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Greig suggested a second option for Vietnam: pumped storage at hydropower plants. The plants could use renewable energy to pump water up mountains and dams during low-demand periods and release it during peak periods to generate electricity, and this technique could be used to store power for a longer time, he said. … [Read more...] about Better infrastructure is way to absorb surge in renewable energy production: experts

Impressive profits According to the business result of Vietnam Steel Corporation (VNSteel), the company exceeded its plan last year, with some main targets even posting slight growth compared to the previous year. Specifically, the company achieved a net revenue of more than VND78.17 trillion last year. Of which, the parent company got VND2.48 trillion, equal to 163.8 percent of the plan for 2020. Pre-tax profit reached VND891 billion. Total consolidated revenue hit VND30 trillion, achieving 100 percent of the plan, and pre-tax consolidated profit touched VND260 billion. This year, the company plans to produce more than 2.5 million tons of steel billets, up 6.5 percent compared to last year. Similarly, Hoa Phat Group is the leading enterprise in the construction steel segment, increasing its market share from 26.2 percent in 2019 to 32.5 percent in 2020. In the steel pipe segment, the two largest enterprises - Hoa Phat and Hoa Sen - raised their market shares from 31.5 percent to … [Read more...] about Many expectations for Vietnamese steel industry

Right at the entrance to the cave are rocks shaped like the teeth of a giant dinosaur, below is an underground stream with a shallow and moderate flow. While the stream inside is quite wide, the water in some places is about 1.5m deep. In many places, the water erosion process forms yellow and white stalactites with many beautiful and mysterious shapes. … [Read more...] about Discovering Tham Phay mysterious cave in Bac Kan

The province attracted 4.8 million visitors in 2019, up 11 percent over 2018, and provincial authorities announced plans to open more pedestrian zones to the north and south of the Huong River, develop public transportation means and install environmentally-friendly toilets, apart from trash bins to prevent littering. … [Read more...] about South Korea backs Hue smart city plans with $13 mln

“We want to provide peace of mind to the population, tell them that it is not necessary to evacuate the entire national territory, only the Antarctic base,” Miguel Ortiz of the ministry’s National Emergency Office (ONEMI) told a news conference. … [Read more...] about Chile regrets panic triggered by mistaken tsunami warning after quake