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Friday,  09/20/2024
Lopsided relationship scares investors off PPP
Lopsided relationship scares investors off PPP
Nearly 18 months since the introduction of the 2021 Law on Public-Private Partnership (PPP) in Vietnam, it's still difficult to get investors to warm up to PPP projects despite the huge potential for growth, as the country ramps up efforts to build modern infrastructure, said industry experts and policymakers in a meeting in Hanoi on June 21. Overhead view...
National promotion month to begin in mid-November
National promotion month to begin in mid-November
Vietnam Grand Sale 2022, the annual national promotion month programme, is set to take place nationwide from November 15 to December 22. Illustrative image (Source: VNA) In its Decision No. 1183/QD-BCT, the Ministry of Industry and Trade (MoIT) said promotion activities during the month will be held in both online and offline formats to stimulate domestic consumption and...
Seminar seeks to improve quality of Vietnamese rice
Seminar seeks to improve quality of Vietnamese rice
A workshop was held in the Mekong Delta city of Can Tho on June 22 to discuss ways to promote links and share experience to raise the value of Vietnamese rice in the international market. Do Ha Nam, Vice Chairman of the Vietnam Food Association, speaks at the workshop (Photo: VNA) The event gathered representatives from the Ministry of...
OUB maintains Vietnam’s GDP growth forecast at 6.5 percent
OUB maintains Vietnam’s GDP growth forecast at 6.5 percent
The Singapore-based United Overseas Bank (UOB) has maintained its forecast for Vietnam’s GDP growth at 6.5 percent and core inflation rate at 3.7 percent of core inflation rate in 2022, but predicted that inflation may reach 5 percent in 2023 due to multiple risks and challenges. Illustrative image (Source: VNA) In a recent report, the UOB noted that Vietnam...
Vietnam strives to boost energy transition: official
Vietnam strives to boost energy transition: official
To develop a green and sustainable economy and adapt to climate change, Vietnam has been stepping up energy transition by capitalising on internal strength and enhancing cooperation with development partners, an official has said. The seminar on energy transition held in Hanoi on June 22. (Photo: qdnd.vn) Addressing a seminar in Hanoi on June 22, Hoang Tien Dung, Director...
Now is the time for sustainable Vietnamese certified natural rubber: experts
Now is the time for sustainable Vietnamese certified natural rubber: experts
Experts have said that great market opportunities will open for Vietnam if sustainable natural rubber production receives adequate Government support with enterprises determined to follow sustainable development. Workers collect latex at a rubber plantation in Gia Lai province. (Photo: VNA) Global demand for sustainable natural rubber has been increasing and expanding. Vietnam is the third-largest natural rubber producer globally....
Seafood enterprises await growth opportunities
Seafood enterprises await growth opportunities
The COVID-19 pandemic, logistic disruptions due to Russia-Ukraine conflict and compliance with regulations on illegal, unreported and unregulated fishing (IUU) are challenges facing the seafood industry. Workers packaging pangasius fillets at a processing plant of I.D.I International Development & Investment Corporation. (Photo: VNA) However, analysts expected that the negative impacts are only temporary and opportunities for seafood processing...
RoK’s investment into Vietnam property market increases
RoK’s investment into Vietnam property market increases
Vietnam's real estate is an increasingly attractive sector for investors from the Republic of Korea (RoK), according to Savills Vietnam. Illustrative photo (Source: VNA) “The COVID-19 pandemic limited Korean investors as they could not physically visit properties. However, international flights resumed in March, which means investors can now travel freely to Vietnam and expand their business activities," said Andrew...
Tuna export to Canada soars
Tuna export to Canada soars
Illustration. (Photo: VNA) Hanoi (VNA) – Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The figure is 1.6 times that the same period of 2019, before the...
Travel firms make plans for summer vacation
Travel firms make plans for summer vacation
Travel companies in Vietnam have made plans to meet the rising demand for visitors as the summer holiday peaks. A corner of Grand World Phu Quoc. (Photo: vinpreal.com) Tran Quoc Bao, deputy general director of Saigontourist, a leading tour operator, said it expects to serve more than 280,000 customers and the number may be higher because the demand for...