The Prime Minister has approved the restructuring of Vietnam Railways (VNR) to reduce the number of its subsidiaries.

Regulations and standards regarding export of processed products to Switzerland will be introduced at a consultation to be held by the Vietnam Trade Promotion Agency (Vietrade) at the Ministry of Industry and Trade (MoIT) on April 20.

Vietnam’s tra (pangasius) fish sector is seeing a strong recovery after three years of gloom.

Foreign investment poured into real estate hit almost 2.7 billion USD in the first quarter of this year, outpacing the figure of the entire 2021, according to the Ministry of Planning and Investment.

Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Vietnam Macro Monitoring report recently released by World Bank.

Fertiliser companies reported profit up by 5-10 times in the first quarter of this year compared to the same period in 2021, mainly thanks to the strong increase in average selling prices.

Residential real estate is one of the segments considered by Vietnam Report Joint Stock Company (Vietnam Report) as having strong growth potential in the property market. Accordingly, the new supply and the expectation of a high floor price will increase profit margins for real estate businesses.

The index of industrial production in the first quarter continued to flourish with a year-on-year increase of 7.07 percent, the General Statistics Office said.

The shipment of nine modules for the oil and gas pipeline system at the methanol plant of the Sarawak Petrochemical Refinery has left Republic of Korea’s heavy industries Doosan Vietnam (Doosan Vina)’s port for installation at the Sarawak Refinery located in the coastal Bintulu City, Malaysia.

An IT park covering an area of about 274 hectares will be built in the northern province of Bac Ninh, according to a decision by the provincial People’s Committee.

The central southern province of Ninh Thuan has been focusing on developing its marine economy in a comprehensive, sustainable, and modern manner.

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.

Vietnam exported 1.48 million tonnes of rice, worth 715 million USD, in the first three months this year, up 24 percent in volume and 10.5 percent in value against the same period last year.

A consultation session on export to the Algerian market will be held on April 19 in Ho Chi Minh City as part of activities in the national programme on trade promotion in 2022, according to Deputy Director of the Trade Promotion Agency of the Ministry of Industry and Trade (MoIT) Le Hoang Tai.