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Ba Ria-Vung Tau (VNA) – The first phase of the Germalink international port was put into operation with the welcoming of first commercial vessel on January 19.Cai Mep River in Phu My town of the southern province of Ba Ria-Vung Tau.deep sea container port in Cai Mep – Thi Vai area with 1,150m main berth and 370m feeder berth. The first phase includes 800m main berth for mother vessel, 260m side berth for feeder on the 33ha area. The port capacity in the first phase is 1.5 million TEUs per year. The whole project capacity is 2.4 million TEUs per year. … [Read more...] about Germalink port receives first commercial vessel

Hanoi (VNA) – Vietnam has started to emerge as the latest Asian nation with a strengthening position in the region, and a future high potential for economic growth, wrote Murat Ungor, a Senior Lecturer, Department of Economics, University of Otago in his article run by New Zealand’s website asiamediacentre.org.nz on January 18. In the article, the author cited data from the World Bank as saying that the country’s  gross domestic product (GDP) grew by 7 percent in 2019, similar to 2018, one of the fastest growth rates in the region. It is argued that if Vietnam can maintain a 7 percent increase in economic growth over the next decade, the country will follow the same trajectory as the previous "Asian Tigers,”  according to the article. International trade was also progressively liberalised, with the signing of various free trade agreements, it said, adding that the World Bank now considers Vietnam one of the most dynamic emerging … [Read more...] about New Zealand media: Vietnam – the time has come

A number of earthquakes and aftermaths hit Majene district and the coastal city of Mamuju in West Sulawesi on January 14-15. The death toll has risen to 81, including 70 in Mamuju. … [Read more...] about Indonesia records nearly 4,000 deaths from disasters, pandemic since 2021

Hanoi (VNA) – Senior officials of ASEAN member countries met online on January 19 to discuss preparations for the upcoming ASEAN Foreign Ministers’ Retreat (AMMR) that is slated for January 21. Speaking at the event, the head of SOM ASEAN of Brunei said that with the ASEAN 2021’s theme of “We Care, We Prepare, We Prosper,” Brunei hopes to build on the achievements that the association gained in 2020, with focus on the people and sustainable development, building a regional architecture ruled by law, upholding multilateralism and supporting an open multilateral trade system. Participants exchanged their ideas on work that need to be done since after the 37th ASEAN Summit and related meeting, including a mid-term report on the implementation of the ASEAN Political-Security Community (APSC) Blueprint and the strengthening of inter-pillar and inter-sectoral coordination towards the building of the Post-2025 ASEAN Community Vision. They … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat

New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months