Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council. Illustrative image. (Photo: VNA) Vu Tu Thanh, the council’s representative in Vietnam, said the body has organised these events for three decades, adding that this is the biggest ever mission...

Vietnam’s energy transition is facing challenges, especially as the transition is expected to ensure energy security, power supply, and reasonable costs. Dong Hai Wind Power Plant in Dong Hai commune, Duyen Hai district, the Mekong Delta province of Tra Vinh. (Photo: VNA) Vu Chi Mai, an expert from the German Agency for International Cooperation (GIZ), said that with its...

Viglacera Corporation JSC, a leading real estate and building materials group in Vietnam, said it has been named in the top 10 best industrial real estate developers in 2022. Illustrative image (Photo: Viglacera) The award was given to the firm at a recent ceremony honouring leading real estate companies in 2022-2023 organised by Reatimes – an online real...

In order to strengthen solutions to further improve the business investment environment and import-export activities, on March 16 and 17, 2023, the delegation of the Provincial People's Committee led by Member of the Standing Committee Provincial Party Committee, Vice Chairwoman of the Provincial People's Committee Doan Thu Ha visited and worked with large corporations and enterprises that import and...

The 2023 Vietnam Business Forum (VBF) opened in Hanoi on March 17 under the theme of “Business Community in Partnership with Government of Vietnam in Fostering Green Growth”. Illustrative image (Photo: tapchitaichinh.vn) The annual forum, co-organised by the Vietnamese Ministry of Planning and Investment and the World Bank Group’s International Finance Corporation (IFC), serves as an uninterrupted and close...

As Vietnam has made a strong commitment to carbon emission neutrality by mid-century, foreign direct investments in the country have begun to go green to join the efforts. A model of the LEGO factory in Binh Duong Province. The factory would have solar panels on its roof and a nearby solar farm (Photo:VNA) One such investment was the...

Deputy Prime Minister Tran Hong Ha hosted a reception in Hanoi on March 16 for Tien Quoc Hao, Chief Executive Officer of Asia Region of Japan’s Toyota Motor Corporation (TMC) and President of Toyota Motor Asia Pacific (TMAP), during which he asked for Toyota’s technical support to help Vietnam catch up with and even lead the digital transformation...

The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to the World Bank (WB). The headquarters of the State Bank of Vietnam in downtown Hanoi. (Photo: SBV) Carolyn Turk, WB Country Director in Vietnam, said the global economy will...

Developing offshore wind power is a great dual opportunity for Vietnam, Danish Ambassador to Vietnam Nicolai Prytz told a seminar themed “Promoting Vietnam’s offshore wind power development: International practices and policy recommendations” in Hanoi on March 16. Bac Lieu wind power (Photo: VNA) This is an opportunity to provide a green and cost-effective source of energy for the...

Vietnam was Spain's largest supplier of coffee by volume in 2022, with 113,550 tonnes worth 269 million EUR (287 million USD), up 21.6% in volume and 78.9% in value against 2021. Vietnam was Spain's largest supplier of coffee by volume in 2022. - Illustrative image (Photo: vneconomy.vn) The Ministry of Industry and Trade (MoIT)'s Import-Export Department cited statistics...