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Foxconn buys land for a new plant in central Vietnam

Foxconn buys land for a new plant in central Vietnam

Apple's supplier will deploy its new electronic component production project on a total area of 48 hectares in Nghe An province.

Insurance fund rejects $132 million, citing fraud

The Việt Nam Social Insurance Agency rejected VNĐ3 trillion (US$132.2 million) in health insurance fees in the first four months of this year, the agency reported at a meeting held recently.

Banks poised to increase capital by $1.6b

The banking system is expected to further develop this year, as 16 banks have announced plans to increase capital by a total of nearly VNĐ37 trillion (US$1.62 billion).

Thermal power plants next to HCM City raise concerns about pollution

The Ministry of Industry and Trade (MOIT) is consulting with Long An and HCMC local authorities about the location for the Long An Power Center, which HCM City opposes.

Vietnam & Bangladesh reach new agreement on rice trade

Vietnam will sell up to 1 million tonnes of rice to Bangladesh each year to 2022, under a deal reached between the two sides after two weeks of negotiations.

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