French businesses tap potential of green development trends in Vietnam’s construction industry

French businesses tap potential of green development trends in Vietnam’s construction industry

The French Chamber of Commerce and Industry in Vietnam organized "Built to Last" 2024 conference in Ho Chi minh City. The event gathered over 400 guests.
MoIT accelerates 500kV circuit-3 transmission line project

MoIT accelerates 500kV circuit-3 transmission line project

(VEN) - Minister of Industry and Trade Nguyen Hong Dien recently chaired a regular briefing in Hanoi to review the construction progress of the Quang Trach - Pho Noi 500kV circuit-3 transmission line project.
Majority of enterprises forecast positive performance in Q2 2024

Majority of enterprises forecast positive performance in Q2 2024

Despite difficulties forecast for the second quarter of 2024, many enterprises in the processing and manufacturing industry expect their production and business activities in the quarter will improve, according to a recent survey of the General Statistics Office.
Dong Nai expands role of industry promotion collaborators

Dong Nai expands role of industry promotion collaborators

(VEN) - With their efficient performance, industry promotion collaborators in the southeastern province of Dong Nai have helped improve industry promotion activities in the region qualitatively and quantitatively.
IC development challenges Dong Nai Province

IC development challenges Dong Nai Province

(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Textile and garment businesses face difficulties due to lack of domestic supply

Textile and garment businesses face difficulties due to lack of domestic supply

HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1

Automobile industry reported strong sales in Q1

HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
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Leather & footwear industry to increase local content

Leather & footwear industry to increase local content

(VEN) - The leather and footwear industry, a leading exporter of Vietnam, has reached an average export growth of more than 10 percent per year. The sector set a target of increasing its local content rate to 75-80 percent in 2025.
Gia Lai calls for  private investment in IC infrastructure

Gia Lai calls for private investment in IC infrastructure

(VEN) - Thanks to good support policies, industrial clusters (IC) in the Central Highlands province of Gia Lai are attracting many businesses from the private sector in accordance with the set target of the province.
Support centers  give new impetus to industrial development

Support centers give new impetus to industrial development

(VEN) - Building industrial development support centers is a major goal pursued by the Ministry of Industry and Trade (MoIT), local authorities, and businesses.
Resolving difficulties for gas-fired power projects

Resolving difficulties for gas-fired power projects

(VEN) - On March 29, Minister of Industry and Trade Nguyen Hong Dien chaired a meeting to assess the progress of gas-fired power projects, identify difficulties and obstacles in the investment and construction process, and propose solutions to carry out projects according to the Power Development Plan VIII.
DPPA boots renewable energy, competitive  electricity market

DPPA boots renewable energy, competitive electricity market

(VEN) - A direct power purchase agreement (DPPA) will help attract investment in the development of renewable energy and a competitive retail electricity market.
Maintaining growth momentum of textile and garment sector

Maintaining growth momentum of textile and garment sector

Although Vietnam's textile and garment export turnover in the first three months of the year reached nearly 10 billion USD, an increase of about 10% over the same period in 2023, the sector is still facing many difficulties and challenges amidst the decrease of consumer demand, the increase of inventory, and geopolitical instability in some countries around the world.
No power shortage  under any circumstances: Minister

No power shortage under any circumstances: Minister

(VEN) - At a recent meeting on power supply and operation plans of the national power system in peak months of the dry season in 2024, Minister of Industry and Trade Nguyen Hong Dien directed relevant units and agencies to strictly implement the Prime Minister’s Directive on ensuring electricity supply, coal and gas supply for electricity production.
More connection needed for market expansion

More connection needed for market expansion

(VEN) - Apart from the support in terms of mechanism and policy, supporting industry firms want relevant authorities to provide them with more information about market demand.
Energy industry needs nearly 5 trillion VND of investment in 2021-2030

Energy industry needs nearly 5 trillion VND of investment in 2021-2030

The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
Nghe An accelerates  progress of local industry promotion

Nghe An accelerates progress of local industry promotion

(VEN) - The Department of Industry and Trade of the central Nghe An Province directed its affiliated units to quickly complete procedures to approve industry promotion projects early and ensure progress as planned.
Hanoi enhances industrial cluster development

Hanoi enhances industrial cluster development

(VEN) - The capital of Hanoi will focus on encouraging businesses to improve infrastructure in city-based industrial clusters (ICs), attract secondary investment projects and jointly achieve the goal of turning Hanoi into a leading city in terms of industrial development.
Gas industry adapting to new trends

Gas industry adapting to new trends

In 2023, Vietnam’s gas industry witnessed a significant shift as the Vietnam Gas Corporation ( PVGas ) completed the construction of a one-million-ton liquefied natural gas (LNG) storage facility and successfully imported the first LNG cargo to supplement the rapidly declining domestic gas supply, contributing to energy security and greening the national energy sources.
HCM City moves towards Net Zero

HCM City moves towards Net Zero

Ho Chi Minh City is building a project to restructure its industry towards sustainable development in the 2025-2030 period, with a vision to 2050, prioritising the use of high technology and reducing emissions towards net zero emissions by 2050.
Garment & textile sector tries to keep growth momentum

Garment & textile sector tries to keep growth momentum

The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
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IC development challenges Dong Nai Province

IC development challenges Dong Nai Province

(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Vietnam, France agree to strengthen their strategic partnership

Vietnam, France agree to strengthen their strategic partnership

French Minister of the Armed Forces Sébastien Lecornu's visit "holds significant importance in strengthening the Việt Nam-France Strategic Partnership and reaffirms their commitment to leaving the past behind and moving forward".
PM offers incense to fallen soldiers in Điện Biên Phủ

PM offers incense to fallen soldiers in Điện Biên Phủ

Prime Minister Phạm Minh Chính offered incense to heroes and martyrs at the A1 cemetery in Điện Biên Phủ city, the northern province of Dien Bien on May 6, on the occasion of the 70th anniversary of the Điện Biên Phủ Victory (May 7).
MoF refuses to cut import tax for some materials of animal feed production

MoF refuses to cut import tax for some materials of animal feed production

The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
green transformation in tourism starts with correct understanding awareness expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
vietnamese celebrated director to head jury at shanghai international film festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
hcm city achieves 127 million in tourism revenue over five day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
optimising unesco titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
7 places that are worth a visit in dien bien

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
Decree fosters industrial  cluster development

Decree fosters industrial cluster development

(VEN) - The Government has recently issued Decree 32/2024/ND-CP (Decree 32) on the management and development of industrial clusters (ICs), creating a more favorable mechanism for IC development.
Decree regulates conditions for cars from abroad to Việt Nam

Decree regulates conditions for cars from abroad to Việt Nam

HÀ NỘI — Foreign drivers using their vehicles in Việt Nam must complete a stringent set of procedures through a recognised travel company before they enter the country.
Fresh policies come into effect in May 2024

Fresh policies come into effect in May 2024

New policies regarding standards for civil servants holding leadership and management positions, management and development of industrial clusters, transportation of dangerous goods, and penalties in fishing sector shall come into effect this May.
Employment Law to be revised for better assurance of employees’ interests

Employment Law to be revised for better assurance of employees’ interests

The Ministry of Labor, Invalids and Social Affairs (MOLISA) has recently released the latest draft of the amended Law on Employment with several significant changes.
IC development challenges Dong Nai Province

IC development challenges Dong Nai Province

(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Textile and garment businesses face difficulties due to lack of domestic supply

Textile and garment businesses face difficulties due to lack of domestic supply

HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1

Automobile industry reported strong sales in Q1

HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
DPPA boots renewable energy, competitive  electricity market

DPPA boots renewable energy, competitive electricity market

(VEN) - A direct power purchase agreement (DPPA) will help attract investment in the development of renewable energy and a competitive retail electricity market.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign, domestic investment in Ba Ria - Vung Tau rises sharply

Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Foreign investors encouraged to invest in petroleum storage infrastructure

Foreign investors encouraged to invest in petroleum storage infrastructure

The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.
Cambodian media values Vietnam

Cambodian media values Vietnam's foreign investment attraction

The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
Thai Binh province rolls out red carpet for Dutch businesses

Thai Binh province rolls out red carpet for Dutch businesses

The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
MoF refuses to cut import tax for some materials of animal feed production

MoF refuses to cut import tax for some materials of animal feed production

The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Government proposes extending VAT cut until year end

Government proposes extending VAT cut until year end

The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment

Stock market upgrade to help Vietnam lure another 10 bln USD in investment

The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
VND30-trillion credit package for forestry, fisheries businesses

VND30-trillion credit package for forestry, fisheries businesses

(VEN) - Following the Government’s guidelines, the State Bank of Vietnam (SBV) has assigned commercial banks to realizing a VND30-trillion preferential credit program for forestry and fisheries sectors in order to help them maintain their leading positions as billions-of-US-dollars export revenue earners.
Is it possible to deny collection for waste unsorted at source?

Is it possible to deny collection for waste unsorted at source?

Unsorted waste could be denied collection, per a draft document proposed by the Ministry of Natural Resources and Environment.
PM asks for effective preventive solutions against forest fires

PM asks for effective preventive solutions against forest fires

HÀ NỘI — Prime Minister Phạm Minh Chính has issued an official dispatch, requesting ministries, sectors, and localities to continue vigorously and effectively implementing fire prevention and control measures nationwide amid hot weather across the country.
Heat records broken, more hot weather forecast for May

Heat records broken, more hot weather forecast for May

HÀ NỘI — April saw 112 heat records as the country baked in sweltering weather, with many places breaking temperature records set over a decade ago.
Vietnam faces climate change challenges

Vietnam faces climate change challenges

(VEN) - Without appropriate adaptation and mitigation measures, it is estimated that climate change could cause Vietnam to suffer losses of approximately 12-14.5 percent of gross domestic product (GDP) annually by 2050, triple the losses in 2020, 3.2 percent of GDP or around US$10 billion.
2024 VinFuture Prize records 1,469 nominations

2024 VinFuture Prize records 1,469 nominations

The 4th edition of VinFuture Prize, an annual international award that honours remarkable scientific breakthroughs and promotes innovations for humankind, has officially closed its nomination portal with a record of 1,469 submissions.
HCM City: Centre for Fourth Industrial Revolution to debut in September

HCM City: Centre for Fourth Industrial Revolution to debut in September

A centre for the Fourth Industrial Revolution (C4IR) in Ho Chi Minh City is scheduled to be officially launched in September, with a mission to be Vietnam’s top facility in advising national industrial policies, piloting their implementation in the southern metropolis, and promoting economic transformation in the revolution.
Vietnam’s digital products to go global

Vietnam’s digital products to go global

(VEN) - Vietnamese digital technology businesses have made great strides in development, as more digital application products have been created. In addition to the domestic market, the state needs to support them to bring Make-in-Vietnam digital products and services to the world.
Digital transformation events for banking sector slated for May

Digital transformation events for banking sector slated for May

The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer

The Điện Biên Phủ (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people.
HCM City works to put Metro Line No. 1 into operation soon

HCM City works to put Metro Line No. 1 into operation soon

Ho Chi Minh City's Metro Line No. 1 (Ben Thanh–Suoi Tien) is close to the finish line but is facing some difficulties, thus the local administration and the investor are making efforts to remove obstacles so that the it can start commercial operation soon.
Online administrative procedures to be processed on one app only from July 1

Online administrative procedures to be processed on one app only from July 1

HÀ NỘI — Deputy Prime Minister Trần Lưu Quang has asked relevant ministries and localities to use the Vietnam Electronic Identification (VNeID) as the only app in administrative procedure performance from July 1, 2024 to save time and costs.
Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays

Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays

More than 61,000 people, including 3,919 foreigners, paid tribute to President Ho Chi Minh at his mausoleum in Hanoi during the five-day National Reunification (April 30) and May Day (May 1) holidays, starting from April 27.
Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco, northern beer Industry icon, reports largest quarterly loss in four years

Habeco's leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
Vietnam Airlines reports profit in H1

Vietnam Airlines reports profit in H1

Vietnam Airlines (VNA) reported after-tax profit of VNĐ4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.
Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.
Visakan exports first pack of veterinary medicine to Halal market

Visakan exports first pack of veterinary medicine to Halal market

A member of Hùng Nhơn Group, Visakan Investment and Biotechnology Development Joint Stock Company (Visakan), on Thursday in the northern province of Bắc Ninh exported its first shipment of veterinary medicine valued at over US$200,000 to a Halal market.
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Vietnamese celebrated director to head jury at Shanghai International Film Festival

Vietnamese celebrated director to head jury at Shanghai International Film Festival

According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City launches international photo contest

HCM City launches international photo contest

Vietnamese and foreign photographers, both amateurs and professionals, are encouraged to take part in the third HCM City International Photography Contest.
Optimising UNESCO titles for national development

Optimising UNESCO titles for national development

With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
Vietnamese space introduced at Buenos Aires Int

Vietnamese space introduced at Buenos Aires Int'l Book Fair

A Vietnamese space has received warm response from visitors at the ongoing 2024 Buenos Aires International Book Fair.
Green transformation in tourism starts with correct understanding, awareness: expert

Green transformation in tourism starts with correct understanding, awareness: expert

Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
7 places that are worth a visit in Điện Biên

7 places that are worth a visit in Điện Biên

Here are seven recommended places for those who intend to visit the province.
HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City achieves $127 million in tourism revenue over five-day holiday

HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
Lang Son Geopark well-prepared for global recognition

Lang Son Geopark well-prepared for global recognition

(VEN) - Currently, Lang Son Provincial People’s Committee has completed the criteria for infrastructure and landscape of Lang Son Geopark to submit to UNESCO for global recognition as a Global Geopark in early 2025.
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