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Auto industry develops but local part supply still low
The automobile industry of Vietnam has witnessed progress in the last two years, but the localisation rate (local part supply) still remains low, not meeting the set target, according to a Ministry of Industry and Trade (MoIT) report sent to the National Assembly for discussion and direction.
Demand for solar power in Can Tho increases
More businesses and households in the Mekong Delta city of Can Tho are installing solar panels to reduce monthly electricity costs.
Vietnam hopes to enter MSCI watchlist this year
One year after failing to enter the Morgan Stanley Capital International (MSCI)’s watchlist for a market status upgrade, it is still uncertain if Vietnam will make it this year despite efforts made to improve market conditions.
Special policy needed for new urban areas, residential complexes
Property experts have urged Ho Chi Minh City to issue a special policy on new urban residential complexes to prevent the rampant and unsustainable development of residential projects.
Da Nang airport to have new terminal
Da Nang will build a new terminal, T3, at its international airport with total investment of 9 trillion VND (391 million USD), increasing the airport’s capacity to 28 million passengers and 200,000 tonnes of cargo by 2030.
Mekong Delta takes action to prevent drowning incidents
The Mekong Delta has the highest rate of drowning in the country, particularly in Dong Thap province, where the number of deaths due to drowning is 10 times higher compared to that of dengue fever and hand, foot and mouth disease combined.
MoIT imposes temporary anti-dumping duties on Chinese products
The Ministry of Industry and Trade (MoIT) has announced temporary anti-dumping duties on aluminum products originating from 17 Chinese producers.
Sichuan, Vietnam to promote tourism
Sichuan is looking for more tourists from Vietnam in the near future, according to Dou Wei Ping, vice director of the Sichuan Department of Culture and Tourism.
Six firms to have listings cancelled in June
Six companies will have their listings on the Hanoi Stock Exchange cancelled in June.
Real estate market set for recovery as HCM City streamlines housing regulations
The Ho Chi Minh City's housing market is expected to recover again after being flat for over one year with support from the local government.