News

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 ...

Over sixty commercial projects shift to social housing

Sixty-two commercial-housing projects with 41,769 apartments in total has registered to be social-housing projects all over the country so far, according to the Ministry of Construction. Keep reading ...

Vietnam’s growth earns kudos in US

Vietnam continues to grow as a manufacturing hub, climbing to first place on Cushman & Wakefield’s 2014 Growth Index, a ranking of the top 15 manufacturing locations by growth in emerging markets. Keep reading ...

Organising Vietnamese - Japanese second high-level dialogue on agriculture

The Ministry of Agriculture and Rural Development in coordination with Japanese Ministry of Agriculture, Forestry and Fisheries held the second high-level dialogue on agricultural development cooperation in Hanoi on 12 August. At the dialogue, Minister of Agriculture and Rural Development Cao Duc Phat called on the ...

Over 95kg of alleged elephant tusks smuggled from Africa to Vietnam

Customs officers at Noi Bai International Airport in Hanoi on 12 August seized 49 purported elephant tusk parts and one alleged rhino horn that were shipped from Africa. The suspicious tusks weigh 95.54kg while the horn weighs 4.76kg, customs officers said. Keep reading ...

Customs red tape costs Vietnamese traders $10 billion a year: expert

Vietnam can help traders save US$10 billion every year by simplifying its customs procedures, which are now very time-consuming and complicated, an expert from a think tank has said.    Nguyen Dinh Cung, head of the Central Institute for Economic Management, told an online conference on Tuesday that customs ...

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