The Airports Corporation of Vietnam (ACV) on August 24 announced that the Vietur consortium had won the bidding package worth 35 trillion VND (1.45 billion USD) to build a terminal of the Long Thanh airport project in the southern province of Dong Nai. Perspective of Long Thanh airport (Photo: VNA) The consortium comprises of Turkish conglomerate IC ISTAS,...

The Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) have signed a memorandum of understanding (MoU) to strengthen bilateral cooperation, KOFOTI announced on August 24. Bac Giang LGG Garment Corporation's worker make clothes for export to RoK. (Photo: VNA) The signing ceremony took place within the framework of the textile exhibition “Preview in...

The second meeting of the Vietnam-UK Free Trade Agreement (UKVFTA) Trade Committee took place in Hanoi on August 24 under the co-chair of Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and British Minister of State for International Trade Nigel Huddleston. According to the General Department of Vietnam Customs, trade between Vietnam and the UK rises...

The coffee industry must take action immediately to prevent forest loss and avoid another “yellow card” warning from the EU as with the fisheries sector over illegal, unreported and unregulated (IUU) fishing, said Director of the National Agricultural Extension Centre (NAEC) Le Quoc Thanh. At a seminar held in Da Lat city, nearly 200 experts and coffee farmers...

Vietnamese internet company VNG Corp, under trading code VNZ, has filed for an initial public offering (IPO) in the US via VNG Ltd, according to Reuters. Based in Ho Chi Minh City, the VNG is operating businesses include online games, payments, cloud services and Zalo - a popular messaging app in Vietnam. (Photo: Internet) The listing will make...

In 2 days, August 22 and 23, in Lang Son city, the Lang Son Business Association held the third congress, term of 2023-2028 with the theme "Solidarity - Innovation - Creation - Development". Mr. Nguyen Quoc Doan, Member of the Party Central Committee, Secretary of the Provincial Party Committee, delivered a keynote speech at the Congress Attending the congress...

Many foreign retail distributors, promoting strategies to diversify their supply chains and ensure a sustainable and resilient supply, have chosen Vietnam as a strategic location in the global supply chain, according to Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT). Illustrative image (Photo: vneconomy.vn) The Vietnam International Sourcing 2023 next...

The Consulate General of Vietnam in Vladivostok and the Vietnam Trade Office’s branch in the Far East on August 21 held a workshop to promote Vietnam-Russia foreign trade through Vladivostok port. Vladivostok port in Russia's Far East. (Photo: VNA) More than 30 enterprises and relevant officials from Vietnam and Russia joined the event in person and online. It...

The Ho Chi Minh City People's Committee has submitted to the Prime Minister a proposal on the study project of the construction of the Can Gio International Transshipment Port which the city hopes to turn into the first green port in Vietnam. Can Gio International Transshipment Port will be built on Con Cho islet in Thanh An commune, Ho...

Foreigners have the right to own houses for a set period, but land ownership is not permitted. Once their ownership duration concludes, they may renew it once and have the privilege to purchase and sell houses similarly to local residents. The National Assembly Standing Committee discusses the draft amended Law on Housing on March 17 this year. (Photo:...