A billion-dollar gas-fired power project, crucial to Vietnam's energy security, is on the brink of collapse due to a bitter land dispute between state-owned PetroVietnam Power and a local industrial park developer.

The Ministry of Planning and Investment (MPI) has issued new regulations to standardize bidding activities across Vietnam, aiming to improve transparency and efficiency in public procurement.

The South Korean conglomerate, already a major investor in Vietnam, plans to further expand its presence in the country with new projects in advanced materials, biofuels and ATMs. The move comes as Vietnam solidifies its position as a manufacturing powerhouse in Southeast Asia.

Ministry of Transport shows unease as 2025 completion target at risk

Vietnam's Cai Mep international container port has been officially authorized to accommodate the world's largest container ships, marking a significant milestone for the nation's maritime industry.

Hanoi Unveils '5 Determinations, 5 Guarantees, 5 Accelerations' Plan to Boost Growth and Stability