By Donald Lambert - Principal private sector development specialist Asian Development Bank As a result, many SOEs are no longer borrowing through the government, but they are still using debts sub-optimally. That is a big deal. SOEs accounted for 29 per cent of GDP as of 2016 and comprised seven out of Vietnam’s 10 largest corporations in 2018. They are dominant in infrastructure and other sectors that are key to improving Vietnam’s productivity. … [Read more...] about How to drive the economy by reforming state-owned debt
Qatar state owned oil company
The Ministry of Finance also stressed that leaders of ministerial and central agencies and chairmen of provincial people’s committees must to work more actively to complete the Government’s equitisation plans and they must be accountable for the plan implementation progress. — VNS … [Read more...] about Six companies get equitisation plans approved in January-August
In Thursday’s press release, the U.S. State Department affirms that the country stands shoulder-to-shoulder with its ASEAN partners to mitigate the current pandemic, and also to strengthen ASEAN’s ability to prevent, detect, and respond to future zoonotic and other infectious disease outbreaks. … [Read more...] about US CDC to open Southeast Asian office in Hanoi: State Dept.
The General Director informed that the VNA produced a number of high-quality news products winning awards at home and abroad. This week, its “Say no to Fake News” project won the top prize in the category “Best Project for News Literacy” – one of ten categories within the framework of the Asian Digital Media 2020 Awards presented by WAN-IFRA, the World Association of News Publishers. … [Read more...] about VNA needs to maintain position as Party, State’s trustworthy information center: PM
Jakarta (VNA) - The State-owned electricity giant PLN estimates that Indonesia needs more than 31,000 new electric vehicle (EV) charging stations by 2030 to reach government goals. According to the PLN’s development roadmap, private and public companies need to invest 3.7 billion USD to install 31,000 commercial charging stations over the course of the next decade. Over a third of the stations will be in Jakarta while the rest in cities as far east as Makassar, South Sulawesi. PLN Vice President for Technology Zainal Arifin said the most effective way is charging overnight so that PLN can make night-time electricity cheaper. The company projects over 326,000 EVs on the road between 2020 and 2025, which would slash Indonesia’s reliance on oil, a commodity that is heavily imported at the expense of the country’s swelling trade deficit. On September 1, the ministry inaugurated the country’s first set of battery swapping stations for electric motorcycles. The … [Read more...] about Indonesia needs 31,000 charging stations by 2030