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 is facing many challenges to ensure the energy security toward sustainable development. Vietnam is transforming from exporting energy to import energy with an increasing rate. As such, it is very difficult in balancing the energy supply – demand in general, and power supply – demand in particular.
The Prime Minister Nguyen Xuan Phuc has issued the National Implementation Plan (NIP) for the Stockholm Convention on Persistent Organic Pollutants (POPs) until 2025, and with vision to 2030.
The Vietnam Wholesale Electricity Market (VWEM) after 1 year of pilot implementation has achieved positive results, however, there remains difficulties and challenges, which need to be solved quickly.
Vietnam’s automobile industry has a large opportunity to grow as the demand for cars is forecast to boom in 2020 when the country’s average income per capita reaches some US$3,000.
Processing and manufacturing has made huge strides, helping the entire industrial sector take a leap this year, according to the Ministry of Industry and Trade (MoIT).
Most firms in the processing and manufacturing industry expected their business and production in Q4 to be better than the third quarter, a survey from the General Statistics Office showed.
According to the forecast, in 2020, the average income of Vietnamese will be around 3,000 USD, along with this is the booming demand for car. However, after many years of development, the Vietnam Automobile Industry has not had its expected breakthroughs, when the assembling cost in Vietnam is still higher than imported car.
It is expected that in 3 years, Vietnam will have 50 enterprises being the tier 1 vendor in Samsung’s supply chain.
The Vietnam Manufacturing Purchasing Managers’ Index (PMI) increased from 51.8 in August to 53.3 in September, thanks to faster rises in output, new orders and employment on the back of stronger customer demand.
Vietnam gained five spots in the Global Competitiveness Report 2017-2018 by the World Economic Forum (WEF).
According to the Vietnam Clean Energy Association (VCEA), Vietnam is one of the nations with the most sunlight in the world’s solar radiation charts.
Viet Nam’s economy continues to perform well despite several setbacks, the Asian Development Bank (ADB) said in a new flagship report launched today.
In spite of specific mechanism policies, Vietnam’s supporting industries development is not as expected, due to low added value in production and limited competitiveness.
Chief Representative of JICA Vietnam Office, Mr. Fujita Yasuo has put in during a conference recently.
A signing ceremony was held on September 1 in Hanoi for the Letter of Agreement of the Wellhead Gas Price and Transportation Tariff for the Block B Gas – O Mon project.
The US has rescinded the administrative review, in part, of the anti-dumping duty order on frozen warm-water shrimp from Vietnam.
In the first six months of the year, the railway corporation achieved revenue of 3.5 trillion VND (155 million USD), an increase of 3.8 percent compared to last year’s same period.
News that Vietnam is liberalising its gaming industry to let locals into casinos has given the country’s growing hospitality industry an added boost.
Foreign investment is needed to address the capital shortage in the production of textile and garment materials in Vietnam.
According to Bloomberg, as the "Asia’s newest tiger", Vietnam`s economy is about to find out the cost of being a member of the club.
