However, these firms are unlikely to be able to increase their capacity in the near future due to the impact of raw materials and hydrological conditions. Therefore, businesses that are keen on investing in renewable energy must be fully able to utilise opportunities for the development of the clean energy market, a sector that is considered to be a potential field that can serve to boost the revenue of firms in the time ahead. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 2
Chinese backed electric car
In May, local media reported more than 60,000 people across Vietnam had to suffer cutthroat interest rates of over 1,000 per cent per year from a payday loan ring headed by Chinese nationals. The total loan amount reached VND100 billion ($4.2 million). The payday loan shark ran three companies (Vinfin, Beta, and Dai Phat) providing cash loans via apps Vaytocdo, Moreloan, and VD Online. … [Read more...] about Predatory debt collectors hustling on borrowed time
By international standards, Vietnam’s response to Covid-19 was early and drastic. The opposite end of the spectrum is represented by Sweden, which did not have a lockdown or even close its schools. While there is something to be said for keeping a country’s economy and education system running, Sweden did suffer 5,280 Covid-19 deaths. The question of which approach produces the best result will no doubt be the subject of research and continued public interest. … [Read more...] about How did Vietnam dodge Covid-19?
Ho Quyen structure has an annular shape with a diameter of 44 meters. It has a wall of earth and brick which is 4.5m thick and 5.80m high.T he platform exclusively reserved for the Emperor faces south and was higher than others. Five tiger cages are opposite King’s seat. By the right side of the platform is a large gate measuring 1.9m wide and 3.9m high for the elephants to enter the coliseum. … [Read more...] about Unique relics of Hue Monuments Complex to be restored