Banyan tree group

Jero supplies electricity, gas, and heat, as well as conducts the development, mining, processing, trading, and transportation of energy resources. Dang Van Thanh, chairman of TTC Group, has confirmed that Jera had bought a 35.09 per cent stake in Gia Lai Electricity JSC, a listed entity under TTC Group. Jera paid an unknown sum to International Finance Corporation (under the World Bank Group) and Armstrong Asset Management of Singapore for the majority ownership in Gia Lai Electricity, making it the biggest foreign shareholder in the firm, cited Bloomberg . Accordingly, TTC Group and its subsidiary Gia Lai Electricity plan to invest $1 billion to further boost its renewables capacity to more than 2,000 MWG. Meanwhile, Jera is expected to provide international expertise and technology to aid in this endeavour. Moreover, it is projected that by the year 2025, wind power will account for almost two-thirds of that mix, up from the current 25 per cent. TTC Group said it and Gia … [Read more...] about Japan’s biggest power generator acquires 35 per cent of TTC Group’s subsidiary

Ninh Thuan medical vocational school and Japan's Genki Group sign an agreement to enhance cooperation in training Vietnamese workforce in health care, social welfare and education (Photo: VNA) Ninh Thuan (VNA) – A medical vocational school in the south-central province of Ninh Thuan on August 15 signed an agreement with Japan’s Genki Group to enhance cooperation in training Vietnamese workforce in health care , social welfare and education. Under the deal, the Ninh Thuan medical vocational school and Genki Group are committed to coordinating in events, programmes and projects on training, scientific research and technology transfer for the development of higher education. Together the two sides will explore and carry out programmes and research projects on health care and social welfare; and provide training and apprenticeship opportunities for Vietnamese students. Genki Group will offer free training courses in Japan for students from the Ninh Thuan medical … [Read more...] about Japanese group helps Ninh Thuan train medical students

Jero supplies electricity, gas, and heat, as well as conducts the development, mining, processing, trading, and transportation of energy resources. Dang Van Thanh, chairman of TTC Group, has confirmed that Jera had bought a 35.09 per cent stake in Gia Lai Electricity JSC, a listed entity under TTC Group. Jera paid an unknown sum to International Finance Corporation (under the World Bank Group) and Armstrong Asset Management of Singapore for the majority ownership in Gia Lai Electricity, making it the biggest foreign shareholder in the firm, cited Bloomberg . Accordingly, TTC Group and its subsidiary Gia Lai Electricity plan to invest $1 billion to further boost its renewables capacity to more than 2,000 MWG. Meanwhile, Jera is expected to provide international expertise and technology to aid in this endeavour. Moreover, it is projected that by the year 2025, wind power will account for almost two-thirds of that mix, up from the current 25 per cent. TTC Group said it and Gia … [Read more...] about Japan’s biggest power generator Jera acquires 35 per cent of TTC Group’s subsidiary

Leaders of the military-owned Viettel Group made the proposal at a Tuesday meeting with Prime Minister Pham Minh Chinh. The proposal was made in the context of the recent global chip shortage, which has seriously affected many manufacturing sectors and business areas, prompting several countries to promote chip production as a national security measure. In this context, the group also asked to be assigned the tasks of ensuring national defense and security, promoting its strengths and demonstrating the pioneering role of state-owned companies in the fields of high-tech defense, construction and cyber security and safety. Viettel said it wanted to deploy a national digital conversion platform, and work as an intermediary for financial switching services and electronic clearing services to facilitate transfer of funds from one bank account to another. The group also wanted permission to research green energy technology and modernize important infrastructure in the field of … [Read more...] about Viettel to produce chips amidst global shortage

Illustrative image (Photo: Airbus) Kuala Lumpur (VNA) - Malaysia Aviation Group , parent company of Malaysia Airlines , has signed a provisional agreement to acquire 20 Airbus A330neos to replace its ageing fleet of A330 widebody jets, in a deal that also involves aircraft leasing company Avolon . The airline will buy 10 of the planes from Airbus and then execute a sale-and-leaseback deal with Avolon, with the other 10 leased directly from Avolon, the carrier announced on August 15. The planes, which will have Rolls-Royce engines, are scheduled to be delivered from the third quarter of 2024 through 2028, the airline said. The A330neo is the new generation version of the popular A330 widebody. Incorporating the latest generation engines, a new wing and a range of aerodynamic innovations, the aircraft offers 25% reduction in fuel consumption and CO2 emissions./. VNA … [Read more...] about Malaysia Airlines to buy 20 A330neos

The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19