Non trading deficits on loan relationships guidance note

Deputy Foreign Minister Ha Kim Ngoc addresses the conference in Hue city, Thua Thien - Hue province, on September 28. (Photo: VNA) Thua Thien - Hue (VNA) – The Government has strongly ordered ministries, sectors, and localities to provide the best possible conditions for foreign non-governmental organisations (NGOs) to operate effectively and stably, Deputy Foreign Minister Ha Kim Ngoc affirmed at a conference on September 28. The conference, held in Hue city by the Ministry of Foreign Affairs (MoFA) and the Thua Thien - Hue provincial People’s Committee, focused on the implementation of the Government’s Decree No 58/2022/ND-CP, dated August 31, 2022, on the registration and management of foreign NGOs in Vietnam. It was attended by over 200 representatives from ministries, central agencies, localities, and foreign NGOs in Vietnam. Addressing the event, Deputy Minister Ngoc, who is also head of the working committee on foreign NGOs, said foreign NGO affairs form an … [Read more...] about Vietnam provides best possible conditions for foreign NGOs: official

The increase in electricity prices remains a hot topic as it has a major impact on households and businesses alike. Vietnam Electricity (EVN) has proposed another increase in retail electricity prices to compensate for its losses. Speaking at the state capital management in enterprises seminar last week, Nguyen Xuan Nam, vice president of EVN, said, "EVN accepts selling electricity at much lower prices than feed-in-tariffs (FiT). Although electricity prices have climbed three per cent in 2023, it only minimizes some parts of lingering difficulties since 2022. This year, retail electricity prices were not adjusted in a timely manner. As a result, EVN has incurred a loss of $1.48 billion." He added, "EVN's main task is to ensure a sufficient supply of electricity to the economy. However, the company encounters many challenges in mobilising and balancing its capital to fund its initiatives and ensuring safe operation and sufficient electricity supply in the following years. In 2023, … [Read more...] about Adjusting electricity tariff vital to the energy sector

Hanoi takes a selective approach to attracting investment, prioritizing projects in high-tech, clean-tech, and environmentally friendly sectors. Hanoi will create conditions for domestic and foreign investors to develop the semiconductor industry in the city and the whole country, said Deputy Chairman of Hanoi People's Committee Nguyen Manh Quyen at the seminar "Development of Semiconductor Ecosystem and Connection for Investment in Hanoi" on September 27 in Hanoi. Delegates at the conference. Photo: The Hanoi Times He stated that the semiconductor industry is of great interest to the Government and the Prime Minister as it enhances Vietnam's participation in regional and global value chains and the development of high technology, electronics, semiconductors, financial centers and innovation. "Prime Minister Pham Minh Chinh encouraged US semiconductor companies to deepen and expand their investments in Vietnam at various stages, including infrastructure … [Read more...] about Hanoi encourages semiconductor investment