Việt Nam News

Việt Nam, along with Thailand, is considered the first choice for suppliers based in Taiwan (China) planning to move into Southeast Asia to address increasing capacity demand, Digitimes Asia has reported.

Enterprize Energy (EE) has signed a contract with PetroVietnam Technical (PTSC) G&S and Fugro to supply, install and operate a Floating LiDAR (FLiDAR) at the planned site of a wind power project offshore of the south-central province of Bình Thuận.

The AFD will provide a long-term loan of US$100 million to BIDV and technical assistance worth 300,000 euros ($366,000) to the bank and its customers.

Chairman of the provincial People’s Committee Lê Văn Hẳn said local authorities are making every effort to call for investment in maritime economic development, tourism, industry, agriculture, infrastructure development in industrial parks and clusters, and urban development.

Việt Nam’s furniture exports to the US have risen sharply in recent times, but to sustain the growth firms need to focus on complying with regulations in that market, including sustainable development norms, experts have said.

The US Department of Commerce (DOC) has issued a positive conclusion for Việt Nam in the anti-dumping and countervailing duty probes into imported automobile tyres.

The central city of Đà Nẵng has maintained its leading position in terms of readiness for Information and Communications Technology (ICT) development and application, topping the Vietnam ICT Index rankings for another year in 2020.

The VN-Index slumped for the first time in seven trading days on Thursday after investors sought profits following a long rallying streak.

Bắc Ninh authorities have called for the province's more than 400,000 industrial park workers to be vaccinated against COVID-19 to avoid a two-week shutdown of the parks that would cause about VNĐ50 trillion (US$2.15 billion) in damage.

Việt Nam's streets are known for being bustling with motorbikes, but this reliance on gas-guzzling vehicles comes with a high environmental cost. One start-up called Dat Bike is trying to change hearts and minds, and convince drivers that the road to the future is electric.

Amid several COVID-19 outbreaks, the agriculture sector has had plans to cope with the pandemic and maintain production and business. Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến spoke to local media about this issue.

Contractors building eight wind power plants in Sóc Trăng Province have promised to speed up work so that they can begin generating electricity before the end of October.

The prices of raw materials for food processing have increased continuously since the outbreak of the COVID-19 pandemic, which is expected to dramatically affect the profits of food firms in 2021.

Lộc Trời Group Joint Stock Company (UPCoM: LTG) targets revenues and pre-tax profits of VNĐ14.155 trillion (US$614.39 million) and VNĐ507 billion ($22 million) this year, 88.5 per cent and 12 per cent up from last year.

While many firms have been shut down during the COVID-19 pandemic, plenty have also been established, aiming to become part of the 'new normal' business environment.

The rise of online shopping is driving demand for cold storage facilities, a segment that is severely short of supply around the world.

Việt Nam's stock market settled higher on Wednesday with the benchmark hitting new highs on the back of bank stocks. Meanwhile, foreign investors flocked back to the market as they net bought a value of nearly VNĐ180 billion.

The International Finance Corporation is funding the development and construction of two wind power projects in central Việt Nam to support the country’s transition to cleaner low-carbon power generation.