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According to the State Bank of Vietnam, the banking sector’s business performance in the first nine months of 2019 has been continuously improved with good results in terms of profits and credit growth. Besides such positive indicators, many banks also made a strong impression with significant events. There were many highlights in the performance picture […]
An expert has raised concerns over the exploitation of rare-earth minerals in the northern mountainous province of Lao Cai as the Vietnamese firm is using unfamiliar technology with a high risk of environmental pollution. Professor of Science Le Huy Ba, former head of the Institute for Science, Technology and Environmental Management, told Dat Viet news […]
Maybe due to acquiring Vinmart and VinEco from local conglomerate Vingroup, the value of Masan MeatLife of Masan Group could exceed $1 billion. Masan MeatLife (code: MML) has just announced plans of listing on the UpCoM on December 9. Accordingly, the company will offer about 324.33 million stocks with the unit price of VND80,000 ($3.48). […]
The Japan External Trade Organisation (JETRO) opened the Japan-Vietnam Agricultural Business Meeting 2019 in Hanoion Wednesday. The meeting drew 23 Japanese enterprises trading agricultural materials and equipment to seek opportunities in agriculture in Vietnam. According to JETRO, 150 Vietnamese enterprises also registered for the event. Tomofumi Abe, JETRO’s project director, told Vietnam News that the […]
A lack of electricity transmission grids is preventing renewable energy projects from generating at maximum capacity. According to statistics from the Ministry of Industry and Trade (MoIT), there are 120 renewable energy power projects in operation and more than 200 pending-for-approval projects. As of June 30, about 4,900 MW of renewable energy was generated but […]
Although VND1.39 trillion in State capital has been disbursed for the Trung Luong-My Thuan expressway, bank loans for the project remain unavailable, heard attendees at a press briefing in Tien Giang Province on December 4. Tran Van Bon, director of the provincial Transport Department, stated that the Trung Luong-My Thuan expressway requires a total investment […]
The Vietnam Competition Authority, under the Ministry of Industry and Trade, has advised local consumers to be cautious in taking out online loans amid rampant online loan scams. The authority has received multiple complaints about these scams. Online loans are easily available in Vietnam, while the legal framework for this kind of lending remains unclear, […]
Developing supporting industries to increase the use of locally produced parts is an urgent requirement if Vietnam’s automobile industry is to be developed, and this will also help grow other industries. In the context of the country’s increasingly deeper integration and facing fierce competition from car imports from Asean member countries and elsewhere in the […]
The Canadian government and businesses should place the Vietnamese market in a prioritised position in its partnership development, stated Douglas Kennedy, the Royal Bank of Canada’s Managing director at the centre for Global Enterprises. Kennedy was addressing a forum on December 4 to connect trade representatives from member countries of the Comprehensive and Progressive Agreement […]
Prime minister Nguyen Xuan Phuc has asked 10 cities and provinces to speed up the execution of key transport infrastructure projects, with a focus on removing obstacles to site clearance, according to his newly issued directive. The Ministry of Transport has cooperated with other ministries, agencies and local governments to execute a number of major […]
Two Thai investors have requested a 3-year extension for launching a petrochemical complex in southern Vietnam owing to land acquisition delays. They have proposed that commercial operations of the Long Son Petrochemical Complex in Ba Ria-Vung Tau Province be deferred to December 2022. The investors have also proposed that investment capital for the project be […]

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