Vietnam has become the third largest supplier of coffee to the US over the first eight months of 2022, reported the General Department of Customs. Illustrative image (Source: VNA) The Southeast Asian nation exported 96,530 tonnes of coffee to the US in eight months, gaining 227.46 million USD, up 5.2% and 35.9% in terms of volume and value over...

Prime Minister Pham Minh Chinh said the banking system plays the role as arteries of the economy while addressing a meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16. Prime Minister Pham Minh Chinh (centre) speaks at the meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16. (Photo: VNA) The...

Night economy is one of the development orientations of Lang Son city in order to make the most of the city's available infrastructure, potentials and advantages. This direction has contributed to promoting economic growth in the area. From the highlight of Ky Lua Walking Street With the aim of diversifying tourism products, awakening the potential for tourism development and...

The Ministry of Industry and Trade has submitted a proposal to the Government on the approval of the draft National Power Development Plan VIII for the 2021-2030 period, with a vision to 2050, in which it continues to exclude 6,800 MW of coal-fired power. Vung Ang thermo-power plant - Illustrative image (Photo: VNA) As of late September, Vietnam had...

The longest 220kV offshore overhead power transmission line in Southeast Asia, connecting the mainland of the Mekong Delta province of Kien Giang and its resort island Phu Quoc, was put into operation on October 14. The Kien Binh-Phu Quoc 220kV offshore overhead power transmission line, the longest in Southeast Asia, was put into operation on October 14. (Photo: VNA)...

Coca-Cola Beverages Vietnam Co., Ltd started construction of its largest factory in Vietnam in Phu An Thanh Industrial Park in the Mekong Delta province of Long An on October 14. At the groundbreaking ceremony (Photo: VNA) This is the 4th factory invested by Coca-Cola in Vietnam, which aims to improve productivity and optimise resources in production through applying a...

Plastic granule prices are expected to fall in the short term, a favourable circumstance that would drive plastic producers towards better profitability. A BMP's plastic factory. BMP closed the October 11 session at 54,500 VND per share. (Photo: diendandoanhnghiep.vn) Vietcombank Securities Company Ltd (VCBS) forecast that Polyvinyl Chloride (PVC), an input material for plastic production, would remain at low...

Vietnam has the potential to become a world leading IT hub for its quality universities as well as young and trained workforce, said a recent article by the German-language business newspaper Handelsblatt. Illustrative photo (Source: VNA) The article emphasised that Vietnam has so far been successful in the hardware sector, as most of Samsung mobile phones and Apple's iPads...

Winners of the Vietnamese Brand Awards 2022 were announced at a ceremony organised by Vietnam Economic Times Magazine on October 12. Excellent entrepreneurs were honoured at the event. (Photo: tienphong.vn) Themed “Creating and developing the green brand of Vietnam”, the awards honoured enterprises with outstanding achievements in production, business, trade and service activities. They were evaluated on certain criteria,...

The Railway Project Management Board is preparing a pre-feasibility study for the Thu Thiem-Long Thanh light rail project, the Ministry of Transport said. A light rail will connect HCM City and Long Thanh International Airport in Dong Nai province. (Photo courtesy of Dong Nai People's Committee) The study is expected to be completed next year. The project is...