TIẾNG VIỆT 
68 pct of garment, footwear firms suffer cancellations, penalties
Over 68 percent of garment and footwear enterprises in Vietnam have been penalized by their foreign customers for late delivery, some with cancellation and compensation demands.
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Over 600,000 workers returning hometowns not working for FDI employers
Most of 600,000 workers who migrated to their hometowns in southern provinces work outside industrial zones and do not work for FDI enterprises, according to the preliminary report from labour ministry.
PetroVietnam’s subsidiary to build two offshore wind power substations in Taiwan
A consortium consisting Denmark-based Semco Maritime A/S and PetroVietnam Technical Services Corporation has been selected to build two offshore substations for two wind projects in Taiwan.
Vietnam to spend $10-11.5 bln a year on power sector
Vietnam looks to spend $10-11.5 billion a year between 2021 and 2030 on electricity generation and transmission, according to the latest draft Power Development Master Plan VIII.
- Rising dragon: Amazon eyes Vietnam as key link in global supply chain 1
- Vietnamese textile-garment sector logs record number of export markets 2
- Vietnamese fruits struggle with higher standards 3
- VinaCapital seeks to sell SkyX Solar for $100 million 4
- Vietnam takes advantage of FTAs for exporting agricultural products 5
- Vietnam on the rise as a promising destination for int'l retailers 6
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Three North-South Expressway segments face funding difficulties
Three sections of the North-South Expressway to be built by public-private partnerships are facing trouble mobilizing funds from banks.
State Treasury purchases $150 million from commercial banks
The Vietnam State Treasury has successfully purchased $150 million from 30 commercial banks, said Luu Hoang, head of the VST Department of Treasury Management.
Vietnam receives 74 million doses of COVID-19 vaccines
As many as 74 million doses of COVID-19 vaccines landed in Viet Nam, according to Minister of Health Nguyen Thanh Long.
Vietnam plans to cut U.S. pork tariffs as trade tensions ease
Vietnam plans to lower tariffs on U.S. frozen pork, corn and wheat, a further sign of easing trade tensions with its biggest export market.
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Vietnam's PV Power picks banks to facilitate $1.4 bln LNG project ...
State-run PetroVietnam Power Corp has signed a deal to allow a consortium of two local banks to arrange a $1.4 billion syndicated loans for two liquefied natural gas projects, the government said.
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Garment exports hit hard by labor shortage
Garment and textile firms face labor shortages and broken supply chains, and find it hard to fulfill their export orders, the Vietnam Textile & Apparel Association has said.
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Ho Chi Minh City’s industrial parks face severe labor shortage
The Government of Ho Chi Minh City sent message inviting workers to return the city to resume working as half of labor force at industrial parks opted to travel to their hometown.
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US and Vietnam agree to end timber trade investigation
Minister of Agriculture and Rural Development Le Minh Hoan and U.S. Trade Representative Katherine Tai signed an agreement addressing U.S. concerns in the Vietnam timber Section 301 investigation on Friday.
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Banks’ profits forecast to decline by 19 percent in Q3
Profits of the banking industry in the third quarter would decrease by 19 percent compared to the previous quarter due to slowing credit growth and increasing provision expenses, Yuanta Securities Vietnam estimated.
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Vietnam unemployment rate peaks since Covid onset
Vietnam's unemployment rate rose to 3.72 percent in Q3, the highest since early 2020 when the novel coronavirus was first detected in the country.
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Vietnam’s elderly to account between 10- 20% of its population by ...
Vietnam is going through the demographic transition to an older society at an earlier stage of economic development and a lower level of per capita income than other countries, World Bank said.
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Firms urge Ho Chi MInh City to reopen economy soon
Businesses want HCMC to reopen its economy soon to ensure their survival after over three months of social distancing amid prolonged Covid-19 outbreaks.
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CAAV proposes measures to partly resume domestic flights amid ...
The Civil Aviation Authority of Vietnam has proposed the classification of domestic airports depending on COVID-19 risks for the re-opening of regular domestic flights amid the pandemic.
