The Hanoitimes – The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister. Vietnam’s Ministry of Finance (MoF) on November 6 signed a cooperation framework to strengthen infrastructure finance […]
Read MoreWith Vietnam’s economic relationship with Cambodia being significantly stronger than its other Asean partners, Vietnamese ambassador Vu Quang Minh said the two countries’ trade volume will reach $5.2 billion annually. “The figure exceeds the $5 billion target set by the prime ministers of the two countries earlier,” he said. Total trade volume for 2018 reached […]
Read More[HANOI] Vietnam’s electricity firm EVN has signed five new deals to buy electricity from Laos starting from next year, the state-run company said. The south-east Asian nation faces severe power shortages from 2021, as demand outpaces construction of new plants, with demand expected to exceed supply by 6.6 billion kilowatt hours (kWh) in 2021, and […]
Read MoreThe Hanoitimes – The resolution is a necessary move to ensure sustainable development of Vietnam’s exports and lawful rights of local compliant traders. The Vietnamese government on December 31, 2019 issued Resolution No.119/NQ-CP with an aim to address rampant cases of origin fraud and illegal transshipment, in a move to show its determination to ensure fair […]
Read MoreThe Hanoitimes – The market is seen as an important place to exchange goods amid rising bilateral trade. A Hanoi-funded US$2 million border market in Cambodian Tboung Khmum province became operational on December 24, aiming to boost the bilateral trade. Cambodia’s Prime Minister Hun Sen presided over the inauguration ceremony together with Vietnam’s Deputy Prime Minister […]
Read MoreUsing a mobile app, truck drivers in Vietnam can now opt to pick up cargo from nearby locations on their empty vehicles during their return trip, thus earning extra income. In the past, up to 70% of trucks return home empty. For a country beset by high transportation costs owing to a highly fragmented logistics […]
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