Sub-area 1219 in Krong Bong District, home of ancient fokienia trees, has suffered tree massacres for years. In the latest case, 19 fokienia trees were found chopped into pieces, pulled down to a nearby valley to be brought out of the forest this April. All of the trees belonged to the protection forest. … [Read more...] about Deforestation continues to rage in Vietnam
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The capital city led the country in attracting foreign direct investment (FDI) in the first four months of this year, with $4.75 billion, or 30.6 per cent of the total capital poured into the Vietnamese economy, the Hà Nội Mới (New Hà Nội) newspaper reported. … [Read more...] about Hà Nội hopes to attract $38.3 mln of investment in H1
The online music marathon will take place from 4 pm to 10 pm on May 30. The programme will draw the participation of many famous singers, including My Linh, Quang Dung, Phan Manh Quynh and Uyen Linh as well as directors Le Hoang and Viet Tu and journalist Diem Quynh. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia May 29
Saebel: Local tourism can certainly offer a certain supply of customers; however, with the massive hotel expansion which we have experienced over the last few years, it is impossible to fill rooms in a profitable way. We certainly see reluctance in F&B sectors, with once crowded restaurants currently sparsely occupied. During times of emergency, people tend to lean toward frugality and the luxury of a hotel stay becomes an unnecessary expense. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
The current FiTs for offshore wind is highly attractive at 9.8 US cents/kWh, which were increased from the previous rate of 7.8 US cents/kWh. This extension follows the appeals from several wind energy developers, industry associations and local governments from nine provinces, after the Covid-19 outbreak has caused some near-term headwinds to the sector. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions