April 20, 2025

Vietnam’s fresh milk output up 4 percent year-on-year in March

Vietnam’s fresh milk production reached 144.6 million litres in March, up from 130.7 million litres in February. Total output for the first quarter stood at 407.3 million litres, reflecting a 3.1 percent increase compared to March 2024 and a 4.0 percent rise year-on-year, according to data from the General Statistics Office.

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Vietnam’s Revised Power Development Plan 8 2025: What’s Changed?

Last week, the Government of Vietnam issued Decision 768/QD-TTg significantly revising the Power Development Plan 8 (PDP8). This comes less than two years after the first PDP8 was issued and makes some substantial changes to Vietnam’s goals and expectations. Notably, the PDP8 is a cornerstone of Vietnam’s electricity industry, and with this in mind, this article breaks down how this plan has changed.

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Banking: Vietnam’s bad debt jumps 3.3 percent in first two month of 2025

Nguyen Quoc Hung, General Secretary of the Vietnam Banking Association, has raised concerns about the speed at which bad debt is rising in Vietnam, Tuoi Tre is reporting. Total bad debt stood at VND 1,030 trillion (US$41.18 billion) at the end of 2024, rising by VND 34 trillion (US$1.36 billion), or about 3.3 percent, in the first two months of 2025.

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VietJet found liable for US$181.8 million in UK court aircraft leasing dispute

The High Court of England and Wales has ruled in favour of FW Aviation, ordering VietJet Aviation to pay more than US$181.8 million in a dispute over four aircraft that VietJet failed to return after their leases were cancelled. The court upheld FW Aviation’s right to full termination payments and possession of the aircraft, rejecting VietJet’s penalty clause and title-based defences, according to the decision handed down by the court.

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