Hai Phong int’l container terminal project launched

Construction on the Hai Phong international container terminal (component B) began in Cat Hai district, the northern port city of Hai Phong, on May 12.
Hai Phong int’l container terminal project launched ảnh 1At the ground-breaking ceremony (Source: VNA) 

Hai Phong (VNA) – Construction on the Hai Phong international container terminal (component B) began in Cat Hai district, the northern port city of Hai Phong, on May 12.

The two 750m-long wharves in the component will sit on an area of 40ha each and cost a total of 321 million USD.

Once completed in 2018, the terminal will become the first deep-water port in the north, capable of receiving vessels up to 100,000 DWT.

It is also expected to be a major point connecting with international deep-water ports at Cai Mep-Thi Vai, making it easier for Vietnamese goods to navigate European and American markets.

Addressing the ground-breaking ceremony, Prime Minister Nguyen Xuan Phuc lauded the Saigon Newport Corporation, the Japanese Molnykit company and the Hai Phong international container port company for launching the project as scheduled.

He also thanked the Japanese government for providing support for Molnykit throughout the process.

Japanese Ambassador to Vietnam Fukada Hiroshi hailed the project as a symbol of Vietnam-Japan ties and a pilot one in infrastructure in the form of public-private partnership.

In order to put the port into operation in 2018, the PM asked investors, contractors and relevant units to seriously comply with commitments in the contract in line with the law, ensuring the progress and quality of the project.-VNA

VNA

See more

Czech Minister of Industry and Trade Lukas Vlcek speaks at the seminar (Photo: VNA)

Czech businesses ramp up pursuit of opportunities in Vietnam

The Vietnam – Czech Republic business networking seminar, held in Hanoi on July 11, opened up numerous prospects for cooperation between the two countries in key areas such as high technology, energy, mining, and the defence industry.

PVI Insurance shines bright with prestigious international awards

PVI Insurance shines bright with prestigious international awards

At the 2025 Insurance Asia Awards, held by Insurance Asia News in Hong Kong, PVI Insurance was the only company from Vietnam to win in all three main non-life insurance categories, Best General Insurer, Outstanding Claims Management and Best Digital Insurer of the Year.

On average, 1,065 cars were sold each day in June. (Photo: tinnhanhchungkhoan)

Car sales increase sharply in June

Passenger cars accounted for the largest number of sales with 22,934 vehicles, up 14.6% over the previous month. Meanwhile, sales of commercial vehicles reached 8,782, down 2%, while specialised vehicle sales reached 261, up 23% over the previous month.

Domestic revenue accounts for 1,158.4 trillion VND, or 69.4% of the yearly estimate. (Photo: VNA)

State budget revenue surges over 28% in H1

A total of 1,988 new projects were licensed in the first half, up 21.7% year-on-year, with newly registered capital amounting to nearly 9.3 billion USD. Foreign investors poured capital into 18 out of 21 economic sectors.

VinFast partners with BatX Energies to promote high-voltage battery recycling. (Photo: VNA)

VinFast partners with Indian firm to promote high-voltage battery recycling

Under the agreement, BatX Energies will provide VinFast with comprehensive solutions for high-voltage (HV) battery recycling, including the recovery of materials such as lithium, cobalt, and nickel, as well as battery repurposing at VinFast’s manufacturing facilities and after-sales network in India.

PM Pham Minh Chinh (centre, front row) and the USABC delegation. (Photo: VNA)

Prime Minister works with USABC to foster economic and investment ties

US businesses appreciated the increasingly favourable investment and business environment in Vietnam, as well as the country’s strong commitments, vision, and concrete actions, particularly the administrative streamlining efforts. They reaffirmed their commitment to long-term investment, production, and business cooperation with Vietnam in the coming period.

Delegates at the fifth meeting of the Vietnam-Pakistan Joint Subcommittee on Trade in Hanoi on July 11. (Photo: MoIT)

Vietnam, Pakistan seek sustainable trade growth

Vietnam and Pakistan have seen steady growth in bilateral trade, with an average annual increase of over 6.7% between 2017 and 2024. Two-way trade reached over 850 million USD last year and approximately 327.5 million USD in the first five months of 2025.

New real estate developments in Thủ Thiêm urban area (Photo: VNA)

HCM City approves 17 housing projects for foreign ownership

The HCM City Department of Construction will publish detailed project information on its official portal and has been instructed to inspect four other projects with foreign involvement in sensitive areas: Hung Vuong 1 – R16, Hung Vuong 2 – R13, Star Hill – C15B (former District 7), and The Prince Residence (former Phu Nhuan district).

Workers remove unripe (green) coffee cherries to ensure quality raw materials for specialty coffee production. (Photo: VNA)

2025 coffee exports hit target, set for record 7.5 billion USD

According to the Ministry of Agriculture and Environment (MAE), Vietnam exported an estimated 953,900 tonnes of coffee worth 5.45 billion USD in the first six months of 2025, increasing by 5.3% in volume and 67.5% in value compared to the same period in 2024.

CBRE's press conference announcing the real estate market report for Q2 2025 was held in Hà Nội on July 10. (Photo: VNA)

Hanoi’s condo market sees Q2 surge in high-end supply

In a report on the capital city's property market in Q2 2025 published on July 10, CBRE experts revealed that nearly 6,850 new apartment units were put on the market in Q2, almost doubling the supply from the first quarter. ​