Solar power plant connected to grid

“Around this time in previous years, several customers already deposited money [for the trees], or even purchased them early, but we have received no orders so far this year,” another worker at a different ornamental tree garden in the same district said, adding that growers like him hope that affordable prices will stimulate the shopping spree ahead of Tet. … [Read more...] about Northern grapefruit, orange plants on sale in Ho Chi Minh City for Lunar New Year

Dang Hoang Hai Anh, senior economist of the World Bank in the United States, concurred that the domestic purchasing power is a crucial factor. He stressed that before the coronavirus outbreak, an economic growth model based on the domestic purchasing power had been tabled for discussion globally. For Asian nations such as Vietnam where saving rates are high among the local people, efficiently exploiting such sources of capital could help restore the purchasing power. While focusing on the domestic purchasing power, the Government and enterprises would need to include more measures to boost consumption. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16

On December 13, 2018, the Prime Minister issued Decision 1740/QD-TTg approving the target program. Seventeen communes, with 9,890 villages and 1.05 million households expected to benefit. Specifically, until 2020, the program hoped to supply stable power services to households in the areas from the national power grid, new and renewable power resources with a target of giving power access to almost all rural households. … [Read more...] about Over 870.000 households to access electricity in 2021-2025

Tourism has become a spearhead economic sector. Dozens of large-scale tourism projects have been carried out, with an array of high-end resorts serving both domestic and international visitors. The Bai Truong tourism complex is being formed, giving the Phu Quoc urban area a facelift. … [Read more...] about Phu Quoc island city draws $16.5 billion in investment

Local trade-service production expanded by an average of over 19 per cent each year during the last five years, doubling the rate in its home province of Kien Giang in the Mekong Delta. State budget collections rose an average of 19 per cent annually and accounted for more than 40 per cent of the province’s total collections. … [Read more...] about Phu Quoc island city draws US$16.5 billion in investment