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Friday,  09/20/2024
Hoa Phat Group: weakening demand results in sluggish sales
Hoa Phat Group: weakening demand results in sluggish sales
Vietnamese steel giant Hoa Phat Group reported that weakening demand has led to sluggish sales of its products since early this year. Illustrative image (Photo: Internet) Specifically, the company produced 416,000 tonnes of crude steel in February, or 60% of that recorded in same period last year. The consumption of construction steel, hot-rolled coils, and steel billets reached 475,000...
Vingroup helps Vietnam go green with Vinfast car rental, taxi company
Vingroup helps Vietnam go green with Vinfast car rental, taxi company
Chairman of Vietnamese conglomerate Vingroup Pham Nhat Vuong on March 6 decided to establish GSM (Green - Smart - Mobility) Joint Stock Company, specialising in offering VinFast electric car and motorbike rental and taxi services. An electric car of VinFast (Photo: VNA) The company is expected to provide the market with 10,000 cars and 100,000 motorbikes made by...
Export prices of Vietnamese rice up nearly 10%
Export prices of Vietnamese rice up nearly 10%
The export prices of Vietnamese rice in the first two months of 2023 rose by 9.8% year-on-year to 528.5 USD/tonne, according to the Ministry of Agriculture and Rural Development (MARD). Illustrative image (Photo: VNA) Vietnam exported 789,000 tonnes of the grain in the reviewed period, earning 417 million USD, down 18.8% in volume and 10.8% in value compared to...
Can Gio int’l transit terminal hoped to come into being by 2030
Can Gio int’l transit terminal hoped to come into being by 2030
An international transit terminal project in Can Gio district, Ho Chi Minh City, has been proposed to start in 2024 and have its first phase put into use in 2027. Illustrative image (Source: baodautu.vn) As the cargo volume handled at seaports in HCM City is forecast to be 60 million tonnes higher than their capacity by 2030, the...
Cao Phong orange hits the shelves in UK
Cao Phong orange hits the shelves in UK
The Cao Phong orange from the northern province of Hoa Binh is now officially put up for sale in the UK, marking the return of this specialty to the global market after over 40 years. The orange cultivated in Cao Phong district of Hoa Binh province (Photo: VNA) The nearly 7 tonnes of Cao Phong orange, exported via...
US biggest supplier of meat, meat products to Vietnam in January: MoIT
US biggest supplier of meat, meat products to Vietnam in January: MoIT
In January, Vietnam imported 7,950 tonnes of meat and meat products worth 16.86 million USD from the US, which made it the biggest supplier to the country, according to the Ministry of Industry and Trade (MoIT)’s Import-Export Department. In January, Vietnam imports 35,440 tonnes of meat and meat products worth 74.13 million USD. (Photo: VNA) The imports from...
Workshop seeks ways to raise Vietnamese coffee’s value
Workshop seeks ways to raise Vietnamese coffee’s value
Much needs to be done to raise the value of Vietnamese coffee in the international market, experts said at a workshop in Ho Chi Minh City on March 4. Vietnam is home to 710,000 hectares of coffee, of which 650,000 are harvestable, mainly in the Central Highlands region. (Photo: VNA) Speaking at the event, held by Nguoi Lao...
PM requests favourable mechanisms, policies for innovation
PM requests favourable mechanisms, policies for innovation
Prime Minister Pham Minh Chinh visited the Vietnam National Innovation Centre (NIC) under the Ministry of Planning and Investment (MPI) and the Military Industry and Telecoms Group (Viettel) in Hanoi on March 4. PM Pham Minh Chinh (front, third from left) and officials visit the Vietnam National Innovation Centre on March 4. (Photo: VNA) Visiting the NIC, PM...