A large number of high-quality personnel will be needed to meet the growing demand of the power market (Photo: VNA) Hanoi (VNA) – A large number of high-quality personnel will be needed to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the time ahead, according to the National Load Despatch Centre (NLDC). The Electricity Regulatory Authority of Vietnam (ERAV) held a meeting on July 27 to review the operation of the competitive generation market and the competitive wholesale electricity market, which were piloted from July 1, 2016 to June 30, 2017. The ERAV, which is under the Ministry of Industry and Trade, said by July 1 this year, 76 power plants had directly joined the electricity market. Their installed capacity totalled 20,728 MW. Hydropower makes up 38 percent of the total capacity, coal-fired … [Read more...]

Deputy Prime Minister Vuong Dinh Hue (R) and New Zealand Deputy Prime Minister Paula Bennett (Source: VNA) Wellington (VNA) – Vietnam and New Zealand on July 27 affirmed their determination to raise two-way trade to 1.7 billion USD by 2020 during Deputy Prime Minister Vuong Dinh Hue’s working visit to New Zealand. While in Wellington, Hue paid a courtesy visit to Speaker of the House of Representatives David Carter, held talks with Deputy Prime Minister Paula Bennett, and worked with Minister of Foreign Affairs Gerry Brownlee and Minister Trade Todd McClay. The officials agreed to intensify investment in the fields Vietnam has demand and New Zealand has strength such as agriculture, renewable energy and infrastructure. Paula Bennett and Todd McClay confirmed to create favourable conditions for Vietnamese agricultural products to enter New Zealand, … [Read more...]

Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine. A man refuels his car at a petrol station in London, Britain, July 26, 2017. Britain's step, which follows France, amounts to a victory for electric cars that if copied globally could hit the wealth of oil producers, as well as transform car industry jobs and one of the icons of 20th Century capitalism: the automobile itself. The mayors of Paris, Madrid, Mexico City and Athens have said they plan to ban diesel vehicles from city centers by 2025, while the French government also aims to end the sale of new gasoline and diesel vehicles by 2040. The British government has been under pressure to take steps to reduce air pollution after losing legal cases brought … [Read more...]

Illustrative photo (Source: VNA) Can Tho (VNA) – Mekong Delta enterprises should foster connectivity and cooperation, while strengthening the application of high technology in production and business, said Vo Hung Dung, Director of the Vietnam Chamber of Commerce and Industry in Can Tho city. Addressing a conference in Can Tho city on July 26 to seek measures for regional businesses to adapt with changes of the world economy amidst the fourth industrial revolution, Dung noted that Mekong Delta region faces many difficulties in infrastructure, logistics and technology. He held that the fourth industrial revolution will benefit regional firms by reducing labour cost, increasing productivity, thus improving profit. Sharing Dung’s opinions, Nguyen The Quang, Vice Director of the E-Commerce and IT Department under the Ministry of Industry and … [Read more...]

Illustrative photo (Source: VNA) Can Tho (VNA) – Mekong Delta enterprises should foster connectivity and cooperation, while strengthening the application of high technology in production and business, said Vo Hung Dung, Director of the Vietnam Chamber of Commerce and Industry in Can Tho city. Addressing a conference in Can Tho city on July 26 to seek measures for regional businesses to adapt with changes of the world economy amidst the fourth industrial revolution, Dung noted that Mekong Delta region faces many difficulties in infrastructure, logistics and technology. He held that the fourth industrial revolution will benefit regional firms by reducing labour cost, increasing productivity, thus improving profit. Sharing Dung’s opinions, Nguyen The Quang, Vice Director of the E-Commerce and IT Department under the Ministry of Industry and … [Read more...]

The Vietnamese Embassy in Algeria and the Chamber of Commerce and Industry of Algeria’s northeastern province of Annaba recently held a seminar to discuss trade cooperation between the two countries. Overview of the seminar Addressing the event, Ambassador Pham Quoc Tru highlighted the friendship between the two countries, affirming Vietnam’s interest in boosting bilateral trade and investment cooperation. He held that in order to hit the target of 1 billion USD in two-way trade in 2020, the two sides should work together to remove obstacles hindering bilateral trade and investment ties, while creating favourable legal conditions for businesses of both sides. Vietnamese and Algerian enterprises should also seek business partnerships in each country, he added, pledging that the embassy will help connect the two business communities. Meanwhile, Trade Counselor Hoang Duc Nhuan detailed the economic … [Read more...]

NDO/VNA – A large number of high-quality personnel will be required to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the near future, according to the National Load Despatch Centre (NLDC). The Electricity Regulatory Authority of Vietnam (ERAV) held a meeting on July 27 to review the operation of the competitive generation market and the competitive wholesale electricity market, which were piloted from July 1, 2016 to June 30, 2017. The ERAV, which is under the Ministry of Industry and Trade, said by July 1 this year, 76 power plants had directly joined the electricity market, with an installed capacity totalling 20,728 MW. Hydropower accounts for 38% of the total capacity, coal-fired thermal power 35%, oil-fired thermal power 4%, and gas turbine power 17%. Other types of power plants account for the remaining 6% of the total capacity. The ERAV said the electricity … [Read more...]

NDO/VNA – A large number of high-quality personnel will be required to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the near future, according to the National Load Despatch Centre (NLDC). The Electricity Regulatory Authority of Vietnam (ERAV) held a meeting on July 27 to review the operation of the competitive generation market and the competitive wholesale electricity market, which were piloted from July 1, 2016 to June 30, 2017. The ERAV, which is under the Ministry of Industry and Trade, said by July 1 this year, 76 power plants had directly joined the electricity market, with an installed capacity totalling 20,728 MW. Hydropower accounts for 38% of the total capacity, coal-fired thermal power 35%, oil-fired thermal power 4%, and gas turbine power 17%. Other types of power plants account for the remaining 6% of the total capacity. The ERAV said the electricity … [Read more...]

The Viettel Telecom Corporation launched its contest “Viet Nam Internet of Things Hackathon 2017” on Monday with total prizes of VND600 million (US$26,700). “Viet Nam Internet of Things Hackathon 2017” contest was launched on Monday.  Startups can submit their projects on smart workplaces in agriculture, energy, retail, automation, city, health, business production and security. Creativity, an effective business model and practical application will be the criteria determining the winners. The competition kicks off today (27/7) and closes on September 30 with four rounds, including qualifying, training–consultancy, review and the final round. Fifteen teams will take part in the review round to choose the top four teams with the best projects for the final round to be held in HCM City on September 29 and 30. The championship team will receive a prize of VND150 million ($6,700), of … [Read more...]

The event was co-chaired by Vice Chairman of Thua Thien-Hue’s People’s Committee Nguyen Dung and Thavon Phommalaylun, Sekong’s Deputy Governor and Head of the provincial border work steering committee. Representatives of the two sides signing the minutes on border management. (Photo: thuathienhue.gov.vn) At the meeting, the two sides lauded the efforts of border security forces in border protection and management, safeguarding border markers and maintaining social order and political security along the shared border. They have also maintained visits of delegations to share border work experience, contributing to boosting people-to-people exchanges and cross-border trade. Thua Thien-Hue province has helped Lao residents in the border areas of Sekong province stabilise their lives by providing them plant and animal varieties and free healthcare. Meanwhile, the Sekong side supported Vietnam in … [Read more...]

Addressing the event, Ambassador Pham Quoc Tru highlighted the friendship between the two countries, affirming Vietnam’s interest in boosting bilateral trade and investment cooperation. Overview of the seminar  He held that in order to hit the target of 1 billion USD in two-way trade in 2020, the two sides should work together to remove obstacles hindering bilateral trade and investment ties, while creating favourable legal conditions for businesses of both sides. Vietnamese and Algerian enterprises should also seek business partnerships in each country, he added, pledging that the embassy will help connect the two business communities. Meanwhile, Trade Counselor Hoang Duc Nhuan detailed the economic development of Vietnam, as well as bilateral cooperation between the two countries and a handbook on Vietnam’s market. Djouadi Azzedine, a representative from the Annaba Chamber of Commerce and … [Read more...]

While in Wellington, Hue paid a courtesy visit to Speaker of the House of Representatives David Carter, held talks with Deputy Prime Minister Paula Bennett, and worked with Minister of Foreign Affairs Gerry Brownlee and Minister Trade Todd McClay. Deputy Prime Minister Vuong Dinh Hue (R) and Speaker of the House of Representatives David Carter    The officials agreed to intensify investment in the fields Vietnam has demand and New Zealand has strength such as agriculture, renewable energy and infrastructure. Paula Bennett and Todd McClay confirmed to create favourable conditions for Vietnamese agricultural products to enter New Zealand, and continue supporting the country in improving production, processing and preservation of farm produce to meet foreign markets’ high standards. The two sides reached a consensus on the early signing of the 2017-2020 Vietnam-New Zealand Action Programme in 2017 in … [Read more...]

VietNamNet Bridge – Deputy PM Trinh Dinh Dung on Tuesday asked HCM City to tap diverse resources to invest in major infrastructure project to increase its global competitiveness and become a major player in Southeast Asia as well as the Asia-Pacific region. Deputy PM Trinh Dinh Dung speaks at a conference on an adjusted master plan for HCM City and surrounding localities held on Tuesday in HCM City. Photo tuoitrethudo.vn Towards this, the city should also carefully consider improvements to its road infrastructure and implement an adjusted master plan to strengthen links with neighbouring localities, he said. Top priority should be given to Belt Roads 3 and 4, the Long Thanh International Airport, Cai Mep-Thi Vai seaport, and railway routes connecting industrial parks, economic zones and seaports, Dung said at a conference held in the city. HCM … [Read more...]

Overview of the seminar (Photo: VNA) Algiers (VNA) – The Vietnamese Embassy in Algeria and the Chamber of Commerce and Industry of Algeria’s northeastern province of Annaba recently held a seminar to discuss trade cooperation between the two countries. Addressing the event, Ambassador Pham Quoc Tru highlighted the friendship between the two countries, affirming Vietnam’s interest in boosting bilateral trade and investment cooperation. He held that in order to hit the target of 1 billion USD in two-way trade in 2020, the two sides should work together to remove obstacles hindering bilateral trade and investment ties, while creating favourable legal conditions for businesses of both sides. Vietnamese and Algerian enterprises should also seek business partnerships in each country, he added, pledging that the embassy will help connect the two business … [Read more...]

NDO – Continuing his working visit to New Zealand, Vietnamese Deputy Prime Minister Vuong Dinh Hue had a series of meetings with the host country’s senior officials on July 27. >>> Deputy Prime Minister Vuong Dinh Hue visits New Zealand During their talks and meetings, Deputy PM Hue congratulated New Zealand on its recent achievements along with the country’s outstanding growth and sustainability over many consecutive years while becoming one of the world's most liberal competitive economies. New Zealand’s leaders praised Vietnam for its dynamic move in taking an increasingly active role in Southeast Asia. The two sides expressed their satisfaction on the strong development of the Vietnam-New Zealand comprehensive partnership towards a strategic partnership, with cooperation in key areas recording high efficiency and continuous improvement. The two shared similar opinions on strategic interests in regional and … [Read more...]

"Vietnam Internet of Things Hackathon 2017” contest was launched on Monday. -- VNS Photo HCM City (VNA) – The Viettel Telecom Corporation has launched its contest “Vietnam Internet of Things Hackathon 2017” Monday with total prizes of 600 million VND (26,700 USD). Startups can submit their projects on smart workplaces in agriculture, energy, retail, automation, city, health, business production and security. Creativity, an effective business model and practical application will be the criteria determining the winners. The competition kicks off July 27 and closes on September 30 with four rounds, including qualifying, training–consultancy, review and the final round. Fifteen teams will take part in the review round to choose the top four teams with the best projects for the final round to be held in HCM City on September 29 and … [Read more...]

The northeastern border province of Ha Giang boasts majestic scenery, geological features, a diverse eco-system, rare fauna and flora, and the unique cultures of 22 ethnic minorities, but has yet to realise its enormous tourism potential, tourism officials said. Ha Giang Province in buckwheat flower season - Illustrative photo (Photo: VNA)   The province has seen average annual growth of 32 percent in the number of tourist arrivals in the past few years, said Nguyen Van Son, Chairman of the provincial Ha Giang People’s Committee. Last year arrivals numbered nearly 854,000, including 176,500 foreigners. Revenue from tourism was estimated at 795 billion VND (35 million USD), a year-on-year increase of 13 percent. In the first six months of this year, there were more than 470,000 tourists, with visitors from Ho Chi … [Read more...]

Technological advances mean fossil fuel in cars could be phased out within decades but switching to electric carries its own environmental and economic concerns as more and more countries announce radical plans. Clean to run, but to make the battery? Not so much. (AFP/Prakash SINGH) LONDON: Technological advances mean fossil fuel in cars could be phased out within decades but switching to electric carries its own environmental and economic concerns as more and more countries announce radical plans. Britain on Wednesday (Jul 26) said it would "end the sale of all conventional petrol and diesel cars" by 2040, following similar proposals by France earlier this month to reduce nitrogen dioxide (NO2) pollution. China issued plans last year requiring that 12 per cent of cars sold be battery-powered or plug-in … [Read more...]

Only having equipment for lease, a construction firm has submitted false information in its winning bid for the site clearance project at the billion-dollar Nghi Son oil refinery complex for swindle purpose. Despite not being the contractor, Gia Loc JSC has deliberately signed cooperation contracts with partners to cheat them out of their money The Nghi Son Refinery and Petrochemical complex (NSRP) based in the north-central province of Thanh Hoa is one of largest foreign direct investment projects in the country, with the investment capital surpassing $9 billion. The Nghi Son plant kicked off construction in October 2013 and was initially slated to start operations in July 2017. In a talk with local press this March, Nguyen Van Thi, director of Nghi Son Economic Zone and Thanh Hoa Industrial Zones Management … [Read more...]

Representatives from HCM City People’s Committee and the Lotte Group joint-venture sign a contract on the construction of Thu Thiem Eco Smart City in District 2. — Photo VNA The HCM City People’s Committee and Korean conglomerate Lotte Group on July 25 signed a contract on the construction of the Thu Thiem Eco Smart City in District 2. The 74,420-sq m project in the core of the Thu Thiem New Urban Area will cost VND20.1 trillion (US$884 million) in addition to compensation costs to be paid for use of land. Nguyen Thanh Phong, chairman of the city’s People’s Committee, and Shin Dong Bin, chairman of Lotte, attended the signing ceremony. Phong praised the group, which has had many major investments in Viet Nam and become a well-known brand in the country. He vowed to continue creating favourable conditions for foreign investors, including the Lotte Group, to help them operate … [Read more...]