News

Finance ministry propose to extend 30% jet fuel tax cut till end-2021

The Ministry of Finance proposed the government to extend the jet fuel environmental protection tax cut till end of 2021 to support the virus-hit aviation sector, the ministry said in a statement.

Trump aide Robert O’Brien tells Vietnam to curb China shipments to avoid duties

US National Security Adviser Robert O’Brien told Vietnamese leaders they must curb illegal re-routing of Chinese exports and purchase more US goods

General Electric signs $1bln agreement to develop Vietnam LNG power plant

The US-based General Electric has signed an agreement with a Vietnamese firm to develop a liquified natural gas power plant in Ba Ria – Vung Tau province.

Foxconn introduces the first batch of displays made in Vietnam ...

Apple's main iPhone assembler Foxconn has turned out the first batch of display screens made at its $26-million plant in Vietnam, the local government of Quang Ninh said on its website.

Vietnam starts pumping gas from offshore Sao Vang-Dai Nguyet field

Vietnam has started pumping the first gas from the Sao Vang-Dai Nguyet field off the country’s southern coast, PetroVietnam Gas Corp said on Tuesday.

ABD provides Vietnam water plant BIWASE $8 million loan

The Asian Development Bank has signed an agreement to provide $8 million loan to Binh Duong Water Environment JSC (BIWASE) for sustainable water services improvement in Vietnam, statement said.

Vietnam banks’ bad debt surges 31% on Covid-19 pandemic

Non-performing loans among commercial banks increased sharply in the first three quarters of this year due to the adverse impacts of the Covid-19 pandemic.

Vietnam scolds Netflix, Apple for lack of tax payments

Vietnam’s information minister on Tuesday accused foreign streaming companies like Netflix and Apple of skirting their tax responsibilities, saying it would create unfair competition for domestic firms.

State Capital Investment Corp to inject nearly $294mln into Vietnam ...

Vietnam’s State Capital Investment Corp, known as SCIC, plans to inject VND6.8 trillion ($293.4 million) into Vietnam Airlines to help the national flag carrier weather the impact of Covid-19 pandemic.

Vietnam to appoint Hong as the first female central bank governor

The government is seeking approval from lawmakers to appoint Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong to the leading position of the agency.

Vietnam spends over $766 million on Covid-19 response

Vietnamese government has spent VND17,770 billion ($766 million) on Covid-19 response so far, official data showed.

$6 bln LNG-fired power plant planned in central Vietnam

A U.S.-Vietnamese joint venture wants to build a $6 billion liquefied natural gas-fired power plant in the central province of Thue Thien Hue.

Samsung Electronics reports H1 profit at $1.8 billion from Vietnam ...

South Korean tech giant Samsung Electronics reported $1.8 billion profit from business of it four plants in Vietnam during the first half of this year, according to Q2 consolidated financial statement.

Vietnam’s pork imports surge 460 pct. in nine months

Vietnam imported 90,400 tonnes of pork and related products during the first nine months of 2020 with a value of $215 million, up 357 percent in volume and 460 percent in value.

56 57 58 59 60

News

Japanese M&A set for post-pandemic surge in Vietnam

Japan’s MUJI opens Vietnam flagship store in Ho Chi Minh City

Vietnam needs $150bln investment in power projects by 2030