During the 78 th UN General Assembly High-Level Week in New York, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including the space exploration tech firm SpaceX on September 20. In a notable discussion, PM Chinh met with Tim Hughes, senior vice president in charge of Global Business and Government Affairs at SpaceX. During their conversation, Hughes said, "SpaceX is planning an investment of approximately $500 million in Vietnam, and we're keen on obtaining a licence to introduce our Starlink services in the country." Chinh warmly welcomed SpaceX's proactive investment proposal and encouraged the company to "coordinate with Vietnamese agencies and relevant entities to expedite the project's deployment." Additionally, it's essential to consider competitive pricing to align with Vietnam's developmental objectives and legal framework," Chinh said. The PM emphasised the need for SpaceX to collaborate with Vietnam's Ministry of Planning … [Read more...] about SpaceX targets $500 million investment in Vietnam
Consider investing in plastic storage bins to keep equipment safe
Green goals can be achieved with collective focus
What does the deal mean to your company and customers? Sébastien Prioux, CEO of GreenYellow Vietnam and Cambodia This transaction represents a significant milestone for GreenYellow and our partners. With more than 180MWp of solar projects in operation and construction, we are focusing on offering very competitive solar electricity to our clients thanks to our ability to finance our projects through aggressive conditions. This deal with the Asian Development Bank and other pool of lenders is an innovative competitive project financing mechanism combining both offshore loans and grants which also covers the lack of long-term VND funding at a fixed interest rate, and potential volatility of the VND-USD exchange rate. In the end, this will benefit to all our clients and partners. Vietnam aims for 50 per cent rooftop solar adoption in offices and residential buildings by 2030. How can the nation realise the target? Vietnam has a very ambitious strategy under the … [Read more...] about Green goals can be achieved with collective focus
Vietnam, Japan go together, head to future, reach out to world
Vietnamese Prime Minister Pham Minh Chinh (L) and his Japanese counterpart Kishida Fumio. (Photo: VNA) Hanoi (VNA) – The year 2023 marks the 50th anniversary of the establishment of Vietnam - Japan diplomatic relations (September 21, 1973 - September 21, 2023). During the past 50 years, the relations between the two countries have been strengthening and developing in fields. They have become important partners of each other, sharing strategic interests. The bilateral relationship framework has continually been heightened, from a "trusted, long-term stable partnership" (2002) to “Towards a strategic partnership for peace and prosperity in Asia" (2006), then to a "strategic partnership for peace and prosperity in Asia" (2009), and ultimately an "extensive strategic partnership for peace and prosperity in Asia" (2014). The two countries often exchange high-level delegations and convene meetings on the sidelines of international and regional conferences, thereby strengthening … [Read more...] about Vietnam, Japan go together, head to future, reach out to world
PM meets US Treasury Secretary, leaders of economic groups
Prime Minister Pham Minh Chinh (R) and Treasury Secretary Janet Yellen . (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh met with Treasury Secretary Janet Yellen in New York on September 20 (local time) to discuss cooperation between Vietnam and the US in economy and finance, and to share views on other issues of shared concern. The meeting took place as part of the Vietnamese leader’s trip to the US for the high-level week of the 78th session of the United Nations General Assembly, and bilateral activities in the country. Chinh affirmed that Vietnam considers the US a leading important partner, and stands ready to work together with the country to promote the bilateral relationship intensively, extensively, stably, and practically. Vietnam also regards cooperation in economy, finance, trade and investment as a priority of the bilateral comprehensive strategic partnership, and highly valued substantive contributions by Yellen and the US Department of the … [Read more...] about PM meets US Treasury Secretary, leaders of economic groups
Ho Chi Minh City to renovate downtown opera house
The Ho Chi Minh City People’s Council has approved a plan to revitalize the Municipal Theatre, also known as the Saigon Opera House, as the theater has fallen into a state of degradation. The renovation of the opera house, which is considered as one of the city’s iconic symbols, is estimated to cost VND337 billion (US$13.9 million). The repair is aimed at preserving the architectural values of the establishment to make it a further attractive destination for international tourists visiting the city and a venue for important festivals and events. Chau Huy Toan, who has worked at the opera house for 33 years, said he has witnessed the building undergo two renovations. The Saigon Opera House is situated at 7 Cong Truong Lam Son, Ben Nghe Ward, District 1, Ho Chi Minh City. The theater, developed over 123 years ago, is a popular destination for tourists to the city. In 1998, the city launched a large renovation of the theater and equipped it with modern sound … [Read more...] about Ho Chi Minh City to renovate downtown opera house