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Bridgestone starts work on Hai Phong plant

Bridgestone Tyre Manufacturing Vietnam, an affiliate of Japan's Bridgestone Corporation, ln Feb. 1 was granted an Investment Certificate to build a car tyre manufacturing plant in Hai Phong City's Dinh Vu Industrial Zone.

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PM approves trade strategy, during 2011-30

Prime Minister Nguyen Tan Dung has signed a decision to ratify an import/export strategy for the period 2011-20 with an orientation towards 2030.

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WB supports Vietnam to tackle climate change

The World Bank (WB) on Feb. 2 approved a 70 million USD credit project to help Vietnam tackle climate change challenges.

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HCM City bourse to launch VN30 index

The VN30, a new index representing top 30 shares in terms of both market capitalisation and liquidity, will be launched on the HCM Stock Exchange (HOSE) on Feb. 6.

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Bio-ethanol plant rolls out first batch of product

Dung Quat Bio-Ethanol Plant located in the Dung Quat Industrial Zone in the central province of Quang Ngai on Feb. 3 turned out the first batch of product after 33 months of construction and trial operation.

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Vietnam Airlines launches promotion on int’l flights

The southern office of the national flag carrier Vietnam Airlines on February 3 announced airfare discounts on many international flights until March 3.

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VN targets 40 bln USD in agro-forestry-seafood exports

Vietnam sets a target of earning 40 billion USD from exporting agro-forestry-seafood products and attaining a production value of 70 million VND per hectare of agricultural land by 2020.

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Market brightens for industrial park developers

Things are looking up for the industrial park property market this year with many projects likely to be implemented with "multi-use" components, according to property service provider CB Richard Ellis (CBRE) Viet Nam.

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Economic downturn slows auto sales

Vietnam imported 3,000 complete built unit (CBU) automobiles worth 45 million USD last month, a 49.8 percent drop in volume and a 55.1 percent fall in value from January 2011, according to the General Statistics Office (GS0).

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Global crisis hits business confidence in Vietnam

Vietnam 's Business Confidence Index (CBI) fell from 123 to 116 points between the third quarter of 2011 and January 2012 due to global economic turmoil.

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