Panellists at the Việt Nam Economic Forum 2022-2023, organised by the Ministry of Planning and Investment (MPI). Photo courtesy of MPI. HÀ NỘI — Việt Nam’s GDP was forecast to grow by 5.5-6 per cent this year, albeit with significant risks and inflation in the range of 4-4.5 per …
Read More »Vietnam’s Vinfast IPO may be delayed to 2023 on market uncertainty
The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the company’s auto unit, VinFast, may be delayed until next year due to market uncertainty. The IPO is currently slated for the fourth quarter of this year. Vingroup Chairman Pham Nhat Vuong also told …
Read More »Lot more room for Vietnam-US trade to grow: PM Chinh
Though trade between Vietnam and US has grown significantly since the normalization of bilateral relations, it has yet to fulfill its potential, Prime Minister Pham Minh Chinh has said. Speaking Thursday at a meeting with U.S. business executives, he said bilateral trade is up 280 times to $112 billion since …
Read More »Singapore utility to invest $540 mln in Vietnam renewable energy
SP Group, a Singaporean state-owned electricity and gas distributor, has pledged an investment of S$750 million (US$540 million) in sustainable energy in Vietnam. The company would support the country’s transition to green energy by providing solutions for both the public and private sectors, its CEO Stanley Huang said at a …
Read More »Vietnamese flowers gain foothold in Japan
A flower stall at AEON Mall Makuhari supermarket in Chiba, Japan. — VNA/- VnExpress News Photo: Đào Thanh Tùng TOKYO — Many Vietnamese flowers are gaining a foothold in the Japanese market, proving popular among local consumers. Japan remains one of the important flower import markets of Việt Nam. Kaori Sato, …
Read More »Singaporean national utility invests $540 mln in Vietnam energy sector
SP Group, the state-owned electricity and gas distributor in Singapore, committed a S$750 million ($540 million) investment in sustainable energy in Vietnam. The company will support the country’s transition to green energy by providing solutions for both the public and private sectors, its CEO Stanley Huang told a press meeting …
Read More »PM Chính meets US business community
Prime Minister Phạm Minh Chính meets US investors and business leaders in Washington DC on May 12 (US time). — VNA/- VnExpress News Photo WASHINGTON DC — Cooperation activities between Việt Nam and the US continue to develop strongly in all fields, particularly in investment and finance, with businesses …
Read More »Sustainability standards hold the key to the success of Vietnamese cinnamon
Farmers harvest cinnamon in Yên Bái Province. — – VnExpress News Photo by Lê Việt Dũng HÀ NỘI — Yên Bái aims to develop organic-certified supply chains of cinnamon in the province to keep up with the global demand for sustainable cinnamon products. Deputy Director of the provincial Department …
Read More »Petrol prices continue to soar, causing more challenges for transport firms
The price of RON95 bio-fuel was raised by VNĐ1,550 per litre to VNĐ29,980 (US$1.3) per litre from May 11. — VNA/- VnExpress News Photo HÀ NỘI — The retail prices of oil and petrol continued to rise from May 11 following the latest adjustment by the Ministry of Industry …
Read More »‘The success of innovation depends on the human factor’: TTF Chairman
TTF Chairman Mai Trung Tin, the first guest of The Next Power, said that on the journey of innovation, the human factor plays an important role, especially in transmitting the fire of the leader to the entire enterprise. ‘The success of innovation depends on the human factor’: TTF …
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