News

EVN likely to take over major foreign-invested power plants as BOT contracts expire

Vietnam’s MOIT has proposed to allow state utility Vietnam Electricity (EVN) to take over the management of two major gas-fired power plants in southern Vietnam after their build-operate-transfer (BOT) contracts expire.

Vietnam grapples with shrinking exports, power crunch

The Vietnamese economy is facing multiple headwinds, including shrinking exports and frequent blackouts, raising concerns over the outlook for Southeast Asia's rising manufacturing hub.

Insiders say the UK is a potential market for Vietnamese durian

Since the beginning of May, when the first shipment of Ri6 durian from Vietnam was formally sold to the UK, TT Meridian has been importing 3–4 tonnes of this exotic fruit weekly.

Vietnam needs to develop coffee value chain: Minister

Vietnam needs to develop coffee value chain to help the industry develop along an integrated, multi-valued and humane direction, so that coffee growers can receive the most benefits in the value chain.

Reputable institutions positive about Vietnam's economic outlook

Many reputable foreign organizations have expressed confidence in Vietnam's economic future, stating that they expect the country to achieve GDP growth of 6.5% this year.

Australia, World Bank extend partnership to support Vietnam’s development ...

The Australian Government and the World Bank have formally agreed to extend their partnership in support of Vietnam’s sustainable and inclusive development agenda.

Travel companies see positive outlook but challenges lie ahead

Experts have forecast a positive outlook for travel stocks after two years of being battered by the COVID-19 pandemic. However, Vietnamese tourism businesses still have to face many difficulties and challenges.

Vietnam to have 30 airports by 2030

Vietnam is set to have 30 airports by 2030, including 14 serving international flights and 16 serving domestic flights.

Fisheries businesses face tough year in 2023

Domestic fisheries firms are forecast to face many difficulties this year, and this requires them to seek measures to complete the target set in export revenue for 2023.

Vietnam eyes investment in clean energy to develop carbon market, achieve net zero ...

Vietnam is seeking investment in clean energy as part of its scheme to develop a carbon market to achieve net zero emissions by 2050.

Apple supplier invests $260 million in Thai Binh facility.

Compal Electronics Vietnam will invest $260 million in Lien Ha Thai Industrial Park to manufacture, process, and assemble computers, peripherals, communication equipment, civil electrical products, and electronic components.

Viet Nam's electric vehicle ownership will see 'strong growth' in 2023: ...

Viet Nam’s electric vehicle (EV) adoption is expected to increase to 13.6 percent in 2023, from 2.9 percent a year ago, said American business news channel and website CNBC in its article.

Two Chinese battery firms to invest $1 billion into Vietnam

Two Chinese energy storage system and battery firms are considering investments in Vietnam with a total of $1 billion, Reuters cited industry and government sources.

Vietnam remains an attractive retail market: reports

Vietnamese consumers’ overall optimism remained one of the highest among countries globally.

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News

Vietnam's Central Bank cuts policy rate for fourth time

Fall in global demand hurts budgets and exports

Vietnam attracts giant investments in semiconductor industry