Việt Nam News

PetroVietnam Low Pressure Gas Distribution JSC (PV Gas D) – a subsidiary of Việt Nam Gas Corporation (PV GAS) - aims to become a leading natural gas products and re-engineered LNG distributor, ensuring clean fuel supply to industrial parks and urban areas in Việt Nam, according to its business strategy to 2025.

The national legislature has requested the Government to write a draft to prepare for the expiration of Resolution 42 on bad debt settlement and hand in the draft no later than May 2023, but insiders say the deadline is tight.

A charter flight carrying 141 passengers from Incheon of the Republic of Korea (RoK) landed safely at Liên Khương International Airport in the Central Highland province of Lâm Đồng on Saturday.

The Ministry of Industry and Trade is verifying information regarding instant noodle products from Việt Nam that have received warnings in the European Union (EU) due to Ethylene Oxide (EO) residue that exceeds the bloc's regulatory threshold.

HCM City will create the most favourable conditions for US businesses to invest in the city’s many fields such as finance, technology, infrastructure, education, healthcare and others, a top city official said.

A programme that seeks to connect suppliers in the Cửu Long (Mekong) Delta with distributors, exporting firms and trade promotion organisations will take place from August 5 to 9 at Lê Văn Tám Park in HCM City’s District 1.

Stocks headed lower on Monday with investors in a cautious mood amid increased selling pressure.

Despite challenges due to the COVID-19 pandemic, it provided a good chance for businesses that managed to exist and make breakthrough growth, according to a report by Vietnam Report JSC.

As production has recovered, and local businesses can meet orders and effectively take advantage of FTAs, experts expected local exports to reach a milestone of US$400 billion this year.

Chu Lai Port belonging to THACO Group’s Trường Hải International Logistics Limited Liability Company has invested in infrastructure, equipment, technology, and services to ensure its development is commensurate with the planning and long-term development orientations.

Fruit processors in the country are unable to source raw materials but, paradoxically, fruits farmers are unable to find buyers for their produce.

Over the last decade, Việt Nam has become a top destination for investment in manufacturing thanks to lower labour costs, simpler supply chain integration, better free trade access, and relative political stability, according to an article freshly published by the news site tradefinanceglobal.com.

Many steel enterprises saw profits drop by up to 90 per cent in Q2 of this year, amid plunging steel prices.

Global rate hike and rising inflation are putting pressure on Việt Nam's monetary management policy.

Domestic banks have promoted lending to firms exporting to the UK to capitalise on the UK-Việt Nam Free Trade Agreement (UKVFTA) as Việt Nam’s shipments to the market have been growing impressively after more than a year since the deal took effect.

The market rose slightly last week, but cautious sentiment capped gains. In the short-term, the VN-Index is expected to escape the downtrend that has last since April, said experts.

Speaking at the “Blockchain in the digital transformation era”, Huy Nguyễn, vice chairman of the Việt Nam Blockchain Association, said Việt Nam has become an emerging market for blockchain thanks to its achievement in digital transformation and digital economy.

HDBank and Unilever Vietnam have signed a strategic agreement that promises to bring huge benefits to customers and enterprises, help optimise their supply chain, scale up finance, and improve service quality.