Hanoi and South Korea's Incheon aim to increase their visibility among Vietnamese and international travelers through a series of events to promote MICE (Meetings, Incentives, Conferences and Exhibitions) tourism and medical tourism to Vietnam.
Chinese finance supports 30% of all coal-fired capacity under development in Vietnam.
The blueprint has been in place for years to establish Vietnam`s full-fledged domestic production by 2020.
Up to 70% of EVN`s loans are denominated in foreign currencies, leaving the company heavily exposed to foreign exchange risks.
It is estimated between now and 2030, Vietnam’s electricity sector requires new investments of about US$10 billion annually, higher than the average of US$8 billion for the 2011–2015 period.
Private capital is important in the context of upper limit of public debts and double-digit growth in energy demand.
The demand for complete logistics solutions from inland transportation, ocean shipping and air freight to warehousing, distribution and customs services is increasing significantly with forecast growth rate of 15%-20% until 2025.
Domestically assembled cars dominated Vietnam’s market in 2018, with sale number reaching 215,704 units in 2018, up 10.6% year-on-year, while imported completely-built-units (CBUs) were 72,979 units, down 6.2%, local media reported.
EVN needs to invest in power generation projects to ensure the growth of 9.9% in power consumption in 2019.
The export volume rose 55% on year, according to the Vietnam Cement Association (VNCA).
December rounded off a positive year for Vietnamese manufacturers, with the average PMI reading the highest for any calendar year since the survey began in 2011.
an industry insider forecasts the local textile and garment industry will maintain high growth potential until 2035 with an estimated export turnover of about US$200 billion.
Products of Vietnam’s supporting industry are mostly simple components and spare parts using low- to mid–end technologies, which account for small proportion in value of final products.
The figure has exceeded the target of VND129.2 trillion (US$5.68 billion) for 2018, the government portal reported.
The firm wants to sell its smart phone and other smart products to all continents and has identified Russia and Spain, where it owns 51% of Spanish technology firm BQ, as potential markets in Europe.
In the first ten months of 2018, Vietnam’s cement exports reached an all-time high of USD1.1 billion.
The new airline would become the latest entrant following Bamboo Airways this year in Vietnam, a market dominated by state-owned Vietnam Airlines and private budget carrier VietJet Air.
The key to this strategy is an upcoming manufacturing plant costing VND1.5 trillion (US$64.6 million), which will reportedly have the scale to produce 300,000 smartphones annually.
By 2024, the factory would have around 900 employees with investment capital of US$370 million, which could be a symbol for technology transfer between South Korean and Vietnamese enterprises.
Deputy Minister of Industry and Trade Do Thang Hai said at the government regular meeting on December 3 that his ministry has drafted four scenarios in building power price schemes in 2019.
These are the first products and part of Vingroup’s new development strategy with a focus on industry and technology.
