Rescued MoIT projects make little progress Business

Rescued MoIT projects make little progress

Three years after the implementation of a government directive aimed at salvaging 12 failed business projects under the Ministry of Industry and Trade (MoIT), little progress had been made and the majority were still losing money, according to a recent Government report submitted to the National Assembly.
NA Standing Committee discusses draft law on PPP Politics

NA Standing Committee discusses draft law on PPP

The National Assembly Standing Committee discussed a draft law on public-private-partnership (PPP) projects, composed by the Ministry of Planning and Investment (MPI), during its 37th session in Hanoi on September 16.
Vietnamese startups to reach unicorn status soon Business

Vietnamese startups to reach unicorn status soon

As Vietnam, one of the hottest startup hubs in the world, is welcoming a huge wave of venture capital, its tech startup firms are expected to quickly reach the unicorn status, which means they are valued 1 billion USD or more, according to insiders.
Startups having a hard time accessing capital Videos

Startups having a hard time accessing capital

Vietnam has about 3,000 innovative startup businesses or startups. However, not many startups are successful in calling for investment. It is estimated that less than one-third of enterprises have acc
Vietnam’s road sector forecast to grow 7.2 pct in 2019 Business

Vietnam’s road sector forecast to grow 7.2 pct in 2019

The expansion of Vietnam’s road network would continue in the next decade in order to support growing freight transport volumes due a projected increase in economic activity, Fitch Group’s Fitch Solutions Macro Research forecast in a report released on May 14.
Solar plants face a consumption crisis Business

Solar plants face a consumption crisis

Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.