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In a dispatch sent to the Minister of Industry and Trade, the Chairperson of the Committee for Management of State Capital at Enterprises (CMSC), the Chairpersons of the People’s Committees of centrally-run cities and provinces, and leaders of Vietnam Electricity (EVN), Vietnam Oil and Gas Group (Petrovietnam) and Vietnam National Coal and Mineral Industries Group (Vinacomin), the Prime Minister pointed to problems in power supply in the Northern region. He noted that the severe heat and impacts from El Nino phenomena have led to a surge in power demand, coupled with drought in many Northern localities causing extremely low water level in hydropower reservoirs, thus greatly affecting the supply of electricity in the dry season of 2023. Despite efforts of relevant parties, there are still factors negatively affecting the supply of electricity in the time to come, especially in the Northern region. Amid this situation, the Government leader asked the Ministry of Industry and Trade … [Read more...] about Prime Minister orders solutions to ensure power supply in dry season

The Deputy PM made the assertion while giving further explanation about some issues related to human resources amid the Fourth Industrial Revolution on June 6 afternoon, part of the question-and-answer session on labour, invalids, and social affairs at the ongoing fifth session of the 15th National Assembly. Ha held that it is necessary to review viewpoints and policies relevant to green growth and developing human resources for such sectors as education - training and science - technology. Those issues are closely linked with the development of human resources, one of the three targeted strategic breakthroughs stated in the 13th National Party Congress’s resolution. The Deputy PM also stressed the importance of enterprises’ research and development (R&D) activities to the economy, noting that the Party and State have paid great attention to this as seen in the establishment of science and technology development funds. However, Vietnam has yet to record substantial improvement … [Read more...] about High-quality human resources crucial to national development in new trend: Deputy Prime Minister

The continuing intense heat and effects of El Niño have increased the demand for electricity in many parts of the country. Due to a dearth of precipitation in the north, water levels in hydropower reservoirs are unusually low, which has had a significant impact on electricity supply. The MoIT is to implement the PM's directive to increase electricity conservation over the 2023–2025 period and subsequent years by concentrating on practical and effective solutions. These are to be to submitted to the PM for approval by June 8. For wind and solar power projects that have been constructed but do not yet satisfy the requirement for employing the feed-in tariff mechanism, it will be necessary to study and advise their handling according to the level of competence in which they are run. It will also be necessary to evaluate the legal framework governing electricity to provide guidance for investment in the power grid. The promotion of public-private partnerships is seen as essential by … [Read more...] about Prime Minister seeks electricity supply guarantees

Illustrative image (Source: VNA) Hanoi (VNA) – Minister of Transport Nguyen Van Thang cleared up queries regarding transport infrastructure and the registration of road vehicles and inland waterway vessels, at a question-and-answer session of the 15th National Assembly ’s fifth session in Hanoi on June 7. The ministry is working hard to materialise the Party’s and the State’s guidelines and strategies on transport infrastructure development to effectively contribute to socio-economic development, ensuring national defence and security, and enhancing international integration, Thang said. The sector’s disbursement of public investment fulfilled more than 96.5% of the plan in 2022, and more than 30% of the target in the first five months of this year, according to the official. Mentioning the implementation of projects, especially key ones, he said the progress has been ensured, adding 566 kilometres of expressways have been put into service since the beginning of … [Read more...] about Transport minister clears up transport infrastructure, vehicle registration questions

In an interview granted to the Vietnam News Agency in Prague, Dung said since the COVID-19 pandemic was brought under control, the traditional friendship and multifaceted cooperation between Vietnam and the Czech Republic have been thriving in all fields. The Czech Republic is highly interested in promoting relations with the Indo - Pacific, including Vietnam and some other ASEAN countries. He said the visit aims to continue effectively realizing the outcomes of previous visits, during which both sides will discuss measures to enhance political and diplomatic relations, maintain high-level exchanges, support each other at multilateral and international forums, effectively implement the E.U. - Vietnam Free Trade Agreement (EVFTA), and strengthen cooperation in trade and investment, national defense-security, sci-tech, education-training, culture, tourism, labor, and more. They will also debate the implementation of commitments, agreements and accords that have been signed, … [Read more...] about Foreign Minister’s Czech Republic visit reaffirms stronger ties: Ambassador

At the meeting (Photo: VNA) Hanoi (VNA) – Minister of Science and Technology Huynh Thanh Dat and Minister of Transport Nguyen Van Thang will take the floor at the Q&A session in the 15th National Assembly’s fifth session in Hanoi on June 7, which are televised nationwide. After Minister - Chairman of the Government Committee for Ethnic Minority Affairs Hau A Lenh and Government members explain relevant issues, Minister Dat will be questioned about national sci-tech development strategy; hi-tech application for socio-economic development, especially in agriculture; the allocation, management, and use of State budget for scientific research; the commercialisation of research results from institutes, universities and public service units; mechanisms and policies to encourage private investment in the field; and the enforcement of laws and policies regarding sci-tech development fund for enterprises. Deputy Prime Minister Tran Hong Ha and ministers of Finance, Planning and … [Read more...] about Sci-tech, transport issues to be placed under microscope in NA’s fifth session

New Zealand Deputy Minister of Foreign Affairs and Trade Vangelis Vitalis In the near future there will be many opportunities to develop Viet Nam-New Zealand relations in many aspects, according to New Zealand Deputy Minister of Foreign Affairs and Trade Vangelis Vitalis. On the sidelines of the 8th meeting of the Viet Nam-New Zealand Joint Trade and Economic Commission (JTEC), he spoke about the results of the meeting and the prospect of cooperation and investment between Viet Nam and New Zealand. What are the results of the 8th JTEC meeting? How do you evaluate the cooperation between the two countries in economics, trade and related fields after the 7th JTEC meeting in 2020? The joint trade economic cooperation talks are always a very important moment in the bilateral relationship between Viet Nam and New Zealand. And the things Viet Nam's Deputy Minister of Industry and Trade Phan Thi Thang and I focus on are practical things. These things will benefit our businesses, … [Read more...] about Viet Nam and New Zealand have great potential for economic and trade cooperation

Check out the latest news in Vietnam today: Politics -- President of Kazakhstan Kassym-Jomart Tokayev will pay an official visit to Vietnam from Sunday to Tuesday at the invitation of Vietnamese State President Vo Van Thuong, the Ministry of Foreign Affairs announced on Wednesday. -- Deputy Minister of National Defence Senior Lieutenant General Hoang Xuan Chien on Wednesday received Director of the U.S. Defence Prisoners of War/Missing In Action ((POW/MIA) Accounting Agency Kelly K. Mc Keague, the Vietnam News Agency reported. Business -- Work on four expressway projects, namely Beltway No. 3 in Ho Chi Minh City, Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau, Chau Doc-Can Tho-Soc Trang, is expected to begin concurrently on June 18, according to the Ministry of Transport’s proposal recently sent to the prime minister. -- Thuduc Housing Development Corporation in Ho Chi Minh City could undergo a leadership shakeup again as its board chairman Nguyen Huy Hoang has … [Read more...] about Breakfast @ Tuoi Tre News – June 8

Cambodian Prime Minister Hun Sen and Ambassador Extraordinary and Plenipotentiary to Vietnam in Cambodia Nguyen Huy Tang participated in the project’s ground breaking ceremony in the capital city of Phnom Penh, Voice of Vietnam (VOV) reported. Prime Minister Sen said the highway would bolster Cambodia’s socio-economic development, especially in terms of trade, commerce and tourism between Cambodia and other countries in the region, including Vietnam. The four-lane, 135-km highway will begin in Phnom Penh City and then run through Kandal, Prey Veng and Svay Rieng provinces. It will connect with Vietnam at the Moc Bai border gate in Tay Ninh, which connects with Bavet City in Svay Rieng on the Cambodian side. At the border, the new road will connect with Vietnam’s upcoming Moc Bai-HCMC Expressway. … [Read more...] about Cambodia begins building new expressway to Vietnam

The construction ministry has raised two reasons for the non-disbursement of the credit package of VND120 trillion (US$5.14 billion) launched by the government about two months ago for developing projects to build social houses and houses for workers, and upgrade deteriorated apartment buildings. In a recent report to the Prime Minister in relation to the credit package, the ministry said around 100 projects for building social houses and houses for workers have been licensed for construction but local authorities have yet to publicly announce lists of specific projects. Therefore, banks related to this package have not been able to provide loans sourced from this package to investors and buyers in such projects, the ministry said. The second reason that blocked the disbursement of the package is that most of these projects have yet to be ready for implementation as they remain in the completion stage for investment procedures. Earlier, at a recent conference on building one … [Read more...] about Construction ministry explains why $5.14bn credit package yet to be disbursed