VietNamNet Bridge - If solar power projects do not start prior to June 30, 2019, investors will not be able to sell electricity to the Electricity of Vietnam (EVN) at the price of 9.35 cent per kwh for 20 years, under a new decision. The government of Vietnam encourages investment in solar power More solar power projects have been put on the table of the state management agency after the Prime Minister released Decision 11 to encourage investment in solar power development. According to Thoi Bao Kinh Te Sai Gon, hundreds of wind power projects have been registered over the last year with the total capacity of over 12,000 MW. RELATED NEWS Solar power market attracts flood of investors Investors becoming more interested in solar power Kim Chi … [Read more...] about Investors race against the clock to fulfill solar power projects
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VietNamNet Bridge - Nguyen Van Sanh from the Mekong Delta Development Research Institute, in an article on Thoi Bao Kinh Te Sai Gon, says that water sources have not been managed or used effectively. Mekong Delta people need to use water effectively The water in the delta comes from many sources – the Mekong river system (475 billion cubic meters a year), rainwater (15 billion cubic meters), underground water (2 billion cubic meters) and saltwater with a coastline thousands of kilometers in length. Fresh water sources in the Mekong River Delta have shown signs of becoming exhausted, while underground water is being polluted. RELATED NEWS Vietnam uses high-tech measures to save water Mekong Delta faces major water crisis Mai Chi … [Read more...] about Waterways in Mekong Delta losing valuable alluvium
Long-term capital shortage the key bottleneck in economic growth: forumBy Hoang Khang Deputy Prime Minister Vuong Dinh Hue speaks at the Vietnam Economic Forum taking place in Hanoi on August 21 – PHOTO: VNE HCMC – Speakers at the Vietnam Economic Forum taking place in Hanoi today drew attention to the shortage of long-term capital, saying it is the main bottleneck in the country’s economic development and urging the Government to have policies to address the issue. The forum comprised of two sessions, with the first one discussing solutions to restructure Vietnam’s financial market and the second one looking for ways to bring into play private resources to rev up the country’s economic growth. The event featured high-profile speakers including Deputy Prime Minister Vuong Dinh Hue, Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong, representatives of ministries, financial institutions such as the World Bank and the Asian Development … [Read more...] about Long-term capital shortage the key bottleneck in economic growth: forum
Friday's Tale Low-flying option? Son Nguyen Friday, Apr 7, 2017,06:55 (GMT+7) Low-flying option?Son Nguyen The Ministry of Transport is now facing a tough choice: whether to advocate competition in the civil aviation industry to benefit the public by refusing proposals to impose a floor airfare, or to curb competition by siding with national flag carrier Vietnam Airlines and its affiliate Jetstar Pacific. It is tough because the two State-owned carriers want a floor air ticket price set to ensure profitability, but taking this option means putting the public interests at stake, let alone it goes against the basic rules of the market economy. Such a dilemma, so to say, has stolen the spotlight in local media these days. In their proposals sent to the ministry, both Vietnam Airlines and Jetstar Pacific call for a floor airfare as a cushion in the fierce price war against private airline Vietjet Air. The private carrier, meanwhile, … [Read more...] about Low-flying option?
VietNamNet Bridge - After winning bids to sell rice to Indonesia and the Philippines, Vietnamese exporters are attending a bid to sell rice to South Korea and preparing for another contract with the Philippines. The door to world market opens for Vietnamese rice exporters Pham Thai Binh, director of Trung An Hi-tech Agriculture JSC, said in Thoi Bao Kinh Te Sai Gon newspaper that his company and other exporters had offered to sell rice to South Korea. The export value increased significantly thanks to higher export prices. In the first quarter, the average export price was $501 per ton, or 15 percent higher than the same period last year. The Vietnam Food Association (VFA) has not said whether Vietnamese exporters would continue to join the new bid. However, some businesses predicted that it would. RELATED NEWS Vietnamese prefer Thailand’s expensive rice to Vietnam’s cheap rice Auspicious start to Vietnamese rice export in 2018 Kim Chi … [Read more...] about Door to world market opens for Vietnam’s rice exporters