News

South Korean firm Hyosung Group plans to hold a test-run of its first high-strength industrial polyester and nylon yarn plant for automobile supportive industries at Quảng Nam Province’s Tam Anh Industrial Park in October.

Vietnamese companies should further invest in and trade with ASEAN member countries like Myanmar, Thailand, Laos, and Cambodia, a forum heard in HCM City on Thursday.

As one of the most efficient power markets in Southeast Asia, Viet Nam has huge prospects, especially in renewable energy, experts have said.

The Viet Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) on Wednesday inaugurated the copper plant No 2 at Sin Quyen copper complex in the northern province of Lao Cai.

Vietnam’s economic growth slowed in the first quarter amid a weakening in global demand and ongoing U.S.-China trade tensions.

Vietnam posted gross domestic product growth of 6.79 percent in the first quarter this year, slower than an expansion of 7.45 percent in the same period last year, the General Statistics Office (GSO) said on Friday.

Vietnamese shares continued advancing on Friday morning amidst high volatility, boosted by financial and petroleum firms.

Vietnam’s total steel export value in the first quarter this year rose 5.8 percent year-on-year to 744 million USD, the General Department of Vietnam Customs said on March 27.

The State Bank of Vietnam adjusted the daily reference exchange rate down on March 29 to 22,980 VND per USD, a drop of 2 VND from the previous day (March 28).