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Policies needed to support steel industry development
Over-reliance on input material imports, small production value and outdated technology were among the major weaknesses of Vietnam's steel industry, said a recent report by the Ministry of Industry and Trade.
AEON Mall Vietnam to build trade centre in Hue
AEON Mall Vietnam plans to build its first trading centre in the central region, AEON Mall Hue, covering a total 86,000sq.m, with an investment of US$170 million in Thua Thien-Hue province’s An Van Duong new urban area.
Da Nang calls for investment from Germany’s Bremen
The Investment Promotion Agency (IPA) of Da Nang has offered investment opportunities to businesses from Bremen, Germany, in seaport, logistics and information technology (IT) during a recent working visit by representatives of Bremen.
Banks plan to increase charter capital to US$2.8 billion in 2022
The capitalisation of Vietnam’s banking sector is expected to increase by nearly US$2.8 billion this year.
Strategy needed for air freight to take off
Vietnam needs to have an appropriate strategy to promote the development of air logistics and tap its large potential, experts have said.
Pangasius exports to US enjoy record prices
The average price of Vietnam’s tra fish (pangasius) exported to the US increased sharply in the first quarter of this year to the highest ever level of US$4.5 per kilogramme, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Coal miners expect good year on higher demand, rising prices
Coal mining enterprises are bullish about their business operations on high coal demand, after positive results in the first quarter of 2022 with many exceeding targets.
Transport firms up charges amid mounting fuel prices
About 80-90% of fixed-route transport firms have adjusted their fares up by 10-15% to offset mounting fuel costs, according to a Ministry of Transport (MoT) report submitted to the Prime Minister, assessing the impact of higher fuel prices.
Domestic timber key to a sustainable industry
Tight timber supply, coupled with transport delays, has been holding back furniture manufacturers, exposing the need for domestic substitution for imported timber.
Vietnam Manufacturing Expo, NEPCON to attract 200 brands
The 2022 Vietnam Manufacturing Expo and Vietnam’s Only Exhibition on SMT, Testing Technologies, Equipment and Supporting Industries for Electronics Manufacturing (NEPCON Vietnam 2022) will be held in Hanoi on August 10-12 and September 14-16 respectively.