Illustrative image. Source: baotainguyenmoitruong.vn EVN has received a document from the MoIT about an electricity price agreement with solar power and transitional wind power plants. The document states that, on January 7, Minister of Industry and Trade signed Decision No.21/QD-BCT establishing the price bracket for the generation of electricity by solar and transitional wind power plants. On January 9, the MoIT issued Document No.107/BCT-DTDL, urging EVN and its investors in solar energy and transitional wind plants to urgently coordinate to negotiate and cooperate on electricity generation prices to ensure that they do not exceed the MoIT's electricity generation price bracket. The MoIT also issued Document No.1094/BCT-DTDL on March 2, directing EVN on how to fulfil the agreement on electricity pricing outlined in the Electricity Law. Based on the aforementioned guidelines, the MoIT requests that EVN and its investors agree on electricity prices by March 31. Up to now, … [Read more...] about EVN must settle transitional renewable energy power tariffs before March 31: MoIT
January 31 2018 lunar eclipse astrology
HCM City ready to respond to COVID-19 pandemic during Tet
A health worker checks the body temperature of foreign passengers at Tan Son Nhat Airport in Ho Chi Minh City . (Photo: VNA) HCM City (VNA) – Ho Chi Minh City's health sector is ready to prevent the spread of the COVID-19 pandemic during the upcoming Tet (Lunar New Year) holidays and festival season 2023. COVID-19 treatment hospital No.13 and be ready to activate within 24 hours when the pandemic situation worsens. All general and specialised hospitals in the city must be ready to receive and treat COVID-19 patients. Lunar New Year and festival season 2023. health sector will promote COVID-19 vaccinations and organise the peak month of vaccination from January 5 to the end of February, including the Tet holidays, to create favourable conditions for all people to be vaccinated on schedule./. VNA … [Read more...] about HCM City ready to respond to COVID-19 pandemic during Tet
Centuries-long lake in Hanoi gets facelift
With the facelift and the special value it boasts, Ho Van, a big lake belonging to the system of the Temple of Literature, is expected to become an appealing cultural-creative space of Hanoi in the years ahead. Ho Van or Ho Giam (Lake of Literature), also known as Minh Duong Lake, has recently undergone an important facelift that would be an attractive heritage site in the thousand-year capital city of Hanoi. Kim Chau Islet is the highlight of the new restoration of Ho Van . Photo: Minh An Located in front of the main gate of Hanoi’s famous Temple of Literature and across Quoc Tu Giam Street, the lake is an integral part of the national relic Van Mieu - Quoc Tu Giam or Temple of Literature, so the preservation and promotion of its value will contribute to the protection of the relic. The renovation of Ho Van took several years to complete. A fresh look Located in the premise of the special national relic complex of the Temple of Literature … [Read more...] about Centuries-long lake in Hanoi gets facelift
Myanmar to take 1,000 Rohingya refugees in pilot programme: junta
Myanmar will accept the return of around 1,000 Rohingya refugees in a pilot repatriation programme, with a junta spokesman telling AFP Wednesday the resettlement would likely begin by mid-April. Major Rohingya refugee camp populations in Bangladesh, as of January 31, 2023. / AFP / Gal ROMA AND AFP AND Laurence CHU "We will receive people back according to both countries' agreement... About 1,000 people will be in (the) first batch," Zaw Min Tun told AFP. "Myanmar side is checking some lists at this moment." Bangladesh is home to around a million Rohingya, most of whom fled neighbouring Myanmar following a 2017 military crackdown, now subject to a UN genocide investigation. A delegation of 17 officials from Myanmar's military regime met with around 480 refugees over the past week in a process brokered by China and partly facilitated by the United Nations. The team were officially there to assess refugees for potential return, based partly on whether they could … [Read more...] about Myanmar to take 1,000 Rohingya refugees in pilot programme: junta
Retail stocks drop amid economic downturn and high interest rates
A customer shops for mobile phones at a Mobile World store. For Mobile World (MWG), Q4 profit after tax dropped sharply by 60.4% year-on-year to 619 billion VND, a multi-year low. (Photo: thegioididong.com) Hanoi (VNS/VNA) - Retail stocks have dropped significantly due to the decline in business results in the context of the global economic recession and high interest rates. Mobile World (MWG) and Digiworld (DGW) are both hovering around the long-term bottom with a drop of more than 50% from the peak. Petrosetco (PET) has been almost flat since the beginning of February while Petrosetco Distribution JSC (PSD) is finding the bottom. This duo has dropped by 60-65% of the market price compared to their peak. The Phu Nhuan Jewelry Group (PNJ) and FPT Retail (FRT) have been struggling since the end of January. These two stocks have fallen by 16% and 38% respectively from the peak. The recent plunge in retail stocks partly came from the decline in business results. … [Read more...] about Retail stocks drop amid economic downturn and high interest rates
Trump says he expects to be arrested on Tuesday, calls for protests
Former U.S. President Donald Trump on Saturday said he expects to be arrested on Tuesday as New York prosecutors consider charges over a hush money payment to a porn star, and called on his supporters to protest. "Illegal leaks from a corrupt & highly political Manhattan district attorney's office ... indicate that, with no crime being able to be proven ... the far & away leading Republican candidate & former president of the United States of America, will be arrested on Tuesday of next week," Trump wrote on Truth Social. A spokesman for Trump said the former president had not been notified of any arrest. Trump provided no evidence of leaks from the district attorney's office and did not discuss the possible charges in his post. "Protest, take our nation back!" said Trump, whose supporters stormed the U.S. Capitol building on Jan. 6, 2021, to try to overturn his 2020 presidential election defeat. The probe comes as Trump seeks the Republican nomination for the … [Read more...] about Trump says he expects to be arrested on Tuesday, calls for protests
Smartphone sales tumble in Vietnam
Less than 2.5 million smartphones were sold in Vietnam this January and February, down 30% year-on-year, according to an industry report reviewed by VnExpress . "This year consumers have tightened their spending, even during the Tet holiday, which has been peak shopping season for years," said Nguyen Lac Huy, a media representative at retail chain CellphoneS, referring to the Lunar New Year holiday which fell at the end of January this year. Industry insiders estimate that sales since the beginning of this year have dropped to levels not seen in at least two or three years. In recent years, growth over the same period has often been within the 5-15% range. This decline is in line with global trends. Smartphone sales worldwide in the last quarter of 2022 plunged 18.3% year-on-year, according to the International Data Corporation (IDC). It was the steepest decline in a quarter since 2013, IDC reported. Total smartphone sales in 2022 dropped by 11.3% from 2021. In Vietnam, … [Read more...] about Smartphone sales tumble in Vietnam
Viet Nam’s retail market proves attractive for foreign investors
People shopping at a supermarket in Ha Noi. — VNS Photo Mai Huong Viet Nam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth US$142 billion and is expected to increase nearly 2.5 times to $350 billion by 2025. In January, total retail sales of consumer goods and services decreased by 6 per cent on-month to more than VND481.8 trillion (US$20.4 billion) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13 per cent year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13 per cent over the same period of 2022 to over VND994.1 … [Read more...] about Viet Nam’s retail market proves attractive for foreign investors
Vietnam’s retail market proves attractive for foreign investors
People shop at a supermarket in Hanoi. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam is becoming an attractive retail market for companies all over the world with many regional and global FDI investors recently announcing plans to increase capital and expand distribution networks here. According to the Ministry of Industry and Trade, the Vietnamese retail market is worth 142 billion USD and is expected to increase nearly 2.5 times to 350 billion USD by 2025. In January, total retail sales of consumer goods and services decreased by 6% on-month to more than 481.8 trillion VND (20.4 billion USD) due to weaker demand as many commodities were purchased ahead of the Lunar New Year. People spent more on festival activities post Tet, said the General Statistics Office. However, it still rose 13% year-on-year. For the first two months of the year, the country’s total retail sales of consumer goods and services advanced 13% over the same period of 2022 to over 994.1 trillion VND. … [Read more...] about Vietnam’s retail market proves attractive for foreign investors
Vietnam’s CPI inches up in Q1
Vietnam’s consumer price index (CPI) in the year’s first quarter edged up around 4.3% year-on-year, showed official data. Shoppers at a local supermarket – Photo: Dantri The Ministry of Finance attributed the CPI rise to a 7.2% increase in housing and construction material prices and a pickup of 4.5% in food prices. The increasing housing and construction material prices resulted from higher rent and input costs such as cement, steel and sand, which contributed 1.4% to the overall growth. Meanwhile, the strong food demand during the Lunar New Year holiday in January sent food prices up, thus pushing up the CPI by 1%. Education services edged up 11% as tuition fee support in some parts of the country had ended, resulting in an increase of 0.6% in the CPI. The ministry has worked out three inflation scenarios for the second quarter and the rest of the year, with an average CPI growth ranging from 3.9% to 4.8% this year. … [Read more...] about Vietnam’s CPI inches up in Q1