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After enduring years of setbacks at seaport joint ventures with foreign partners, state-owned shipping giant Vietnam Maritime Corporation is considering offloading state stakes in an attempt to exit the impasse. However, the possibility of foreign investors taking up any offers remain cloudy heading into the new year. Bich Thuy reports. VIMC holds stakes in 14 port businesses, which were the...
After enduring years of setbacks at seaport joint ventures with foreign partners, state-owned shipping giant Vietnam Maritime Corporation is considering offloading state stakes in an attempt to exit the impasse. However, the possibility of foreign investors taking up any offers remain cloudy heading into the new year. Bich Thuy reports.   Having trouble attracting cargo for years, the fate of...
Thirty Vietnamese enterprises have sold goods on Amazon, reported the Vietnam Trade Promotion Agency (Vietrade). Thirty Vietnamese enterprises have sold goods on Amazon. (Source: AFP) Thirty Vietnamese enterprises have sold goods on Amazon, reported the Vietnam Trade Promotion Agency (Vietrade). To help Vietnamese businesses, especially small and medium-sized enterprises, boost exports via e-commerce, the agency works with Amazon Global Selling to implement the export promotion programme. The...
Vietnam has been tapped by Japanese firms as the most promising place in Asia to invest in 2020, with India and Southeast Asian countries dominating other top spots, Kyodo News cited a survey as showing on January 8. A corner of Hanoi (Photo: VNA) Vietnam has been tapped by Japanese firms as the most promising place in Asia to invest in...
The Ministry of Industry and Trade (MOIT) has just issued a document for agreement with the proposal of Electricity of Vietnam (EVN) on continuing to receive and deal with requirements about the electricity sale from the rooftop solar power projects (SPPs). Previously, on December 25, 2019, EVN sent a document to propose MOIT to allow it to direct the Power...
The footwear and handbag industry aims to reach export revenue of 24 billion USD in 2020, after hitting 22 billion USD last year, the industry association said. Shoes produced at Sao Viet Company in Binh Duong province's Di An Industrial Zone (Photo: VNA) The footwear and handbag industry aims to reach export revenue of 24 billion USD in 2020, after hitting 22 billion...
The Ministry of Industry and Trade has granted 47 certificates of eligibility to rice export businesses over the past year, lifting the number of rice exporters to 182 traders. The Ministry of Industry and Trade has granted 47 certificates of eligibility to rice export businesses over the past year. (Illustrative image. Source: VNA) The Ministry of Industry and Trade has granted 47 certificates of eligibility...
Deputy Minister of Industry and Trade Hoang Quoc Vuong on January 7 asked the southern coastal province of Ba Ria-Vung Tau to weigh environmental and economic impacts of liquefied natural gas (LNG) electricity projects that are seeking approval. Phu My electricity centre in Ba Ria-Vung Tau (Photo: baodautu.vn) Deputy Minister of Industry and Trade Hoang Quoc Vuong on January 7 asked the...
The northern province of Phu Tho plans to build three more industrial park (IPs) with a total area of 750ha this year, according to the Phu Tho IPs Authority. Once established, the 100ha Phu Ninh, 350ha Tam Nong and 400ha Ha Hoa parks would open up opportunities for the province to lure new domestic and foreign investors, contributing to the...
The northern province of Phu Tho plans to build three more industrial park (IPs) with a total area of 750ha this year, according to the Phu Tho IPs Authority. A part of Trung Ha IP in Phu Tho Province. The IP has reported full land occupancy with 14 foreign-invested projects capitalised at US$162.6 million. - Photo chothuexuong.com.vn Once established, the 100ha...
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