Feed producers seek alternative sources to save on costs

Feed producers seek alternative sources to save on costs

Many animal feed producers in Vietnam are snapping up domestic rice to replace imported equivalents, in the context of the rocketing increase in material prices and supply shortages.
NutiFood becomes major shareholder in Vinasoy's owner

NutiFood becomes major shareholder in Vinasoy's owner

The nutrition product producer NutiFood completed the purchase of additional two million shares in Quang Ngai Sugar JSC.
Vietnam spends $5 billion on coal imports

Vietnam spends $5 billion on coal imports

In the first seven months of this year, Vietnam spent over $5 billion to import coal for thermal power plants, up 123 per cent on-year.
Petrolimex to divest 40 per cent stake from PG Bank this quarter

Petrolimex to divest 40 per cent stake from PG Bank this quarter

Vietnam fuel distributor Petrolimex has officially received the State Bank of Vietnam’s approval to divest a 40 per cent stake in PG Bank.
Car and motorcycle sales decrease

Car and motorcycle sales decrease

The sales of cars and motorcycles plunged in June due to a lack of parts and components.
Cam Ranh International Airport needs $1.7 billion upgrade

Cam Ranh International Airport needs $1.7 billion upgrade

The Civil Aviation Authority of Vietnam has submitted the planning adjustment for Cam Ranh International Airport to the Ministry of Transport for approval.
Vingroup to develop second battery factory in Vung Ang

Vingroup to develop second battery factory in Vung Ang

Vingroup, through VinES Energy Solutions JSC, will cooperate with Gotion Inc. to develop a battery factory with the total capital of $273.9 million in Ha Tinh.
Adani Group to pour $10 billion in Vietnam including Lien Chieu Port

Adani Group to pour $10 billion in Vietnam including Lien Chieu Port

Indian Adani Group will cooperate with Anh Phat Investment Construction and Trading JSC to develop the Lien Chieu Port among the group's proposed projects in Vietnam with the expected value of $10 billion.
First lobster festival to be organised in Phu Yen in July

First lobster festival to be organised in Phu Yen in July

Vietnam's first lobster festival is scheduled to take place in the southern central province of Phu Yen on July 30-31.
Culture and food festival welcomes back nightlife lovers

Culture and food festival welcomes back nightlife lovers

The Saigon Night festival revived the long-awaited nightlife of many cities and provinces across the country after a long time of slumber due to the pandemic.
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