Dong Nai plans mega solar power production on manmade lake

The southern province of Dong Nai is proposing eight solar power projects with total capacity of 5,400 MW on the Tri An Lake.

Facebook, the 800-pound gorilla homegrown Vietnamese social media cannot take on

Vietnam got its latest in a long line of social networks Tuesday but doubts remain about the viability of homegrown players in a Facebook-dominated country.

Vietnam to scrap crude oil import tax

Vietnam will remove the current five percent import tax on crude oil imports starting November 1 as domestic supply dwindles.
September 18, 2019 | 03:43 pm GMT+7

Masan subsidiary to buy tungsten business from German firm

Masan Resources is set to buy the tungsten business of Germany’s H.C. Starck Group as part of its strategy to go global.
September 18, 2019 | 10:59 am GMT+7

Airlines shape up as new competition threatens market share

Vietnam's carriers are providing better ticket policies and treating agencies better after new entrant Bamboo Airways began eating into their market share.
September 18, 2019 | 08:03 am GMT+7

South Korean firms up instant noodles investment in Vietnam

South Korean instant noodle firms Nongshim and Ottogi are increasing their Vietnam investments with an eye on Southeast Asia as a whole.
September 18, 2019 | 07:42 am GMT+7

Top carriers in war of words over fare listing practices

Vietnam Airlines and Vietjet are accusing each other of adopting illegal and opaque fare-listing practices.
September 17, 2019 | 03:48 pm GMT+7

LNG Ltd to supply gas to Vietnam from Louisiana project

Australia-listed Liquefied Natural Gas Ltd signed a deal with a province in Vietnam to supply liquefied natural gas (LNG) from its Louisiana-based Magnolia project.
September 16, 2019 | 04:09 pm GMT+7

Saigon apartment prices balloon in last 5 years

Apartment prices in HCMC have risen by more 50 percent across all segments since 2015, real estate firm DKRA said.
September 16, 2019 | 10:27 am GMT+7

Car imports from China crash

Automobile imports from China have plummeted since the beginning of last year after tariffs on imports from ASEAN member countries were scrapped.
September 15, 2019 | 02:14 pm GMT+7

Vietnamese produce struggle to enter China

Agriculture exports to China dropped 9.2 percent year-on-year in January-July as exporters failed to meet tightened quality standards.
September 14, 2019 | 02:10 pm GMT+7

Vietnam prices plunge to near 12-year low as demand dries up

Vietnam’s 5 percent broken rice prices RI-VNBKN5-P1 fell to $325 per tonne, their lowest since November 2007, versus last week’s $325-$330 range.
September 13, 2019 | 03:06 pm GMT+7

South Korea’s JW Pharmaceutical acquires local drug maker

JW Pharmaceutical Corp (JWP) acquired 100 percent of shares in local firm Euvipharm for an undisclosed fee.
September 12, 2019 | 09:06 am GMT+7

Vietnam opens anti-dumping probe on Chinese steel

Vietnam has initiated anti-dumping investigations on certain carbon steel imports from China following a request by local producers.
September 11, 2019 | 08:05 am GMT+7

Bars, cafés earn $3.3 bln in revenue

Independent bars and cafés in Vietnam earned VND77.2 trillion ($3.3 billion) last year, up 5.7 percent from 2017, a market research firm says.
September 11, 2019 | 07:58 am GMT+7
 
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