Chairman of the Indonesian Iron and Steel Industry Association (IISIA) Purwono Widodo on November 7 said that the Southeast Asian country’s steel demand surges in 2023 due to the construction of major national projects.
Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.
The monthly average income of Vietnamese labourers in 2023 reached 7.1 million VND (over 291 USD) per person, up 6.9% compared to 2022, according to the General Statistics Office (GSO).
Despite experiencing a sharp decline in the last quarter of 2022 and the first month of 2023, tra fish (pangasius) exports still see bright outlook this year, according to insiders.
The domestic search volume for tourism in July surged by nearly 8 folds year-on-year, and by 3 times compared to the beginning of March 2022 when the country started to re-open tourism.
Singapore Airlines has scheduled to resume regular commercial flights to central Da Nang city of Vietnam from March 27 after a two-year hiatus due to the COVID-19 outbreak.
Retail petrol prices increased by nearly 1,000 VND per litre from 3pm on October 11 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.
Binh Son Refining and Petrochemical JSC (BSR) has operated Dung Quat Oil Refinery at 108 percent of the refinery’s design capacity in a safe and stable fashion in February to meet the domestic market’s increasing demand during traditional Lunar New Year.
Vietnam, for the first time in decades, has signed a contract with India to buy 70,000 tonnes of 100-percent broken rice from India to meet increasing demand of this kind of rice in the domestic market for producing animal feed.
The national consumer price index (CPI) in July grew by 0.4 percent against June and 3.39 percent year-on-year, the General Statistics Office (GSO) reported on July 29.
The increasing demand for food delivery applications has helped spread the trend of central kitchens from China, India, Japan and Indonesia to Vietnam.
The Vietjet Air on January 20 inaugurated its route linking Ho Chi Minh City in the south and Van Don island district in the northeastern province of Quang Ninh, the low-cost carrier announced the same day.
Although the cold chain logistics sector in Vietnam is considered small and fragmented, the market has shown signs of improvement due to the increasing demand for high quality products.
Thailand’s Government expects to earn 11.54 billion baht (328 milllion USD) from selling 1.11 million tonnes of rice in government stockpile to 29 contractors in the July auction.
The central coastal province of Thua Thien Hue will build and upgrade 15 bus stations and 42 car parks within the next five years to meet with the increasing demand.
