On the streets of Hanoi, a quiet but powerful shift in transportation is underway.

More than 80 facilities and projects have been recognized for their innovative use of green energy in manufacturing.

The district's ambitious tourism development goals for the coming years focus on changing the structure of the rural economy to one based on trade and services.

Vietnam`s building materials industry aims to reach an export turnover of US$2 billion by 2020 and achieve a high level of automation by 2030, said Thai Duy Sam, Vice Chairman of Vietnam Association for Building Materials (VABM).

Vietnam’s seafood is facing numerous difficulties including steep anti-dumping tariffs from the US and the “yellow card” warning from Europe

The Ministry of Industry and Trade is studying to issue new policies on the wind power development to make it more attractive as the current low feed-in-tariff (FIT) regulation is hindering investors from pouring capital into this industry.

Toyota Vietnam (TMV) always aims to contribute to the prospect of Vietnam auto market, especially domestic production, a company representative told Hanoitimes.

PetroVietnam Power (PV Power), a subsidiary of Vietnam National Oil and Gas Group (PetroVietnam), is scheduled to hold its first ever annual general meeting on June 26, following the company`s initial public offering (IPO) in January.

It is hard for the Vietnamese government to achieve the target of having one million operational firms by 2020 because the number of firms going bankrupt is almost the same as the number of new ones, experts warned.

The massive entry of modern retail businesses raises the question whether local small-sized businesses and the traditional market can coexist with modernized industry, according to Korea International Cooperation Agency (KOICA).

Vietnam National Coal and Minerals Group (Vinacomin), Vietnam`s largest coal producer, said its pre-tax profit reached VND3 trillion (US$131 million) in 2017, nearly tripling the number in 2016, according to the group`s consolidated financial statement.

In May, Vietnam`s total export-import turnover reached US$40.86 billion, an all-time high yet and up 14.9% month-on-month, according to the General Department of Vietnam Customs.

Manufacturing and processing has retained its leading position in attracting foreign direct investment (FDI) in Vietnam with US$5.18 billion reported in the first five months of this year.

Binh Son Refinery and Petrochemical (BSR)`s after-tax profit in the first six months this year reached VND2.7 trillion (US$119.2 million), equivalent to 77.6% of the year target.

Double digit growth in revenue has made Vietnam’s retail sit atop the list of sectors with the highest number of newly-established enterprises to date this year.

Singapore-based Sunseap International along with its venture partners on June 8 broke ground for a 168-megawatt (MW) solar power plant in the central province of Ninh Thuan.

Although Vietnam`s economy maintained an uptrend in the first five months of 2018, growth rates in some industries and economic indicators have slowed down, making it difficult for the country to achieve this year`s targets.

Vietnam Electricity (EVN) is one step closer to issuing USD bonds and strengthening its financing capacity, following a Long-term Currency Issuer Default Rating (IDR) of "BB" with a "stable outlook" by Fitch Ratings.

Fitch Ratings has assigned Vietnam Electricity (EVN) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of `BB` with a stable outlook.

State-run energy giant Vietnam National Oil and Gas Group (PVN) reported its revenue in the first five months of this year at VND234.5 trillion (US$10.28 billion), 21% higher than the five-month target and meeting 40% of the year plan, the group announced on June 4.

For the first five months of 2018, Vietnam`s industrial production index has increased 9.7% in compared with the same period of last year, according to the General Statistics Office (GSO).

Vietnam mainly ships traditional products like garments-textiles, leather and footwear, timber products, machines and electronic equipment to the US.

Power shortages could be more severe than estimation, indicating a promising long-term outlook for PetroVietnam Power (PV Power), said a report by Viet Capital Securities (VCSC).