The oil and gas industry is boosting the production of petrol and fibre products to meet domestic demand in addition to developing sectors in which it holdsadvantages.

The Foreign Investment Agency said in the first four months of the year, Vietnamese firms invested nearly 150 million USD in foreign markets.

A cluster of three solar power plants with a combined capacity of 330MWp in Thuan Nam district, the south central province of Ninh Thuan, was put into operation and connected to the national grid on April 27.

Habeco expects lower profits in 2019

PM Nguyen Xuan Phuc valued efforts to promote connectivity and international economic links, including the Belt and Road Initiative, in his speech delivered at the roundtable meeting of the Belt and Road Forum for International Cooperation.

The digital economy has been key to the development of Vietnam's startup community.

Footwear industry has opportunities to expand export market as free trade agreements were signed or in the progress to be signed.

Vietnamese garment makers expect the CPTPP to exert positive impacts on their exports in the second half of 2019, when documents guiding the implementation of the trade agreement are to be promulgated.

Companies around Vietnam are beginning to adopt the technology needed to address key business challenges and utilize opportunities in the digital era.

Vietnam’s manufacturing labor productivity remains around a quarter of China’s and Malaysia’s, one third of Indonesia’s and the Philippines’, a half of India’s and Thailand’s, and just around 7% of Japan’s and South Korea’s.

Tariffs on Chinese goods exported to the US have accelerated manufacturing activity moving from North to Southeast Asia, and Vietnam is best positioned to benefit from this trend, according to Viet Dragon Securities Company (VDSC).

Ho Chi Minh City has reported a spike in electricity usage due to hot weather.

The US Department of Commerce (DOC) has announced its final decision of the DOC’s 14th Period of Review on anti-dumping tariffs on Vietnam’s tra fish batches imported into the country during the period from August 1, 2016 to July 31, 2017.

Japanese industrial material manufacturer Showa Denko K.K. is fostering the production of aluminum cans in Vietnam amid growing demand for beverages in this market.

The nation’s gross domestic product (GDP) per capita last year was US$2,590, up by over US$200 versus 2017 and 1.23 times higher than in 2015, according to data from the Ministry of Planning and Investment.

Residents in HCMC who have installed rooftop solar panels can sell their solar power output to electricity firms next month. 

The Civil Aviation Authority of Vietnam (CAAV) has asked Bamboo Airways to provide documents that prove its capacity to operate 30 more aircraft as requested. The firm’s current air transport license caps the fleet at 10 airplanes.

The productivity and competitiveness of Vietnamese enterprises remain low, according to a report publicized on April 26 by the Vietnam Academy of Social Sciences (VASS), the Ministry of Planning and Investment nd the UNDP.

Viet Nam, China trade ties continue to develop

Vietnam continues to be a popular destination for new FDI from multi-national manufacturers and many existing foreign enterprises are expanding their investment.