LS Eco Energy, the Vietnamese subsidiary of the Republic of Korea’s LS Cable & System, is planning to build submarine cable plants in Việt Nam and Europe to capitalise on the soaring demand for extra-high-voltage submarine cables.

The event is expected to provide practical opportunities for Vietnamese businesses in the Eco tech industry to approach new market trends, innovative technical and technological achievements.

The completion of the Quảng Trạch - Phố Nối 500kV transmission line will help increase power transmission capacity from the central region to the North from 2,200MW to 5,000MW, something which is critical to solving the problem of shortages in the north during peak summer months.

Using the national domain '.vn' also contributes to building and protecting our national digital sovereignty in cyberspace.

ESG outstanding loans of the banking system had grown steadily over the years, reaching about VNĐ2.9 quadrillion by the end of the first quarter this year, accounting for more than 21 per cent of the total.

Việt Nam has emerged as one of regional leaders in Southeast Asia's green economy transition progress.

The Đà Nẵng Venture and Angel Summit (DAVAS) 2024 kicked off in the central city on Friday, aiming to create a chance for startup projects to access investors and investment funds.

Over the past month, the gold market has been the talk of the town. Domestic gold prices have kept hitting new peaks, leading to a surge in trading activities. Gold bullion, gold rings, and gold jewellery have been the central focus for traders during this period. Experts have pointed out several factors causing the surges in gold prices, and the government has stepped in to try to untangle the situation.

Benchmark indices moved in different directions on Friday as blue-chip stocks saw a withdrawal in capital while the foreign bloc continued net selling.

The central bank aims to cut lending rates by 1-2 per cent, with a focus on supporting economic recovery and growth drivers, emerging sectors, green transitions, circular economy and social housing.

Việt Nam's fruit and vegetable exports rose 28.1% to $2.59 billion in the first five months of this year.

Some Vietnamese rice export companies have won bids at prices lower than the export price on the world market, prompting questions about potential violations of the competition law.

Prime Minister Phạm Minh Chính has recently signed a directive on building a financial plan for the 2026-2030 period.

A delegation of the south-central coastal province of Khánh Hòa led by Secretary of its Party Committee Nguyễn Hải Ninh attended a seminar between Vietnamese businesses and US firms, investment funds and groups in New York during their working visit to the US from May 29-30.

Đà Nẵng will invest VNĐ7.26 trillion (US$285.2 million) in 38 projects to develop the cruise industry by 2050.

The central province of Thừa Thiên – Huế granted licenses to 20 new investment projects with a total registered capital of over VNĐ5.32 trillion (nearly US$209 million) in the first five months.

The Chairman of Hà Nội People’s Committee said that focus must be placed on removing difficulties for the early implementation of social housing projects to improve living standards for low-income earners.

Vietnamese startups have been making headlines at InnovFest, part of the Asia Tech x Singapore (ATxSG) event, which takes place from 29-31 May.

More administrative tools will be introduced next week to stablise the gold market and reduce the gap between domestic and global gold prices.

The Red River Delta, one of the country’s six socioeconomic regions, consists of 11 centrally governed provinces and cities including Hà Nội, Hải Phòng, Hải Dương, Bắc Ninh, Vĩnh Phúc, Hưng Yên, Thái Bình, Nam Định, Hà Nam, Ninh Bình and Quảng Ninh.