The forestry sector will strive to earn 12.5 billion USD from exports in 2020, up 10 percent year-on-year, said Deputy Director General of the Vietnam Administration of Forestry (VNFOREST) Pham Van Dien. Illustrative image (Photo: VNA) The forestry sector will strive to earn 12.5 billion USD from exports in 2020, up 10 percent year-on-year, said Deputy Director General of the Vietnam...

A ground-breaking ceremony was held in the central province of Quang Tri on December 31 for three wind power plants with a combined capacity of 144 MW. A wind power project in the mountainous district of Huong Hoa, Quang Tri. (Photo: VNA) Quang Tri (VNA) – A ground-breaking ceremony was held in the central province of Quang Tri on December 31 for three wind power plants with...

Construction of a wind power plant has started in the Mekong Delta province of Soc Trang. Construction of the Lac Hoa wind power plant begins in Soc Trang province (Photo: VNA). Soc Trang (VNA) - Construction of a wind power plant has started in the Mekong Delta province of Soc Trang. The Vinh Chau Renewable Energy Joint Stock Company is the main investor of the project, worth more than 1.3...

The Mekong Delta province of Vinh Long has been developing from strength to strength. Lu Quang Ngoi, member of Vinh Long Party Committee Standing Board and Deputy Chairman of Vinh Long People’s Committee, talked with VIR’s Huu Phuc about the province’s socio-economic achievements in 2019 and orientations for the next 12 months.   What major achievements has the province reaped...

The Mekong Delta province of Vinh Long has been developing from strength to strength. Lu Quang Ngoi, member of Vinh Long Party Committee Standing Board and Deputy Chairman of Vinh Long People’s Committee, talked with VIR’s Huu Phuc about the province’s socio-economic achievements in 2019 and orientations for the next 12 months. Vinh Long continues to impress and promises more What...

The MoIT is the first ministry connecting with the National Public Service Portal. The year 2019 had a special significance as Vietnam accelerated fulfilling the goals of their five-year plan (2016-2020) and the 10-year Socio-Economic Development Strategy for 2011-2020. 1. Vietnam’s total import-export turnover exceeded US$500 billion While there has been lower growth from the global economy and trade due to the...

PM Nguyen Xuan Phuc speaking at a conference in Hanoi on December 27, 2019 to review the industry and trade sector’s operation in 2019 while mapping out plans for 2020. (Photo: VGP) Prime Minister Nguyen Xuan Phuc has set three important goals in 2020 for the industry and trade sector, notably bringing the total export turnover to US$300 billion for...

Vietnam reports an all-time high trade surplus of US$9.94 billion in 2019. (Illustrative image) Vietnam reported an all-time high trade surplus of US$9.94 billion in 2019, making positive contributions to the balance of payments and stabilising other macroeconomic indices, according to the Ministry of Industry and Trade. The country posted total import and export revenue of US$516.96 billion in 2019, up...

According to News Agency of Vietnam (VNA) in Tokyo, the Japanese Saibu Gas Company (Saibu Gas) has announced its decision to invest in a subsidiary of Vietnam Gas Corporation (PV GAS). Saibu Gas informed that at the first the company decides to invest in oversea gas markets and has reached an agreement to own 21% of the shares in the...

Kosmo, the latest highrise residential and commercial development in Bac Tu Liem District, a new, upmarket suburb west of Hanoi, is approaching completion. One Friday afternoon, Thanh Thuy, a 38-year-old resident, steps out of a street-level cafe to receive a parcel from green-uniformed Giaohangnhanh deliveryman. Thuy has no wallet. "I only bring my smartphone when I'm out these days," she...