PetroVietnam Exploration and Production Corporation (PVEP) on Monday recorded its 10 millionth oil barrel at Block 433a & 416b of the Bir Seba mine in the Sahara Desert, Algeria.

 Tra fish (pangasius) prices skyrocketed last month, reaching a 10-year high, but experts warn that export of this seafood product could be unstable this year.

Textile and garment businesses of Vietnam hold considerable opportunities to sell their products to the European Union via the world’s leading online shopping channel Amazon, foreign experts said at a seminar in Hanoi on May 10.

Rudolf Hever, Director of Hotels at Savills Asia Pacific, casts his eye over Vietnam's condotel market.

 A joint venture of the PetroVietnam Exploration and Production Corporation (PVEP), Groupment Bir Seba (GBRS), has produced 10 million barrels of oil after 20 months of exploitation in Algeria’s Sahara Desert.

 Vietnam exported $16.7 billion worth of goods in April, raising the total export turnover in four months to $61.3 billion, a year-on-year increase of 15.4 percent, according to the General Statistics Office.

 The Vietnamese mechanical industry will have more opportunities to improve their competitiveness if they apply technologies to meet the standards of the so-called fourth industrial revolution, experts have said.

 The central province of Thanh Hoa is calling for over US$5 billion in foreign direct investment (FDI) and domestic direct investment (DDI) for 50 projects by 2020.

The Vietnam E-commerce Association will organize the Vietnam eTrade Conference in Hanoi on May 16 to assist businesses and related organizations to better implement e-commerce in import-export activities.

More than $400 million was spent during the first quarter of this year on importing coal, newly-published figures from the Vietnam Industry and Trade Information Center reveal. Volume increased 1.6 per cent year-on-year and price 90.6 per cent.

 The American Food and Drug Administration (FDA) has cancelled the import licences of 679 Vietnamese food and beverage manufactureres that did not re-register with the agency as required, or did so without following current procedures.

 Multinational companies focus on building talent management strategies right from the early stage of their businesses, but many of their Vietnamese counterparts do not, a seminar heard in HCM City on Tuesday.

 Grant Thornton Vietnam Limited’s 16th survey of the Vietnamese private equity sector showed largely positive economic progress and optimism for the country’s level of investment attraction.

 Total sugar inventory at factories and trading companies by the end of April reached a record high in the history of the local sugar industry, according to the Viet Nam Sugar Cane and Sugar Association.

 The upcoming World Economic Forum on ASEAN is expected to be a chance for Vietnam to affirm its role in and responsibility towards the ASEAN and the region and to promote the country’s growing cooperation with the WEF.

 Vietnam’s foreign direct investment (FDI) disbursement in the first four months of 2017 was estimated at USD4.8 billion, up 3.2% on-year, however, this is quite low compared with 12% growth over the same period of 2016.

 Moody’s Investors Service has said that Vietnamese banks will face capital shortfalls over the next 12-18 months and that such a situation continues to represent a key credit burden for the industry.

Carlsberg CEO Cees’t Hart said on May 4 that negotiations with the Ministry of Industry and Trade over an additional stake in Habeco has been “hot, complicated, and cumbersome.”

 After leaving its project in South Cam Ranh Industrial Zone in the central province of Khanh Hoa abandoned for eight years, Shipbuilding Industry Corporation (SBIC) may soon lose its licence to develop the project.

 Vietnam is attracting a large amount of FDI, but the Ministry of Planning and Investment (MPI) called attention to the quality of the capital and the speed at which it is disbursed, instead of the registered amount.