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Economy

Disneylands, golf courses, museums help promote tourism: expert

Disneylands, golf courses, museums help promote tourism: expert

Vietnam ranks 113rd out of 136 surveyed countries in terms of tourism infrastructure.   

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Economic alliance members in central region fight, don’t unite

Economic alliance members in central region fight, don’t unite

The link among economic and industrial areas in the Central Region Key Economic Zone remains very weak after 10 years of development. 

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VN considers allowing private investors to access ODA

VN considers allowing private investors to access ODA

Economists agree that private investors should also be allowed access to ODA (official development assistance) capital, but warn that credit may be used improperly.   

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Vietnam’s largest industrial properties supplier debuts

Vietnam’s largest industrial properties supplier debuts

The BW Industrial Development JSC, a joint-venture between the US private equity fund Warburg Pincus and Vietnam’s Investment and Industrial Development Corporation (Becamex IDC), made debut in the southern province of Binh Duong on May 15.  

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Vietnamese consume more Japanese goods as incomes rise

Vietnamese consume more Japanese goods as incomes rise

Vietnamese products, which have been struggling to compete with Chinese, Thai and South Korean goods, now have to compete with Japanese goods as well.  

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Sugar producers worried as inventory remains high

Sugar producers worried as inventory remains high

Sugar companies have once again shouted for help as the volume of inventory is increasing rapidly, while the domestic market is flooded with smuggled sugar.  

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Tra fish industry facing dangerous situation, warn experts

Tra fish industry facing dangerous situation, warn experts

The domestic tra fish industry is facing a boom in the development of production at present, according to experts and enterprises.

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Then heritage in Vietnamese cultural life

Then heritage in Vietnamese cultural life

Those who have visited Tay, Nung and Thai ethnic people in the northern mountainous region of Vietnam are often astounded by traditional Then singing, which is accompanied by a handmade gourd lute called “Dan tinh” or “Tinh Tau”.

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Bright outlook for Vietnamese rice exporters later this year

Bright outlook for Vietnamese rice exporters later this year

The prospect of the Vietnamese rice export sector later this year is forecast to be bright given the nation’s recent successful bids for supplying rice for Indonesia and the Philippines.

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US$11mil. to upgrade Saigon-Nha Trang railway route

US$11mil. to upgrade Saigon-Nha Trang railway route

The Vietnam Railway Corporation (VNR) has proposed the Ministry of Transport to work out a project to improve the operation of the train on the Saigon-Nha Trang route with the aim of increasing capacity, minimizing the risk caused by human errors.  

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Thu Thiem New Urban Area project to be scrutinized

Thu Thiem New Urban Area project to be scrutinized

The HCMC delegation of National Assembly deputies plans to inspect the Thu Thiem New Urban Area project whose original 1/5000 zoning map the city government recently said is missing.

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Vietnam`s labour productivity among lowest in region

Vietnam`s labour productivity among lowest in region

Despite having increased at a relatively fast pace in recent years, Viet Nam’s labour productivity remained in the lowest group in East Asia with scores in backbone sectors of the economy even falling behind Cambodia, a report found on Tuesday.

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Fire equipment market hard to control despite huge demand

Fire equipment market hard to control despite huge demand

The Carina Plaza fire in March in Ho Chi Minh City has reinvigorated the fire equipment market as real estate developers are increasingly pouring money into upgrading fire prevention systems. However, the market remains difficult to control due to the abundance of low-quality products.

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Vietnam to gain $4.8 billion from shrimp exports

Vietnam to gain $4.8 billion from shrimp exports

Vietnam’s shrimp industry is expected to gain an export value of 4.8 billion USD in 2018 due to the many advantages of export promotion, experts said.

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Petrol traders urged to lift bio market share

Petrol traders urged to lift bio market share

Wholesale petrol traders should make more efforts to raise the market share of bio-fuel E5 in the country, said Deputy Minister of Industry and Trade (MoIT) Do Thang Hai.

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Key export products of Vietnam in Q1 2018

Key export products of Vietnam in Q1 2018

Vietnam’s exports in the first quarter of this year grew by 24.8% against the same period last year with 11 out of 46 groups of products achieving an export value of more than US$1 billion each, according to the General Department of Vietnam Customs.

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