Illustrative photo.

Vietnam coffee prices steady

Domestic robusta prices in Vietnam were steady this week on both thin supply and buying demand, with traders keeping close eyes on the weather and COVID-19 prevention policies ahead of the main harvest season next month. 

Vietnam welcomes US’s practical assistance for Mekong nations: ambassador

Vietnam welcomes the US Government’s strong commitment and practical actions to strengthen its cooperation with and support for Mekong countries, notably the donation of millions of doses of vaccines and many medical equipment serving COVID-19 prevention and control in the region, said a Vietnamese official.

Ho Chi Minh City plans better housing for workers

(SGI) - Ho Chi Minh City is currently making immense efforts to revive manufacturing units once again, as the pandemic conditions begin to ease and life is returning back to a new normal. 
Vietnam imposes duties on imported steel wire, rolled steel

Vietnam imposes duties on imported steel wire, rolled steel

The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade announced that it has recently issued a decision on application of measures to prevent imported steel wire and rolled steel products from avoiding trade remedies.

Constraints in developing recycle energy

Constraints in developing recycle energy

In the last few years, the Vietnamese government has been keenly interested in developing solar and wind power projects. These plants have attracted many foreign as well as domestic investors. However, many constraints still remain in developing recycle energy.
Trade war-scenario analysis and preparedness

Trade war-scenario analysis and preparedness

The trade war between US and China is entering a highly stressful period as both sides are determined to prove their strength by tough responses and heavy penalties on each other. SGGP Investment & Finance had discussions with several experts to clarify what the impact of this trade war would be on the economy in USA, China, Vietnam and other countries.

Feasibility of solar power projects

Feasibility of solar power projects

Currently many solar power projects worth thousands of billion dong are under construction. As with BOT projects, banks are in the forefront to avail the many opportunities to do business with solar power operators. However, feasibility of this green technology is as constrained as sale of electricity to EVN, the sole wholesale electricity buyer in Vietnam.

Bottle Necks in High-Tech Agriculture

Bottle Necks in High-Tech Agriculture

In 2017, the government issued Resolution 120/NQ-CP for the development of a sustainable agricultural industry to proactively respond to recurring climate change and achieve 80% contribution ratio in total agricultural production in the Mekong Delta. However, even the application of high technology in agriculture to improve quality in production has not been effective as it continually faces several barriers which now need to be clarified and resolved.

Solar power projects should not depend on bank loans

Solar power projects should not depend on bank loans

Solar power projects usually need huge capital investment of thousands of billion dong. Hence, they are mainly funded through bank loans. The past lessons learnt from the ineffectiveness of BOT projects, which have also mainly depended on bank loans, is reason to exercise caution now in loans for solar power projects.

HCMC Science-Technology Business Club launched

HCMC Science-Technology Business Club launched

A new club specially for science-technology companies in Ho Chi Minh City (HCMC) was formally launched in yesterday conference ‘Developing Science-Technology Businesses in HCMC’.


The US has been carrying out antidumping investigation on made-in-Vietnam plywood. (Photo: SGGP)

US market no longer comfortable for Vietnamese enterprises

The US Government has recently increased import tariffs on goods imported from China which in short term might create certain advantages for exported goods of Vietnam; however, according to many enterprises, in long term, the US market is no longer a potential and comfortable market.

Dollar exchange rate makes new record

Dollar exchange rate makes new record

The State Bank of Vietnam continued to raise reference exchange rate by VND10 per dollar on May 15 sending the US dollar exchange rate against the Vietnamese dong to a new record high of VND23,064 per dollar.

Vietnam expects large-scale FDI projects

Vietnam expects large-scale FDI projects

Although in the first four months of this year, registered foreign investment capital into Vietnam hit a record high, there was no large-scale project. According to experts from the Ministry of Planning and Investment, the first-billion-dollar project this year will possibly be a project from Hong Kong (China): Weijia Textiles Vina.