Vietnam has invested over 3.7 billion USD in 110 projects in the Lao and Cambodian provinces located in the three countries’ Development Triangle so far, statistics show. Director of the MPI’s Foreign Investment Agency Vu Van Chung speaks at the conference held in Attapeu province of Laos on February 27. (Photo: VNA) The Vietnamese Ministry of Planning and Investment...

The Ministry of Agriculture and Rural Development (MARD) set a target of growing about 1 million ha of large-sized timber forests nationwide by 2030. At a forest in Yen Bai (Photo: VNA) Of the area, the 500,000 ha of existing large-sized timber forests will be maintained and another 450,000-550,000 ha grown during 2024-2030, according to the MARD’s plan...

Two narrow-body aircraft C919 and ARJ21 of state-owned Commercial Aircraft Corporation of China, Ltd. (COMAC) landed at Van Don international airport in northern Quang Ninh province on February 26, beginning their showcase and desmontration at the Comac Airshow from February 26-29. C919 and ARJ21 aircraft land at Van Don international airport (Photo: VNA) The C919 is a narrow-body passenger...

Despite daunting challenges, Vietnam’s exports of wood and wooden furniture have shown signs of recovery since the end of 2023, Director of the Vietnam Chamber of Commerce and Industry (VCCI)’s Ho Chi Minh City Branch Tran Ngoc Liem said on February 26. Vietnam’s exports of wood and wooden furniture have shown signs of recovery since the end of...

Vietnam remained an exception in attracting foreign direct investment (FDI) on the global and regional scale last year. The Southeast Asian economy was expected to attract a large amount of FDI this year, said economists and analysts. Workers at a semiconductor factory located in HCM City. (Photo: VNA) Data from the United Nations Conference on Trade and Development...

The resort real estate market is recording positive signs as demand, in both domestic and international tourist markets, is gradually recovering at a stable pace, thereby helping strengthen trust in the industry, according to Mauro Gasparotti, Director of Savills Hotels. High-end hotels and resorts built along beach in Ninh Thuan province (Photo: VNA) According to a survey by...

Logistics costs have been a headache to the Vietnamese agricultural sector as they account for a lion share in the price of agricultural products. Shipping a container to the US now costs 13,000-14,000 USD as compared to 3,000 USD before the COVID-19 pandemic. (Photo: VNA) Logistics cost eroding profit According to processing and exporting businesses, transport costs make...

A delegation of representatives from 14 international financial institutions led by Maybank Investment Banking Group (MIBG) recently visited Vietnam to learn about the local market, according to the Vietnam Chamber of Commerce and Industry (VCCI). Maybank is the largest financial and banking group in Malaysia and the fourth largest in ASEAN (Photo: The Sun) The two sides discussed...

Vietnamese electric vehicle (EV) maker VinFast on February 25 broke ground for its integrated electric vehicle facility in Thoothukudi city, India’s Tamil Nadu state. Delegates at the groundbreaking ceremony of VinFast's integrated electrical vehicle facility in India. (Photo: VNA) Located in the State Industries Promotion Corporation of Tamilnadu Ltd (SIPCOT) in the southern state, the facility, which covers...

Strongly developing satellite cities for some metropolises is among the targets specified in the Prime Minister’s recent decision on the strategy to develop the construction sector by 2030, with orientation towards 2045. Satellite cities for some big urban centres, especially around Hanoi and Ho Chi Minh City, will be developed strongly by 2030. (Photo: VNA) In this strategy, one...