Strategic business report

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

Recent years has seen several Indian firms with billions of dollars in turnover decide to make long-term investments or surveys in an effort to prepare investments or expand their current business dealings in the country, including Adani Group. Their intention to get involved in the local renewable energy sector was first presented by the CEO of Adani Group during his working trip to Vietnam in 2018 in a meeting held with Prime Minister Nguyen Xuan Phuc. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

At the 2020 Vietnam Energy Summit in July in Hanoi a number of deals for investment in energy projects were signed, including the memorandum of understanding by the Copenhagen Infrastructure Partners, Asiapetro and Novasia Energy with the Binh Thuan Province People’s Committee to develop the 3.5GW La Gan offshore wind power project at a cost of US$10 billion. … [Read more...] about Vietnam’s energy sector a magnet for foreign investors

The ministers consented to continue implementing the resolutions adopted by leaders at the Special ASEAN+3 Summit on COVID-19, and committed to enhancing cooperation in food security via the ASEAN+3 Emergency Rice Reserve (APTERR), digital transformation, regional financial and economic stability through the Chiang Mai Initiative Multilateralisation (CMIM) Agreement, and health care. … [Read more...] about Leaders of East Asia Summit vow to deepen cooperation

However, the army should have better management in land use as well as closer coordination with the police force to outline better strategies to protect the nation, he said, hoping the VPA will make further contributions to the building of the Party and political system. A political draft report presented at the event states that over the past time, the commission has fully performed the role as a strategic advisor of the Party and State in military and national defence affairs. Besides, it highlights the VPA’s strength and combat preparedness together with effective defence diplomacy, which have made important contributions to defending the nation and improving the country’s prestige on the international arena. Participants at the event agreed on the content and orientations for carrying out military and Party building task for the 2020-2025 tenure. Accordingly, greater efforts will be made to develop a pure and strong Party Organisation within the VPA as well as a … [Read more...] about Top leader orders careful preparations for Army’s 11th Party Congress