Vietnamplus

A year-on-year drop of 9.6 percent was seen in crude oil exploitation in November this year to 1 million tonnes, according to the Ministry of Industry and Trade.

A global glut of coffee has come to an end, and the price of coffee is likely to go up in the near future, according to industry insiders.

Work on the US-funded Dioxin Remediation at Bien Hoa Airbase Project in the southern province of Dong Nai began on December 5.

Vietnam shipped abroad more than 3.72 million tonnes of crude oil worth over 1.87 billion USD in the first 11 months of 2019, up 3.3 percent in volume but down 8.4 percent in value year-on-year, according to the General Department of Vietnam Customs.

Vietnam’s coffee sector needs to have strategies to improve material quality and step up intensive processing to increase export value and incomes for farmers as well as develop Vietnamese coffee brand, said experts at the Vietnam Coffee Week in HCM City on December 4.

The Hanoi Stock Exchange (HNX) held 25 auctions in November, mobilising over 26 trillion VND (1.12 billion USD) worth of G-bonds, up 29 percent from the previous month.

Free trade agreements (FTAs) have created opportunities for food imports and foreign investment in the domestic food industry, according to experts.

Seaports nationwide handled nearly 550 million tonnes of cargo in the January-October period, including nearly 16 million TEUs of containers.

Thailand’s ranking in production of the world’s marine garbage volume has improved due to a remarkable decrease in the amount of single-use plastic and foam containers, reported the National News Bureau of Thailand (NNT).

Seaports nationwide handled more than 544.3 million tonnes of cargo in the January-October period, including nearly 16 million TEUs of containers, according to statistics of the Vietnam Maritime Administration.

The Hanoi-based Noi Bai International Airport will be expanded to serve 100 million passengers per year, becoming more suitable to the development space of Hanoi and minimising impacts on related planning schemes.

Ford Vietnam will invest an additional 1.9 trillion VND (82 million USD) in expanding its automobile assembly and production factory in the northern province of Hai Duong.

The ASEAN and the Republic of Korea (RoK) have called for close cooperation for common prosperity through expanding trade agreements and promoting security and stability in the region.

While there is much more data than ever before and digital technologies are growing very fast, there is a huge shortage of human resources, experts have told a conference at the Hoa Sen University in Ho Chi Minh City.

Although the Unlisted Public Company Market (UPCoM) attracts less attention from investors than the Ho Chi Minh and Hanoi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.

Philippine President Rodrigo Duterte has ordered a halt in rice imports after prices of the staple fell more than a fifth during the last nine months, hurting millions of local famers.

Real Bean Coffee, Trung Nguyen Legend and Lamant Coffee won the gold, silver and bronze prizes at the first Vietpresso Contest held in Ho Chi Minh City last week.

Phnom Penh international airport in Cambodia was named the best airport of the year in the Asia Pacific by the Centre for Asia Pacific Aviation (CAPA).

Prime Minister Nguyen Xuan Phuc has instructed the Ministry of Finance (MoF) to look at taxes and fees related to automobile manufacturing and assembly in order to help the sector grow.

Consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).