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VinFast, a unit of Vietnam’s biggest private conglomerate Vingroup, entered the auto industry three years ago. It has an auto plant in the northern province of Hai Phong and research and development centers in Australia, Germany and the U.S. … [Read more...] about VinFast introduces self-driving car models

HCM City (VNA) - Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20. Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu considered abolishing black credit as one of the important tasks that has been continuously implemented across the whole credit institution system in Vietnam. In recent years, the SBV and credit institutions in localities have been cocoordinating with the Ministry of Public Security and local authorities in implementing drastic measures to limit black credit. In the future, the SBV will continue improving the awareness of local people about credit policies, loan packages and procedures for loan applications so that local people could easily access bank loans. Meanwhile, the State Bank will study and soon complete legal documents … [Read more...] about Promoting consumer finance to fight black credit: experts

Hanoi (VNA) – Tour business Vietravel is providing a bundle of promotional spring tours and airfares for visitors at the second iteration of the Tet (Lunar New Year) Festival 2021, which takes place from January 21-24 at Le Van Tam Park, Ho Chi Minh City. The packages offer customers optimized itineraries with prices up to 30 percent lower than normal to travel to popular destinations across the nation during Tet holiday. Vietravel is selling 14 Tet tours at shocking prices, applied for buyers who make payment during the four-day festival, 16 tourism products with price slashed by 1.5 million VND (USD), and many other attractive promotions designed to help boost post-pandemic recovery of the tourism industry. At the festival, the newly launched Vietravel Airlines opened ticket sales for flights between HCM City and Hanoi/Phu Quoc/ Da Nang/Nha Trang, Hanoi and Phu Quoc/Da Nang/Hue, with prices starting from 0 VND. Customers can enjoy the cheap fares for departures from January … [Read more...] about Vietravel offers discounts on spring tours, airfares

The 220kV power transformer is a critical link in the renewable energy delivery value chain Hitachi ABB Power Grids recently supplied and commissioned a 220kV power transformer to Toji Group for the fast-tracking of the 50MWp Loc Ninh 5 Solar Power Plant to close out the Loc Ninh 1-5 series of solar projects with a total capacity of 800MWp in the southern province of Binh Phuoc, developed by Hung Hai Group. This makes it one of only two companies in Vietnam capable of manfacturing and supplying 220kV power transformers. … [Read more...] about Hitachi ABB Power Grids expands transformer manufacturing in Vietnam

Presently, the agriculture structure has switched to urban agriculture with application of biological technologies. Moreover, farmers reduced low-yield rice area and sugarcanes and converted to other crops with high value such as ornamental plants, orchid, fish, ox, and swift. … [Read more...] about HCMS’s ornamental fish export revenue surpasses US$17.26 million