Binh Dien market eyes bigger role in Ho Chi Minh City’s nighttime economy
EconomyFrom 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
EconomyVietnam’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.
USDA to send TRUMP mission to Vietnam this week to boost American farm exports
EconomyThe U.S. Department of Agriculture (USDA) is sending a Trade Reciprocity for U.S. Manufacturers and Producers (TRUMP) Mission to Vietnam this week to open new markets, strengthen export opportunities, and secure fair, reciprocal trade for American farmers, ranchers, and producers.
FDI firms eye opportunities from international financial center in Ho Chi Minh City
EconomyHo Chi Minh City’s growing urban scale and ambition to develop an international financial center are expected to draw foreign investors and drive long-term growth in office and commercial service infrastructure, an industry executive said.
Vietnam seeks stronger LNG cooperation with Russia’s Novatek
EconomyVietnamese Prime Minister Pham Minh Chinh held a working session in Moscow on Monday with Leonid Viktorovich Mikhelson, chairman of Novatek Group, one of Russia’s leading natural gas producers, to accelerate cooperation on liquefied natural gas (LNG) projects and energy development between the two countries.
Vietnam to accelerate E10 biofuel roll-out from April to curb gasoline use
EconomyVietnam will begin rolling out E10 biofuel nationwide from April under a government directive aimed at reducing conventional gasoline consumption by about 10 percent.
In Ho Chi Minh City, ride-hailing drivers struggle despite fuel support
EconomyRising fuel prices are putting tech-based drivers in Ho Chi Minh City under growing pressure, even when ride-hailing platforms roll out support programs to retain them.
AIA’s Vietnam strategy: Promoting Healthier, Longer, Better Lives
EconomyAs one of the most promising and fast-growing insurance markets in Asia, Vietnam presents significant opportunities. In an interview with Tuoi Tre News, Stuart A. Spencer, Group Chief Marketing Officer of AIA, shares the company’s strategy to deepen its presence in the market by aligning with customers through a shared commitment to 'Healthier, Longer, Better Lives.'
Vietnam premier orders crackdown on building material hoarding, price manipulation
EconomyVietnam’s Prime Minister Pham Minh Chinh has ordered various ministries and relevant agencies to intensify efforts to curb market manipulation, hoarding and price inflation in the construction material sector in a bid to stabilize costs and accelerate major infrastructure projects.
Vietnam’s Can Tho to break ground on 2 large-scale resort projects this year
EconomyCan 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.