Business

Jaxport to get Vietnam service via Suez

The Port of Jacksonville in the U.S will receive its first weekly shipping service from Southern China, Singapore and Vietnam staring in mid-May.

New Danish toy production in Vietnam

A Vietnam - Denmark partnership in high quality wooden toy production has received a support of DKK 881,000 from the Danish Embassy to build new production in Tien Giang Province.

Philippines firm to export hybrid rice seeds to Vietnam

SL Agritech Corp. is set to export sometime this year super hybrid rice seeds to Vietnam as part of its effort to accelerate growth in its rice production.

Vehicle sales on the up and up in March

Vehicles being assembled in Vietnam saw a strong surge in March sales doubling February's figures.

Jaks Resources signs pacts for power plant in Vietnam

Jaks Resources Bhd has signed various memoranda of agreement in Vietnam on the proposed development of a 1,200-megawatt thermal power project in Hai Doung.

As tunnel sections are dropped, land prices go up

Since parts of the Thu Thiem underwater tunnel have been dropped into the river, people have talked about land price increases.

Vietnam PV Gas equitisation plans get official nod

The Vietnamese Government has approved the plans for the privatisation of PV Gas submitted by the National Oil and Gas Group.

Hanoi needs to invest $60 billion in the next 5 years

The investment budget needed for the development of Hanoi from 2010 to 2015 is estimated to be at USD60 billion.

AirAsia signs deal for new low-cost carrier in Vietnam

Malaysia's AirAsia has signed an agreement with VietJet Air to start a new low-cost carrier, tentatively called VietJet AirAsia.

Trip to Far East to benefit U.S farmers

A trip to Vietnam and South Korea is going to help farmers in Iowa expand their clientele.

PR event to provide winnings strategies in Vietnam

A 2-day conference will be held in HCM City on 27 - 28 May, to leverage on Vietnam's communication opportunities, and equip PR practitioners with effective skills.

East Asia 'needs reform to keep growing'

The World Bank raised its growth forecast for developing East Asia this year by almost a full percentage point to 8.7 per cent.

PVN to take over Dung Quat Oil Refinery

Contractors will hand over the Dung Quat Oil Refinery to Vietnam to put in full operation this April.

Vietnam lures Intel, Samsung as Asean woos companies from China

Vietnam hosts Southeast Asian leaders this week, shining a spotlight on the political and economic stability that prompted Intel and Toyota to increase investments.

Nissan sells locally-assembled cars in Vietnam

Japanese automaker Nissan says it is aiming for a greater share of Vietnam's recovering automotive market when it begins to sell locally-assembled vehicles on Tuesday.

Steel shares a big hit on market

Steel prices have risen four times this year, resulting in a surge in the share prices of all listed steel making companies.

S. Korea's Posco seeking to build another steel mill in Vietnam

South Korea's leading steelmaker said that it is seeking to build a steel mill with a capacity of 1 million tonnes in Vietnam as part of efforts to boost capacity.

Vietnam forest land fund running out as demand soars

Increasing numbers of people want to plant trees that they can harvest after a few years and make a fortune, but there is little forestry land left to parcel out.

Merger deals surge in Asia

Asian merger activity grew at a record pace in the first quarter, as investment bankers scrambled to help foreign firms tap the region's growing markets.