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The Van Phong 500kV transformer station under construction in Khanh Hoa province (Photo: VNA) Hanoi (VNA) – Vietnam Electricity (EVN) said it will make adjustments to the power grid to ensure power supply for daily public energy use in the second quarter - the peak of the dry season, when power generation becomes a serious issue. Daily consumption in April was estimated at 779 million kWh while load power stood at about 42,124 MW, rising 5.3 percent year on year. Difficulties are likely to linger on this season in terms of coal supply for thermal power plants . The State-owned group said coal shortages were recorded in Q1, at 1.36 million tonnes lower than the contracted volume, forcing thermal power plants to cut turbines, reducing output by 1.365 billion kWh. Facing that reality, the firm worked with coal suppliers to find solutions and reported the problem to authorities. EVN flexed its fleet of hydropower plants so as to guarantee both power generation … [Read more...] about Vietnam Electricity gearing up to keep lights on for dry season

At the closing ceremony of SEA Games 31 . (Photo: VNA) Hanoi (VNA) – Vietnam has successfully organised SEA Games 31, rounding off the tournament with a spectacular ceremony, Malaysia’s media have said. In an article titled ‘Hanoi SEA Games ends in colourful, vibrant, spectacular style’, Vikneswaran Raman of the Malaysian news agency Bernama reviewed highlights of the Games’ closing ceremony at Hanoi's My Dinh Indoor Athletics Arena. The reporter said the ceremony, powered by stunning light shows and marked the rejuvenation of sports in the region. The article also noted Vietnam in its second time hosting the sports event, topped the medal tally with a massive 205-125-116 medal haul. At the closing ceremony (Photo: VNA) Echoing the view, the news site The Star lauded the successful organisation of the Games and the 90-minute warm and joyful farewell to international friends after excellent competitions. In an article reviewing Malaysia’s journey at the … [Read more...] about SEA Games 31: Malaysian media impressed with host Vietnam

Some localities have recently proposed not receiving vaccines or transfer the allocated vaccines, leading to the fact that the COVID-19 vaccination target is likely to be missed, the ministry said, citing a report from the National Institute of Hygiene and Epidemiology (NIHE). As of May 21, more than 219 million doses of COVID-19 vaccines have been administered nationwide. Localities have made great efforts in rolling out vaccination campaigns to ensure its safety and effectiveness and achieve a high vaccination rate. The number of vaccines received by the MoH is enough to give the 3rd and 4th shots for people aged 18 years and older who are eligible for vaccination, it said. The ministry proposed leaders of the provinces and cities direct the Departments of Health and related agencies to promptly review the number of people who are eligible for COVID-19 vaccination, focusing on completing the injection of third shots for people 18 years old or older in the second quarter of … [Read more...] about Localities urged to step up vaccination against COVID-19

President Ho Chi Minh meets with Italian journalists from the Communist newspaper l'Unità in 1959. (Photo: VNA) Seoul (VNA) – The ideology of patriotic nationalism pursued by President Ho Chi Minh remains alive today amidst a rise in competition for power among major countries, Professor Choi Gyu Youb from the Republic of Korea’s Hanshin University told Vietnam News Agency. The Korean professor admired the the great personality of the late leader who was largely respected even by enemies. Under the wise leadership of President Ho Chi Minh, Vietnam defeated two major powers – French colonialists and American imperialists, Choi noted, quoting the late leader as saying Vietnam possesses a weapon more formidable than the most advance one of the Americans, which is people’s solidarity and patriotic nationalism . He praised President Ho Chi Minh as a brilliant strategist who had a historical vision and decisions, saying his strategies were flexible, depending on each … [Read more...] about President Ho Chi Minh’s ideology remains alive: Korean professor

Chairman of the People’s Committee of the city Phan Van Mai speaks at the third session of the 15th-tenure National Assembly (NA). The proposal was conveyed by Head of the HCMC Delegation of NA Deputies, Chairman of the People’s Committee of the city Phan Van Mai at the third session of the 15th-tenure National Assembly (NA) on May 25. He reviewed recent positive socioeconomic changes after the Covid-19 pandemic has been basically under control in HCMC. The city has seen positive growth in the last four months thanks to the efforts, flexible policies and orientation of the municipal authorities. The commercial services sector reached a positive growth of 0.6 percent in May. Although key industries have a slow recovery, the tourism sector has bounced back strongly. The real estate market still shows signs of cooling due to the slow recovery and the tightening real estate credit that has restricted speculation and helped the market become more transparent. The government and … [Read more...] about HCMC expects to receive mechanism for active purchasing of medical products

Illustrative image. (Photo: VNA) Localities in the region have also organized investment promotion workshops to popularize Vietnam’s investment environment and its advantages and potential. In mid-May, Pandora, a Danish jewelry manufacturer, announced that it will invest US$100 million to build a new facility in the Vietnam Singapore Industrial Park (VSIP) in the southern province of Binh Duong under a memorandum of understanding signed between two sides. Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and strong commitment the group receives from the local administration was also a reason. According to the provincial People’s Committee, in the first four months of this year, Binh Duong attracted a total of $2.35 billion in 16 new projects, nine existing ones, and from the … [Read more...] about Key southern economic region a magnet for FDI

A student is vaccinated against Covid-19. (Photo: VNA) Some localities have recently proposed not receiving vaccines or transfer the allocated vaccines, leading to the fact that the Covid-19 vaccination target is likely to be missed, the ministry said, citing a report from the National Institute of Hygiene and Epidemiology (NIHE). As of May 21, more than 219 million doses of Covid-19 vaccines have been administered nationwide. Localities have made great efforts in rolling out vaccination campaigns to ensure its safety and effectiveness and achieve a high vaccination rate. The number of vaccines received by the MoH is enough to give the 3rd and 4th shots for people aged 18 years and older who are eligible for vaccination, it said. The ministry proposed leaders of the provinces and cities direct the Departments of Health and related agencies to promptly review the number of people who are eligible for Covid-19 vaccination, focusing on completing the injection of third shots … [Read more...] about Localities urged to step up vaccination against Covid-19

To promote the management of real estate transfer activities, the Ministry of Finance has sent an official dispatch to the People's Committees of provinces and centrally-run cities, to co-ordinate and implement solutions to prevent losses. — VNA/VNS Photo Thanh Dat Organisations and individuals buying, selling and transferring real estate under two separate prices, meaning that the actual purchase price is lower than that on the notarised contract, is increasingly common and has caused great losses of revenue to the State budget. The tax industry has implemented many solutions, recommending that taxpayers need to be honest in declaring actual prices to protect their own interests. In real estate transfer activities, there are still cases in which the house prices declared on real estate transfer contracts with notarised certification, are much lower than the actual prices. There are also contracts of purchase and sale of houses and construction works which are formed in the … [Read more...] about False declaration of prices in transferring real estate cause losses

Deputy Minister of Finance Nguyen Duc Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Viet Nam Securities Depository. Deputy Minister of Finance Nguyen Duc Chi, who was appointed to take the charge of the State Securities Commission from May 19, spoke to the media about solutions to ensure the stable and safe operation of the securities market in the future. What is the view of the Ministry of Finance on the recent violations of the State management agencies in the securities market? Recently, authorities inspected activities on the stock market as well as State management agencies in charge of the market and have discovered the shortcomings and weaknesses of officials and civil servants in the process of performing their duties. … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market