Prime minister asks for $435 million bailout to support forestry and aquatic sectors
By Ha Vy
May 02, 2023 | 22:07
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam with studying a bailout worth $435 million to support the forestry and aquatic sectors.
Cold chain sector to see increasing demand
By Lam Tien
May 01, 2023 | 11:02
The cold chain market in Vietnam has recorded active participation and expansion of both local and foreign investors. By 2026, the total designed capacity of cold storage in Vietnam is predicted to hit over 1.7 million pallets, with 23 projects scheduled to be completed from 2023 to 2026.
Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam
By Bich Ngoc
April 30, 2023 | 09:34
On April 28, Parkson Vietnam Co. filed an application to the People’s Court of Ho Chi Minh City for the commencement of voluntary bankruptcy proceedings.
Garments and textiles sector cautious for 2023
By Yen Thuy
April 28, 2023 | 16:26
The garments and textiles sector is being cautious in its outlook for 2023 amid diminishing total demand and rising inventory.
Voices grow louder for energy plan approval
By Hai Van
April 26, 2023 | 11:09
Numerous organisations and investors are urging Vietnam to swiftly define policies to accelerate the deployment of 7GW of offshore wind energy by 2030.
FDI flow bounces back
By VNA
April 25, 2023 | 12:05
So far this year, foreign direct investment (FDI) channeled into Vietnam neared 8.9 billion USD, with new capital surging after a slight decrease in the first three months.
$8.8 billion of FDI into Vietnam in the first four months
By Nguyen Huong
April 25, 2023 | 11:01
Although foreign direct investment into Vietnam fell in the first four months by 17.9 per cent on-year, both newly registered and share purchase capital rose.
Real estate project standstill no longer deemed acceptable
By Bich Ngoc
April 24, 2023 | 12:08
Despite efforts from the government and businesses, a lack of legal clarity and limited capital flows are creating bottlenecks and uncertainty for thousands of real estate projects.
Three foreign groups plan to pour 3.7 billion USD into Vietnam
By VNA
April 24, 2023 | 08:48
Three foreign groups unveiled their plans to pour 3.7 billion USD into Vietnam at the Prime Minister’s meeting with foreign investors in Hanoi on April 22, reported the Ministry of Planning and Investment.
Foreign investors committed to Vietnam's sustainable development
By Phuong Thu
April 22, 2023 | 11:00
Foreign-invested enterprises in Vietnam are showing a strong commitment towards sustainable development, although a series of issues need to be tackled.
PETMAL Oil Holdings proposes $2 billion oil refinery in Phu Yen
By Ha Vy
April 21, 2023 | 10:51
The Malaysian group PETMAL Oil Holdings Sdn Bhd has proposed a plan to develop an oil refinery worth $2 billion in the Southern Phu Yen Economic Zone.
National Master Plan for 2021-2030 launched
By VNA
April 20, 2023 | 16:42
Prime Minister Pham Minh Chinh chaired a teleconference with representatives of the 63 cities and provinces on April 20 to launch the National Master Plan for 2021-2030 with a vision to 2050, contributing to building a strong and prosperous country, and well-being of the people.
More action to remove obstacles in real estate market
By Bich Ngoc
April 19, 2023 | 11:02
Solutions to create more conditions for capital inflows were outlined in an insightful roundtable discussion on the real estate market held by VIR on April 19.
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