Vietnamese conglomerate Masan Group on October 2 said it has secured funding of at least 200 million USD from Bain Capital, one of the world’s leading private investment firms with approximately 175 billion USD in assets under management. Masan is operating 3,500 supermarkets and convenience stores nationwide. (Photo: VNA) The investment would be in the form of convertible...

Forty-eight years since its establishment, the Vietnam Oil and Gas Group (Petrovietnam) has become a multi-billion-dollar enterprise and made breakthrough and comprehensive development strides. An oil rig of Petrovietnam (Photo: VietnamPlus) Petrovietnam was set up on September 3, 1975 with the goal of helping guarantee national energy security and serving as a pillar of economic support for national...

The Vietnam Trade Office in Canada is focusing on helping Vietnamese businesses make the most of CPTPP's principles of origin in the garment and textile sector through connection activities and provision of information about the Canadian market, according to Trade Counsellor Tran Thu Quynh at the Vietnamese Embassy in Canada. Workers of Viet Vuong 3 company in Ben...

On the morning of September 30, the investor consortium including Chi Lang Infrastructure Construction Investment Joint Stock Company and BGI Group Joint Stock Company held a groundbreaking ceremony for the Southeast urban area project in Dong Mo town, Chi Lang district. Attending the ceremony were Mrs. Doan Thi Hau, Member of the Standing Committee of the Provincial Party Committee,...

The Ministry of Transport said it has approved adjustments to the project reviewing, evaluating and recommending the results of research on planning for international airports of Da Nang, Cam Ranh and Phu Quoc for the 2021-2030 period with a vision toward 2050, and the planning scheme for Con Dao airport for the 2021-2030 period. Da Nang International Airport...

Many foreign press agencies have run articles featuring Vietnam’s economic growth, pointing to rosy signs in its recovery. A foreign-invested footwear material factory in Thuan An city, Binh Duong province (Photo: VNA) French wire service AFP cited statistics by the General Statistics Office (GSO) showing the economy grew 5.33% in the July-September period from a year earlier, and...

The Thi Vai liquefied natural gas (LNG) warehouse and terminal complex, the first of its kind in Vietnam, of the Petrovietnam Gas Joint Stock Corporation (PV GAS), has passed a series of technical tests and is now ready to be put into commercial operation. An aerial view of part of the Thi Vai liquefied natural gas (LNG) warehouse...

Southern localities remain attractive destinations for Japanese investors thanks to the completion of infrastructure systems and an improved business environment. After the construction of the terminal and runway of Long Thanh International Airport Project started at the end of August, many foreign investors have looked for land to invest in Dong Nai. (Photo: baogiaothong.vn) Recently, many Japanese firms,...

Many agricultural products such as rice, coffee, cashew and durian have set their own records in export revenue, contributing to brightening the picture of Vietnam’s exports for this year. Vietnam exports an impressive volume of 61,000 tonnes of cashew nuts for 334 million USD in August. (Photo: VNA) As of the end of August, Vietnam exported nearly 1.2 million...

Hanoi recorded nearly 2.53 billion USD in foreign direct investment (FDI) registered during the first nine months of 2023, maintaining its top position in FDI attraction in Vietnam, said the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Hanoi has attracted nearly 2.53 billion USD in FDI during the first nine months of 2023. (Photo: VNA)...