From now to early 2025, Vietnam Machinery Installation Corp (LILAMA) will export to Saudi Arabia four electrolyser modules on average each month, which are used to produce green hydrogen, its General Director Le Van Tuan has announced. Delegates at the ceremony that marks LILAMA's completion of the first electrolyser module shipment. (Photo: Courtesy of LILAMA) The corporation will continue...

Vietnam is one of the countries that exports the most Christmas decoration products to the US. Among its export products to the US, candles used at Christmas achieved impressive export turnover. A girl watches Christmas decorations at a community in San Carlos, California, the US. (Photo: Xinhua/VNA) According to an article posted on December 20 on freightwaves.com -...

The Government has given the green light to a bankruptcy resolution plan for the Shipbuilding Industry Corporation (SBIC) and its seven subsidiary companies. Headquarters of SBIC in Hanoi. (Photo: tienphong.vn) In recent conclusions reached by the Political Bureau, the ongoing resolution process for SBIC and its subsidiaries involves the retrieval of assets and property rights of both SBIC...

Enterprises are sprinting on the last days of 2023 to compete their yearly production and business plans, and some are expanding their business activities to welcome the New Year 2024. Illustrative image (Photo: VNA) Recently, the Ho Chi Minh City Union of Trading Cooperatives (Saigon Co.op) put its Co.opmart Cho Moi into operation in Cho Moi district of An...

The State Bank of Vietnam (SBV) has requested credit institutions and branches of foreign banks to boost consumer lending as part of efforts to prevent loan sharks who have targeted vulnerable people. The State Bank of Vietnam (SBV) has requested credit institutions and branches of foreign banks to boost consumer lending. (Photo: VNA) In its document, the central...

On the morning of December 23, Dinh Lap District People's Committee coordinated with An Phu Hung Investment and Business Joint Stock Company (project investor) to organize a groundbreaking ceremony of Dinh Lap Industrial Cluster project. Attending the groundbreaking ceremony were Mr. Hoang Van Nghiem, Standing Deputy Secretary of the Provincial Party Committee, Head of the Provincial National Assembly Delegation;...

Many localities in Vietnam have promoted converting traditional industrial parks to eco-industrial parks and also developed new green industrial parks. The transformation of traditional industrial parks into sustainable green industrial parks is achieved by promoting green production and efficient use of resources.(Photo baoxaydung.com.vn) This is a crucial task of the National Green Growth Strategy 2021-2030, vision to 2050, and...

The wood industry market shows some signs of recovery, yet 2024 still poses some potential difficulties for the industry. Producing wooden furniture for export to EU market at WOODSLAND Tuyen Quang JSC.(Photo: VNA) Growth is expected to slow by about 10 – 12% compared to the last quarters of 2023. Do Xuan Lap, chairman of the Vietnam Timber and...

Export results in 2023 are believed to be a stepping stone for the rice sector to seek new markets, affirm the brand of Vietnamese rice, better guarantee national food security, and promote sustainable production and export in the time ahead. This year's rice export volume may surpass 8 million tonnes. (Photo: VNA) Vietnam may record a year-on-year increase of...

The Vietnam Trade Office in Algeria on December 22 coordinated with the Carrefour supermarket system in Algeria to organise an activity to introduce and promote Vietnamese products at the Carrefour Hypermarket in the City Center Mall in the capital of Algiers. Vietnamese agricultural products are introduced to Algerian consumers. (Photo: VNA) At the event, two of Vietnam’s key...