FDI businesses call for stable power supplies in Vietnam

FDI businesses call for stable power supplies in Vietnam

Foreign-invested companies in Vietnam have expressed concerns over power shortages and called on authorities to provide stable supplies for industrial parks to ensure production.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese, New Zealand PMs outline major orientations for stronger ties

Vietnamese, New Zealand PMs outline major orientations for stronger ties

Vietnamese Prime Minister Pham Minh Chinh and his New Zealand counterpart Christopher Luxon identified major orientations for further strengthening cooperation in multiple areas during talks in Wellington on Monday.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Australia’s Corio Generation plans offshore wind energy projects in Vietnam

Australia’s Corio Generation plans offshore wind energy projects in Vietnam

Corio Generation, an offshore wind energy branch of Australia’s Macquarie's Green Investment Group, plans to make infrastructure investments in Vietnam, said its Asia-Pacific (APAC) head Yi-Hua Lu.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Vietnam budget airline Vietjet launches Melbourne-Hanoi direct air link

Private carrier Vietjet announced the launch of direct flights between Melbourne and Hanoi at the Vietnam-Australia Business Forum 2024 held Tuesday in Melbourne.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM invites Siemens to build urban railway lines

Vietnam PM invites Siemens to build urban railway lines

Prime Minister Pham Minh Chinh has asked Siemens AG to research and participate in bidding for urban railway line projects in Vietnam and transfer technology to the country in this area.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM orders plan to assist Vietnam Airlines' survival

PM orders plan to assist Vietnam Airlines' survival

Prime Minister Pham Minh Chinh has asked the Commission for the Management of State Capital at Enterprises (CMSC) to submit a plan this month for resolving problems facing Vietnam Airlines.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam urges Germany to ratify Europe-Vietnam investment protection pact soon

Vietnam urges Germany to ratify Europe-Vietnam investment protection pact soon

Germany should soon ratify the Europe-Vietnam Investment Protection Agreement (EVIPA), three top leaders of Vietnam said to German President Frank-Walter Steinmeier during the latter’s two-day Vietnam visit.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Push EU peers to ratify investment protection pact, Vietnamese PM urges Romania

Push EU peers to ratify investment protection pact, Vietnamese PM urges Romania

Romania has already ratified the Europe-Vietnam Investment Protection Agreement (EVIPA) and should urge other European nations to do so soon, Vietnamese Prime Minister Pham Minh Chinh said Monday.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Northern Europe’s largest bank invited to support restructuring of Vietnam banks

Northern Europe’s largest bank invited to support restructuring of Vietnam banks

Vietnamese Prime Minister Pham Minh Chinh has invited SEB, the largest bank in Northern Europe with total assets of nearly $339 billion, to engage in restructuring weak banks in Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year

Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year

South Korean giant Hyosung, which has invested $3.5 billion in Vietnam, plans to invest another $2 billion this year, said vice chairman Cho Hyun-sang.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM sets GDP growth target of 3.5-4% for Vietnam agriculture sector

PM sets GDP growth target of 3.5-4% for Vietnam agriculture sector

Vietnam’s Prime Minister Pham Minh Chinh has asked the agricultural sector to overcome obstacles in 2024 by turning "nothing into something, and difficulty into ease" to reach GDP contribution growth of 3.5-4%, with a minimum of $55 billion from exports.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM Chinh’s Tokyo visit set to trigger new Japan investment wave into Vietnam

PM Chinh’s Tokyo visit set to trigger new Japan investment wave into Vietnam

A large number of deals signed and high interest shown by Japanese businesses during Prime Minister Pham Minh Chinh’s recent trip to Japan is expected to trigger a new investment wave into Vietnam, said Deputy Minister of Foreign Affairs Do Hung Viet.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japanese giants Tokyo Gas, Marubeni, Aeon Mall announce Vietnam investments

Japanese giants Tokyo Gas, Marubeni, Aeon Mall announce Vietnam investments

Corporate giants Tokyo Gas, Marubeni and Aeon Mall were among several dozen Japanese firms that announced new and additional investments in Vietnam Saturday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM invites high-quality Japanese investment

Vietnam PM invites high-quality Japanese investment

Prime Minister Pham Minh Chinh has encouraged businesses in Gunma prefecture, one of the largest industrial hubs in Japan, to expand their presence in Vietnam following an upgrade of the relationship between the two countries.

Top News - Mon, Dec 22, 2021 | 11:30 am GMT+7

US firm Nvidia wants to set up chip hub in Vietnam

US firm Nvidia wants to set up chip hub in Vietnam

U.S. chip giant Nvidia, the world's largest chip manufacturer by market cap, wants to set up a base in Vietnam to attract talents from around the world, helping the Southeast Asian country develop a semiconductor and artificial intelligence (AI) ecosystem.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

No more lending to ‘backyard’ companies, Vietnam PM tells banks

No more lending to ‘backyard’ companies, Vietnam PM tells banks

Vietnamese Prime Minister Pham Minh Chinh has instructed banks to cancel all new loans to a small group of businesses or projects of an ecosystem known as “backyard” companies, in a move to improve banking operations.

Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM demands pro-growth efforts over economic underperformance concerns

Vietnam PM demands pro-growth efforts over economic underperformance concerns

Prime Minister Pham Minh Chinh has ordered government agencies to deploy growth-bolstering measures to lift the underperforming local economy amid weaker external demand.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

UAE’s AD Ports Group, Vietnam Maritime Administration to strengthen maritime collaboration

UAE’s AD Ports Group, Vietnam Maritime Administration to strengthen maritime collaboration

Ports Group, a subsidiary of UAE-headquartered International Holdings Company, and the Vietnam Maritime Administration have signed a memorandum of understanding (MoU) on enhancing ports and maritime cooperation.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Standard Chartered to finance Vietnam firms $3 bln for climate change response

Standard Chartered to finance Vietnam firms $3 bln for climate change response

Standard Chartered Vietnam has signed five memorandums of understanding (MoUs) valued at approximately $3 billion in sustainable financing to support five companies in Vietnam in achieving their sustainability goals.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam suggests cooperation orientations for G77

Vietnam suggests cooperation orientations for G77

Vietnamese Prime Minister Pham Minh Chinh proposed three cooperation orientations for the Group of 77, a coalition of 135 developing countries, at the G77 summit on climate change in Dubai on Sunday.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, EU launch plan to mobilize $15.8 bln for energy transition

Vietnam, EU launch plan to mobilize $15.8 bln for energy transition

Vietnam and the European Union (EU) on Friday launched a plan to mobilize up to $15.8 billion, an increase from the initial $15.5 billion, of climate financing pledged last year by international partners, to help the Southeast Asian nation wean off coal power.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

UAE willing to share experience of building Dubai Int’l Financial Center with Vietnam: crown prince

UAE willing to share experience of building Dubai Int’l Financial Center with Vietnam: crown prince

Dubai, an emirate of the United Arab Emirates (UAE), stands ready to share experience in building Dubai International Financial Center with Vietnam, said Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Turkish firms keen on Vietnam infrastructure projects: official

Turkish firms keen on Vietnam infrastructure projects: official

Many Turkish businesses are keen to cooperate with Vietnam in infrastructure projects, Cagatay Ozden, Asia-Pacific department head of Turkey’s trade ministry, said at the Vietnam-Turkey business forum in Ankara Thursday.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Turkey eye cooperation in hi-tech parks, EVs, defense industry

Vietnam, Turkey eye cooperation in hi-tech parks, EVs, defense industry

High-tech parks, electric vehicles, and the military industry hold high potential for cooperation between Vietnam and Turkey as the two countries look to upgrade their relations.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM Chinh invites Turkish conglomerate Hayat to expand Vietnam presence

PM Chinh invites Turkish conglomerate Hayat to expand Vietnam presence

Vietnamese Prime Minister Pham Minh Chinh has suggested that Turkish conglomerate Hayat Holding expand its Vietnam presence with continued investment and cooperation with local partners.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Turkey look to upgrade ties, lift two-way trade to $4 bln

Vietnam, Turkey look to upgrade ties, lift two-way trade to $4 bln

Vietnam and Turkey should work on mechanisms to deepen bilateral ties, including studying the possibility of elevating them to a new height, given the wishes of both sides, Vietnamese Prime Minister Pham Minh Chinh has suggested.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM calls for early negotiations on Vietnam-Turkey free trade deal

PM calls for early negotiations on Vietnam-Turkey free trade deal

Prime Minister Pham Minh Chinh called for early negotiations on a Vietnam-Turkey free trade agreement (FTA) at a Wednesday meeting with Turkish Minister of Trade Omer Bolat in Ankara.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, China discuss upcoming visit of high-level leaders

Vietnam, China discuss upcoming visit of high-level leaders

Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Chinese Minister of Commerce Wang Wentao on Monday discussed preparations for the upcoming visits of high-level leaders.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Identify sustainable solutions to boost bond, realty markets: Vietnam PM

Identify sustainable solutions to boost bond, realty markets: Vietnam PM

Vietnam's finance ministry, the central bank and other agencies have been tasked with identifying fresh solutions to prevent unexpected negative impacts and boost the bond and realty markets.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam will not criminalize civil, economic violations: PM

Vietnam will not criminalize civil, economic violations: PM

Vietnam will not criminalize civil and economic violations but will seriously punish violators in order to ensure a transparent, fair, and sustainable business environment for foreign investors, according to Prime Minister Pham Minh Chinh.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam reiterates request for US aid for semiconductor industry

Vietnam reiterates request for US aid for semiconductor industry

Vietnam has asked the U.S. government to support it in developing the fledgling semiconductor sector and other basic industries as the country has become one of the fastest-growing semiconductor markets.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seeks WB soft loans for major traffic, climate projects

Vietnam seeks WB soft loans for major traffic, climate projects

Prime Minister Pham Minh Chinh has urged the World Bank (WB) to provide low-interest loans for key and large-scale traffic and climate-focused projects in Vietnam.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan’s Marubeni plans to invest billions of USD in Vietnam

Japan’s Marubeni plans to invest billions of USD in Vietnam

Japanese conglomerate Marubeni has invested JPY90 billion ($593 million) in Vietnam since 1991 and is looking to continue investing billions of USD more, said president and CEO Masumi Kakinoki.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Japan seeks cooperation with Vietnam in semiconductors, rare earths

Japan seeks cooperation with Vietnam in semiconductors, rare earths

Japan wishes to cooperate with Vietnam in surveying, exploiting and processing rare earths and developing related industries, said the Northeast country's Minister of Economy, Trade and Industry Nishimura Yasutoshi.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dutch PM visit enhances Vietnam-Netherlands hi-tech, green growth cooperation

Dutch PM visit enhances Vietnam-Netherlands hi-tech, green growth cooperation

A two-day visit by Dutch Prime Minister Mark Rutte to Hanoi has helped strengthen bilateral cooperation in a wide range of issues, particular high technology, green growth, and climate change adaptation.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7