Loans boost tra fish farming

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VietNam News English 3 day(s) ago

Businesses and farmers in the Cuu Long (Mekong) Delta have so far this year received short-term loans worth VND59 trillion (US$2.8 billion) to invest in agricultural export products.

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SBV to lower deposit & short-term lending interest rates

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Báo Đầu Tư English 3 day(s) ago 1 related news

SBV to lower deposit & short-term lending interest rates

Since October 29, the State Bank of Viet Nam (SBV) will lower the interest rate ceiling in VND from 6% to 5.5% per year for short-term deposits (1-6 months long), said SBV Deputy Governor Nguyen Thi Hong.

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First oil flows from Su Tu Nau oil field

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VietnamPlus English 1 week(s) ago

First oil flows from Su Tu Nau oil field

A ceremony was held in Ho Chi Minh City on October 24 to receive the first oil flow from the Su Tu Nau (Brown Lion) oil field in Block 15.1 in the Cuu Long Basin offshore the southern region.

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Construction begins on first private thermal power plant

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VietnamPlus English 1 week(s) ago

Construction begins on first private thermal power plant

A ceremony to launch the construction of Thang Long thermal power plant, the first privately-invested of its kind, was held in Hoanh Bo district in the northern province Quang Ninh on October 23 in the presence of Deputy Prime Minister Hoang Trung Hai.

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Vietnam to mine 8 million tonnes of apatite next year

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VietnamPlus English 1 week(s) ago

Vietnam aims to extract nearly 8 million tonnes of apatite ore by 2015 and 11 million tonnes by 2020, ensuring a steady supply for the chemical industry, especially fertiliser production.

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Retail market needs right direction

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VietnamPlus English 1 week(s) ago

The competition between modern and traditional business models has become more fierce and Vietnam’s retail market needs a long-term strategy in order to ensure sustainable development in the integration process, the Vietnam Economic News reported.

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Sugar production firms struggle with high inventory

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VietnamPlus English 1 week(s) ago

The total inventory of sugar stored in factories throughout Vietnam amounted to 280,000 tonnes on September 15 this year, 58,690 tonnes more than last year, according to statistics released by the Ministry of Agriculture and Rural Development (MARD).

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Japanese ODA flows into transport projects

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VietnamPlus English 1 week(s) ago

The transport sector has received the largest share of Japan ’s official development assistance (ODA) loans to Vietnam over the past more than 20 years.

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Retail industry needs support

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VietnamPlus English 2 week(s) ago

Besides efforts made by enterprises to improve their competitiveness, the Government must develop new policies to assist local retailers in an increasingly competitive business environment, heard a seminar in Ho Chi Minh City on October 15.

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Smuggled sugar hurts domestic firms

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VietNam News English 2 week(s) ago

Several sugar companies are saddled with increasing inventory because of imported and smuggled sugar, according to figures from the Ministry of Agriculture and Rural Development.

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Untapped potential on Canadian market

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VietnamPlus English 2 week(s) ago

Untapped potential on Canadian market

Vietnam needs to devise a long-term trade promotion strategy to make inroads into the Canadian market, the potential of which has not yet been fully captured, Standing Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Van Dung said in a workshop in Hanoi on October 14.

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Thai firms spot opportunities in Vietnam

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VietnamPlus English 2 week(s) ago

The recent increase in investment flows from Thai enterprises has shown that Vietnam is vital for Thailand's economy, especially after the ASEAN Economic Community comes into effect in 2015.

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Nestle invests $450 million in Dong Nai Province

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SaiGon GP English 2 week(s) ago

The Swiss Nestle Group has invested another US$37 million in the southern province of Dong Nai, taking the total to US$450 million.

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Foreign businesses race to invest in oil refinery plants in Vietnam

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VietnamPlus English 3 week(s) ago

Although Vietnam initially decided to build only three oil refineries, two are about to be built and others are under construction, while several more are awaiting licenses, according to an article published on the English language news portal VietNamNet Bridge on September 9.

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HCM City rejects airport expansion

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VietnamPlus English 3 week(s) ago

HCM City rejects airport expansion

Ho Chi Minh City has rejected plans to expand its airport on practicality grounds and instead wants work on a new airport in neighbouring Dong Nai province speeded up.

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