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Ho Chi Minh City struggles to attract foreign investors for key ...
Ho Chi Minh City says it has been struggling for years to attract foreign investment for key infrastructure projects, with legal challenges and risks discouraging investors.
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Foxconn to invest additional $700 mln in Vietnam in 2021
Taiwan's Foxconn Technology Co Ltd, main supplier of Apple, plans to inject additional $700 million into Vietnam in 2021, Harry Zhuo, CEO of Foxconn Technology Group in Vietnam.
Vietnam to build $10 bln railway linking HCMC and Can Tho under PPP mode
Ministry of Transport is calling PPP investors for a 10-billion railroad connecting Ho Chi Minh City and Can Tho in Mekong Delta.
Foxconn plans to build $1.3 bln industrial park in Thanh Hoa
Foxconn is seeking approval to build a 150-hectare industrial park in Thanh Hoa province, where it will develop manufacturing factories.
- 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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Guest workers send home $3-4 bln each year
The amount of money Vietnamese guest workers send back to their families was estimated at $3-4 billion each year, according to the Ministry of Labor, Invalids and Social Affairs.
Vietnam to produce African swine fever vaccine in second quarter
Vietnam has completed testing the African swine fever vaccine and is preparing for commercial production from the second quarter, Vietnam Television cited information from the Ministry of Agriculture and Rural Development.
Dong Nai Province attracts $226 million of FDI in first days of 2021
In the first 10 days of 2021, the southern province of Dong Nai attracted more than US$226 million in foreign direct investment, mostly from the Republic of Korea and Japan.
Vietnam shrimp exporters eye over $4 billion in export in 2021
Following the implementation of several free trade agreements, shrimp exports in 2021 are anticipated to increase by 15% compared to last year, to reach over $4 billion in revenue, according to insiders.
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US not considering tariffs on Vietnamese good, Vietnam says
The U.S. has made no decision on imposing tariffs on Vietnamese goods regarding the recent allegation of currency manipulation, a Vietnamese minister says.
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Vietnam and Thailand attract German solar energy funds
A German crowdfunding platform for green energy is looking to further expand in Southeast Asia after most recently acquiring a Thai solar project.
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Private sector contributes almost 43% of Vietnam’s 2020 GDP
The private sector which has soared to become the main driver of Vietnam’s economic growth contributed 42.68 percent of Vietnam’s gross domestic product in 2020.
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Mekong water levels to drop since China announces to hold back waters
China has notified Mekong River downstream neighbours it is holding back water for 20 days for a power grid maintenance, the Mekong River Commission cited information from its Ministry of Water Resources.
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32.1 million Vietnamese workers hurt by Covid-19 in 2020
The unprecedented impacts of the Covid-19 pandemic have forced 32.1 million Vietnamese workers aged 15 or above to either lose their jobs or have their working hours reduced in 2020.
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AES agrees to sell Mong Duong 2 Coal-Fired Plant in Vietnam
The AES Corporation signed an agreement to sell its entire equity interest in the 1,242 MW Mong Duong 2 coal-fired power plant in Vietnam to a consortium led by a US-based investor.
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Long Thanh Int’l Airport expected to contribute 3-5% of Vietnam’s GDP
Once completed, the Dong Nai province-based airport project could contribute 3-5% of Vietnam’s GDP, Prime Minister Nguyen Xuan Phuc told a ceremony to start work on the the $16-billion project on Tuesday.
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Vietnam buys Indian rice for first time in decades
Vietnam has started buying the grain from India for the first time in decades after local prices jumped to nine-year high amid limited domestic supplies, four industry officials told Reuters.
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Vietnam to buy 30 million doses of UK’s Covid-19 vaccine
Vietnam is in talks with four countries, namely the UK, the U.S., Russia and China to buy Covid-19 vaccines, said Deputy Minister of Health Truong Quoc Cuong.
