Eleven Japanese banks, including Mitsui Sumitomo Banking Corp and Japan Bank for International Cooperation (JBIC), will provide a 81 billion JPY (680 million USD) loan for the Electricity of Vietnam (EVN) to build a thermal power plant.

The PetroVietnam Exploration and Production Corporation (PVEP) has reached a production-sharing contract (PSC) for blocks MD2 and MD4 off the coast of Myanmar with the Myanmar partner.

Though Vietnam has never been considered a hi-tech power, locally made hi-tech brands have become popular with consumers.

Many localities in the Mekong Delta have objected to a quota plan announced by the Vietnam Food Association (VFA) for one million tons of rice in the winter-spring crop to be bought for storage as approved by the Government.

The first Airbus A350 XWB aircraft for Vietnam Airlines rolled out of the body paint shop in Toulouse, France on March 6, featuring a polished blue exterior and the signature golden lotus flower on the tail.