Việt Nam News

Paper and packaging enterprises are optimistic about their prospects this year thanks to Viet Nam's stable business situation.

With limited vacancies and high rents in the central business district in HCM City, non-CBD supply will continue to deliver affordable office space and keep a ceiling on rents, according to Savills Việt Nam.

The country’s apartment inventory was estimated at some 3,300 units by the end of the first quarter of the year, falling 5,700 units compared to the same period last year, according to the Ministry of Construction (MoC).

This represented a rise of nearly 3 per cent over 2019, a very positive result compared to the previous forecast in the context of the COVID-19 pandemic.

Việt Nam exported 486,000 tonnes of rubber worth US$817 million in the first four months of 2021, up 79.6 per cent in volume and 111.6 per cent in value compared to the same period last year, according to the Ministry of Agriculture and Rural Development.

The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large value on both exchanges. 

The projects aim to build a power plant fuelled by liquefied natural gas (LNG) and an LNG depot in the southern part of the Vân Phong EZ.

Hitachi SE's renewable energy business expanded its market to Việt Nam by signing a strategic co-operation agreement with Trung Nam Wind Power Joint Stock Company of Trung Nam Group (TNG) in HCM City yesterday.

HCM City travel companies are reporting cancellation and rescheduling of bookings for summer amid the recent resurgence of COVID-19 across the country.

The number of patents granted to Viettel has increased by 142 per cent a year which is nearly eight times higher than the country’s average increase of 18 per cent.

The Ministry of Industry and Trade has proposed the Government consider policies to tighten exports of steel products to stabilise the domestic market amid soaring steel prices in recent months.

Hà Nội plans to turn the Long Biên inland container depot (ICD) into a modern logistics centre with a complete chain to meet the increasing demand for logistics services.

Exporting fruit and vegetables brought Việt Nam US$1.35 billion in the first four months of this year, up 9.5 per cent year-on-year, data of the Ministry of Agriculture and Rural Development’s Agro Processing and Market Development Authority (Agrotrade) showed.

Despite Vietnamese companies’ total net profit growing 81 per cent year-on-year in the first quarter, many still posted big losses.

Fitness, lifestyle and entertainment company CMG.ASIA and NRG Esports, one of the world's biggest professional gaming and entertainment companies, have announced a partnership to establish NRG ASIA, a new esports management and media company focused on representing Southeast Asia’s up-and-coming players.

A batch of boiler pressure components using waste to energy (WtE) technology has been shipped to a power plant at Fushimi, Kyoto, Japan after nine months of production at Doosan Heavy Industries Việt Nam (Doosan Vina) in the central province of Quang Ngai.

Exports of cassava and cassava-based products were estimated to be worth US$443 million in the first four months of the year, a year on-year increase of 23.9 per cent, according to the Agro Processing and Market Development Authority.

German firms have expressed their optimism about Việt Nam's economy in both the mid and long-term in a survey released by the Association of German Chambers of Industry and Commerce (DIHK) on Thursday.