Indian renewable energy development agency

Deputy Prime Minister Trinh Dinh Dung (R) and CEO of Gen X Energy Company Scott Kicker (Photo: baochinhphu.vn)   Hanoi (VNA) – Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on November 15 for Scott Kicker, Founder and CEO of the US-based Gen X Energy Company, which is exploring a liquefied natural gas project worth over 6 billion USD in Vietnam. The Deputy PM Dung said the Vietnam – US comprehensive partnership is growing bilaterally, regionally and globally, of which trade and investment ties have become an important foundation and driving force. In the energy field, both countries signed a Memorandum of Understanding on cooperation and joined a number of cooperation mechanisms and dialogues to enhance bilateral ties. Vietnam considers the US one of the top important partners, he said. With the goal of ensuring energy security in sustainable manner, Vietnam is reviewing supply and demand, restructuring power source by diversifying … [Read more...] about Deputy PM receives CEO of US energy company

Party General Secretary Nguyen Phu Trong (centre) addresses the Politburo meeting (Photo: VNA)  Hanoi, (VNA) – Party General Secretary and President Nguyen Phu Trong chaired a meeting of the Politburo on November 15 to examine two projects reviewing the 10-year implementation of the Politburo’s conclusions on developing Hue and Buon Ma Thuot cities. The two relevant conclusions are the 10th–tenure Politburo’s Conclusion 48-KL/TW on developing the central province of Thua Thien - Hue and Hue city to 2020, and the 10th–tenure Politburo’s Conclusion 48-KL/TW on developing Buon Ma Thuot city (Dak Lak province) into the central city of the Tay Nguyen Central Highlands. After listening to the Party Central Committee’s Economic Commission report on the key contents of the two projects, the Party Central Committee Office’s presentation of opinions from related agencies and opinions of Politburo members, Party General Secretary and … [Read more...] about Politburo examine development of Hue, Buon Ma Thuot cities

The new economic models of transportation, lodging services, fintech, energy, and digital entertainment are expected to drive the sharing economy in Vietnam if regulatory sandboxes become more readily available.  VIR’s roundtable on deploying sandboxes in Vietnam’s sharing economy was joined by experts and businesses Fintech, considered a fairly new economic model, is facilitating the sharing economy which has been developing in Singapore and other regional countries in recent time. In Vietnam, fintech is beginning to take root, but without a lack of regulatory sandboxes for fintech advancement in the country. Validus Capital, a Singapore-based peer-to-peer (P2P) lending ­platform for small- and medium-sized enterprises (SMEs) and accredited investors, last week launched financial support services for SMEs in Vietnam, marking its official expansion to the country. However, Validus may suffer from challenges in related policies, though its plan is … [Read more...] about Appeals for sturdy sandbox direction

Young people prepare applications at Can Tho University to find jobs in big cities (Photo: tienphong.vn) Can Tho (VNA) — The Mekong Delta is one of the richest parts of Vietnam, leading the country in rice, shrimp and other agricultural products. But now the area is facing a labour shortage as young people leave to work in HCM City and southeastern provinces. Ly Sa Ruong from Tran De district in Soc Trang province told Tien Phong (Vanguard) newspaper that many young people had left their hometowns to find jobs in Binh Duong province. “Only old people and children are left behind. Young people have gone to Binh Duong province including my three children,” he said. “Farming does not provide a stable income.” Vice Chairman of the district’s Thanh Thoi An commune Nguyen Hai Quan said local people mostly worked in agriculture with two rice crops a year. Mechanisation had replaced manual work so people had more free time after the harvests. As … [Read more...] about Mekong Delta provinces voice concern over shortage of workers

Illustrative photo (Photo: VNA) Hanoi (VNA) - Ibaraki prefecture of Japan recently said that it wants to expand cooperation with the Vietnamese Government to ease the labour shortage by inviting more Vietnamese workers to the locality. According to NHK Television of Japan, Governor of Ibaraki Oigawa Kazuhiko is scheduled to visit Vietnam from November 25-27 to sign a memorandum of understanding (MoU) between the two sides in this field. The Mou will include the promotion of cooperation between the two sides so that both sides could make appropriate arrangements for deploying and receiving workers, assistance for human resources development, and creation of an environment so that Vietnamese can feel secure working in the locality, as well as support when they return to Vietnam. Ibaraki is promoting measures to attract more workers from other countries. In April, the prefecture opened a support centre for foreign workers. The prefecture mainly focuses on sectors of nuclear energy, … [Read more...] about Japan’s Ibaraki prefecture to open door for more Vietnamese workers