Industry

Revising the Electricity Law to create a legal framework for developing energy sources

08:55 | 16/10/2024 Energy

HÀ NỘI — Experts have emphasised the need to revise Việt Nam’s Electricity Law to align with the Party's energy policies and ensure consistency across the nation’s legal framework.

Hanoi’s industrial production shows promising growth

12:30 | 14/10/2024 Industry

Hanoi – The capital city of Hanoi has seen thriving industrial production, especially in the processing and manufacturing sector, with local businesses working to seize opportunities to accelerate growth toward the year end.

Increase in electricity prices concerns manufacturers

10:22 | 14/10/2024 Energy

HÀ NỘI — The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh on October 11, triggering worries about its impact on commercial and residential customers.

Up 4.8 percent, Vietnam's electricity price high or low in region?

10:18 | 13/10/2024 Energy

The average retail price of electricity in Vietnam is VND2,103.1159 per kWh, equivalent to about US$0.084 per kWh, lower than the global average.

EVN wants to invest in more power generation projects

15:54 | 24/10/2024 Energy

HÀ NỘI — Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply to meet socio-economic development demand.

Nuclear power back on table to secure Vietnam’s energy future

11:05 | 24/10/2024 Energy

In a move to secure Vietnam's energy future, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has underscored the urgent need to restore investment in and develop nuclear power, placing utmost importance on safety.

Vietnamese steel industry under pressure amid protectionism tension and dumping

11:16 | 23/10/2024 Industry

Steel was one of the industries with the largest number of trade defence investigations, not only in Việt Nam, but also in the world.

MoIT approves price framework to purchase electricity from Laos

08:38 | 11/10/2024 Energy

HÀ NỘI — The Ministry of Industry and Trade has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Foreign investors interested in green development, semiconductor industry in Vietnam

17:34 | 09/10/2024 Industry

HCM City – Green, clean development and semiconductor chip production are among the sectors in Vietnam that foreign investors are interested in, according to VinaCapital CEO and Founding Partner Don Lam.

Việt Nam seeks Japan's cooperation in hydrogen energy development

14:33 | 09/10/2024 Energy

Vietnamese Consul General in Fukuoka Vũ Chi Mai pledged to support the NIC and the Ministry of Planning and Investment in seeking Japanese partners to help Việt Nam build and implement the hydrogen energy policy.

Việt Nam's industrial production saw positive growth in nine months

14:20 | 08/10/2024 Industry

The nine-month IIP growth was driven by the manufacturing sector (up 9.8 per cent), electricity production and distribution (up 11.1 per cent) and water supply and waste-wastewater treatment (up 9.9 per cent). Meanwhile, the mining sector fell 6.4 per cent.

Việt Nam seeks to strengthen pharmaceutical industry

09:02 | 23/10/2024 Industry

The revised Pharmacy Law being discussed at the 15th National Assembly's 8th session is expected to enable incentives and investment support for the industry's development.

Sci-tech ministry backs restarting nuclear projects in Việt Nam

16:09 | 22/10/2024 Energy

HÀ NỘI — The Ministry of Science and Technology says it is in favour of restarting nuclear energy projects in Việt Nam, in response to renewed interest from the central Government in this power source.

Vietnam: A new bright spot in global electronics supply chain

15:47 | 22/10/2024 Support industries

(VEN) - In recent years, Vietnam has emerged as a bright spot in the global electronics supporting industry (CNHT) and is becoming an ideal destination for large technology corporations. This has opened further opportunities for Vietnamese enterprises to participate in global supply chains.

Vietnam promotes energy transition for sustainable development

15:43 | 22/10/2024 Energy

A conference themed “Renewable energy and energy efficiency” was held in Ho Chi Minh City on October 21, within the framework of the Green Economy Forum and Exhibition 2024, jointly held by the European Chamber of Commerce (EuroCham) and the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade).

Vietnam’s plastics and rubber sector: Sustainability for economic growth

16:02 | 21/10/2024 Industry

Vietnam’s plastics market is set to grow from 10.92 million tonnes in 2024 to 16.36 million tonnes by 2029 with a CAGR of 8.44% (Mordor Intelligence, 2024). Plastic exports in the first half of 2024 surged over 32% YoY, reaching US$3.15 billion. However, stricter environmental regulations and rising global demand for recycled plastics, especially from the US and the EU, push the industry toward sustainable practices - posing challenges but also creating new opportunities.

Textile, footwear exporters have full orders for 2024

09:22 | 21/10/2024 Industry

HÀ NỘI — In contrast to a lack of export orders at this time last year, textile and footwear enterprises have so far received full orders until the end of this year – and some enterprises even have orders for the first quarter of next year.

Prime Minister calls for mulling over nuclear power development

16:49 | 20/10/2024 Energy

Prime Minister Pham Minh Chinh has requested relevant agencies to mull over nuclear power development and continue updating the 8th edition of the National Power Development Plan.

PM urges stable electricity supply amid rising demand

14:44 | 19/10/2024 Energy

Prime Minister Pham Minh Chinh on October 19 emphasised the need for early preparations to ensure a stable and efficient electricity supply and national energy security, as Vietnam is advancing its industrialisation and modernisation efforts.

Amended Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

08:46 | 18/10/2024 Energy

HÀ NỘI — The amendments being considered to the Electricity Law should remove bottlenecks and create a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.

Vietnamese sugar cane tops ASEAN in productivity for first time

17:08 | 16/10/2024 Industry

The Vietnamese sugar industry has led the region in sugar productivity for the first time, according to the Vietnam Sugarcane and Sugar Association (VSSA).

Trước Sau

Latest Most Read

Việt Nam's stock market moves closer to emerging market status amid key policy changes

18:05 | 06/11/2024 Stock Market

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.

Vietnam posts trade surplus of 23.31 bln USD in 10 months

16:45 | 06/11/2024 Trade

Hanoi – Vietnam posted a trade surplus of 23.31 billion USD during January-October, reported the Ministry of Industry and Trade’s General Statistics Office (GSO).

PM meets Chinese major firms

16:40 | 06/11/2024 News and Events

Yunnan – Prime Minister Pham Minh Chinh met separately with Chinese leading infrastructure and energy corporations in Kunming on November 6 to bolster bilateral cooperation in the areas.

Prime Minister receives ADB President in Kunming

16:35 | 06/11/2024 News and Events

Kunming – Prime Minister Pham Minh Chinh received President of the Asian Development Bank (ADB) Masatsugu Asakawa in Kunming on November 6, within the framework of his attendance at the eighth Greater Mekong Subregion (GMS) Summit and working trip to China.

Industrial production index rises 8.3 per cent in ten months

16:30 | 06/11/2024 Industry

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.

Aquatic exports expected to rise in year-end despite challenges

22:04 | 02/11/2024 Trade

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.

Acceleration, breakthought in ties between Vietnam and Middle East countries

22:10 | 02/11/2024 Cooperation

Prime Minister Pham Minh Chinh has concluded his successful working trip to three Middle East countries - the United Arab Emirates (UAE), Saudi Arabia and Qatar from October 27 to November 1 at the invitation of the UAE President, Crown Prince and Prime Minister of Saudi Arabia, and Qatari Prime Minister.

Developing education, training to serve new era of nation: PM

09:57 | 03/11/2024 Policy

PM Chính said the Party and State consistently pay attention to education and training, which are identified as a leading policy.

State President welcomes top legislator of Cuba

20:03 | 02/11/2024 News and Events

The Vietnamese President congratulated the Caribbean nation on its significant success that the United Nations General Assembly on October 30 overwhelmingly adopted a resolution demanding the US end the embargo against Cuba.

Party chief hosts top Cuban legislator

20:31 | 02/11/2024 News and Events

General Secretary of the Communist Party of Vietnam To Lam hosted a reception in Hanoi on November 2 for Politburo member of the Communist Party of Cuba and President of the National Assembly of People’s Power Esteban Lazo Hernandez.

Multimedia

Video Longform Infographic Photo

Vietnam’s role in GMS economic cooperation

09:20 | 06/11/2024 Infographic

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.

Practical innovations

09:15 | 06/11/2024 Science - Technology

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!

Seven strategic directions to lead the nation into a new era

17:04 | 05/11/2024 Infographic

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.

Delicacy of Hà Nội’s autumn

11:29 | 04/11/2024 Lifestyle

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.

Vietnam-Cuba traditional solidarity, special friendship

10:12 | 02/11/2024 Infographic

Vietnam and Cuba continue to engage in regular bilateral contacts and exchanges at various levels, particularly at the highest levels. The robust political and diplomatic relationship has facilitated significant economic and trade cooperation between the two nations. Currently, Vietnam ranks as Cuba's second-largest trade partner in Asia and stands as the largest foreign investor from the Asian region in Cuba.

Policy

Amendment to tax regulation on foreign suppliers proposed

09:13 | 06/11/2024 Policy

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.

Lawmakers propose plans for State budget allocation

08:43 | 06/11/2024 Policy

The 15th National Assembly's eighth session continued in Hanoi on November 5 morning to scrutinise the State budget performance in 2024, the State budget projection and the proposed allocation for 2025.

Finance ministry proposes extending environmental tax cut on fuel products in 2025

16:47 | 05/11/2024 Policy

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.

NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

17:33 | 03/11/2024 Policy

Việt Nam faces not only the risk of becoming a transit hub but also the potential of evolving into a production and distribution centre for international drug trafficking.

Industry & Trade

Industrial production index rises 8.3 per cent in ten months

16:30 | 06/11/2024 Industry

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.

Efforts to bring electricity to remote villages of Ha Giang Province

15:15 | 04/11/2024 Energy

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.

Vietnamese F&B industry works to catch up with green consumption trend

17:38 | 03/11/2024 Industry

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.

PM calls for Qatar's support for energy development in Việt Nam

08:56 | 01/11/2024 Energy

The Vietnamese leader made the call at a reception for Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs of Qatar and CEO of Qatar Energy - a state-owned oil and gas corporation in Qatar and one of the world's leading LNG producers.

Investment

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

16:16 | 04/11/2024 Investment

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.

Da Nang to invest additional 16 million USD into software park

17:19 | 03/11/2024 Investment

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.

PM receives heads of leading investment firm, authority of Qatar

09:07 | 01/11/2024 Investment

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.

Forum suggests suitable orientations for green development strategy in Lam Dong

15:44 | 31/10/2024 Investment

An investment forum entitled “Lam Dong Green Plateau — Sustainable Green Transformation: Opportunities for Investors” took place in Da Lat City, in the Central Highlands province of Lam Dong, on the afternoon of October 30.

Finance-Banking

Việt Nam's stock market moves closer to emerging market status amid key policy changes

18:05 | 06/11/2024 Stock Market

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

15:46 | 05/11/2024 Finance-Banking

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.

Finance ministry proposes two price management scenarios for year-end

10:11 | 04/11/2024 Finance-Banking

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.

Banking sector prioritises support for import-export firms

16:35 | 02/11/2024 Finance-Banking

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.

Environment

The 2024 Vietwater & WETV exhibitions open in HCMC

14:37 | 06/11/2024 Environment

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).

Workshop looks to address environmental management issues in industrial areas

16:34 | 05/11/2024 Environment

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.

More accurate forecasts at all levels needed to reduce coastal disaster risk

15:07 | 04/11/2024 Environment

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

10:13 | 03/11/2024 Environment

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.

Science - Technology

Practical innovations

09:15 | 06/11/2024 Science - Technology

Technology “key” to attract FDI

09:09 | 05/11/2024 Science - Technology

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.

HCM City partners with Google for Education in digital transformation

14:47 | 04/11/2024 Science - Technology

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.