News

Rice export prices in Vietnam rose for the first time in six weeks as domestic buying picked up and fears of water scarcity in the country's rice bowl grew, while weaker local currencies weighed on rates in other top Asian exporting hubs.

China’s top feed producer, New Hope Group, said on Thursday it is building three pig farms in neighboring Vietnam, even as an incurable pig disease spreads through the Southeast Asian country.

The State Bank of Vietnam on Wednesday set the daily reference exchange rate for the dong at VND23,013 per U.S. dollar, up VND9 from the previous day and reaching the highest rate ever.

American companies are inserting Vietnam into the global supply chain, while creating quality jobs and helping the country become more productive and efficient.

Foreign firms leaving China for Vietnam are looking for qualified staff as they seek to expand in their new low-cost market.

The construction of underground stations for Hanoi’s second metro route will start in June and finish by the end of next year.

The biggest exporters of plastic recyclable waste to Vietnam are Japan, Hong Kong and Thailand, according to environmental organization Greenpeace.

The Vietnamese dong has fallen to its lowest level ever against the U.S. dollar, and banks are fixing their exchange rates accordingly.

New rules and conditions will make it much more difficult to import old machinery and equipment into Vietnam.