The Ministry of Industry and Trade (MoIT) and Samsung Vietnam kicked off the sixth batch of the training programme for molding technicians of Vietnam on June 26. Deputy Director of the Department of Industry Pham Tuan Anh speaks at the event. (Photo: ITN) The programme aims to realise their cooperation agreement on training Vietnamese molding technicians for the...

Singaporean company PSA Cargo Solutions Vietnam Investment plans to continue increasing its stake in Vietnam’s logistics provider South Logistics Joint Stock Company (Sotrans). Sotrans warehouse in Phu My Industrial Park 1 in Long Thanh district, Ba Ria - Vung Tau province. (Photo: sotrans.com.vn) Sotrans on June 20 received a public tender offer from PSA Cargo Solutions Vietnam Investment...

The Government has just requested the Commission for the Management of State Capital at Enterprises (CMSC) to carry out plans to transfer Vietnam Air Petrol Company (Skypec) from the Vietnam Airlines Corporation to the Vietnam Oil and Gas Group (Petrovietnam). A worker oversees fuel transfer from a Skypec truck to a Vietnam Airlines aircraft. (Photo: skypec.com.vn) The purpose...

The People's Committee of northern Hai Phong city held a conference on June 26 to present a certificate to LG Innotek approving its additional capital of 1 billion USD from 2023-2025, raising the company's total investment to over 2 billion USD. An overview of the LG Innotek Hai Phong factory. (Photo: baodautu.vn) The LG Innotek Hai Phong factory, located...

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level. Consumers do transactions at VCB office (Photo: VCB) The central bank’s decisions clearly reflect its efforts to support economic growth through the...

The Republic of Korea’s Doosan Group said it is eyeing to expand eco-friendly energy investment in Vietnam as one of the future strategies that it is aiming at the potential clean energy market in the Southeast Asian country. Nghi Son 2 Power Limited Liability Company (Photo: VNA) Doosan Enerbility company has signed agreements with three companies operating thermal power...

Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for the construction of Ring Road No.4 in the Hanoi Capital Region and the first phase of Cao Lanh - An Huu Expressway in the Mekong Delta province of Dong Thap, in Hanoi on June 25 morning. Prime Minister Pham Minh Chinh speaks at the groundbreaking ceremony for the construction...

Flower growers in Hanoi earn higher incomes thanks to the use of advanced technologies in their cultivation activities to boost the blooms and generate new revenue streams. High-tech applications help Hanoi flower growers earn higher incomes (Photo: thanhnien.vn) As one of the ten largest orchid farms in the country with 20,000 sq.m in Phung town, Dan Phuong district...

The Vietnam Administration of Seas and Islands (VASI) under the Ministry of Natural Resources and Environment has focused resources to complete the marine spatial planning based on comments from ministries, departments, industries and 28 coastal provinces and cities nationwide. An offshore wind power model (Photo: VNA) The guiding idea of the plan is to ensure harmony between socio-economic development,...

Attracting businesses and investors to pour capital into sustainable agricultural value chains is seen as a key solution to pave the way for, and create breakthroughs in the sector’s development amid intensive integration and the volatile global economy, according to insiders. Illustrative image (Photo: baodautu.vn) Agriculture is considered as a highlight in Vietnam’s economic panorama in 2023. The sector...