News

$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 business

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.

US imposes anti-subsidy tariff on car and truck tires from Vietnam

The US Department of Commerce is imposing a preliminary anti-subsidy tariff on car and truck tires from Vietnam, citing the Southeast Asian nation’s “undervalued currency” among the reasons for the decision.

Storms, floods cost Vietnam $730 million, Gov’t report

Since late September, 235 people have been reported dead and missing by consecutive storms and floods, which have also caused an estimated economic loss of about VND17 trillion ($733.4 million).

Experts simultaneously called for the cancellation of the Formula 1 race in ...

Experts believe Hanoi should stop the organisation of Formula 1 race in the long-term to focus on economic recovery, reported Viet Nam News.

Vietnam to test Covid-19 vaccine on human this month

Vietnamese health officials plans to proceed Covid-19 vaccine test on human in November, said the Ministry of Health.

Vietnam's motorbike demand may drop nearly 11% this year on pandemic

Vietnamese people's demand for motorbikes dropped 15.9 per cent in the first three quarters of this year due to the impact of the COVID-19 pandemic.

AEON set to open sixth Vietnamese shopping mall

AEON Mall Vietnam is planning to open another shopping mall in the northern city of Hai Phong, the sixth of its kind in Vietnam.

Vietnam suffers $60bln loss in tourism revenue this year on pandemic

Travel bans to control the spread of coronavirus have wiped $60 billion of Vietnam’s tourism industry, PM Nguyen Xuan Phuc told lawmakers on Monday morning.

Vienam goes two straight months without Covid-19 community infection

With no new case of Covid-19 confirmed Sunday, Vietnam has gone two straight months without a single community infection.

Goni typhoon heads to storm-stricken central region

Powerful typhoon Goni has weakened after sweeping through the Philippines and entered the East Sea early Monday, according to the National Center for Hydro-meteorological Forecasting.

Vietnam-China agro product trade hits over $9.8 billion in nine ...

The agro product trade value between Vietnam and China reached over $9.8 billion in the first nine months of 2020, said the Agro Processing and Market Development Authority .

Nine-month remittances to Ho Chi Minh City rises 2% to $4bln despite ...

Vietnam’s largest city received $4 billion remittances during the first nine months of the year, up two percent despite the severe impacts from the global public health crisis.

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News

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

Vietnam to appoint Hong as the first female central bank governor

Vietnam spends over $766 million on Covid-19 response