Monday, July 23, 2018 (GMT+7)
Economy
PVEP aims to exploit 4.06 million tonnes of oil in 2018

PVEP aims to exploit 4.06 million tonnes of oil in 2018

The PetroVietnam Exploration Production Corporation (PVEP) is taking a serious of measures to realise its set target of extracting 4.06 million tonnes of oil equivalent in 2018.

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News
Vietnam’s smart city plans lack specifics

Major economic hubs of big cities and provinces nationwide have announced ambitious multi-billion dollar projects to become smart cities, well-equipped to take advantage of opportunities presented by the digital age.

High rent hampers retail growth


Retail companies are racing to expand but are challenged by high rental costs in major cities.
Military businesses
Viettel earns profits in eight out of international markets

PANO - As of this June, the Military Industry-Telecoms Group Viettel gained profits in eight out of its ten international markets, namely Peru, Cambodia, Laos, Haiti, Burundi, East Timor, Mozambique and Cameroon.

Dreams and ambitions inspire creativity


PANO - The Military Industry-Telecoms Group (Viettel) recently held a ceremony to honor individuals and groups of Viettel with outstanding achievements in the year of 2017. At the event, Major General Nguyen Manh Hung, CEO of Viettel, stressed the importance of dreams and ambitions as the inspiration for creativity.
International Cooperation
Egyptian newspaper hails cooperation prospects with Vietnam

Vietnam and Egypt hold great potential for cooperation in marine economy and tourism, according to Al Messa, one of the most prestigious Egyptian daily newspapers.

Vietnam-Japan joint venture build logistics centre


Vina-Japan Shirogane Logistics Company Ltd on July 19 broke ground for a 5.4 million USD logistics centre at the Phu My 3 Specialised Industrial Park in the southern province of Ba Ria-Vung Tau.
Special reports
Maritime cargo shipping sees positive growth in first half of 2018

Cargo shipping has seen positive growth in the first six months of the year, with 254.8 million tonnes handled via the country’s seaports, up 17 percent on last year.

Vietnamese firms advised to embrace links with foreign retailers


The Ministry of Industry and Trade has built a project promoting the engagement of Vietnamese enterprises in foreign distribution systems through 2020 given the modest proportion of the country’s direct exports to overseas markets.

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