News

HCMC – The contractor of a package in the metro line No. 3 project connecting Nhon and Hanoi stations in Hanoi has asked the city government to pay US$81 million in compensation for the late handover of cleared land for the project, the local media reported.

CAN THO – Fly ash released from the Can Tho waste-to-energy (WTE) plant in the Mekong Delta city of the same name will be utilized as a material for cement production. However, this kind of cement should only be used for certain projects, and its ash proportion should be provided to users, said Associate Professor Dr. Le Anh Tuan, deputy head of the Research Institute for Climate Change, under Can Tho University.

Singapore’s Monk’s Hill Ventures has led a $5-million Series A round for Ho Chi Minh City-based healthcare services provider Jio Health, according to an official release.

Construction of an expressway connecting the Van Don Economic Zone and Mong Cai town in northern Quang Ninh Province begins on Wednesday.

Hanoi (VNA) - The daily reference exchange rate was set at 22,978 VND/USD on April 4, down 5 VND from the previous day.

The Hanoitimes - The ADB report highlights the primary external risk to the economy is the faster-than-expected slowdown of the major economies, including the European Union, the US, and China, Vietnam’s main export partners.

The Hanoitimes - China’s FDI to Vietnam has outpaced FDI from Japan and South Korea, which have historically been the largest source of investments into Vietnam.

The Hanoitimes - In 2018, fewer citizens said they need bribes for state employment, public health care, primary education, or construction permits, continuing the steady decline seen in 2017.

The Asian Development Bank expects Vietnam to grow 6.8 percent in 2019 and 6.7 percent in 2020.