trade deficit with china heads north northwards

Trade deficit with China heads north northwards

Vietnam’s trade deficit with China hit a record high in the first four months of this year.
no time for backward steps macro

No time for backward steps Macro

Local economists are warning inflation will continue to spiral unless the government sticks to its guns on tightened fiscal and monetary policies until the year’s end.
solar energy field hots up

Solar energy field hots up

IC Energy late last week broke ground on a $390 million solar photovoltaic production facility in central Vietnam, just two months after the US-based First Solar, Inc. started work on a similar plant in Ho Chi Minh City.
rising deficit only part of trading tale

Rising deficit only part of trading tale

A dramatic rise in exports has yet to rein in Vietnam’s large trade deficit with China.
lines short circuit electricity plans

Lines short circuit electricity plans

Transmission lines’ poor capacity is exacerbating Vietnam’s power crisis.
lach huyen port close to reality

Lach Huyen port close to reality

Vietnam and Japan will this month sign a loan agreement for the construction of the biggest port in northern Vietnam.
regional brothers stand tall to prosper

Regional brothers stand tall to prosper

Vietnam is set to cement its trade ties with neighbouring Cambodia, Laos and Myanmar.
jica to drive forward 15bn power project

JICA to drive forward $1.5bn power project

State-run PetroVietnam will start construction of the $1.5 billion Song Hau 1 coal-fired power plant in southern Vietnam this year.
garment exports a right fit

Garment exports a right fit

Vietnam’s garment and textile industry aims to raise its export turnover by 17-18 per cent this year.
vietsovpetro success story to get a new chapter

VietsovPetro success story to get a new chapter

Vietnam and Russia last week agreed to extend their VietsovPetro joint venture cooperation for two more decades.
japan is firmly behind glowing nuclear dream

Japan is firmly behind glowing nuclear dream

In a clear statement of its support, Japan is arranging funds to support the development of Vietnam’s second nuclear power project.
nations trade deficit continues to head north

Nation’s trade deficit continues to head north

Vietnam in December was hit by a trade deficit touching $12 billion as imports flooded in at a hot pace.

Doosan locked into power development

Doosan Heavy Industries Vietnam late last week set up a joint venture with two other Vietnamese firms to participate in the Quynh Lap 1 coal-fired power project in central Vietnam.
powered up to beat electricity woes

Powered up to beat electricity woes

State-run Electricity of Vietnam will kick-off the construction of the country’s third largest Lai Chau hydropower plant this week to ensure more stable electricity supplies.
industrial spin on japan relationship

Industrial spin on Japan relationship

The valued Japan-Vietnam partnership is to climb to another level, with a heavy focus on strengthening Vietnam’s competitiveness and improving its business climate.