Hiep Phuoc Power posts US$5 mil. loss

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SaigonTimes English 1 day(s) ago

HCMC - Hiep Phuoc Power Company Limited (HPPC), which is currently negotiating to continue to sell power to Vietnam Electricity Group (EVN), has announced it suffered a total loss of up to US$5 million after two years of halting its operation.

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Nippon Paint sets up new plant in Vinh Phuc

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VietnamPlus English 2 day(s) ago 1 related news

Nippon Paint Vietnam on June 17 began construction of its new plant with a total investment of 14 million USD in northern Vinh Phuc province.

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US$3.9-million program to help SMEs boost exports

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SaigonTimes English 2 day(s) ago

HANOI – A total of US$3.9 million will be spent on a program aimed at improving the export competitiveness of Vietnamese small and medium enterprises (SMEs) through the system of local trade promotion centers.

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Agricultural sector faces lagging FDI

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Báo QĐND English 5 day(s) ago 1 related news

Agricultural sector faces lagging FDI

Foreign direct investment in the agriculture, forestry and seafood sectors has fallen in recent years, according to the Ministry of Agriculture and Rural Development.

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Agricultural sector faces lagging FDI

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VietnamPlus English 5 day(s) ago 1 related news

Foreign direct investment in the agriculture, forestry and seafood sectors has fallen in recent years, according to the Ministry of Agriculture and Rural Development.

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Cham Island hosts 31,000 visitors

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VietNam News English 6 day(s) ago

Cu Lao Cham Island has attracted 31,000 visitors, including 12,000 foreigners, since the start of the year.

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Vietnamese catfish exports to US continue to rise

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Báo Tuổi Trẻ English 7 day(s) ago

Vietnamese catfish exports to US continue to rise

Even though the total Vietnamese catfish export turnovers in the first five months of this year suffered a slight decline, shipments to the US market posted a nearly 4 percent increase, the Vietnamese Association of Seafood Exporters and Producers said on Wednesday.

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SBV restructures huge bad debts

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VietNam News English 7 day(s) ago 3 related news

SBV restructures huge bad debts

Non-performing loans (NPLs) of commercial banks were estimated at VND137.1 trillion (US$6.53 billion) by the end of April, accounting for 4.67 per cent of total loans, according to data from the State Bank of Viet Nam (SBV).

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Hitachi, HCMC strike US$370 million metro equipment deal

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SaigonTimes English 1 week(s) ago

HCMC – The HCMC Management Authority for Urban Railways on Tuesday clinched an agreement with Japanese company Hitachi to purchase electrical and mechanical equipment for the third bidding package of Metro Line No.1 with a total value of 37 billion yen, or some US$370 million.

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Japanese businesses invest 100 mln USD in Hai Phong

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VietnamPlus English 1 week(s) ago 1 duplicate news

The northern port city of Hai Phong has licensed two new Japanese-funded projects with a total registered investment of nearly 100 million USD.

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Highway expansion begins in Khanh Hoa

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SaigonTimes English 1 week(s) ago

HCMC – The Ministry of Transport last Saturday commenced work on the project expanding National Highway 1A in Cam Ranh City and Cam Lam District of Khanh Hoa Province with a total investment of VND2.7 trillion.

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South Korea invests US$14 million in Ha Nam Province

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SaiGon GP English 1 week(s) ago

Ha Nam Province has recently granted investment certificates to two South Korean companies in Hoa Mac Industrial Park for total investment capital of US$14 million.

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Can Tho earns $162m from seafood

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VietNam News English 1 week(s) ago 1 related news

The southern city of Can Tho shipped abroad 57,000 tonnes of seafood in the first five months of this year, earning US$164.2 million or 33 per cent of the city's total export turnover, local authorities have said.

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Exports to S Korea leap this year

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VietNam News English 1 week(s) ago 1 related news

Viet Nam has emerged as South Korea's fourth biggest exporter, with a total turnover of US$2.2 billion for the first four months of this year, up 36 per cent year-on-year.

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Credit card’s NPLs in VN doubles: cbank

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Báo Tuổi Trẻ English 1 week(s) ago

Credit card’s NPLs in VN doubles: cbank

Total non-performing loans (NPLs) in local credit card debt have amounted to some VND2 trillion ($96 million), nearly doubling that in 2012, said a high-ranking official of the State Bank of Vietnam.

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