Hanoi (VNA) – The Vietnam National Coal - Mineral Industries Holding Corporation Limited (Vinacomin) is speeding up investments in key projects to ensure the corporation’s sustainable development in 2021. According to Vinacomin President and CEO Dang Thanh Hai, despite impact of the COVID-19 pandemic and natural disasters, Vinacomin achieved positive results. Last year, Vinacomin produced 38.47 million tonnes of raw coal, imported 9.65 million tonnes, and sold 42 million tonnes. Its 2020 turnover stood at 123.42 trillion VND (5.35 billion USD), exceeding the adjusted target by 1 percent and equivalent to 89 percent of the result recorded in 2019. Profit was 2.6 trillion VND, reaching the target set and equivalent to half of 2019’s figure. Vinacomin contributed 19.5 trillion VND to the State budget during the year, surpassing the target by 2 percent. The corporation also ensured employment and incomes for more than 96,000 employees. This year, Vinacomin plans to … [Read more...] about Coal corporation speeds up implementation of key projects
Sugar industry documentary
Wind, solar power sees new boom
The total offshore wind power potential is about 160 GW. Many investors have registered to develop projects in the southern part of the central region with the total capacity of 15GW. The southern region has great potential for solar power development with an average radiation intensity of 1,705-1,910 kwh per square meter per annum, far higher than the northern region with just 1,200 kwh per square meter per annum. … [Read more...] about Wind, solar power sees new boom
Vietnam, Netherlands target sustainable agri-business development
Other project launchings and project introductions at the event included: Quality Improvement Tropical Fruit Vietnam; Orange Knowledge Program: Towards a Climate Resilient Nursery Sector and Value Chain in the Mekong Delta; River Training and Management in the Mekong Delta; Water Retention in the Mekong Delta; and the Cai Mep Ha Logistics Center & Downstream Cai Mep Ha Port. … [Read more...] about Vietnam, Netherlands target sustainable agri-business development
VN-Index plunges as panic selling resumes
Securities firms had warned the number of inexperienced investors and margin traders trying to ride the VN-Index’s recovery in the past months would overreact when profit-taking pressure appears on the stock market, causing mass selloffs like those seen in the two sessions of the past two weeks. … [Read more...] about VN-Index plunges as panic selling resumes
Siemens helps to develop future engineering students in Viet Nam
“This is the automation training centre sponsored by Siemens with the most modern equipment in Viet Nam so far. The sponsorship from Siemens offers great opportunities for students and lecturers of Can Tho University as well as for Siemens partners in the Mekong Delta region to access, exploit and apply state-of-the-art technology. In particular, it will definitely contribute to the improvement of teaching and training quality at our university,” said Ha Thanh Toan, Rector of Can Tho University. … [Read more...] about Siemens helps to develop future engineering students in Viet Nam