Grow strong

The size of the DPPA program is expected to range 400-1000MW, and will be available for wind and solar producers with a capacity greater than 30MW and consumers in industrial manufacturing purchasing electricity at a voltage level of 22 kV or larger. Fitch Solutions believed these developments will encourage further growth and investment in the sector. … [Read more...] about Vietnam wind power sector to see growing opportunities: Fitch Solutions

Vice Foreign Ministry Spokesman Doan Khac Viet Based on agreements reached by both sides, including the 2011 Memorandum of Understanding for Advancing Bilateral Defense Cooperation, the 2015 Joint Vision Statement on Defense Relations and the Plan of Action for Defense Cooperation for 2018 – 2020, the two countries are promoting bilateral defense ties, including in maritime security and improvement of legal enforcement capacity at sea, contributing to maintaining peace, stability, cooperation and development in the region and the world, he said. … [Read more...] about Vietnam – U.S. comprehensive partnership growing: Foreign Ministry

The special working group was established to build competitive investment attraction policies to tap into the wave of investment going into this global strategic relocation. The policies to be created include incentives on tariffs, access to land, as well as solutions to prevent further disruptions to the supply chain and a lack of human resources. In addition, as a key priority for investors is stability and legal consistency, the special working group will complete the relevant legal framework. … [Read more...] about January-May foreign investment inflows reach $13.9 billion, promising strong rebound

The Southern Hydro-Meteorological Station noted that from the second half of May, the flow in the upstream of the Mekong River to the Mekong Delta is 5-20 percent higher than the average of many years, the water level in the upstream of the Cuu Long River is higher than the average of many years from 0.1-0.3 meters. Saltwater intrusion continues to decrease gradually. In the flood season this year, there is little likelihood of early flooding in the riverhead of the Cuu Long River; flood peak is likely only at alarm level 1 or 2, lower than the flood peak of the average of many years from 0.2 to 0.4 meters; flood peak is forecasted to appear around the end of September this year. … [Read more...] about Summer-autumn rice production in Southern provinces exceeds 9.1 million tons

On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30