Viet Nam News
City Infrastructure JSC sells $40m bond
HCM City Infrastructure Investment JSC on November 24 signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business, the first tranche in its plan of issuing $60 million bonds to raise funds for its projects, the HCM Stock ...
Gov’t aims for stable power tariff
The electricity sector in 2017 would strive to prevent the power tariff issue from stirring controversies among people, said Hoàng Quốc Vượng, deputy minister of Industry and Trade. Vượng said the sector has not seen complaints about power tariffs this year, as the prices have ...
Lý Sơn begins construction of new $9 million tourism port
Construction of the new Bến Đình Tourism Port in Quảng Ngãi Province’s Lý Sơn Island District kicked off on November 23. The US$9 million project is expected to meet the increased number of visitors to the island district, and is planned to be completed in 2018. ...
VN fruit sent to tough markets
Việt Nam exported nearly 10,000 tonnes of fresh fruit to difficult markets such as the United States, Canada, South Korea and Japan in the first 10 months of this year. This export volume doubled figures from the whole of last year. According to director of the ...
PM urges Hòa Bình to improve investment environment
Prime Minister Nguyễn Xuân Phúc has urged the northern province of Hòa Bình to improve its investment environment so it can attract investors. Addressing a local investment promotion conference on November 19, the Prime Minister said Hòa Bình enjoys many advantages, such as its location ...
Seaport complex licensed in Quảng Ninh
A US$300 million project, consisting of a seaport and industrial park at the Đầm Nhà Mạc area in Quảng Yên town in the northern province of Quảng Ninh, was granted an operating licence on November 18. Investors of the project are the CDC Corporation, headquartered in ...
Cashew industry sets standards
The Việt Nam Cashew Association has set standards for cashew processing to nudge the industry towards cleaner production and ensure consistent quality. The standards, announced at the eighth Việt Nam Golden Cashew Rendezvous in Đà Nẵng last week, cover input materials, technical requirements and equipment involved ...
Viettel on course to achieve overseas sales target of $1.5b
Viettel Group’s is likely to achieve its ex-Việt Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets. Laos and Cambodia are considered the two best and steadiest international markets for Viettel. Unitel, Viettel’s Lao ...
Rubber recovery boosts profits
Strong recovery of world rubber prices was expected to continue through the end of the year and increase revenues for local rubber firms, according to local securities companies. The world rubber price closed at 208.5 yen per kilo on November 11, 4.98 per cent higher ...
Thái Bình Province plans to grow 1,320 ha of coastal forest
Thái Bình Province aims to plant more than 1,320 hectares of coastal forests in the next five years and protect almost 4,000 hectares of forest, with total investment of US$18.7 million. The plan by the province’s authorities aims to recover lost forest areas, consolidate existing forest ...
