As one of the most dynamic economies in the region, Vietnam’s young retail market has great potential as it is increasingly more competitive and attractive to foreign investors, said Trang Le, head of Research and Consulting Services at JLL Vietnam.
Prime Minister Nguyen Xuan Phuc has signed a directive to promote the development of digital enterprises in Vietnam with a target of developing 100,000 tech firms by 2030.
Farmers in the Mekong Delta province of Tra Vinh are entering the mud crab harvest for Tet (Lunar New Year) and earning a high profit of 30 - 35 million VND (1,300 - 1,500 USD) per hectare as demand is high for the coming holiday, which falls on January 25.
Developing quality connective infrastructure and logistics is crucial to lower trade costs and boost Vietnam’s further integration in both global and domestic markets. This will require a new approach to planning and additional investments in strategic connective assets, a new World Bank report concludes.
PSNews – The PV DRILLING V was considered the most modern TAD (Tender Assist Drilling) drilling rig in the world at present with many new, modern and sophisticated technology and equipment.
The import-export turnover between Vietnam and China set a new milestone, reaching nearly 117 billion USD last year.
Tidy profits have motivated around 64 percent of Japanese firms in Vietnam to consider expanding their business in the Southeast Asian country, according to the Japan External Trade Organisation (JETRO).
PSNews – Since its establishment decades ago, Petroleum Equipment Assembly and Metal Structure JSC (PVC-MS) has left its imprints in every big project of the country’s oil and gas industry, from the very first oil and gas base in Vung Tau waters to the building of self-lifting rigs.
PSNews - The Government will create markets for mechanical engineering enterprises to develop, Prime Minister Nguyen Xuan Phuc stated at a symposium on measures to promote the development of Vietnam’s mechanics industry.
PSNews- The Ca Tam 1 oil rig’s upper deck was successfully erected on August 10, 2018 at the Vietsovpetro port manufacturing site (Vung Tau City) by the Vietnam - Russia Joint Venture (Vietsovpetro) Survey and Repair Construction Enterprise.
The World Bank and the Ministry of Finance today signed a financing agreement for a grant worth US$10.5 million to promote integrated urban development and transport connectivity along a new Bus Rapid Transit corridor in Ho Chi Minh City.
In the evening of 10th January 2020, in Ho Chi Minh city, Vietnam National Oil and Gas Group (Petrovietnam) held an annual meeting with the contractors, operators and foreign partners of Petrovietnam.
PSNews – The PV DRILLING V is considered the most modern TAD (Tender Assist Drilling) drilling rig in the world at present with many new, modern and complicated equipment and technology.
The total turnover of Viettel in 2019 reached VND 251 trillion, up by 7.5% from 2018, which accounted for half of the whole communication sector’s earnings in the year.
The Civil Aviation Authority of Vietnam (CAAV) has required domestic airlines to increase flights during the Lunar New Year (Tet) festival in order to meet the increasing travel demand.
Senior economic officials from Cambodia, Laos, Myanmar and Vietnam (CLMV) gathered in Hanoi on January 12 for their 18th meeting hosted by the Vietnamese Ministry of Industry and Trade (MoIT).
More measures are needed in the fight against trade fraud and illegal cross-border smuggling between Vietnam and other countries, which continues to be a problem, the General Department of Customs has said.
The supporting industry boosted the development of Vietnam's industrial real estate market last year, according to CBRE Vietnam Co, Ltd.
Prime Minister Nguyen Xuan Phuc on January 10 asked the Finance Ministry to work closely with the Ministry of Planning and Investment to step up public investment disbursement.
The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.