Vietnam opens Ben Dinh port on Ly Son Island to int’l vessels

Vietnam opens Ben Dinh port on Ly Son Island to int’l vessels

Economy

Vietnam has officially opened Ben Dinh port in Ly Son Island Special Zone, south-central Quang Ngai Province, to receive domestic and international vessels, the country’s maritime authority said.

Vietnam targets nationwide switch to E10 biofuel in April

Vietnam targets nationwide switch to E10 biofuel in April

Vietnam News

The Vietnamese Prime Minister has ordered an accelerated nationwide transition to E10 biofuel to be completed within April, leaving regulators and businesses about 30 days to meet the deadline.

Vietnam eyes data center investment boom as capacity ramps up

Vietnam eyes data center investment boom as capacity ramps up

Economy

Vietnam is positioning itself to attract billions of dollars in data center investment as demand driven by artificial intelligence and digital services accelerates, although current capacity remains limited, according to property consultancy JLL.

EU tightens checks on Vietnamese farm exports over pesticide residues

EU tightens checks on Vietnamese farm exports over pesticide residues

Economy

Vietnamese agricultural exports such as dragon fruit, chili, okra and durian are facing tighter checks at European Union (EU) borders, while passion fruit has yet to be placed under enhanced controls, according to the Ministry of Agriculture and Environment.

Vietnam to cut maritime pilotage fees by 10% for domestic ships

Vietnam to cut maritime pilotage fees by 10% for domestic ships

Economy

Vietnam will reduce maritime pilotage service fees by at least 10 percent for domestic vessels from April 1 to May 1, in a move aimed at easing rising logistics costs amid global energy market pressures.

Vietnam maritime authority proposes seeking Iran support for ships as Hormuz tensions disrupt shipping

Vietnam maritime authority proposes seeking Iran support for ships as Hormuz tensions disrupt shipping

Economy

Vietnam’s maritime authority has proposed seeking Iran’s support to ensure safe passage for 19 Vietnamese-linked vessels transiting the Strait of Hormuz, as conflict in the Middle East has disrupted shipping through the vital waterway.

Vietnam seeks deeper cooperation with global firms as supply chains shift

Vietnam seeks deeper cooperation with global firms as supply chains shift

Economy

Vietnam is prepared to strengthen cooperation with global businesses to build more efficient and resilient supply chains as global production networks evolve rapidly under the influence of digital transformation and artificial intelligence, Party General Secretary To Lam said on Thursday.

First sod turned at $718mn LNG power plant in Ho Chi Minh City

First sod turned at $718mn LNG power plant in Ho Chi Minh City

Economy

State utility Vietnam Electricity and Hiep Phuoc Power Co., Ltd. on Thursday signed a power purchase agreement and broke ground on the Hiep Phuoc liquefied natural gas (LNG) power plant - Phase 1 in Ho Chi Minh City, with a price tag of about VND18.911 trillion (US$718 million).

Binh Dien market eyes bigger role in Ho Chi Minh City’s nighttime economy

Binh Dien market eyes bigger role in Ho Chi Minh City’s nighttime economy

Economy

From a long-standing wholesale hub operating through the night, Binh Dien Wholesale Market can become a potential cornerstone of Ho Chi Minh City’s nighttime economy if key bottlenecks in infrastructure, planning, and investment mechanisms are addressed.

Russia’s largest private conglomerate eyes biometric database project in Vietnam

Russia’s largest private conglomerate eyes biometric database project in Vietnam

Economy

Vietnam’s Prime Minister Pham Minh Chinh met Vladimir Petrovich Evtushenkov, chairman of AFK Sistema, in Moscow on Wednesday, where the Russian conglomerate expressed interest in investing in Vietnam’s pilot national biometric database project.