Photo for illustration In January-July, the company produced and imported 142.47 billion kWh, up 2.09 percent against the same period last year, of which hydropower was 29.22 billion kWh (down 20.52 percent), coal thermal power 80.87 billion kWh (up 14.54 percent), gas turbines 22.4 billion kWh (down 15.36 percent), oil thermal power 1.03 billion kWh (up 33.11 percent), and renewable energy (wind power, solar power, and biomass power) 6.33 billion kWh. … [Read more...] about Nearly 20,000 rooftop solar power projects installed
Ncaa nearly topped 1 billion in revenue in 2014
Nguyen Quoc Ky, chairman of leading tourism company Vietravel, said that leaving the market will make it almost impossible to come back. Companies need to do all they can to survive and to keep their brands alive, otherwise they will have no chance when the situation improves, he said. … [Read more...] about Covid-19 makes life more difficult second time around: businesses
If there is more trade from the EU to Vietnam, it is likely that the EVFTA will trigger a new wave of FDI from the EU into this country. Investments from the EU are of top quality. European FDI comes with high standards of corporate social responsibility for protecting and training workers and employees, as well as for respecting and protecting the environment. These spillover effects are essential for economies like Vietnam to avoid the middle-income trap. It allows Vietnam to promote economic growth, create better jobs at the same time while ensuring sustainable development. … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
According to Karim Klaa, New World Saigon’s acting general manager, several prominent five-star hotels in Ho Chi Minh City such as New World, Caravelle, and Renaissance will adjust their room rates in the next 12 months due to upgrade and renovation. … [Read more...] about In Vietnam, 5-star hotels outshine 4-star in different aspects: Grant Thornton