News
Solar sector waits on FiT power-up
As Vietnam looks to raise the nation’s renewable energy sources, foreign investors are sensing an opportunity for solar energy projects. But low feed-in-tariffs are slowing this movement, to the dismay of both local and international organisations. Representatives of six German firms recently came to Vietnam to ...
Consumers in Vietnam go ‘hog wild’ for pork
Vietnam has a population of approximately 93 million people with, according to official reports, an average pork consumption of about 20 kg per capita annually that is on a trajectory to double over the next few years. The nation’s pork production ranks sixth on a global ...
Illegal waste imports reach alarming level
Mismanagement and legal loopholes have both lent a hand to enterprises to illegally import prohibited waste. The National Assembly’s Standing Committee convened a meeting on September 13 discussing the amendment of the Technology Transfer Law. At the meeting, National Assembly’s Chair Nguyen Thi Kim Ngan asked: “Will ...
Flooding remains severe in HCMC despite huge investment
HCMC is struggling with worsening flood issues despite huge spending on anti-flood projects over the years, said a recent conclusion signed by chairman Nguyen Thanh Phong on illegal land reclamation on the city’s drainage systems. A lot of streets in the city are submerged after heavy ...
Businesses still struggle with administrative procedures
Vietnam has made some strides in administrative reform but local enterprises are still grappling with administrative procedures relating to taxes, sub-licenses and inspections, heard at a meeting between National Assembly deputies and businesses on October 3. Aside from capital, market and technology, the business community needs ...
Giant East Asian manufacturers dominate Vietnam’s industrial parks
Giant East Asian manufacturers were major clients of industrial parks across Vietnam in the first half of 2016, according to a report on industrial real estate released on October 4 by Savills Vietnam. The most outstanding projects came from hi-tech product manufacturers of the Republic of ...
PM welcomes new WB Country Director in Vietnam
Prime Minister Nguyen Xuan Phuc congratulated Ousmane Dione on his appointment as new Country Director for the World Bank in Vietnam at a reception at the Government’s headquarters in Hanoi on October 4. He said the WB is important to Vietnam and bilateral relations are being ...
Thermal power plants increasing on Hau River
Why are coal-run thermopower plants located on the Hau River? Why do the plants all use Chinese technology? Will there be another Formosa on the Hau River? These are questions raised by environmental experts about the appearance of many coal power plants believed to threaten the ...
Large M&A deal could change Vietnam’s sugar industry
Hoang Anh Gia Lai Group HAGL has finally confirmed that it is negotiating with Thanh Thanh Cong on the transfer of its sugar mill in Laos to TTC. As both of them are giants in their field, the deal is expected to lead to big ...
Gov’t: overturn online business limits
The Ministry of Justice on October 3 proposed eliminating a ban on business services offered online or via communication networks without getting prior permission. Reporting to the National Assembly Standing Committee, which kicked off its fourth meeting session in the morning of October 3, Justice Minister ...
