PDP8 officially authorised: 2050 approach

PDP8 officially authorised: 2050 approach

The objective of the PDP8 is to develop renewable energy sources for electricity generation to cover 67.7-71.5 per cent of the total by 2050.
VIR conference: Certain sectors remain magnets for FDI

VIR conference: Certain sectors remain magnets for FDI

Certain sectors, namely manufacturing, energy, real estate, tourism, education, and banking remain attractive targets for foreign direct investment (FDI).
VIR conference attracts hundreds of participants

VIR conference attracts hundreds of participants

Hundreds of government officials, senior economists, international organisations, and the business community participated in a major foreign investment conference hosted by VIR.
VIR to hold major foreign investment conference on May 15

VIR to hold major foreign investment conference on May 15

Vietnam Investment Review will hold a conference on May 15 to discuss the long journey of foreign investment in Vietnam, and how to foster more in the new era.
Vietnam striving for global value chain lift

Vietnam striving for global value chain lift

Vietnam is transforming into a manufacturing-oriented economy via its increasing participation in the global value chain, especially in manufacturing.
Four-month public capital disbursement reaches 14.66 per cent of year's target

Four-month public capital disbursement reaches 14.66 per cent of year's target

More than 110.6 trillion VND (4.7 billion USD) of public investment was disbursed in the first four months of this year, equivalent to 14.6 per cent of the yearly target and lower than the 18.48 per cent in the same period last year, according to the Ministry of Finance.
New measures on tap for funding swell

New measures on tap for funding swell

Vietnam has reaffirmed its efforts to support foreign investors who develop long-term, sustainable, and environmentally responsible business strategies in the country.
Vietnam's exports plunge in first quarter

Vietnam's exports plunge in first quarter

Vietnam's exports are down almost 12 per cent in the first four months of the year, with some sectors reporting declines of between 6 and 19 per cent.
Prime minister asks for $435 million bailout to support forestry and aquatic sectors

Prime minister asks for $435 million bailout to support forestry and aquatic sectors

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

Cold chain sector to see increasing demand

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

Parkson Retail Asia submits application for voluntary bankruptcy in Vietnam

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

Garments and textiles sector cautious for 2023

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

Voices grow louder for energy plan approval

Numerous organisations and investors are urging Vietnam to swiftly define policies to accelerate the deployment of 7GW of offshore wind energy by 2030.
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