Vietnam needs US$150 billion to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.

The lists of the most reputable players in Vietnam’s logistics sector this year were released by the Vietnam Report JSC on November 24.

VOV.VN - Vietnam will need US$150 billion, equal to half of its current overall GDP, in order to invest in power projects nationwide over the course of the following decade, according to a seminar held on November 24 that discussed ways to mobilise international capital for independent power projects.

The Vietnam Public Health Portal was officially launched by the Ministry of Health on November 20, aimed at facilitating liaising with services provided by the health sector.

Despite a tough year due to the COVID-19 pandemic, the national wood sector looks set to achieve its export turnover target of US$12 billion, and some wood processing businesses have so many orders while they are in short of workers to complete them, according to the Vietnam Timber and Forest Product Association (Vietforest).

Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank of Vietnam (SBV).

VOV.VN - Local businesses have been advised to enhance intensive processing whilst investing in high-quality products in an effort to develop prestigious brands for the purpose of boosting the domestic coffee sector’s consumption rate from 13% to approximately 30% in the near future, according to insiders.

New carrier Bamboo Airways has been licensed by the US Department of Transportation to carry passengers and cargo between Vietnam and the US, its representative said on November 10.

Vietnam needs to develop a strategy to promote the development of the private sector over the next decade to maintain growth, speakers said at a conference on socio-economic development from 2021 to 2030 recently held in HCM City.

The contributions by Vietnam’s multilateral diplomacy and orientations for the sector in the new strategic period were discussed at a seminar held by the Ministry of Foreign Affairs on November 4.