Gov't should launch alternative to unviable $4.7 bln social housing credit package: expert

Gov't should launch alternative to unviable $4.7 bln social housing credit package: expert

The Vietnamese government ought to launch a comprehensive housing financial strategy as an alternative to the social housing-focused $120 trillion ($4.72 billion) credit package, which has been disbursed at a snail's pace, said Le Xuan Nghia, a member of the National Financial and Monetary Policy Advisory Council.

Real Estate - Sat, April 20, 2024 | 7:26 am

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Quang Tri's Department of Planning and Investment has agreed to let a South Korea-Vietnam joint venture study the feasibility of an LNG-fired thermal plant project in the central province.

Energy - Mon, April 15, 2024 | 4:34 pm

Vietnam gov’t irons out incentives for rooftop solar development

Vietnam gov’t irons out incentives for rooftop solar development

The Vietnamese government is drafting a decree to stimulate the development of rooftop solar power as the country struggles to fully tap its energy potential.

Energy - Thu, April 11, 2024 | 11:11 am

Hyosung T&C invests $118 mln in Vietnam nylon business

Hyosung T&C invests $118 mln in Vietnam nylon business

Hyosung T&C, the spandex arm of South Korean chaebol Hyosung, will invest $118.2 million to acquire 100% ownership of Vietnam-based Hyosung DongNai Nylon Co., Ltd., a fiber producer.

Companies - Thu, April 4, 2024 | 2:47 pm

Vietnam gov’t seek better understanding with FDI firms via annual forum

Vietnam gov’t seek better understanding with FDI firms via annual forum

The Vietnam Business Forum (VBF), under the theme “FDI enterprises pioneer in implementing green growth strategies,” took place on Tuesday, serving as an annual platform for dialogue between the Vietnamese government and the foreign business community.

Economy - Tue, March 19, 2024 | 9:05 am

Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Many giants eye $2.54 bln LNG project in central Vietnam’s Ha Tinh province

Vietnam’s Vingroup, T&T Group and Hoanh Son Group, and South Korea’s Samsung Electronics have come forward as potential investors in the Vung Ang III Ha Tinh LNG power project in the central province of Ha Tinh.

Energy - Sat, March 16, 2024 | 11:44 am

Japan, Korea, Thailand firms compete for $2.4 bln LNG power project

Japan, Korea, Thailand firms compete for $2.4 bln LNG power project

Companies from Japan, South Korea, Thailand, and Vietnam have filed bids to build the $2.4 billion Nghi Son LNG-fired power complex in the central province of Thanh Hoa.

Energy - Fri, March 1, 2024 | 2:15 pm

Don't rejoice too early at January’s big trade surplus: economist

Don't rejoice too early at January’s big trade surplus: economist

Vietnam should not consider its January trade surplus of $2.92 billion as a big achievement, but instead look at the sharp decrease in imports as a cause for concern, said Dr. Vo Tri Thanh, director of the Institute for Brand and Competitiveness Strategy.

Economy - Thu, February 22, 2024 | 9:52 am

Korean chaebol SK eyes 1.32 GW LNG-fired power plant plan

Korean chaebol SK eyes 1.32 GW LNG-fired power plant plan

A consortium between Vietnam’s T&T Group and SK E&S, the renewable energy arm under South Korean chaebol SK, plans to deploy a 1,320-MW LNG-fired power plant in the central province of Quang Tri.

Energy - Fri, January 26, 2024 | 12:19 pm

Smart diversification an impressive feature of Vietnam's textile sector: RMIT lecturer

Smart diversification an impressive feature of Vietnam's textile sector: RMIT lecturer

What's really impressive about Vietnam's textile sector is how it's spread its wings across 104 countries and territories. This isn't just about selling more, it's about smart diversification – selling different products to different places, writes Dr Bui Duy Tung, economics lecturer at RMIT Vietnam.

Consulting - Sat, January 20, 2024 | 8:08 am

Hanwha Energy, Kogas-invested $2.3 bln LNG power plant targets commercial operations in 2029

Hanwha Energy, Kogas-invested $2.3 bln LNG power plant targets commercial operations in 2029

A consortium investing in the $2.3-billion, 1,500-MW Hai Lang LNG power project in the central province of Quang Tri is committed to beginning commercial operations in the fourth quarter of 2029.

Energy - Fri, January 12, 2024 | 9:08 pm

Industry and trade ministry shows loose gasoline management: Gov’t Inspectorate

Industry and trade ministry shows loose gasoline management: Gov’t Inspectorate

The Ministry of Industry and Trade’s insufficient inspections and loose management have resulted in the appropriation of the petrol price stabilization fund and violations in gasoline business licensing, announced the Government Inspectorate on Thursday.

Economy - Fri, January 5, 2024 | 11:46 am

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank

Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.

A year in review and 2024 forecasts - Thu, January 4, 2024 | 8:31 am

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Vietnam gov’t urges six agencies to help Bamboo Airways stay afloat

Deputy Prime Minister Le Minh Khai has asked six government agencies to support Bamboo Airways to overcome its hardships and successfully restructure its operations.

Companies - Mon, December 25, 2023 | 7:31 pm