Industry

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.

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.

Việt Nam’s auto industry strives to reach global recognition

08:58 | 08/11/2024 Industry

HÀ NỘI — The domestic automobile industry is undergoing a significant transformation as it increasingly integrates into global markets and attracts foreign investment, according to automobile experts.

Vietnam’s path to sustainable semiconductor industry

10:47 | 07/11/2024 Industry

(VEN) - Vietnam’s semiconductor industry development strategy aims to reach an annual revenue of over US$25 billion in the 2024-2030 period, US$50 billion in the 2030-2040 period, and US$100 billion in the 2040-2050 period.

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.

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.

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.

Efforts made to create breakthrough in Vietnam's automobile industry

09:28 | 31/10/2024 Industry

The automobile industry is expected to be a locomotive that propels the development of other industries. However, after 30 years, it continues to face numerous challenges. After several missed opportunities, many people hope that the new strategy for the development of the automobile industry will provide additional support for a breakthrough.

Binh Dinh seeks German investment in offshore wind power project

09:02 | 31/10/2024 Energy

The central province of Binh Dinh always create favourable conditions for investor to explore opportunities and invest in the locality, the provincial Party Secretary Ho Quoc Dung said during a working session with Helga Margarete Barth, German Ambassador to Vietnam, and representatives from the German Chamber of Commerce and Industry in Vietnam (AHK Vietnam), and PNE Group on October 30.

8,424 taste makers gather at FI Vietnam

09:07 | 30/10/2024 Industry

Vietnam's leading F&B ingredients event, Fi Vietnam 2024, has gathered 174 businesses and 8,424 visitors from 39 countries and regions.

Vietnam possesses great opportunity to develop Halal Industry into a strength

16:30 | 28/10/2024 Industry

With the global Muslim population having reached nearly 1.94 billion as of 2022 and being projected to grow to 2.8 billion by 2050, the Halal industry has been offering substantial opportunities for countries participating in this supply chain, including Vietnam.

Nuclear power plays an important role in energy security: ministry

16:01 | 25/10/2024 Energy

HÀ NỘI — The development of nuclear power plays an important role in achieving energy security and achieving net zero, but thorough study is needed to evaluate feasibility and ensure absolute safety, Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân said.

Added value of the industrial sector up 9.59 per cent in Q3

09:21 | 25/10/2024 Industry

Việt Nam’s industrial production in the third quarter of 2024 recorded positive growth, with an added value estimated to increase by 9.59 per cent.

UK commits to be partner of Việt Nam in energy transition

16:03 | 24/10/2024 Energy

HCM CITY — The UK Government has always been a partner of Việt Nam in its energy transition, affirmed British Consul General in HCM City, Alexandra Smith.

Trước Sau

Latest Most Read

Tra Que named among world’s best tourism villages in 2024

11:20 | 18/11/2024 Tourism

Tra Que vegetable village in the central province of Quang Nam has become Vietnam's sole representative to earn a spot on the United Nations World Tourism Organisation's (UNWTO) 2024 list of the world’s 55 best tourism villages.

Vietnam’s industrial real estate attracts foreign investment

11:14 | 18/11/2024 Economy

Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.

Prime Minister joins Việt Nam Day in Brazil

11:09 | 18/11/2024 Culture

Chính highlighted the programme’s significance in celebrating 35 years of the Việt Nam-Brazil relations and the 112th anniversary of President Hồ Chí Minh’s stop in Rio de Janeiro during his journey to seek ways for national salvation.

Bird nest production in central province aims at sustainability

11:03 | 18/11/2024 Economy

More efforts should be put into developing a sustainable model for Dak Lak's swallow nest industry said participants at a conference organised by the Province's Department of Agriculture and Rural Development.

Central bank issues new decisions on deposit interest rates

10:57 | 18/11/2024 Economy

According to the SBV, Decision No. 2410/QĐ-NHNN and Decision No. 2410/QĐ-NHNN aim to ensure consistency on a legal basis with other issued circulars on deposit interest rates.

Vietnam promotes int’l cooperation in MICE tourism development

14:47 | 14/11/2024 Tourism

(VEN) - MICE is a type of tourism that combines meetings, incentives, conferences, and exhibitions organized by businesses for their staff, employees, and partners. Compared to other countries in the region, Vietnam is considered to have great potential for MICE tourism development.

Việt Nam solidifies its global position through WTO integration

14:35 | 14/11/2024 Economy

WTO membership has not only reshaped Việt Nam’s economy but also elevated its standing on the global stage, driving growth, fostering innovation and unlocking new opportunities for international trade.

Easing monetary policy continues bolstering domestic stock market

14:51 | 14/11/2024 Economy

With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.

Hà Nội requires comprehensive emission data to develop effective air pollution control plan

15:03 | 14/11/2024 Environment

Air pollution in Hà Nội has become a significant public concern, particularly in light of reports that it is one of the most polluted cities in the world. This situation demands urgent and coordinated measures from authorities to control and mitigate pollution, which poses serious health risks to the community.

Night flights added at six airports to meet rising travel demand during Tet

15:12 | 14/11/2024 Society

The Civil Aviation Authority of Vietnam (CAAV) has approved proposals from several domestic airlines to increase night flights to meet the higher travel demand during the Lunar New Year (Tet) which falls in late January 2025.

Multimedia

Video Longform Infographic Photo

Nhon - Hanoi Station elevated urban railway comes into operation

09:04 | 18/11/2024 Infographic

The elevated section of the pilot Nhon - Hanoi Station urban railway project has officially entered commercial operation, three months after its debut. This marks a pioneering step toward green transformation, laying the foundation for the capital's public and sustainable transportation development.

Key facts on G20 and Vietnam's participation

09:42 | 17/11/2024 Infographic

Prime Minister Pham Minh Chinh is leading a high-ranking delegation of Vietnam to attend the G20 Summit in Rio de Janeiro, Brazil, from November 16 to 19 at the invitation of Brazilian President Luiz Inácio Lula da Silva.

Vietnam - Brazil Comprehensive Partnership

19:17 | 16/11/2024 Infographic

During his trip to attend the 2024 G20 Summit in Brazil from November 16 to 19, Prime Minister Pham Minh Chinh will also take part in bilateral activities in Rio de Janeiro. The visit coincides with the 35th anniversary of diplomatic relations (May 8, 1989 – May 8, 2024) and the 17th anniversary of the comprehensive partnership (May 2007 – May 2024) between Vietnam and Brazil, marked by a series of meaningful and diverse events.

Key socio-economic development targets for 2025

10:24 | 16/11/2024 Infographic

On November 12, 2024, the National Assembly passed the resolution on the 2025 socio-economic development plan, prioritising growth based on macroeconomic stability, inflation control, and maintaining major economic balances. The resolution sets a GDP growth target of 6.5-7%, aiming to reach 7-7.5%.

Seven commodities with export value of over 10 billion USD

09:20 | 15/11/2024 Infographic

Seven commodities of Vietnam posted an export value of over 10 billion USD in the first 10 months of this year, accounting for over 66.5% of the country's total export turnover.

Policy

Vietnam pledges to make more contributions to APEC cooperation

09:46 | 17/11/2024 Policy

Lima – Vietnam will continue actively contributing to and effectively implementing cooperation orientations and directions of the Asia-Pacific Economic Cooperation (APEC), State President Luong Cuong affirmed while addressing the 31st APEC Economic Leaders' Meeting in Lima, Peru, on November 16 (local time).

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

10:04 | 16/11/2024 Policy

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

14:19 | 15/11/2024 Policy

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

09:47 | 13/11/2024 Policy

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.

Industry & Trade

Vietnam to become new market for global tech giants in semiconductor industry

09:13 | 18/11/2024 Industry

Vietnam is likely to become a key market attracting major players in the semiconductor industry, especially following Donald Trump’s landslide victory in the recent US presidential election.

Nuclear power development projects to restart: MoIT

16:42 | 17/11/2024 Energy

The MoIT also said that the development of nuclear power of any scale must align with the direction of the Party and the State, and all investments must comply with the Law on Atomic Energy.

Vietnam sees opportunities to attract investments in electronics support industries

12:37 | 17/11/2024 Support industries

As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.

Project launched to advance energy transition in Việt Nam

10:15 | 16/11/2024 Energy

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector.

Investment

Disbursement of public investment must be accelerated: Deputy PM

12:17 | 17/11/2024 Investment

Deputy Prime Minister Ho Duc Phoc has called on ministries, agencies, and localities to accelerate the disbursement of public investment from now until the year-end and further tighten investment management.

LG plans to pour further US$1 billion investment into Vietnam

10:42 | 16/11/2024 Investment

The Republic of Korea (RoK)’s LG Displays Co. Ltd has been licensed to raise its investment in a factory in Hai Phong city, northern Vietnam, by US$1 billion.

Long An province promotes investment and trade in France

09:34 | 15/11/2024 Investment

A Vietnam-France Investment and Trade Promotion Seminar was held in Paris on November 13 to strengthen connections and seek cooperation opportunities between the Mekong Delta province of Long An and France.

Bac Giang prioritises high-tech FDI projects, services industry

17:04 | 12/11/2024 FDI

The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.

Finance-Banking

Vietcombank issues 2 trillion VND worth of green bonds for first time

18:55 | 16/11/2024 Finance-Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.

UK stands ready to help Vietnam build international financial hub

17:13 | 13/11/2024 Finance-Banking

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.

S&P affirms Techcombank’s BB- rating

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

S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.

Tax sector fulfils nearly 95% of state budget collection target

15:38 | 09/11/2024 Finance-Banking

The General Department of Taxation on November 7 reported that the total state budget collection of the sector in January – October was estimated at over 1.4 quadrillion VND (55.18 billion USD), or 94.8% of the annual projection and up 16.3% against the same time last year.

Environment

Greening e-commerce crucial for sustainable development

10:47 | 18/11/2024 Environment

(VEN) - While e-commerce has emerged as a leading sector of the digital economy, driving economic growth and leading the digital transformation of businesses, it has also resulted in significant waste with adverse environmental impacts.

National Environmental Protection Plan ensures high quality living environment

08:59 | 18/11/2024 Environment

The plan aims to effectively conserve biodiversity and maintain ecological balance, proactively address climate change and promote a society that develops harmoniously with nature.

Super Typhoon Man-yi to move into East Sea on November 18

17:13 | 17/11/2024 Environment

Super Typhoon Man-yi is expected to batter the Philippines’ Luzon island on November 17 afternoon before moving into the East Sea hours later, becoming the ninth storm to affect Vietnam this year, according to the National Center for Hydro-Meteorological Forecasting.

Việt Nam proactively prepares for EUDR despite EU postponement

09:57 | 17/11/2024 Environment

The European Union (EU) has postponed the enforcement of the European Union Deforestation Regulation (EUDR) to December 31, 2025, aiming to ensure the sustainable management of imports and exports that do not contribute to deforestation or forest degradation.

Science - Technology

Hà Nội to host 2024 e-commerce and digital economy forum on November 21

17:23 | 17/11/2024 Science - Technology

The event aims to address the practical needs of businesses in the industrial and trade sectors as they navigate digital transformation.

Telecoms service providers invest in 4G, 5G technologies

17:20 | 17/11/2024 Science - Technology

Telecoms service providers in Vietnam are investing in 4G and 5G mobile phone connectivity infrastructure at the same time.

Việt Nam, US sign cooperation agreement on cybersecurity

09:02 | 15/11/2024 Science - Technology

The MOU is expected to strengthen the existing partnership between the US and Việt Nam, while also helping the US promote innovation and secure digital infrastructure as well as countering the growing cyber threats.

Viettel launches the world’s first O-RAN 5G Network

16:59 | 14/11/2024 Science - Technology

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.

Society

Vietnam’s efforts to promote gender equality

09:37 | 17/11/2024 Society

(VEN) - According to the Global Gender Gap Report 2024, Vietnam's gender equality ranking stands at 72^nd out of 146 countries, an improvement of 11 places compared to 2023.

PM calls on whole society, teachers, education sector to enter era of nation's rise

10:46 | 16/11/2024 Society

Prime Minister Phạm Minh Chính on November 15 called on the whole society to join hands with teachers and the education sector in nurturing owners of the future, especially when Việt Nam is preparing to enter a new era - the era of the nation’s rise.

Students invent eco-friendly material press machine to replace plastic products

09:29 | 15/11/2024 Society

Researching and designing a press machine to produce plates and bowls from readily available materials like coconut husks, areca sheaths and banana leaves not only promotes green product consumption but also helps as part of developing a sustainable economy.

Party chief urges Hai Phong to become modern maritime economic hub

08:58 | 15/11/2024 Province

As part of his working trip to the northern city of Hai Phong, Party General Secretary To Lam held a working session with the municipal Party Committee on November 14, during which he urged the local authority to pay attention to planning work, towards turning it into a modern maritime economic hub in the future.