Japanese-based Sumitomo Corporation has teamed up with logistics company Suzuyo and a Japanese public-private fund to take a 10 percent stake in Vietnam's Gemadept JSC. This activity aimed in the port operation and logistics business.
The government has continued to push for the increased use of rubber in the construction of roads nationwide by having rubber resin mixed with para soil cement.
The prospects of cement enterprises in the second half of the year will continue to improve, especially during the construction season at the end of the year, according to Chairman of the Vietnam Cement Association (VNCA) Nguyen Quang Cung.
Export revenues of the northern province of Thai Nguyen hit 13.9 billion USD in the first six months of the 2019, a year-on-year rise of 12 percent and equivalent to 50.4 percent of the yearly plan, reported the provincial People's Committee.
The EU-Vietnam Free Trade Agreement (EVFTA) has a positive impact on Vietnam's real estate market, especially the industrial real estate, said experts from Savills Vietnam.
The freshly-signed EU-Vietnam Free Trade Agreement (EVFTA) will help the Vietnamese steel sector expand export markets in Europe, industry insiders said.
Vietnam's industrial and economic zones attracted 340 foreign-invested projects with a total newly-registered capital of 8.7 billion USD in the first six months of 2019, according to the Ministry of Planning and Investment's Economic Zone Management Department.
The Mekong Delta province of Tien Giang shipped overseas 1.5 billion USD worth of products in the first half of 2019, up over 11.3 percent against the same period last year.
The Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Japan Bank for International Cooperation (JBIC) exchanged a credit contract worth 200 million USD to fund renewable energy projects in Vietnam.
The export value of wood and wood products reached nearly 5 billion USD in the first half of 2019, according to the Ministry of Agriculture and Rural Development.