Construction on the Chau Giang Industrial Cluster, worth 475 billion VND (21 million USD), kicked off recently in the northern province of Ha Nam.

Thanh Cong Group and Hyundai Motor co-held a ground-breaking ceremony for an automobile manufacturing facility which has designed capacity of 100,000 units per year, in the northern province of Ninh Binh on September 20.

PetroVietnam Gas Joint Stock Corporation (PV Gas) has taken the lead in the Vietnam Oil and Gas Group (PetroVietnam) and played key role in the domestic gas industry, heard a meeting celebrating the 30th founding anniversary of the corporation in HCM City on September 18.

TH Group on September 18 began the construction of a high-tech, concentrated dairy cow project in Mo Rai commune, Sa Thay district, the Central Highlands province of Kon Tum.

As private investment can play a significant role in increasing local power supply, experts have worked to find better mechanisms and policies to solve problems that have discouraged investment in the sector.

The southern province of Dong Nai has mobilised all resources to speed up the progress of several major transport projects, including the Long Thanh International Airport.

Trade exchange between Vietnam and Mali in 2020 will plummet due to obstacles in transporting goods to Mali and difficulties related the embargo imposed by the Economic Community of West African States (ECOWAS) against Mali, said Vietnamese Trade Counsellor in Algeria and Mali Hoang Duc Nhuan.

The COVID-19 pandemic is weighing on the banking system’s non-performing loans (NPLs), requiring significant efforts to keep NPLs ratio below 3percent by the end of this year as targeted by the Government.

Despite short-term difficulties, the prospects for industrial park stocks will increase after the COVID-19 pandemic is over, driven by the relocation of global firms to diversify supply chains, with many picking Vietnam as their destination.

Footwear exports this year are unlikely to hit the target of 24 billion USD because of the fallout of the COVID-19 pandemic, according to the Ministry of Industry and Trade.

The Bank for Development and Investment of Vietnam (BIDV) and the KBIZ Vietnam Federation of Korea SMES (KBIZ-VN) signed a comprehensive cooperation agreement on September 17 in Hanoi.

Vietjet has announced that it had introduced the newly upgraded SkyBoss and new Deluxe fare types on its entire flight network from this month.

Tariffs cut to zero under the ASEAN Trade in Goods Agreement (ATIGA) from January 1 this year and the COVID-19 pandemic have made for a tough year for the sugar industry, heard an online seminar held by Nhan Dan (People) e-newspaper on September 16.

COVID-19 has interrupted the country’s journey to become a high-performing economy, but the right structural adjustments could help get it back on track, according to McKinsey & Company, a leading US consultant firm.

Three leading energy businesses of Thailand recently signed a joint deal to develop the Quang Tri 1 thermal power plant in Vietnam.

The Mekong Delta province of Soc Trang has posted high increases in industrial production and export value despite the impacts of unfavourable weather conditions such as droughts and saline intrusion along with the COVID-19 pandemic.

An online Vietnam-Singapore investment promotion conference was held on September 17 with the participation of 500 enterprises from over 80 Singaporean business associations and chambers of commerce around the world.

Finland-based Evli Emerging Frontier Fund announced on September 16 that it purchased more 500,000 shares of Binh Duong Mineral and Construction Joint Stock Company (KSB) early this month.

The Vietnam Oil and Gas Group (PetroVietnam) continued to top the Profit500 list, which names the 500 most profitable enterprises in Vietnam, in 2020.

A ceremony was held in the Mekong Delta province of Ben Tre on September 17 to announce the first shipment of its fruit to the EU under the EU-Vietnam Free Trade Agreement (EVFTA).