News

More than 10,000 sugarcane–farm households in the central province of Phu Yen are earning higher profits thanks to the use of bagasse from a sugar factory to produce electricity.

Vietnamese Minister of Industry and Trade Tran Tuan Anh and United Arab Emirates (UAE) Minister of Economy Sultan Bin Saeed Al Mansoori will co-chair the upcoming fourth meeting of the Vietnam-UAE Intergovernmental Committee in Abu Dhabi on April 18.

Vietnamese shares declined on Monday morning as blue chips were hit hard by strong selling pressure.

China’s stricter requirements for packaging and origin traceability for agricultural products exported to its market will take effect from May 1, making it more difficult for Vietnam to ship its produce to the northern neighbor through informal channels.

The Ministry of Transport should continue garnering feedback from experts, organizations and the public on the development of a 1,559-kilometer-long North-South high-speed railway, according to Deputy Prime Minister Trinh Dinh Dung.

The main components of the Dong Hai 1 wind power project, which costs an estimated VND2.5 trillion (US$107.7 million), in the Mekong Delta province of Bac Lieu will be built in the last quarter of this year, following the launch of an operation center for the plant earlier on April 15.

BlackRock, the world’s largest asset manager with US$5.98 trillion in asset management, has proposed to secure funds for the Dung Quat oil refinery expansion project, according to Christian Synetos, vice president of BlackRock.

Hanoi’s real estate market experienced the first three months of this year with significant movements in all segments, mostly apartment for sale, according to US-headquartered property services firm JLL.

Taiwan’s leading computer maker Compal Group plans to expand its production capacity in Vietnam to raise the group’s exports to US$1.5-2 billion per year, according to Ray Chen, the group's vice president.