Capital shortage – headache for construction firms

Hanoi: Domestic construction companies will continue to face difficulties in the second quarter of this year with capital shortage top of their problems, a report has revealed.

Up to 42.2% of surveyed firms said they met more difficulties in Q1; 41.5…

Vietnam’s economy shows gradual recovery: WB’s report

Hanoi: Vietnam’s economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.

Tra fish export to UAE jumps 67% in Q1

Hanoi: Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.

Tra fish ex…

HCM City seeks to draw remittances in infrastructure

HCM City: A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment …

Lao Cai province calls for more Japanese investments

Tokyo: The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.

Addressing the event, Ambassador Pham Quang Hieu stressed t…

Prime Minister hosts Indonesian Foreign Minister

Hanoi: Prime Minister Pham Minh Chinh hosted a reception in Hanoi on April 23 for Indonesian Foreign Minister Retno Marsudi, who is now on an official visit to Vietnam and to co-chair the fifth meeting of the Vietnam-Indonesia Joint Committee on Bilat…

Japanese Ambassador receives friendship insignia

Hanoi: The Vietnam Union of Friendship Organisations (VUFO) on April 23 held a ceremony to present the ‘For peace and friendship among nations’ insignia to Japanese Ambassador to Vietnam Yamada Takio.

Speaking at the ceremony, VUFO President Phan Anh…