The Vietnamese textile and garment industry continued its big role as a key driver of Vietnam’s exports. Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang talked with VIR’s Phuong Thu about how local firms can capitalise on free trade agreements and weather difficulties to move forward sustainably. How did the Vietnamese textile […]
Read MoreThe fate of the 1,980MW Vinh Tan 3 coal-fired power plant, located in the southern central province of Binh Thuan, has become uncertain now that the London-headquartered HSBC announced withdrawing as the financial advisor for the project. One of the world’s largest financial groups, HSBC, has pulled out of a major coal project in Vietnam, […]
Read MoreAs Vietnam prepares to enter a new development period in 2021 amid global economic changes and the widespread influence of Industry 4.0 and free trade agreements, the country is seeking to increase its appeal to private investors so that it can access more resources to cover its development needs. Le Net and Vu Thi Thinh […]
Read MoreThe representative of Thua Thien-Hue People’s Committee has handed over the decision providing in-principle approval to Bach Viet Automobile Manufacturing Industry JSC to develop an automobile assembly and manufacturing complex in the province. The complex will cover an area of 50 hectares in Chan May-Lang Co Economic Zone with the total investment capital of VND2.6 trillion […]
Read MoreVietnam raked in US$5.3 billion in foreign direct investment in the first 20 days of 2020, a year-on-year surge of 179.5 percent, up 2.8% compared to the same period in 2019, according to the Ministry of Planning and Investment. The figure includes $4.5 billion funneled into 258 new FDI projects, up 454.1 percent and 14.2 […]
Read MoreLocal property market to recover this year. Local property experts have forecast that the domestic real estate market will recover this year. Local property experts have forecast that the domestic real estate market will recover this year. Market demand and prices would likely to rise, according to economist Le Xuan Nghia. Nghia said more finances would be […]
Read More23 multi-level marketing firms have licences to work in Vietnam. After the authorities revoked working licences of five multi-level marketing (MLM) firms last year, there are 23 firms of this type allowed to operate in the country. After the authorities revoked working licences of five multi-level marketing (MLM) firms last year, there are 23 firms of […]
Read MoreThe world of fungi has attracted a lot of interest and seems to be becoming very fashionable of late. A new exhibition at Somerset House in London, for example, is dedicated to “the remarkable mushroom”. No surprise: we’re being promised that mushrooms may be the key to a sustainable future in fields as diverse as fashion, toxic spill clean ups, mental […]
Read MoreHousing development is of paramount importance to Ho Chi Minh City as the city’s population is expected to see an increase of one million people every five years in the 2021-35 period, according to Vo Van Hoan, vice chairman of the city People’s Committee. The average housing area per person in HCM City is 19.9 […]
Read MoreThe Mekong Delta province of Tra Vinh is witnessing a series of wind power projects settling in the province thanks to its favourable position, with total investment exceeding VND42 trillion ($1.8 billion). Wind turbines in the sea of Tra Vinh. The Mekong Delta province of Tra Vinh is home to a series of wind power […]
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