solid outlook for investment in haiphong

Solid outlook for investment in Haiphong

Leveraging a host of factors such as fast growth and holding a large proportion in capital, foreign investment attraction is being considered a bright spot in the Haiphong’s socioeconomic development.
vietnamese exports to uae rise in first seven months

Vietnamese exports to UAE rise in first seven months

In the first seven months, Vietnam exported $2.8 billion of goods to the United Arab Emirates (UAE), up 40.8 per cent on-year.
new container terminals to be built in hai phong

New container terminals to be built in Hai Phong

A project building container terminals No 3 and 4 at the Hai Phong International Gateway Port in the Lach Huyen Port area was launched in the northern port city on May 12.
flourishing exports in textile and garment leather and footwear industries

Flourishing exports in textile and garment, leather and footwear industries

Exports of textiles and garments, leather and footwear in the first four months have soared due to the gradual recovery of some major export markets of Vietnam.
vietnams export turnover of steel soars in 2020

Vietnam's export turnover of steel soars in 2020

Despite the COVID-19 pandemic, Vietnam exported 9.86 million tonnes of steel worth $5.26 billion in 2020, up 47.9 per cent on-year. However, the average selling price dropped by 15.5 per cent to $533 per tonne.
hai duong locals up in arms over new jaks power plant

Hai Duong locals up in arms over new JAKS power plant

Amid accusations from local people of dust invasions, environmental pollution, and signs of natural resource exploitation, the Hai Duong coal-fired thermal plant from Malaysian group JAKS could face penalties if the result of an environmental monitoring investigation falls on the side of at-risk locals.
moit proposes to loosen barriers for foreign players in oil and petrol trade

MoIT proposes to loosen barriers for foreign players in oil and petrol trade

Once the proposal of the Ministry of Industry and Trade (MoIT) is approved, the petrol and oil trading scene may see more foreign players.
pharmaceutical imports to reach 35 billion this year

Pharmaceutical imports to reach $3.5 billion this year

This year, Vietnam is estimated to import $6.23 billion in pharmaceutical products and materials for production, $3.5 billion of which will be finished medicine, up $400 million on-year, according to statistics published by the Ministry of Industry and Trade.
vinamilk completes acquisition of moc chau milk

Vinamilk completes acquisition of Moc Chau Milk

After numerous rounds of negotiation, Vinamilk completed the purchase of 79.5 million shares in GTNFoods to increase its holdings to 75 per cent and indirectly own 51 per cent of the voting rights in Moc Chau Milk.
haiphong the future modern logistics centre

Haiphong, the future modern logistics centre

With support from the Embassy of Belgium in Vietnam, Deep C Industrial Zone on October 25 organised the Haiphong Sea Port and Logistics conference – one of the activities of the Vietnam-Belgium Cultural and Economic Exchange Festival held in Haiphong city on October 25-27.
404350 social insurance paid out for 2000 kai yang employees

$404,350 social insurance paid out for 2,000 Kai Yang employees

The Haiphong People's Committee has just decided to transfer VND9.3 billion ($404,350) in value-added tax (VAT) refund from the Haiphong Tax Department to pay three months of social insurance after more than 2,000 employees of Kai Yang Vietnam Co., Ltd.
hai duong approves seven projects worth 116m

Hai Duong approves seven projects worth $11.6m

Earlier this month, the Hai Duong People’s Committee granted in-principle approval for seven new projects valued at more than VND267 billion (US$11.6 million) in total.
texas walmart shooting parents who shielded baby among victims

Texas Walmart shooting: Parents who shielded baby among victims

A couple who shielded their two-month-old son from the hail of bullets were among the 22 people killed when a gunman opened fire at a Walmart in the border town of El Paso, Texas on Saturday (Aug 3).
investigation into petrovietnam losses in dinh vu polyester

Investigation into PetroVietnam losses in Dinh Vu polyester

The investigation agency of the Haiphong Police Department has just issued a document to request Vietnam Oil and Gas Group (PetroVietnam) to co-operate and provide information and documents related to PetroVietnam Petrochemical and Textile Fiber JSC (PVTex) and Dinh Vu polyester plant.
hict services first vessel on north vietnam north america rotation

HICT services first vessel on North Vietnam-North America rotation

The Haiphong International Container Terminal (HICT) on April 11 welcomed the maiden call of mother vessel Northern Jaguar deployed by Ocean Network Express (ONE) on PN2 service on the HICT-Yantian-Tacoma-Vancouver-Kaoshiung-Singapore-Laem Chabang-Cai Mep (TCIT) rotation.