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The administration in Da Nang on Tuesday demanded that all outdoor advertising and decorative lights in the city be turned off after 8:00 pm to save electricity amid the power shortage risk. The municipal People’s Committee issued a document on the enhancement of the power saving drive during the dry season and the entire year. Organizations and individuals managing and operating public lighting systems and outdoor decorative and advertising lights were required to reduce at least 30 percent of the consumed electricity volume. The city asked all agencies and units to employ power saving solutions, such as switching off electrical devices before leaving and cutting power sources when not using electrical devices, using air conditioners when necessary and setting them at 26 degrees Celsius or above, and minimizing the use of incandescent bulbs. Leaders of agencies and units will take responsibility for carrying out power saving plans at their headquarters to cut their monthly … [Read more...] about Da Nang requires advertising, decorative lights to be turned off after 8pm to save electricity

Selex Motors, a Vietnam-based EV startup, has launched a network of battery-swapping stations dubbed battery ATMs in multiple cities across Vietnam. The company aims to persuade Southeast Asian consumers to make the switch from conventional gasoline-powered cars to EVs by offering a convenient and economically viable solution for battery charging. According to Asia Nikkei , Selex Motors has already supplied EVs to renowned logistics companies such as Lazada, Viettel Post, and DHL, and is now pursuing international expansion opportunities. The introduction of these innovative ATMs in various Vietnamese cities marks a significant step towards sustainable transportation practices. Instead of dispensing cash, these stations provide fully charged EV batteries. Supported by the Asian Development Bank, Selex Motors ensures that their EVs are priced below $1,000 and customers are not required to make upfront payments for the batteries. Instead, a sophisticated automated locker … [Read more...] about Selex Motors to expand battery-swapping network into Southeast Asia

Ho Chi Minh City has saved 10.23 million kWh of electricity since May 16, or nearly 1.14 million kWh worth VND2.4 billion (US$102,204) per day, Nguyen Phu Vinh from Ho Chi Minh City Power Corporation said on Thursday. Ho Chi Minh City consumed an average of over 86 kWh of electricity per day from May 1 to 20, up 9.47 percent year on year, Vinh told a press briefing to discuss the city’s socio-economy. The city set a new record in power consumption at 94.85 million kWh on May 6. Hydropower reservoirs currently have low water levels due to the scorching weather, said Dinh The Phuc, a member of the members’ council of the Vietnam Electricity Group (EVN), adding that coal-, oil- and gas-fired power plants have seen their capacity reduced due to a shortage of materials. As a result, EVN has employed many urgent solutions to mobilize the available power resources and proposed the Ministry of Industry and Trade remove difficulties and mobilize more power resources. Ho Chi Minh City … [Read more...] about Ho Chi Minh City saves over $100,000 in power cost per day

Hau Giang’s location gives it unique advantages in terms of connections, transport, and logistics Earlier this year, the Ministry of Transport joined efforts with Hau Giang People’s Committee and Can Tho city to convene the groundbreaking ceremony of the Can Tho-Hau Giang road component project, part of an initiative to build the North-South Expressway network’s eastern portion, with total length approximating 37km. Meanwhile, the An Giang-Can Tho-Soc Trang expressway is slated to kick-off construction in June, and investment in the Ha Tien-Rach Gia-Bac Lieu expressway will follow suit. Once those key motorways are open to traffic, Hau Giang will be the convergent point between the highways, acting as the gateway to other localities in the region. In light of Hau Giang’s development direction this decade, the province is working on the planning scheme of eight industrial parks (IPs) and 15 clusters spanning 2,800 hectares in total, alongside the development of several urban … [Read more...] about Hau Giang can become major Mekong region growth engine

Can you provide a comprehensive overview of the scale of Exness and shed light on the intricacies involved in managing such a vast operation? To grasp the scale of our business, let’s consider the foreign exchange industry as a whole. On average, approximately $7.5 trillion is traded daily in the foreign exchange market. When we focus specifically on the retail segment, which pertains to individual traders, it amounts to around $1 trillion traded per day. Damian Bunce, chief trading officer for Exness Exness, in comparison, handles approximately $150 billion in daily trades, representing roughly 15 per cent of the retail market. This provides a glimpse into our overall scale and market presence. Managing a business of this magnitude requires a significant emphasis on technology. With a staggering 300 million orders executed each month, the efficient processing of such a substantial volume demands a robust and sophisticated technical infrastructure. … [Read more...] about Committed to a bold and seamless service

A view of Royal City, a project developed by Vingroup. — Photo vinhomesmartcitytaymo.vn Given the recent strong gains of many real estate stocks, experts said that there is still room for rallies, but investors need to carefully consider before taking new long positions. NDN shares of Danang Housing Investment Development and TIG of Thang Long Investment Group soared more than 20 per cent in a month, while in the past two months, ITC shares of Investment and Trading of Real Estate, DIG of DIC Group, API shares of PEC Investment, and IDJ of IDJ Investment climbed by 40-80 per cent. In the second half of 2022, the real estate stock group tumbled due to declining liquidity, tight credit capital, bond funds and mobilised funds from customers. The rally waves of realty stocks usually come at the end of the economic cycle or at the end of the stock market’s bullish cycle, Bui Van Huy, director of HCM City Branch at DSC Securities Corporation, told tinnhanhchungkhoan.vn. Real … [Read more...] about Experts suggest caution regarding investments in realty stocks

Increased political resistance to new EU laws to protect the environment has left the European Commission fighting to keep intact its vision for Europe's green transition. Ahead of elections in the European Parliament in June next year, the European Union is racing to finish legislation that includes two landmark nature bills - binding targets for countries to restore damaged natural habitats and a goal to halve chemical pesticide use by 2030. Much EU environment legislation has been passed over the last two years, but the appetite on the part of some lawmakers and member states for more is waning and farming groups say further change must be conditional on more financial support. Brussels proposed the nature measures last June. Opposition has mounted in recent weeks, as EU countries and lawmakers prepare for the final negotiations. The European Parliament's biggest group, the European People's Party, has called for the nature law to be scrapped saying it would hurt farmers. … [Read more...] about Europe hits resistance in race to finalise green laws

The discussion, held in Ho Chi Minh City, brought together policymakers and members of the business community to offer input on the revision of Decree No.152/2020/ND-CP. This regulation, which governs foreign work permits, has a substantial impact on the day-to-day operations of international enterprises operating in Vietnam. At the event on May 26 MoLISA and EuroCham organised the event, while the American Chamber of Commerce in Vietnam (AmCham), the British Chamber Of Commerce Vietnam (BritCham), and the Japanese Chamber of Commerce and Industry in Ho Chi Minh City (JCCH) handled co-hosting duties. The event commenced with a speech by EuroCham Chairman Gabor Fluit who underscored the vital interconnection between Vietnam's burgeoning economy and the success of foreign enterprises and investors operating within its borders. Fluit also stressed that the increasing complexity of the work permit path for foreign workers inadvertently hinders foreign direct investment, … [Read more...] about EuroCham and MoLISA in dialogue to amend foreign work permit legal framework

Almost 70 artworks by 66 painters are being displayed at the Vietnam National Fine Arts Museum in the capital from May 26 to June 11. The exhibition, titled “Blooming Light, Soaking Light: Masterpieces from the Netherlands”, is categorized into five main themes – landscapes, still life, portraits, daily lives, and the spiritual world. Van Gogh’s self-portrait, which was painted in 1887, is digitally displayed on screens at the exhibition. According to the Rijksmuseum, the painter relocated to Paris in 1886. After being introduced to the new colorful painting style in France, he experimented with self-portraits in order to save money on hiring models. His paintings are characterized by soft brush and splendid colors. Photo courtesy of the Rijksmuseum. Dutch painting masterpieces exhibited in Hanoi Triển lãm "Ánh sáng rực rỡ" The exhibition at Vietnam National Fine Arts Museum in Hanoi. Video by VnExpress/Hieu Nhan “The … [Read more...] about Dutch painting masterpieces exhibited in Hanoi

Located at No. 11, Alley 5, Tu Hoa Streeet within Hanoi's Tay Ho District, the coffee shop serves as an oasis for nature lovers looking for a peaceful setting. From the moment visitors arrive, they are greeted by an entrance adorned with many trees, making it a beloved spot for photography enthusiasts. The entire cafe is decorated with trees that encompass the space, embellishing the aisles, surrounding each seat, and even hanging from the windows in small pots. The courtyard is modest in size and features a pathway paved with white pebbles. Philo Garden has opted for a camping-style selection of tables and chairs, and also provides fans for those who choose to sit outside. On hot days , due to the absence of air conditioning and uneven distribution of fans and misting systems , … [Read more...] about Escape to greenleaf retreat: A tranquil coffee spot in Hanoi