VAFIE to maintain core strength focus – offer policy advice, facilitate economic ties
The Vietnam's Association of Foreign Invested Enterprises (VAFIE) will continue participating in policy and law building activities and facilitating multilateral economic relations, its executive committee said at a review meeting Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Apple supplier BOE begins building $275 mln project in southern Vietnam
BOE Technology Group, a Chinese electronic components producer, kicked off the construction of a $275 million project in Vietnam’s southern coastal province of Ba Ria-Vung Tau on Thursday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam GDP growth forecast at 6% in 2024, third highest in ASEAN: research unit AMRO
Vietnam’s GDP growth could reach 6% in 2024 and 6.5% in 2025, higher than the 5.1% posted in 2023, according the ASEAN+3 Macroeconomic Research Office (AMRO).
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Top legislator welcomes PowerChina’s expansion in Vietnam
Chairman of Vietnam’s National Assembly Vuong Dinh Hue has said the country welcomes PowerChina’s plans to expand its investment in the power-hunger economy.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
China group interested in rare earth cooperation in Vietnam
State-owned China Rare Earth Group Co. (CREG), one of the world's largest rare-earths companies, has again expressed a desire to partner with Vietnamese companies to develop the industry in the Southeast Asian country.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam tops Thailand as biggest durian exporter to China
Vietnam has topped Thailand for the first time in durian exports to China, becoming China's biggest supplier of the fruit.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam ranks second among 'promising' countries for Japanese manufacturers: JBIC
Vietnam has been ranked second among the most "promising" countries for overseas business over the medium-term (next three years), according to a survey conducted by the Japan Bank for International Cooperation (JBIC) among Japanese manufacturers.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietjet opens direct route linking HCMC with China’s ancient capital Xi'an
Vietnam’s budget carrier Vietjet has announced the opening of a direct route between Ho Chi Minh City and Xi'an (China) starting from April 29, 2024, with four return flights per week as tourism is gaining momentum between the two countries.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Bac Ninh receives $745.2 mln in Q1 foreign investment, coming second in Vietnam
Vietnam’s northern industrial province of Bac Ninh attracted total foreign investment of $745.2 million in the first quarter (Q1) of this year, coming second nationwide in terms of foreign capital inflows with a 12.1% share, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam looks to tap Chinese expertise in free trade zone development
A Vietnamese government delegation led by Minister of Planning and Investment Nguyen Chi Dung has visited China to learn from its experiences in developing financial centers and free trade zones.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Indonesia opens first direct shipping route to China
The authorities of Indonesia's Batam Island officially started on Sunday the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost bilateral trade.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
China to boost solar power investment in Vietnam: Commerce Minister
Chinese businesses are striving to make more investments in Vietnam’s solar power sector, Chinese Minister of Commerce Wang Wentao told Vietnamese Minister of Planning and Investment Nguyen Chi Dung.
Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7
China’s largest travel firm plans three duty-free shops in Vietnam
China Duty Free (CDF), under China’s largest state-owned tourism enterprise China Tourism (CTG), has sealed a memorandum of understanding with Vietnam’s multi-sector corporation Imex Pan Pacific Group (IPPG) to open three duty-free shops in the Southeast Asian nation.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s Q1 foreign tourist arrivals beat pre-pandemic level
Vietnam welcomed over 4.6 million international tourists in the first quarter of this year, up 72% year-on-year and exceeding the same period of pre-pandemic 2019 by 3.2%, the General Statistics Office (GSO) reported.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnams steel major Hoa Phat 'confident' about China competition
Senior officials of major Vietnamese steel maker Hoa Phat are confident that the company can deal with Chinese competition, given the attention they’ve paid to their costing.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam FDI remains robust as Chinese firms step up
Foreign direct investment (FDI) flow to Vietnam has continued to grow since the start of this year with Chinese businesses taking the lead in terms of new projects.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
China’s Hainan Drinda to invest $450 mln in solar cell manufacturing in central Vietnam
Hainan Drinda New Energy Technology, a Chinese photovoltaic (PV) developer and manufacturer, will invest $450 million in solar cell base production in Vietnam’s central province of Nghe An.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese electronics materials maker to build $50 mln factory in northern Vietnam
Guangdong SQ New Material Co., a Chinese manufacturer of materials used in the electronics industry, is exploring opportunities to build a $50 million plant in Bac Ninh province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
China favors investment in northern Vietnam province
Investors from China, which covers mainland China, Hong Kong, Taiwan and Macau, are increasingly turning to Vietnam’s northern province of Bac Ninh as an investment destination as the supply chain shift gathers pace.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
China projector maker XGIMI to invest $30 mln in northern Vietnam
XGIMI, a China-based projector manufacturer, will invest $30 million in the first phase of a project in Vietnam’s northern province of Nam Dinh.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Samsung-Apple supplier Goertek to run $280 mln project in northern Vietnam next quarter
Goertek Electronics Vietnam Co., Ltd., a major supplier to Samsung and Apple, plans to start operating a $280 million investment project in the northern province of Bac Ninh next quarter.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should ride new renewable technology funding trend: RMIT experts
Financing for “dirty” coal-driven energy projects is drying up and traditional funders like China, South Korea and Japan are shifting their focus to funding renewable technologies, write Richard Ramsawak and professor Robert Baulch from The Business School at RMIT Vietnam.
Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese textile supplier Weixing launches $62 mln plant in central Vietnam
SAB Industrial (Vietnam) Company Limited, under Chinese textile material supplier Weixing, launched a $62 million factory in Vietnam’s central province of Thanh Hoa on Wednesday.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese chipmaker Victory Giant Technology to invest $800 mln in northern Vietnam
Victory Giant Technology Group, a major China-based printed circuit board (PCB) manufacturer, will acquire 10 hectares in Bac Ninh province to implement an $800 million investment in northern Vietnam.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese sportswear firm Zhejiang Jasan to invest additional $76 mln in northern Vietnam
Zhejiang Jasan Group Co., Ltd., listed on the Shanghai Stock Exchange (SSE) as 603558, will invest CNY550 million ($76.4 million) in the northern province of Nam Dinh.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese photovoltaics manufacturer GoodWe opens first overseas factory in Vietnam
GoodWe Vietnam Technology Co. Ltd., under Chinese photovoltaic inverter manufacturer and smart energy solution provider GoodWe, has opened a factory in the northern coastal city of Hai Phong.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
China’s Guizhou Tyre to invest $230 mln in southern Vietnam
China’s Guizhou Tyre, listed on the Shenzhen Stock Exchange of China (SZSE) as 000589, plans to invest $227.8 million in a project in the Mekong Delta province of Tien Giang.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese SOE Huadian plans $2.4 bln green hydrogen plant in central Vietnam
Huadian Group, a Chinese state-owned enterprise (SOE), plans to cooperate with Vietnamese partner Minh Quang JSC on a $2.39 billion green hydrogen plant in the central province of Quang Tri.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Visa-exemption policy anticipated to revive Thailand's tourism industry
Thai officials and businesses expect that the visa exemption agreement between China and Thailand, which took effect on March 1, will boost post-Covid-19 recovery of the tourism industry - one of its key economic sectors.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam hosts 3.04 mln foreign arrivals in Jan-Feb, S Korea biggest source
Vietnam welcomed 3.04 million foreign arrivals in the year to February 20, up 64.1% year-on-year, the General Statistics Office reported.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
VAFIE introduces investment opportunities to Chinese delegation
The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) hosted a business delegation from China’s Chongqing city Thursday and provided information about investment opportunities.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
China's COMAC to showcase aircraft in Malaysia
The Commercial Aircraft Corporation of China Ltd (COMAC), a Chinese state-owned airplane manufacturer, is preparing to conquer the ASEAN market by conducting a flying display of its C919 and ARJ21 in Malaysia and four other countries in the region this year, the New Straits Times has reported.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fisheries stocks up as pangasius exports soar
A sharp increase in pangasius exports has boosted fisheries stocks dramatically, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese firm to provide turbines for central Vietnam wind power plant
Electric Wind Power, a Shanghai Electric subsidiary, has signed a deal to provide wind turbines to the VND1.5 trillion ($60.9 million) Hai Anh Wind Farm project in Quang Tri province.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chinese aviation firm to introduce two aircraft models in Vietnam
State-owned Commercial Aircraft Corporation of China, Ltd. (COMAC) will demonstrate its narrow-body C919 and ARJ21 aircraft next week at the Van Don international airport in Quang Ninh province.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
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Multinational home tool firm Techtronic to invest $650 mln in Vietnam
