The Vietnam Workforce for an Innovation and Startup Ecosystem (WISE) project showcases the US government’s commitment to partnering with Vietnam along with its economic transformation, which centres on mastering and integrating new advanced technologies, spurring innovation, and accelerating the growth of the digital economy.
Three of four investors, who are interested in developing the $2 billion Quang Ninh liquefied natural gas (LNG) power project, were weeded out due to failure in meeting the project criteria.
Vingroup will establish VinBigData Company with a chartered capital of VND471 billion ($20.47 million), 99 per cent of which will be contributed the conglomerate.
The Thai government has yet to license EGAT International Co., Ltd. (EGATi) – the investor of Quang Tri 1 thermal power plant – to invest in projects overseas, making construction plans uncertain.
The consortium of Korea Gas Corporation (KOGAS), Hanwha Energy Corporation, Korea Southern Power, and T&T Group from Vietnam is currently awaiting the final nod from the Vietnamese government for its $4.8 billion bid for Hai Lang LNG power plant in Quang Tri province.
The disruption of the production chain in the past few months is pushing rice exporting and processing companies into an increasingly difficult situation.
Long An Department of Planning and Investment is calling for investors in a logistics centre in Ben Luc district. The deadline for submitting registrations is August 30.
The construction of the first stage of the liquefied natural gas (LNG) Ca Na Power Centre was expected to be kicked off in this third quarter, however, the province has only completed the bidding procedures to look for investors so far.
The brewer Habeco reported bleak business, with revenue dropping in the second quarter due to the fourth wave of the COVID-19 pandemic.
Ho Chi Minh City will spend more than VND45 trillion ($1.96 billion) developing a road system connecting to the Mekong Delta region to create regional linkages and promote socioeconomic growth and attract investors.
Vietnam continues to extend tax and fee exemptions to help enterprises overcome difficulties amid the ongoing pandemic, with a new VND24 trillion ($1.04 billion) bailout package in the making.
Bac Giang People’s Committee approved the construction zoning planning of four industrial zones (IZs) in order to welcome investors who are looking to invest in the province.
Along with the joint venture of Siemens Energy, Korea Electric Power Corporation, and Power Engineering Consulting JSC 2, numerous other investors have expressed interest in developing Vung Ang III Power Plant.
The construction of the Nghi Son-Dien Chau section of the North-South Expressway is planned to start this month.
Vietnam Asia Commercial Joint Stock Bank (VietABank) will list 445 million shares (OTC: VAB) on the Unlisted Public Company Market (UPCoM) with the reference price of VND13,500 (58 US cent).