National business

A wind power plant project in a mountainous district of Quang Tri Province. (Photo: SGGP) The above project is proposed by Xuan Cau Company, with a capacity of 1,000MW. The construction site is in the waters of Con Co Island and Gio Linh District in Quang Tri Province. According to the People's Committee of Quang Tri Province, the proposed construction site of this wind power plant project has good wind potential and does not affect national security. Besides the offshore wind power plant project on Con Co Island, at the end of July 2022, the People's Committee of Quang Tri Province also made a written proposal to add the Cam Lo Wind Power Plant project, with a capacity of 1,000MW built in Cam Thanh and Cam Nghia communes in Cam Lo District and Gio Linh Wind Power Plant, with a capacity of 500MW, in Linh Thuong, Gio Son, and Hai Thai communes in Gio Linh District to the National Power Development Planning VIII. Up to this point, Quang Tri Province has had 19 wind power … [Read more...] about Con Co offshore wind power project asks to be added to national power plan

The spice products are available at commercial centres, supermarkets, convenience stores, e-commerce platforms – Shopee , Lazada and Tiki, to name but a few, and Facebook pages and websites of businesses. (Source: tuoitre.vn) Hanoi (VNA) – With a population of nearly 100 million and strength in cultivating spice plants, Vietnam has substantial potential for spice production, consumption and export. According to Nielsen Market Research Company , the Vietnamese seasoning and sauce market expands by an average of 25-32% during the 2016-2022 period. Vietnamese households pose a high demand for seasoning for their meals – and it does take a lot of seasoning to make 30 million litres of soup a day, all the while the amount of fried and stir-fried dishes increases by 18 million plates and 14 million braised dishes during the weekends. The domestic spice market has lured international groups with products like Knorr (Unilever, the UK), Aji-ngon (Ajinomoto, Japan), Miwon … [Read more...] about Businesses spice up Vietnamese market

Many Vietnamese travel agencies have expressed their concerns over slumping revenue after the Czech Republic, Spain, and Germany refused to issue visas to holders of new Vietnamese passports. Nguyen Nguyet Van Khanh, deputy director of Vietravel's marketing department, stated that about 10-20 percent of the customers who book the firm’s tours to Europe are using the new passport form. Travelers often choose countries in the Schengen area, including France, Germany, Luxembourg, Belgium, the Netherlands, and Italy, Khanh elaborated. If customers’ trip includes the Czech Republic, Spain, and Germany and their visas get rejected due to the new passport form, the travel agency needs to adjust the original itinerary, which can be troublesome. Tourists can either choose to exclude these nations from their journeys or travel to other European countries instead, such as Switzerland and France. Regarding tours that must include Germany, Vietravel will only offer them to customers who … [Read more...] about Travel agencies on tenterhooks as 3 European nations stop accepting Vietnam’s new passport

Until now, only seven out of 111 planning documents have been approved, including those on national land use and only 4 national industry planning pieces in the transportation field. It is obviously illogical since land is a valuable national resource and should be allocated to best promote the national competitiveness as well as the regional geographic advantages after identifying specific regional industry planning. He took the planning of Lien Chieu Port in Da Nang City as an illustration. It is too hard to transform this port into an international-scaled one no matter how much the local authorities wish for it to come true. Meanwhile, Chan May Port on the other side of Hai Van Pass is a more suitable place for this purpose. Considering the regional competitive advantage, it would be much better to invest in turning the latter port into an international one and building a railway to connect it to neighboring areas. As to the vision until 2050 of the newly released national … [Read more...] about National master planning needs changes in development thinking for breakthrough

Prime Minister Pham Minh Chinh addresses the meeting (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh chaired the first meeting of the state steering committee for national key transport projects in Hanoi on August 10, during which he requested ministries, sectors and localities to apply comprehensive measures to speed up the implementation of the projects to expand development space for regions. PM Chinh noted that the country aims to build at least 5,000 kilometres of expressways by 2030. Over the past 20 years, only 1,100 kilometres of expressways have been constructed, which means the task for the country until 2030 is heavy. He underlined the need to deal with weaknesses during the implementation of the projects, along with the effective settlement of arising problems. The government leader asked ministries, sectors and localities to set up their own steering committees for the implementation of national key transport projects, while regularly … [Read more...] about PM asks for solutions to speed up national key transport projects

Minister of Finance Ho Duc Phoc The Ministry made the statement at the 14th session of the National Assembly (NA) Standing Committee on August 10. Referring to gambling crimes, online gambling and betting organizations have been complicated and unpredictable, deputy Pham Van Hoa from the Mekong Delta Province of Dong Thap wondered why the police force has handled many cases, but this situation has not improved. According to deputy Pham Van Hoa, it is time to allow the implementation of Decree 06/2017/ND-CP on the business of betting on horse racing, greyhound racing, and international football for stricter management as localities can collect tax from such businesses and limit online betting. This Decree has been studied for many years before it was promulgated and took effect in 2017 but has not been implemented so far. He asked why Vietnam has piloted allowing casinos to operate, but not allowed betting. Minister of Public Security To Lam said that the view of the Ministry of … [Read more...] about Vietnam not yet issue betting business permits as no projects completed