Automobile sales decrease in August Business

Automobile sales decrease in August

Sales of automobiles saw a month-on-month decline of 19 percent to about 21,480 vehicles in August, according to the Vietnam Automobile Manufacturer Association (VAMA).
Gov’t to loosen conditions for auto imports Business

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.
Chu Lai port welcomes biggest-ever container ship Business

Chu Lai port welcomes biggest-ever container ship

Chu Lai Port, the Maritime Administration and Quang Nam Border Guard Force have recently welcomed SITC HEBEI, the largest and longest container ship to ever berth at the port, with goods it brought from the Republic of Korea.
Military official demands resumption of AO victim’s lawsuit Society

Military official demands resumption of AO victim’s lawsuit

Major General Tran Ngoc Tho, former Chief of Staff of Military Region 7, sent a letter on April 16 to US courts to demand the resumption of the lawsuit filed by Vietnamese victims of Agent Orange (AO) in 2004 against 37 US chemical firms, including Monsanto and Dow Chemical.
Nearly 15.9 mln USD of FDI poured into Quang Nam in Q1 Business

Nearly 15.9 mln USD of FDI poured into Quang Nam in Q1

The central coastal province of Quang Nam has attracted eight foreign direct investment (FDI) projects worth nearly 15.9 million USD so far this year, lifting total FDI projects in the locality to 176 with a total investment of over 5.8 billion USD.
Blue Whale gas field project to be launched in Quang Nam Business

Blue Whale gas field project to be launched in Quang Nam

Deputy head of the Party Central Committee’s Economic Commission and Chairman of the Vietnam Oil and Gas Group’s Member Council Tran Sy Thanh held a working session with authorities of the central province of Quang Nam on March 1 to discuss the launch of Blue Whale gas field project – the largest of its kind in Vietnam.
Auto imports in January 46 times higher than last year Business

Auto imports in January 46 times higher than last year

Vietnam imported nearly 11,700 cars worth more than 273 million USD in the first month of 2019, marking the fifth consecutive month with a volume of at least 10,000 units, according to statistics from the General Department of Vietnam Customs.
Local car maker to export to ASEAN, US Business

Local car maker to export to ASEAN, US

The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.
Quang Nam province attracts 5.8 billion USD in FDI Business

Quang Nam province attracts 5.8 billion USD in FDI

The central province of Quang Nam licensed 26 new foreign direct investment (FDI) projects with total capital of nearly 300 million USD in 2018, bringing the total number of FDI projects in the province to 169, worth 5.8 billion USD.
Vietnam Airlines expands domestic network Business

Vietnam Airlines expands domestic network

The national flag carrier Vietnam Airlines has announced that it will launch two new domestic routes connecting Ho Chi Minh City and Chu Lai, and Da Nang city and Can Tho city ahead of the Lunar New Year 2019 (Tet).