News

Singapore’s logistics giant GLP plans $1.5bln investment in Vietnam

Asia's biggest warehouse operator GLP announced to form a joint venture with SEA Logistic Partners to invest in modern logistic real estate in Vietnam, logistics firm GLP said in a statement.

Vietravel Airlines to launch first commercial flight on December 18

Vietravel Airlines, owned by Vietnam's leading tour operator Vietravel, plans to launch its first commercial flight on December 18th 2020, CEO Nguyen Quoc Ky told a conference on Thursday.

Biggest wind power plant ground-broken in Bac Lieu

Hoa Binh 5 wind power plant with a total designed capacity of 80 MW was ground-broken on weekend in Mekong Delta's Bac Lieu province, becoming the biggest of its kind in Vietnam.

Japan to ease curbs on short-term business travel with Vietnam

Japan and Vietnam will allow short-term business travel with each other as they aim to boost their economies following travel curbs to rein in the coronavirus, Reuters cited information from Yomiuri.

Vietnam to stop licensing of wind power plants

The government has stopped licensing wind power plants and is drafting a new national power plan for the next decade.

S. Korea’s power giant KEPCO to invest $2.2bln in vietnam coal-fired ...

Korea Electric Power Corp. has decided to inject $2.2 billion in Vietnam’s Vung Ang 2 coal power plant, the company announced it passed an agenda for the investment on October 5.

PetroVietnam’s 9-month revenue reaches $18.3bln, down 24.5%

The Vietnam Oil and Gas Group, known as PetroVietnam, has reported VND423.2 trillion ($18.3 billion) in revenue in the nine-month period, and contributed VND50.2 trillion ($2.2 billion) to the State budget.

Hyundai E&C, Technip attend bid to upgrade Vietnam’s Dung Quat oil ...

The Binh Son Refining and Petrochemical JSC, the operator of the Dung Quat Refinery in Quang Ngai province, has opened bid for a $1.8 billion project to expand and upgrade the refinery.

Two North-South Expressway sections fail to attract PPP bidder

Ministry of Transport has decided to extend the bidding deadline for two Public-Private-partnership North-South Expressway subprojects to October 12 since they have not received any bids.

Pandemic economically hurts 31.8 million people in Vietnam

As many as 31.8 million Vietnamese have economically suffered from Covid-19 pandemic since early this year, according to a survey result released by the General Statistics Office on Tuesday.

Vietnam’s airlines enjoy the fastest recovery in Southeast Asia: ...

Passenger traffic at Vietnamese airlines could rebound faster than in other southeast Asian markets due to the country's low incidence of Covid-19 cases, according credit ratings agency Fitch Ratings.

Exxon Mobil’s $5-billion LNG power plant gets green light

The northern port city of Hai Phong has given approval to Exxon Mobil to build a liquefied natural gas-fired power plant.

Vietnam's credit expands 6.09 percent, central bank says

As of end-September, credit expanded 6.09 percent as compared with the end of 2019, said the State Bank of Vietnam.

Vietnam goes through a month without new local Covid-19 infection

The country has marked a month without new local Covid-19 infected case on Friday morning, according to Ministry of Health.

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News

Japan and Vietnam agree to resume business travel

Vietnam’s record flooding claims 84 lives in central region

Samsung heir to visit Vietnam this week to seek support for business expansion