Tuesday , November 26 2024

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Input shortages threaten to stymie manufacturing recovery

Input shortages threaten to stymie manufacturing recovery

In Thu Duc City in HCMC, electronics manufacturer Datalogic Vietnam is paying dozens of times the usual price for inputs and parts to ensure production remains on schedule. The sellers are speculators who bought them when their prices were still low and are now selling for a large profit, CEO …

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US-built aircraft revetments to be removed from HCMC airport

The government has ordered relevant units to work on clearing 12 revetments built during the Vietnam War from HCMC’s Tan Son Nhat airport. The ministries of transport and national defense have been tasked with collecting opinions from related units on the clearance to create more space for the airport to …

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Real estate group steals $343 mln from investors

A real estate group has cheated investors of more than VND8 trillion ($343.8 million) in a bond issuance fraud case, police said Thursday. Nguyen Van Thanh with the anti-corruption police department said real estate developer Tan Hoang Minh has transferred around VND2.1 trillion to the department at the State Treasury, …

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