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.
Vietnam Electricity (EVN) is one step closer to issuing USD bonds and strengthening its financing capacity, following a Long-term Currency Issuer Default Rating (IDR) of "BB" with a "stable outlook" by Fitch Ratings.
Fitch Ratings has assigned Vietnam Electricity (EVN) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of `BB` with a stable outlook.
State-run energy giant Vietnam National Oil and Gas Group (PVN) reported its revenue in the first five months of this year at VND234.5 trillion (US$10.28 billion), 21% higher than the five-month target and meeting 40% of the year plan, the group announced on June 4.
For the first five months of 2018, Vietnam`s industrial production index has increased 9.7% in compared with the same period of last year, according to the General Statistics Office (GSO).
Vietnam mainly ships traditional products like garments-textiles, leather and footwear, timber products, machines and electronic equipment to the US.
Power shortages could be more severe than estimation, indicating a promising long-term outlook for PetroVietnam Power (PV Power), said a report by Viet Capital Securities (VCSC).
The Hanoi People’s Committee released Decision No.11/2018/QD-UBND dated on issuing Regulation on electricity management and development in the Capital city.
A unit of Russian state oil firm Rosneft, Rosneft Vietnam BV, has started drilling at a new production well in waters off the southern coast of Vietnam, the company said in a statement posted to its website on May 15.
The Deputy Prime Minister Pham Binh Minh has approved the investment of project "Smart Grids for Renewable Energy and Energy Efficiency" (SGRE-EE) financed by non-refundable official development assistance (ODA) from the German government, according to the government portal.
Prime Minister Nguyen Xuan Phuc expressed his hope that Vingroup conglomerate will contribute to the development of the domestic automobile sector with the establishment of its VinFast automobile and electric motorbike manufacturing complex.
More world leading footwear manufacturers are expecting to shift their sourcing from China to Vietnam as the first’s footwear industry might face risks of high tariff imposed by the US.
Vietnam’s output and export of pepper increased sharply last year, but their prices and thus turnover from exports fell, according to the industry association.
The equitisation of State-owned enterprises (SOEs) remains slow moving, low quality and clogged despite great efforts and notable results recently, according to experts.
In 2018, Power Generation Corporation (Genco3) set revenue target at VND37.6 trillion (US$1.65 billion), down 2% compared to 2017.
A shift in Adidas` sourcing of footwear from China to Vietnam is expected to be continued, said Kasper Rorsted, Chief Executive of Adidas at its annual meeting of shareholders.
The 10th International Environment and Energy Technology Exhibition (Entech Vietnam 2018) will be held from May 9 - 11, attracting 120 local and foreign enterprises in fields of energy and environment.
Vietnam`s textile & garment enterprises are stepping effort to infiltrate the Australian market, which has import turnover on textile & garment of over US$6.2 billion in 2017 alone.
The clash between two "trade giants" - the US and China, comes with both possible gains and losses for Vietnam, experts said.
Vietnam’s fishing output in the first four months of 2018 totalled nearly 1.08 million tonnes, an increase of 2.7 percent from a year ago thanks to favourable weather conditions and increased fish population.
Industrial production index in April has gained impressive growth thanks to the active contribution of many key economic sectors, including the processing industry.
