Just energy transition

Practical power direction can propel SOE fortunes At a seminar last week co-hosted by VIR and the Commission for the Management of State Capital at Enterprises (CMSC), Pham Van Son, head of the CMSC’s General Department, said that the 19 groups and corporations under it have undergone significant changes in the past few years. As of the end of 2022, the total consolidated ownership capital of these groups and corporations accounted for approximately 63 per cent of the total equity and 65 per cent of the total assets of state-owned enterprises (SOEs). “In comparison to 2018, the total consolidated equity increased from over $45.6 billion to more than $49.6 billion, and the total consolidated assets rose from over $98.5 billion to $103.8 billion. Key production and business indicators achieved annual growth,” he said. Notably, these 19 groups and corporations have received approval, implemented, and completed investments in 185 group A projects and 455 group B projects. Since … [Read more...] about Practical power direction can propel SOE fortunes

CEO Tran Huu Dat, General Director of AB Mauri Vietnam. Photo courtesy of AB Mauri Vietnam What are your thoughts on the domestic and foreign economies during this period of inflation? In terms of the global economy, everyone expects 2023 to be a boom year following the strong rebound of 2022. However, this year has proven to be more difficult than expected. Vietnam has been a part of the international market for many years; therefore, it is difficult to avoid being affected by these issues, even though domestic inflation is a little slower than in other countries. One of Vietnam's advantages is that it has well-controlled inflation compared to the high rates in the United States and Europe. This has resulted in a significant drop in the domestic consumer price level in the first seven-month period of 2023. This is a positive indicator, demonstrating the government's efforts through the recent implementation of domestic inflation control strategies. Furthermore, this is … [Read more...] about AB Mauri’s business development strategy amid rising inflation

Nguyen Thi Tuoi, a 64-year-old woman living in the district, recently finished a five-story building with 41 rooms for rent after a year of construction. In order to meet the high standards of renters, she decided to fully furnish the rooms with beds, closets, desks, chairs, air conditioners, and private bathrooms. She also installed a fire alarm system that is up to standards inside the building. She plans to fix the price of rent at VND3 million (US$123) per month. The idea of starting a rental business came to her at the beginning of 2022, when she saw that there was high demand from students of FPT University and Vietnam National University Hanoi, especially because many nearby rentals were nearly full. The five-story building with 41 fully furnished rooms belonging to Tuoi’s family in Hanoi's Thach That District, the morning of Sept. 12, 2023. Photo by VnExpress/ Quynh Nguyen "My family had a few hundred square meters plot of land right next to the road, near … [Read more...] about Hanoi’s student apartments ‘hungry’ for tenants

Sedona Suites Ho Chi Minh City creates ultimate venue for business and leisure It is the preferred choice for discerning travellers, providing an ideal location, extensive facilities, and a commitment to excellence. Located in the heart of Ho Chi Minh City, Sedona Suites boasts an enviable address that puts guests at the centre of the action. With a plethora of on-site dining options and a Saigon Centre mall right at your doorstep, the culinary delights of Vietnam are just a few steps away. Owning such a prime location where convenience meets quiet luxury, whether it's shopping, dining, or experiencing the local culture, it offers the ideal starting point for your adventure.The property seamlessly caters to both short-stay and long-stay guests. Its suites are thoughtfully designed to meet the needs of all guests, whether you're here for a brief visit or an extended stay. You'll find all the amenities and services necessary for a comfortable and productive stay. Additionally, … [Read more...] about Sedona Suites Ho Chi Minh City creates ultimate venue for business and leisure