Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

LSP Invests US$700 Mln in Ethane Feedstock Project to Boost Sustainable Growth and Competitiveness

Long Son Petrochemicals (LSP) recently announced a US$700 million strategic investment to upgrade its facilities to use imported Ethane from the United States of America as an additional raw material. With this strategic move, LSP can significantly enhance its competitiveness through lower feedstock costs, higher operational flexibility, and lowering carbon emissions. The project is expected to be completed by the end of 2027.

Fri, Nov 08, 2024, 09:00:00

Vietnamese Goods Week brings vibrant showcase to Thai province

The annual Vietnamese Goods Week has arrived in Udon Thani province of Thailand, transforming it into a vibrant marketplace for Vietnamese products.

Fri, Nov 08, 2024, 09:00:00

E-commerce opens more doors for Vietnamese enterprises in EU: expert

Since the pandemic, both consumers and companies have increasingly shifted to online practices, making the EU a potential e-commerce market.

Fri, Nov 08, 2024, 04:10:00

Increasing opportunities for exporting agricultural products to China by rail

China is the largest export market for Vietnamese agricultural products and fruits. With increasing demand, exporting agricultural products by rail to this billion-people market is a potential and promising direction.

Fri, Nov 08, 2024, 04:10:00

What Trump’s victory means for FED, USD and tariffs

Donald Trump’s victory could strongly impact the FED monetary policy, US dollar and tariffs on imports to the US.

Fri, Nov 08, 2024, 04:10:00

Implementation woes hinder clean energy projects

The absence of a comprehensive power purchase framework is creating significant obstacles for Vietnam’s renewable energy sector, leading to financial losses for existing projects and deterring future investment.

Fri, Nov 08, 2024, 04:10:00

Coro's solar projects in Vietnam gain traction

UK-based Coro Energy PLC announced on November 6 that 27 sites of around 0.8MW are now operational and generating revenue in Vietnam.

Fri, Nov 08, 2024, 04:10:00

“Greening” the textile, garment and footwear industry: Motivation from challenges

Vietnam's textile and footwear industry is facing great pressure to satisfy more demanding requirements from international brands and national commitments on emission reduction while the input material and production costs are escalating.