News

Vietnam’s Prime Minister Nguyen Tan Dung expressed appreciation for the WB’s co-operation in Vietnam’s socio-economic development, especially in poverty reduction and sustainable development as he met with World Bank (WB) Group President, Jim Yong Kim, in Hanoi on 23 February. He also spoke highly of the ...

Mergers and acquisitions (M&A) in Vietnam grew by 9.7 percent last year to US$5.2 billion, mostly with small and medium-sized enterprises involved, according to a new market report.   The number of deals was up 23.1 percent to 341, local market research company StoxPlus said in the ...

Vietnam’s transport ministry wants electronic toll collection systems (ETCs) installed at all toll booths nationwide from 2020, to end delays and cut costs, Deputy Minister Nguyen Hong Truong said. The ministry has asked investors to install the systems on National Highway 1 and 14 before 30 June. ...

Deputy Prime Minister Nguyen Xuan Phuc directed the south-central region and Central Highlands to take measures to prevent droughts at a meeting with local authorities in Ninh Thuan province on 22 February. He urged the localities to examine water reservoirs and build plans for water usage, ...

Vietnam needs to create policies to promote investment in agriculture to build a farming sector to compete internationally, as the country integrates into the global economy. Investments in agriculture remain modest, although the sector involved nearly 70 per cent of the country’s population, while contributing some ...

Many important transportation works such as expressways and bridges in Ho Chi Minh City and the southern region have increased inter-regional connections and faster pace of development in the southern key economic zone, with Ho Chi Minh City as its centre. The city now has two ...

Ho Chi Minh City will need VND13.5 trillion (US$602.678 million) more for its programme to improve water bodies, which started in 2001 with the aim of cleaning up all canals, the People’s Committee has said. Chairman Nguyen Thanh Phong said the money would be used for ...

Human resource development and awareness of self-ownership and self-reliance on the part of local authorities is inadequate and is hindering the progress of grassroots development projects. This finding was reported at a meeting in Vientiane on 19 February to review development progress in areas along the shared ...

Deputy Prime Minister Nguyen Xuan Phuc has ordered relevant ministries and Cuu Long (Mekong) Delta provinces to prioritise the fight against drought and saltwater intrusion which have severely affected agriculture and fisheries and caused a crippling water shortage. Speaking at a seminar in Can Tho City ...

Vietnam’s agricultural exports to the United States (US) are expected to surge with stable demand from a key market, an official of the government said on 18 February. Le Van Banh, head of the Department of Processing and Trading Agricultural, Forestry, Aquatic Products and Salt under ...