News

Coal-fueled thermal power plants are still an important source of energy for the next decade, when the country will be in dire need of energy for more production, heard attendees at a seminar in HCMC last week.

The volumes of cargo passing through seaports in the northern and central regions are small, while seaports in the south are overloaded.

The Ministry of Industry and Trade, despite receiving the most public complaints, has not been selected to field questions at question-and-answer (Q&A) sessions during the seventh sitting of the National Assembly (NA) this week.

The local stock market plunged for a fifth consecutive session today, June 3, over the strong drop of oil and gas stocks. The VN-Index of the Hochiminh Stock Exchange lost 13.41 points, or 1.4%, against the previous day to close at 946.47.

Vietnam's fruit and vegetable exports to China in April rose by a staggering 43.8% month-on-month to more than US$364 million, having stagnated earlier this year, Thanh Nien reports.

Seven out of 10 key traffic projects in the country have fallen behind schedule to date, according to a report from the Ministry of Transport.

HCMC has yet to construct any underground parking lots, though it has planned to build more than 10 of them in the last 15 years and have approved four so far.

A ban on drink driving has yet to gain over 50% of votes at the National Assembly’s (NA’s) ongoing sitting to make it eligible for addition to a draft law on preventing and combating the harmful effects of liquor and beer.

Experts from the World Bank have observed several major improvements in the ease of doing business in Vietnam, the Ministry of Planning and Investment (MPI) has said.