News

Vietnam wants to develop high-tech wind power plants

Renewable energy, especially wind power, is believed to be the solution to Vietnam’s increasingly high demand for power. Fifty wind power projects have been registered in Vietnam so far, but only four of them, with the total capacity of 159.2 MW, have been put into commercial ...

Automakers sense a sea change, move to green cars

With demand for environmentally friendly cars increasing in Việt Nam, local automakers and traders are going green to win market share. Head of the Ministry of Industry and Trade’s Heavy Industry Department Trương Thanh Hoài said the Government and the ministry encouraged automakers and traders ...

VnSteel aims to increase revenue by VNĐ800 billion

Vietnam Steel Corporation (VnSteel) aims to earn a consolidated revenue of US$835.5 million in 2017, an increase of VNĐ800 billion from 2016. It will produce around 2.4 million tonnes of steel billets this year, up 17 per cent from 2016, VnSteel said. To accomplish these ...

Gov’t highlights untapped potential of Mekong Delta

Deputy Prime Minister Vương Đình Huệ has instructed ministries and local governments in the Cửu Long (Mekong) Delta to prioritise investment in transportation and logistics services to help improve the region’s competitiveness. Speaking at a conference on logistics services held on January 9 in the ...

VN sugar production down 13%

Sugar output in the 2015-16 crop was 1.23 million tonnes, a year-on-year drop of 12.7 percent, said Phạm Quốc Doanh, Chairman of the Việt Nam Sugarcane and Sugar Association, at a seminar in HCM City last week of sugar producers, distributors and consumers. Together with 185,000 ...

VN to increase liquid gas imports by 2025

Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Việt Nam to look to increase LNG imports. The country is expected to import five million tonnes of LNG by 2025. The figure is expected to increase to 11 ...

Vietnam, Cambodia want to consolidate ties: PMs

Top government leaders of Vietnam and Cambodia have expressed wishes to cement and develop bilateral ties in the spirit of “good neighbourliness, traditional friendship, all-faceted and long-lasting cooperation”.  During talks with Prime Minister Nguyen Xuan Phuc in Hanoi on December 20, Cambodian Prime Minister Samdech ...

Uncertain path for Vietnam’s wind power sector

The country needs transparent and credible pricing mechanisms if generating targets are going to be met Although Vietnam has great potential for renewable energy, and the government has put forward many plans advocating it, actual policies to secure investment and develop the sector have been ...

TPP still of value to Vietnam

It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard. Trade with other members may be possible, conference hears, and there are other trade ...

Experts call for reducing rice exports

The country should halve its rice exports from the normal 7-8 million tonnes until 2020 because of difficulties exporters face and falling production due to climate change, according to the Viet Nam Food Association. Speaking at a seminar in HCM City on December 13, Huynh The ...

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