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In less than two decades, the country’s power sector evolved from fragmented companies with high technical and financial losses to an integrated power system, and then to an unbundled group of stated-owned corporations with sizeable participation of domestic and international private sector actors in power generation. … [Read more...] about Vietnam to launch competitive retail electricity market in 2023

Speaking at a meeting held on January 13 to review the industry and trade sector’s performance last year and set tasks for this year, Nguyen Phuong Dong, the department’s deputy director, said: “In 2020 city enterprises restructured their production to make it market-oriented. The city’s industrial sector shrunk by 4 percent last year due to the impact of the COVID-19 pandemic. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17

Participants were able to meet global start-up leaders at panel sessions, including Jeffrey Lee, co-founder of Northern Light Venture Capital; Tina Wei, senior advisor at Oceanpine Capital; Hur Jin-ho, partner at SEMA Translink; Abraham Shim, founder and chief executive of Ziktalk OU; Sohn Yu-jin, director at ICONLOOP; and Jason Han, chief executive of Ground X. … [Read more...] about Vietnamese Abivin wins the fifth ASEAN Entrepreneur Award at WKF2020

Despite fast population aging and the number of people aged 65 and above making up 7.7 percent of the population, Vietnam is still one of the few countries effectively responding to the pandemic. To sustain this achievement, it should prepare all conditions necessary for ensuring social security and nursing services for the elderly, especially the ones living alone, at care centres, and with disabilities, the UNFPA said./. … [Read more...] about VIETNAM NEWS JANUARY 16

Lieutenant Colonel Nguyen Van Lai, Deputy Director of the Ngoc Ly prison, informed about the results achieved in building and promoting the effectiveness of libraries, bookcases for officers, soldiers and prisoners of Ngoc Ly prison: Through the development of reading culture in prisons, compulsory educational establishments, reformatory schools, inmates and subjects of education have been sensitized, educated, and their social-cultural awareness has been improved. They have developed their own lifestyles, learned lessons, amended their way during the time of serving sentences and formed belief in life and the future when they return to their family and society. … [Read more...] about Impressive model of friendly bookcase at Ngoc Ly detention center