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Industry

Vietnam needs more and more liquid gas

Vietnam needs more and more liquid gas

Vietnam`s Liquid Natural Gas (LNG) output is sharply decreasing and increasing prices of new gas resources are forcing Vietnam to look to rise LNG imports by 2025.

Deputy PM requires specific activities to support startups

Deputy PM requires specific activities to support startups

Ministries and sectors should conduct specific activities to realise Government’s policies of encouraging startups, Deputy Prime Minister Vu Duc Dam stressed at the Vietnam technology startup festival (TechFest Vietnam 2016) in Hanoi on November 12.

Swiss President hopes EFTA-Vietnam FTA to be soon signed

Swiss President hopes EFTA-Vietnam FTA to be soon signed

Swiss President Johann Schneider-Ammann has expressed his hope that the European Free Trade Association (EFTA) and Vietnam will conclude negotiations on a bilateral free trade agreement within the next few months despite certain difficulties at present.

Vietnam to cooperate with Russia in field of petroleum

Vietnam to cooperate with Russia in field of petroleum

At the yesterday`s reception for General Director of Russia’s Zarubezhneft oil and gas company Sergei I Kudryasov in Hanoi, Deputy Prime Minister Trinh Dinh Dung said that cooperation in oil and gas production has formed one of the main, effective sectors of bilateral relations and brought huge revenues to both countries’ budget.

Macro economy stable during 9 months of this year

Macro economy stable during 9 months of this year

The Government report on the implementation of the 2016 socio- economic development plan delivered at the 2nd session of the 14th National Assembly’s Economic Committee in Hanoi on October 7, the macro economy was stable and the inflation rate was still under control.

Vietnam's coffee export to the UK soars in recent months

Vietnam's coffee export to the UK soars in recent months

At a roundtable discussion about coffee business held in London, Vietnam Coffee and Cocoa Association (VICOFA) Chairman Luong Van Tu said that Vietnamese and British coffee enterprises are keen on promoting doing business together.

Vietnamese beauty industry is lucrative market

Vietnamese beauty industry is lucrative market

With tax reductions for beauty industry products included in free trade agreements (FTAs), Vietnam is seen as a promising market for cosmetics firms and foreign suppliers of beauty-care machines and equipment.

PetroVietnam develops gas extraction

PetroVietnam develops gas extraction

The PetroVietnam Exploration Production Corporation (PVEP) is actively developing a number of gas projects with the aim of extracting the first flows of gas at Su Tu Trang (white lion) field in the fourth quarter of 2016 and at Dai Hung field on August 31.

Forum introduced German garment technologies to Hanoi's enterprises

Forum introduced German garment technologies to Hanoi's enterprises

On July 5, a forum held by the Vietnam Textile and Apparel Association (Vinatas) in collaboration with the Textile Machinery Association under the Germany Engineering Federation (VDMA) to introduce Germany’s latest garment technologies to local enterprises in Hanoi.

More and more investment in domestic wood

More and more investment in domestic wood

The Vietnamese leading company in wood-working and decorative materials An Cuong Wood Working JSC will receive financial supports worth 30 million USD to branch out its business.

Vietnamese Tra fish to be more qualified for US market

Vietnamese Tra fish to be more qualified for US market

According to the National Agro-Forestry-Fisheries Quality Assurance Department, there are 12 more Vietnamese Tra fish exporters are now eligible to ship their products to the US, pushing the total number of eligible firms to 57 ones.

Industrial production up 7.5%

Industrial production up 7.5%

Generally for first five months of the year, the industrial production index increased by 7.5% compared to the same period of 2015.