PetroVietnam surpasses production targets in 11 months

The Việt Nam National Oil and Gas Group (PetroVietnam) has reported oil and gas production output of 22.1 million tonnes in the first 11 months of 2018, surpassing its target by 5.4 per cent and fulfilling 96.8 per cent of its yearly plan.

PV Oil to sell State’s stake

PetroVietnam Oil Corporation (PV Oil), the second-largest petrol dealer in the country, will sell the State’s stake in a package deal instead of splitting it into different small sales, news site ndh.vn reported.

Shrimp by-products should be used

The Government should have policies to support research and processing that would used shrimp by-products as high-value products, experts have said.

VN to reduce pepper area to focus on quality

The pepper industry plans to reduce the area under the spice and focus on improving quality to ensure long-term growth, according to the Ministry of Agricultural and Rural Development.

Start-ups embrace logistics sector

The logistics sector has been the bottleneck for Việt Nam’s economic development, but offers plentiful opportunities for local startup companies with the application of technologies.

Leipzig opens office in HCM City

The city of Leipzig has become the first German locality to open a representative office in Việt Nam, strengthening the trade and investment partnership between Germany and Việt Nam and connecting businesses of the two nations, according to the German Business Association in Việt Nam.

$30m coffee factory opens in Đồng Nai

A major coffee processing factory, expected to become the biggest of its kind in Việt Nam, was inaugurated on Saturday in the southern province of Đồng Nai’s Nhơn Trạch 3 Industrial Zone

Firms have social responsibility

Highly capable and diverse boards of directors that adhere to social responsibility are crucial for corporate sustainability, experts said during a forum in HCM City yesterday.

Viet Nam aims to become furniture hub

Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Việt Nam to become a global furniture hub, a conference heard in HCM City yesterday.

Centre founded to support co-operatives

A support centre for co-operative development was opened in Hà Nội on December 6 to help Vietnamese co-operatives get more involved in agricultural value chains.

 

Global integration key to logistics development

The Vietnamese logistics sector must take advantage of global integration to reach its full potential, deputy minister of industry and trade Cao Quốc Hưng said at a meeting on Friday.

US ambassador wants ’free and open’ Asia

 A “free and open” Asia is vital to achieve the mutual goal of all nations to ensure peace, stability and prosperity regionally and globally, speakers said on December 7 at a regional economic forum held in the city.

 

 

HCMC to make selling technology easier

The HCM City Department of Science and Technology has been trying to commercialise research outcomes by linking demand and supply, investing to bring technologies to the market and helping register intellectual property rights.

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