Economy and commerce

Central Highland provinces enhance development of renewable energy

In recent years, Central Highland provinces, mainly Dak Lak and Gia Lai, have attracted a number of domestic and foreign investors to survey and invest in solar and wind power. So far, many projects have been implemented and put into operation, significantly contributing to ensuring national ...

Programme promotes social initiatives launched

The En Xanh (Green Swallow) programme 2019 to honour social business initiatives was launched in Hanoi on July 24. The programme is jointly hosted by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Union of Science and Technology Associations, the United Nations Development ...

Hanoi city aims to improve startup ecosystem

Hanoi is taking measures to tackle difficulties facing local firms, especially newly established small- and medium-sized enterprises (SMEs). The city also aims to support the establishment of from 2-3 business incubators or startup spaces, facilitate the formation of from 3-5 private startup investment funds and attract ...

Vietnam’s coffee exports plummet as robusta prices fall

The sharp fall in export earnings was caused by the price of robusta coffee falling in London due to a global glut, with Vietnam getting the lowest rates of all exporters.The price is decided by rates fixed on global coffee trading floors at the time ...

White Book on Vietnamese Businesses 2019 launched

The first edition of the White Book on Vietnamese Businesses was launched at a ceremony in Hanoi on July 10. The White Book, compiled by the General Statistics Office under the Ministry of Planning and Investment, contains essential information assessing the development of enterprises across the ...

Stakeholders urged to consult arbitrators in PPP project disputes

Arbitrators need to step in and deal with disputes in public-private-partnership (PPP) projects so economic development will not be disrupted, experts have warned.Professor Pham Duy Nghia at Fullbright Vietnam University said attracting private investment was good for infrastructure development. According to Nghia, in order to ...

Portal launched for start-up community

The Ministry of Science and Technology in cooperation with Nexus FrontierTech Company has officially launched a new portal for tech start-ups – vntechpedia.com. The portal is part of a project to support the national start-up and innovation ecosystem by 2025 approved by Prime Minister Nguyen Xuan ...

Over 50 green startup ideas honoured

The Vietnam Women’s Union collaborated with the Vietnam Climate Innovation Centre (VCIC) to organise a ceremony in Hanoi, on June 24, to honour 51 creative ideas at the third Proof-of Concept (PoC) competition under the theme “Women and the future of green economy”.Launched in January ...

Vietnam, EU to sign EVFTA on June 30 in Hanoi

The European Council announced on June 25 that it has approved the European Union – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA), and assigned the EU to sign the deals with Vietnam on June 30 in Hanoi.The EVFTA ...

Over 220 trillion VND invested in Mekong Delta’s infrastructure

Over 890 projects in infrastructure with total investment of 221 trillion VND (9.43 billion USD) are being carried out by in the Mekong Delta by 898 businesses from Ho Chi Minh City, according to statistics of the municipal People’s Committee.The projects are mainly in building ...

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