Vietnam’s forestry product export revenue is expected to stand at 16.3 billion USD in 2022, approximately equal to the target set earlier this year, heard a conference of the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development, in Hanoi on July 14. Vietnam’s forestry product export value forecast to reach 16.3 billion USD...

Foreign direct investment (FDI) in Vietnam continuously increased in the first half of this year, especially in the real estate sector that attracted 3.15 billion USD, making up 22.5 percent of the total registered capital. Illustrative image (Source: Vietnamnet) Property consultant Savills Vietnam said two-thirds of the enterprises engaging in the Vietnamese real estate are large-scale, noting that...

The design inspired by the image of ‘Ao dai’ (Vietnamese traditional long gown) – one of the country’s cultural symbols - has been selected for Terminal T3 of Ho Chi Minh City's Tan Son Nhat International Airport. Design of Terminal T3 inspired by the image of ‘Ao dai’ (Photo: ACV) The Airports Corporation of Vietnam (ACV) – the investor...

On the afternoon of July 14, the delegation of the Central Economic Commission led by Mr. Do Ngoc An, Deputy Head of the Central Economic Commission, worked with provincial leaders on the implementation of Directive No. 16 dated May 8, 2012 of the 11th Secretariat on “Strengthening the leadership of the Party in sending Vietnamese workers and experts to...

The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month. Illustrative image (Source: VNA) The figure included 17,826 passenger cars, down 49%; 6,821 commercial vehicles, down 14%, and 512 special-purpose vehicles, down 24% month-on-month. Of the sold units, 11,044 were domestically assembled cars, a...

French electricity companies are willing to facilitate Vietnam’s energy transition by working with their counterparts in the country, a conference has heard in Ho Chi Minh City. Nguyen Tai Anh, deputy general director of Vietnam Electricity Company, speaks at a conference on co-operation between France and Vietnam to facilitate the latter’s energy transition. (Photo plo.vn) Nguyen Tai Anh,...

Vietnam is eying great opportunities in exporting aquatic products to the Japanese market thanks to the high level of openness of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to insiders. Illustrative image (Source: VNA) Nguyen Manh Dong, Third Secretary of the Vietnam Trade Office in Japan, said that apart from the Vietnam-Japan Economic Partnership Agreement...

Questioning about compensation and support mechanisms and policies, many households have not agreed to hand over the land to implement the Mai Pha new urban area project. At the same time, a number of households have reported and recommended to the authorities at all levels to request a review of mechanisms and policies. In response to the complaints of...

On July 13, the Management Board of Construction and Maintenance of Traffic Infrastructure under the Lang Son Department of Transport held a ground-breaking ceremony for the construction of a highway intersection to Huu Lung Industrial Park, Huu Lung District. Mr. Luong Trong Quynh, Vice Chairman of the Provincial People's Committee delivered a speech assigning tasks to the units participating...

Automaker VinFast on July 13 announced that it has signed agreements with Credit Suisse (Singapore) Ltd and Citigroup Global Markets Inc. to raise at least 4 billion USD to develop an electric vehicle factory in North Carolina, the US. VinFast's factory will create a major manufacturing centre in Chatham County's Triangle Innovation Point megasite, covering an area of...