the aim of narrowing the digital divide, an official said at the Việt Nam Online Business Forum 2019 held on Tuesday in Hà Nội.

The function of the Committee for Management of State Capital at Enterprises (CMSC) was not trading State capital but to organise and develop State capital, said Deputy Prime Minister Vương Đình Huệ.

The Langkawi International Maritime and Aerospace Exhibition (LIMA), the largest of its kind in the Asia-Pacific region, opened in Langkawi, Malaysia on Tuesday, with Malaysian Prime Minister Mahathir Mohamad, senior officials and international delegates in attendance.

Vietnamese shares changed little on Tuesday as investors remained cautious amid uncertainty about the market’s short-term prospects.

The Ministry of Industry and Trade has said domestic petroleum supply is meeting of local consumption demand.

Vietnam Airlines will give away 4,000 discount codes to customers attending and buying online tickets via its website or mobile application at the Việt Nam International Travel Mart (VITM) 2019 in the Hà Nội International Exhibition Centre (ICE) from March 27 to 30.

An oil and chemical tanker with a capacity of 6,500 tonnes was delivered to a company from the Republic of Korea (RoK) in the northern port city of Hải Phòng on Monday.

The State budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Việt Nam, making it more difficult for the Government to help the economy head towards growth, said Professor Trần Thọ Đạt, principal of the National Economics University (NEU).

Hải Phòng needs more than VNĐ3.5 trillion (US$147 million) to invest in developing logistics services in the northern port city over the next two years.

Việt Nam’s total trade turnover reached US$100 billion between the start of the year and March 19, according to the General Department of Vietnam Customs.

Mapletree Investments on March 25 inaugurated its first Mapletree-developed serviced apartment in Việt Nam and unveiled the design for its grade A office twin towers, V Plaza.

Bình Sơn Refining and Petrochemical Co Ltd (BSR) contributed more than VNĐ11 trillion to the State budget in 2018, becoming one of the units under PetroVietnam with the largest contribution to the State budget.

Cashew prices are low at present, according to the Việt Nam Cashew Association (Vinacas).

A wide range of products and services related to heating, ventilation, air-conditioning, air filtration and purification, and refrigeration from more than 250 Vietnamese and international companies and brands are on display at an exhibition that opened in HCM City on March 25.