Sugar industry fat

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

With the preferential pricing mechanism, solar power has seen a boom in Vietnam in recent years. In 2019 alone, the total capacity of grid-connected solar power put into operation was 5GW. Most of the solar power projects were in Ninh Thuan and Binh Thuan provinces (more than 2GW). … [Read more...] about Wind, solar power sees new boom

Signatories to this document were: the Dutch Ministry of Agriculture, Nature and Food Quality; the Top Sector (Water, Logistics, Agro Food, Horticulture & Starting Materials); and the Vietnam Chamber of Commerce & Industry Branch in Can Tho City (VCCI Can Tho). … [Read more...] about Vietnam, Netherlands target sustainable agri-business development

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

The package would support the university in fulfilling their important role as the biggest education, training and research centre in the Mekong Delta region of Viet Nam, as well as offer students the best practical exposure to the world’s state-of-the-art technology, thus enabling them to acquire useful knowledge and skills for their future career development, Siemens said in a statement. … [Read more...] about Siemens helps to develop future engineering students in Viet Nam