Vehicle insurance

Illustrative image (Photo: VNA) Hanoi (VNA) - Deputy Prime Minister Tran Hong Ha stressed the need to incentivise the conversion of fossil fuel-powered vehicles to electric vehicles and other types of clean energy . In his conclusions made at a meeting discussing the application of preferential electricity prices at electric vehicle charging stations, Ha said that the transition to green economic development is an inevitable trend and a goal that Vietnam is pursuing. It will also create opportunities for Vietnam to become a pioneer in the region in terms of green growth and recovery, thus keeping pace with the new development trends of the world, he added. The Deputy PM asked the Ministry of Transport to collaborate with the Ministries of Natural Resources and Environment, Finance, Industry and Trade, Planning and Investment, Science and Technology, and Justice; and related agencies to study international experience, conduct a comprehensive analysis of various … [Read more...] about Deputy PM stresses need to encourage use of electric vehicles

At the signing ceremony (Photo: VNA) Hanoi (VNA) - The Sun Taxi JSC on June 1 signed a contract to purchase 3,000 VF 5 Plus electric cars from carmaker VinFast, marking the biggest vehicle purchase contract in Vietnam so far, with delivery scheduled from now until 2025. It is part of Sun Taxi's strategy on green transformation, business expansion and service quality improvement, thus promoting Vietnam's green transportation revolution and supporting the country's overall goal of achieving net-zero emissions by 2050. In the initial phase, Sun Taxi will deploy electric taxi services in cities and provinces such as Quang Binh, Hue, Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Nha Trang (Khanh Hoa), Phan Thiet (Binh Thuan), Gia Lai and Kon Tum. By 2025, all 3,000 VinFast electric cars in Sun Taxi's fleet will be running throughout Vietnam. Since joining the taxi transportation market in October 2013, Sun Taxi has to date owned a fleet of 2,900 vehicles across 17 cities … [Read more...] about Sun Taxi signs deal to buy 3,000 VinFast electric cars

Vietnam has the 15th largest population of smokers in the world, and approximately 40,000 people die each year from diseases caused by smoking. National lawmakers have called on the Government to ban all e-cigarette products in Vietnam soon, citing health concerns. A no-smoking sign is labeled at a bookstore in Hanoi. Photo: Văn Sinh/The Hanoi Times The Government should amend the Law on Tobacco Harm Prevention and related regulations to stop the trade, circulation and use of e-cigarettes in Vietnam, Hanoi deputy Nguyen Anh Tri said on June 1. All these actions should be dealt with under the Penal Code, he said. Tri said new generations of cigarette products, including e-cigarettes, may contain illegal drugs and cause severe damage to people's health. However, he said, hardly anything was done to prevent these products from adversely affecting society. He called on the government to reduce the smoking rate to 30% by 2030. "The Government needs … [Read more...] about Vietnamese Government urged to ban e-cigarettes

The government's Private Economic Development Research Board did a survey along with VnExpress on the situation of employees this year at the end of April, polling 8,343 people. It found 31% unemployed, and of them, 53% had worked in real estate, 44% in construction and 43% in hospitality. The highest unemployment rates were reported in Ho Chi Minh City, its neighboring provinces of Dong Nai and Binh Duong and the central city of Da Nang (all over 30%). As for reasons for joblessness, 15% suffer because of lack of foreign language skills and 12% because they lack qualifications. But the main reason is the unfavorable economic situation, which has hit businesses hard. More than 32% said they are jobless because their employer closed down temporarily or for good or went bankrupt, and 27% said they were laid off because their company had no orders and had to downsize. The survey was done in late April 2023 on various aspects like employment, underemployment, housing status, … [Read more...] about People struggle to find jobs amid tanking economy

Indonesia sees 32 billion USD investment in EV battery chain (Photo source:auto.economictimes.indiatimes.com) Jakarta - Indonesia's Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan on May 30 revealed that the country can receive an estimated 31.9 billion USD in investments for project tied to battery supply chain by 2026. According to the minister, with the country rich in nickel used in batteries for electric vehicles (EV), the government wants to see more investment in nickel downstream sectors to boost economic growth. He said the Kalimantan region can receive 12.35 billion USD in investment while North Maluku and Sulawesi can attract 9.78 billion USD and 9.84 billion USD in battery supply chain projects, respectively. To encourage investment from emissions-conscious investors, the Indonesian government has touted the North Kalimantan industrial park on Borneo island as "green”, with a plan to power activities there with hydropower. … [Read more...] about Indonesia sees 32 billion USD investment in EV battery chain

A bus' brake failure resulted in its collision with numerous cars at a red light on Phan Dang Luu Street in Binh Thanh District, Ho Chi Minh City on Thursday morning. Eyewitnesses reported that the bus, coded route 104, was running on Phan Dang Luu Street from the Phu Nhuan intersection toward Ba Chieu Market and could not stop at the red light before the intersection with Le Van Duyet Street. As a result, the bus rear-ended a taxi and crashed into two other cars being halted at the red light and only came to a stop after veering onto the sidewalk and colliding with a lamp post. It also struck several beverage stalls positioned on the sidewalk, leaving their pieces scattered over the road. There were no reports on eitheir the number of passengers aboard the bus or injuries. The scene following a bus’ collision with multiple cars, a lamp post, and sidewalk beverage stalls on Phan Dang Luu Street in Binh Thanh District, Ho Chi Minh City, June 1, 2023. Video: Le Phan / … [Read more...] about Brakeless bus crashes into multiple cars at red light in Ho Chi Minh City

Vietnamese Prime Minister Pham Minh Chinh in a recently-signed dispatch ordered the adoption of urgent measures to alleviate goods congestion and facilitate the export of agro-products along the border with China. The dispatch was issued at a time when border gates in the northern border province of Lang Son have seen an upsurge in the number of container trucks carrying farm produce for export, resulting in a prolonged customs clearance process and limited clearance capacity. Several fruits, meanwhile, are now ready to harvest in the country. This could pose a higher risk of congestion at the border gates as more container trucks transporting fruits for export to China will head to these areas. Therefore, PM Chinh urged the authorities in northern border provinces and relevant agencies to review regulations on the import and export of farm produce between Vietnam and China. They were told to work with the Chinese side to streamline the customs clearance process, extend … [Read more...] about Vietnamese PM orders emergency measures to ease farm produce congestion border with China