News

Coal-caked home shows danger of Vietnam’s cheap power

After Quang Ninh province’s worst torrential rains in four decades, residents still face lingering danger. Toxic run-off from an open-pit coal mine left a trail of contamination, from local streams to the emerald waters of Ha Long Bay, a UNESCO World Heritage site whose islets attract more than 1 ...

Vietnam sees trade deficit of 19.3 bln USD with China in 7 months: customs

Vietnam saw a trade deficit of over three billion U.S. dollars with China in July, bringing the figure in the first seven months of 2015 to hit some 19.3 billion U.S. dollars, said Vietnam Customs on 17 August.   Keep reading ...

Vietnamese plea to Thailand: Don't divert the Mekong

People in Vietnam hope Thailand will reconsider its plan to divert water from the Mekong, because it would seriously affect their ability to produce food. The Mekong Delta is Vietnam’s most important agricultural area. Each year, the area produces the most rice and fruit in the country. This region ...

Vietnamese companies to mine rock salt in Khammuan, Laos

Two Vietnamese companies have inked a deal for a joint venture rock salt mining project in Khammuan province, Laos, with an engineering, procurement and construction contract signed in Hanoi, Vietnam, on 14 August. Vietnam Chemical Group and Vietnam Lao Chemical and Rock Salt Limited Company signed ...

Phu Quoc forests, farm lands may have to give way for casino, resort

Authorities in the southern province of Kien Giang are seeking the government’s permission to allocate more than 2,000 hectares of farm and forest land in Phu Quoc for tourism projects. Keep reading ...

Vietnam competitive wholesale power market to launch officially by 2019

Vietnam’s Ministry of Industry and Trade has issued Decision 8266 approving a detailed design for the competitive electricity wholesale market. Keep reading ...

16 Vietnamese localities urged to map out action plans on agricultural restructuring

The Ministry of Agriculture and Rural Development held a conference in Hanoi on 13 August reviewing the implementation of agricultural restructuring measures in the past two years. Deputy Prime Minister Hoang Trung Hai attended the conference.   Keep reading ...

South Korean companies plan major waste treatment plant for Mekong Delta

A South Korean syndicate has proposed to build a major waste treatment plant to solve an urgent demand in the Mekong Delta where thousands of tons of waste are being discharged every day.   The proposal was made by three companies in a meeting with local officials ...

Vietnam index drops to below 600 points amid devaluation fear

The Vietnam Stock Index or VN-Index slumped for four straight days amid currency devaluation fear, closing at 589.03 points on 14 August. According to stock experts, the decisions of China’s central bank to devalue the Chinese yuan and the decision of Vietnam’s central bank to widen the exchange ...

India must focus on expanding banks network in Cambodia, Laos, Myanmar and Vietnam

Expansion of Indian banks network in CLMV – Cambodia, Laos, Myanmar and Vietnam- countries would help in enhancing trade and investment relations with these nations, a report has suggested.  The Commerce and Industry Ministry report – “India’s Strategy for Economic Integration with CLMV” was prepared by think ...

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