Vietnam’s Can Tho to break ground on 2 large-scale resort projects this year

Vietnam’s Can Tho to break ground on 2 large-scale resort projects this year

Economy

Can Tho City, southern Vietnam has announced plans to begin construction of two large-scale resort projects this year, including the 2,945-hectare Mekong City development which will accommodate up to 300,000 residents.

Vietnam’s PV GAS secures US, Australia LPG imports amid supply crunch

Vietnam’s PV GAS secures US, Australia LPG imports amid supply crunch

Economy

PetroVietnam Gas (PV Gas) said it has secured liquefied petroleum gas (LPG) imports from the United States and Australia, including a nearly 38,000-tonne cargo from Australia having arrived on Friday, to support domestic supply.

Vietnam’s Khanh Hoa leases sea area in Cam Ranh Bay for fuel depot project

Vietnam’s Khanh Hoa leases sea area in Cam Ranh Bay for fuel depot project

Economy

Khanh Hoa Province in south-central Vietnam has approved the lease of nearly two hectares of land, mostly sea surface, in Cam Ranh Bay for a fuel storage and aviation fuel depot project, according to a provincial decision.

Vietnam PM backs plan to use state budget for fuel price stabilization fund

Vietnam PM backs plan to use state budget for fuel price stabilization fund

Economy

Vietnam’s Prime Minister Pham Minh Chinh has agreed in principle to a proposal to use the state budget to support the fuel price stabilization fund if it runs short.

Deposit rates climb to 8.5% in Vietnam

Deposit rates climb to 8.5% in Vietnam

Economy

Many commercial banks in Vietnam have raised deposit rates to up to 8.5 percent per year, reflecting intensifying competition among lenders to secure capital.

Vietnam raises fuel prices sharply again

Vietnam raises fuel prices sharply again

Economy

The Vietnamese Ministry of Industry and Trade raised retail fuel prices sharply at 11:00 pm on Thursday.

Vietnam-China railway links must be strategic breakthrough: Party chief

Vietnam-China railway links must be strategic breakthrough: Party chief

Economy

Railway links between Vietnam and China must be identified as a strategic breakthrough in bilateral economic ties, Party General Secretary To Lam said at a working session with representatives of several ministries, agencies, and localities at Dong Dang Railway Station in Lang Son Province, northern Vietnam on Thursday.

Circular economy training supported by Germany, Netherlands helps cut waste in Vietnam

Circular economy training supported by Germany, Netherlands helps cut waste in Vietnam

Economy

Circular economy classes, conducted in Vietnam in cooperation with the German and Dutch governments, are helping domestic businesses transition to a circular economy and reduce waste released into the environment.

Northern Vietnam job fair offers over 110,000 positions as firms ramp up hiring

Northern Vietnam job fair offers over 110,000 positions as firms ramp up hiring

Economy

More than 110,000 job openings were offered at a job fair in Bac Ninh Province, northern Vietnam on Wednesday that was linked online with 10 northern provinces and cities, as businesses ramp up hiring to meet expanding production demand.

Vietnam needs highly skilled lawyers to support int’l financial center: bar association official

Vietnam needs highly skilled lawyers to support int’l financial center: bar association official

Economy

Vietnam must develop a new generation of highly qualified lawyers to support the operation of its International Financial Center (IFC) facilities, as the country works to build a credible legal environment capable of attracting global investors, according to Nguyen Hai Nam, vice-president of the Vietnam Bar Federation.