The Ministry of Industry and Trade has announced a plan to build two nuclear power plants in the central province of Ninh Thuan which will be operational from 2020 to 2022.

The value added ratio in Vietnamese industrial products have seen gradual depreciation in the past few years, according to the Ministry of Industry and Trade.

Industrial production in HCM City rose around 12.8 per cent over 2007, reaching nearly VND122 trillion (US$7.4 billion) in the first nine months of this year, according to the municipal People’s Committee’s website. Among economic sectors, foreign investors headed the growth rate at 19 per cent, recording about VND41.7 trillion ($2.5 billion) in value.

The PetroVietnam Power Company (PV Power) and Industrias Metalurgicas Pescarmona (IMPSA) of Argentina signed an agreement to jointly build a US$2.35 billion wind and hydro power plant in Ha Noi on Tuesday.

Industrial production value in September fell to its lowest compared to the monthly average earlier in the year, the General Statistics Office has reported.

Participants at the second Vietnam Economic Forum in Ha Noi yesterday discussed the importance of developing human resources and infrastructure in Vietnam. Below is a summary of some of the presentations.

Viet Nam plans to expand electronics and information technology, the garment industry, leather-shoe manufacturing, car-making and mechanical manufacturing from 2010-20 with support from Japan.

When Phan Anh Tuan worked for construction companies in Hanoi three years ago, he spent hours at open-air market and machinery trading companies to find parts for construction machines.

According to the Ministry of Industry and Trade, in 2020-2025, Vietnam’s automobile market will boom as less-than-10-seat cars will dominate the market. Meanwhile, Vietnam is not yet preparing for this.

Vietnam's mechanical industry needs further investment from the State, according to the chairman of Viet Nam Association of Mechanical Industries (VAMI), Nguyen Van Thu.