Southern city plans to mobilize capital from different social resources.   Ho Chi Minh City (HCMC) plans to mobilize over VND209 trillion ($8.2 billion) for infrastructure development by 2030 from different social resources, under a project approved recently by the municipal People’s Committee The transport sector will mobilize investment in the form of public-private partnerships […]

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Vietnam’s internet economy is expected to reach $36 billion this year, marking a 16% increase compared to 2023.   According to the 9th edition of the e-Conomy Southeast Asia report released by Google, Temasek, and Bain & Company on Nov. 5, retail e-commerce continues to be a key pillar of Vietnam’s digital economy, contributing $22 […]

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Vietnam’s benchmark VN-Index fell 0.01% to 1,241.97 points Wednesday while Asian shares fell.   An investor looks at stock prices on a smartphone at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran  The index closed 0.16 points lower after gaining 7.43 points in the previous session. Trading on the Ho Chi Minh […]

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Coffee exports are projected to reach a record US$5.6 billion this year, driven by rising global coffee prices.   A man checks roasted coffee beans at a factory in Hanoi, Vietnam Nov. 22, 2016. Photo by Reuters/Kham  Nguyen Nam Hai, Chairman of the Vietnam Coffee and Cocoa Association, noted that the recent surge in world […]

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Market value reached $20.5 billion in 2023 and is projected to hit $45 billion next year, recent forum hears.   Vietnam experienced remarkable growth in its e-commerce sector in 2023, according to Ms. Le Hoang Oanh, Director of the Vietnam E-commerce and Digital Economy Agency at the Ministry of Industry and Trade. Speaking at the […]

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HANOI — Vietnam has awarded a licence to South Korea’s LG Display that will see it raise its investment in the northern port city of Hai Phong by $1 billion, the city’s authorities said late on Thursday.   An LG Electronics’ logo is pictured on a TV displayed at a shop in Seoul, South Korea, April […]

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Vietnamese Prime Minister Pham Minh Chinh and Dominican Republic President Luis Rodolfo Abinader Corona pledged to foster multifaceted ties and witnessed the signing of two cooperation agreements during their talks in Santo Domingo on Wednesday.     Vietnamese Prime Minister Pham Minh Chinh (L, 2nd) and Dominican Republic President Luis Rodolfo Abinader Corona (R, 2nd) […]

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The $3.4 million project aims to promote a circular economy and mitigate climate change impacts in Vietnam’s industrial zones from 2024 to 2028.   The signing ceremony of the “Scaling up Eco-Industrial Park approaches to promote Circular Economy in Viet Nam” project. The Ministry of Planning and Investment (MPI), the Swiss Embassy in Vietnam, and […]

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Minister Nguyen Hong Dien emphasized the importance of preventing any imbalance between electricity supply and demand under any circumstances.   Illustrative Photo In 2025, Vietnam’s economy is forecast to continue its robust growth, driven by substantial FDI inflows and numerous national key projects. Consequently, the country aims to ensure electricity supply growth of at least […]

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Total export revenue from this market reached over $200 billion in the past four years.   Vietnam’s exports to the European market have kept increasing over the past years with an annual growth rate of 12-15%, according to the Ministry of Industry and Trade (MoIT). Total export revenue of Vietnamese products to this market reached […]

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