Energy sector

A sign in front of My Khe beach in Da Nang. The Vietnam National Administration of Tourism is taking steps to recover the tourism market amid a new COVID-19 outbreak. Photo Hugh Bohane Speaking at an online meeting on Friday, Nguyen Trung Khanh, director general of the VNAT, said the agency was working with localities to rehabilitate the tourism industry as the new outbreak has hit businesses again after three months of no locally transmitted cases of COVID-19. … [Read more...] about Tourism sector takes steps to recover market amid new COVID-19 outbreak

The ministry will closely monitor the country’s real estate market and provide regular updates on the market and work hand in hand with the Ministry of Finance to fine-tune real estate-related financial and tax policies. It will also partner with the State Bank of Vietnam to tighten stricter controls on credit services. It plans to join hands with relevant ministries and agencies to deal with challenges in State budget allocation for the key housing programmes. The Ministry will work more on stabilizing prices of construction materials and  fuel the development and production cutting-edge building materials that help reduce costs of construction. This year, a score of proper measures will be taken to spur the development of the affordable housing in urban areas and low-cost housing for workers at industrial parks and undertake affordable housing projects. … [Read more...] about Housing sector targets this year’s growth of beyond 8%

NamA Bank, in its latest annual report, mentioned the consolidated pre-tax profit of 13.47 percent compared with 2019. However, it still has not made any official announcement. Prior to that, NamA Bank, in its latest annual report, mentioned the consolidated pre-tax profit of 13.47 percent compared with 2019. However, it still has not made any official announcement. … [Read more...] about VN banking sector 2020: lower profitability, higher vulnerability anticipated

The patient died on July 31 morning of a heart attack at Huế Central Hospital in Thừa Thiên Huế Province, where he was being treated for coronavirus. The information was released at a meeting of the National Steering Committee for Covid-19 Prevention and Control that took place in Hanoi the same day. … [Read more...] about First death related to COVID-19 in Vietnam

As of January this year, Elite JSC has been appointed as an authorised distributor for Eaton’s Distributed Power Quality (DPQ) and Critical Power System (CPS) products. Underscoring Eaton’s commitment to the Vietnam market, the alliance enhances access to the company’s uninterruptible power supply (UPS) and power protection solutions, particularly for the IT industry; as demand for energy continues to grow. … [Read more...] about Eaton announces new distributor partnership with Elite JSC, bolstering its presence in Vietnam