The Asian Development Bank (ADB) and the World Bank (WB) have decided to use the Vietnam National E-Procurement System (VNEPS) to conduct online bidding for construction and goods supply contracts for their projects.
The ADB and the WB will use the Vietnam National E-Procurement System to conduct online bidding for construction and goods supply contracts for their projects (Photo: VNA)
Hanoi (VNA) – The Asian Development Bank (ADB) andthe World Bank (WB) have decided to use the Vietnam National E-ProcurementSystem (VNEPS) to conduct online bidding for construction and goods supplycontracts for their projects.
The move aims to improve the competitiveness, effectivenessand transparency of project procurement.
Initially, the ADB, the WB and relevant agenciesplan to carry out online bidding for 15 procurement packages worth more than 71million USD in projects funded by the two banks. Detailed information aboutthese packages will be published on .
Bid invitation documents will be publicised bythe VNEPS and bidders will compile and submit their bid dossiers online.
Earlier, thanks to coordination between thePublic Procurement Agency under the Ministry of Planning and Investment and thetwo banks, modules for online bidding for these packages were built andintegrated into the VNEPS on January 1 this year.
The VNEPS, run by the national e-procurementcentre, was put into operation nationwide in 2016.-VNA
The bidding grievance handling mechanism needs to be renovated to ensure transparency and keep pace with the country’s rapid international integration.
Green public procurement will bring many benefits to not only buyers and sellers but also the environment and the whole economy and society, said Deputy Director General of the Vietnam Environment Administration (VEA) Hoang Van Thuc said.
The national e-procurement system (VNEPS) was the spotlight of the Vietnam E-Government Procurement Forum 2018, the first on the issue at the national scale, in Hanoi on August 8.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
The ADB and the WB will use the Vietnam National E-Procurement System to conduct online bidding for construction and goods supply contracts for their projects (Photo: VNA) 
