Pursuant to the 42nd APA Meeting held in Manila, Philippines on 15-16 November 2016, the 43rd APA Meeting was held on 15-16 November 2017 in Vung Tau, Vietnam. The meeting was attended by delegates from Brunei Darussalam, Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Mr. Le Cong …
Read More »PT Intra Asia Indonesia to build $1-billion coal port in Vietnam
Seeing opportunities in Vietnam’s increasing demand for imported coal, Indonesian firm PT Intra Asia Indonesia is seeking the opportunity to build a coal port in southern Vietnam with a total investment capital sum of $1 billion. PT Intra Asia Indonesia to build $1-billion coal port in Vietnam, vietnam economy, business …
Read More »City to tackle smuggling, trade fraud at port
HCM City plans to step up enforcement against smuggling and trade fraud to cope with the increasing number of violations, especially at Cát Lái Port in HCM City. A number of smuggling cases have taken place at international ports, especially at Cát Lái Port, the country’s largest international container port. …
Read More »VPA ANNUAL MEETING 2017
The Vietnam Seaports Association (VPA) Annual Meeting 2017 is scheduled to be held at Muong Thanh Luxury Hotel Da Nang on September 14, 2017, hosted by Da Nang Port. Participants to the Meeting include directors and key managers from 69 member ports; senior officials from the Government Office, Ministry of …
Read More »Vinamilk seeks to buy second U.S. dairy company in growth push
Vietnam Dairy Products JSC, Southeast Asia’s biggest milk producer by market value, is in talks to buy another U.S. company as it accelerates acquisitions to expand globally and drive revenue. The company, known as Vinamilk, expects the deal to close as early as next year, Chief Executive Officer Mai Kieu …
Read More »Vietnam plans IPO for Dung Quat refinery by June 2017
Vietnam aims to privatise its $3 billion Dung Quat oil refinery by June 2017, with energy firms from Russia, Thailand and Kuwait expressing interest in taking a strategic stake, the head of the refinery’s operator said on Wednesday. Vietnam is trying to accelerate the sale of stakes in state firms, …
Read More »Vietnam to shut Nam Con Son gas pipeline for maintenance
Vietnam’s Nam Con Son gas pipeline will be shut from Friday for periodic maintenance, cutting natural gas supplies to power plants responsible for 13.5 percent of the country’s electricity output, a company official said on Tuesday. “The pipeline will undergo the maintenance, which is conducted every five years, so it …
Read More »From steaks to furniture, Hanjin Shipping collapse to raise freight costs
The collapse of Hanjin Shipping will boost the cost to U.S. businesses and consumers of a wide range of imported goods, from furniture and clothing to fresh fruit and frozen meat, according to federal agencies, shippers and retailers. With Hanjin’s future in doubt, carriers have announced they will hike container …
Read More »Vietnam gov’t firm on GDP target
The Vietnamese government is adamant that it will be able to meet an economic growth target of 6.7 percent for this year, despite outlooks suggesting the real rate might be much lower. After the opening of the third session of the 14th lawmaking National Assembly on Monday, Prime Minister Nguyen …
Read More »Vietnam set to approve coal-fired power plants worth $7.5 bln
Vietnam expects to grant investment licences for three coal-fired power plants worth a combined $7.5 billion, the country’s investment minister said. Although Vietnam wants to boost renewable energy output amid resources scarcity and environmental issues, it has been mostly reliant on coal-fired and hydro power plants to meet its annual …
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Vietnam Seaports Association