The Vietnam Renewable Energy Week 2018 opens in Hanoi on August 21. (Photo: congthuong.vn) Hanoi (VNA) – The Vietnam Sustainable Energy Alliance (VSEA) and the Climate Change Working Group (CCWG) kicked off the Vietnam Renewable Energy Week 2018 in Hanoi on August 21. The event, which takes place until August 26 in Hanoi, Ho Chi Minh City and Can Tho, creates a forum for multi-stakeholders to find solutions to removing obstacles and accelerating renewable energy development for all in Vietnam. It also aims to raise public awareness of the feasibility and benefits of renewable energy and call for concrete actions, launch the “Million Green Houses for Vietnam’s Prosperity" concept and mobilise stakeholders’ interest in jointly implementing this programme. With the message “Clearing the path for renewable energy to every home in Vietnam”, the 3rd Renewable Energy Week involves a chain of inter-related activities, including workshops, seminars, … [Read more...] about Vietnam Renewable Energy Week 2018 opens
Wind energy and solar energy
BUSINESS NEWS IN BRIEF 16/8
Vietnam firms join Tamil Nadu food expo in India Seven Vietnamese enterprises are showcasing their products at Vibrant Tamil Nadu - Global Expo & Summit 2018 in the Indian state of Tamil Nadu, which runs from August 12-15. The food and beverage expo also features nearly 200 Indian firms and representatives from 29 other nations. Several workshops on food, processed food and beverages and measures to boost the sector’s development have been held at the event, along with meetings between participating firms and state authorities. The Vietnamese enterprises discussed the possibility of signing some memoranda of understanding on cooperation in food production and processing and on investment in industrial zones with Indian partners. Bui Trung Thuong, Chief of the Vietnam Trade Office in India, briefed Indian partners on Vietnam-India economic and trade ties, the prospects of the Vietnamese food sector and opportunities for the two countries’ businesses. India ranks 27th … [Read more...] about BUSINESS NEWS IN BRIEF 16/8
Gov’t aims to save $8b in energy
Gov't aims to save $8b in energy (05-08-2008) by Duc Hung A Truong Hai Auto Company workshop in Quang Nam Province. The company uses natural light to reduce the cost of electricity. — VNA/VNS Photo Ngoc Ha HCM CITY — Maintaining an annual growth rate of 10-14 per cent in the energy sector sucks up US$8 billion from the State budget - money that could be saved if energy were used more efficiently, a senior HCM City official has said. Viet Nam's potential for power savings was between 10-40 per cent, which could translate into financial savings if energy consumption were economised more effectively, said Huynh Kim Tuoc, director of HCM City Energy Conservation Center. While other countries considered energy saving to be the biggest power source, Viet Nam had strived to save 3-5 per cent of energy consumption during the 2007-2012 five-year plan, he said. To make $1,000, Viet Nam needs 500kg of oil TOE (tonne on energy). HCM City requires 384kg of oil TOE, while Japan … [Read more...] about Gov’t aims to save $8b in energy
BUSINESS IN BRIEF 30/5
Restructuring agriculture sector critical: conference Restructuring the agricultural sector to improve quality and promote co-ordination between farmers and firms is critical for the sustainable development of the sector amid unpredictable movements in the global market, members of a conference said yesterday. At the Viet Nam Agriculture Outlook conference held by the Institute of Policy and Strategy for Agriculture and Rural Development (IPSARD), in collaboration with the National Assembly Office, experts said that adopting agricultural technology to improve product quality would enable the agricultural sector to confront external shocks like the impacts of climate change or exchange rate policies. This requires the engagement of firms and a link with farmers to bring forth technologies in agricultural production, thereby enabling the creation of competitive products, said institute Director Do Anh Tuan. Agricultural technologies could firstly be applied in the production of … [Read more...] about BUSINESS IN BRIEF 30/5
BUSINESS IN BRIEF 9/2
Survey says 70% of Japanese enterprises wish to expand business in VietnamApproximately 70% of Japanese enterprises operating in Vietnam intend to expand their operations in future, an increase of 3% compared to 2016, according to a JETRO survey.The survey covers the operations of Japanese enterprises in Asia and Oceania and its findings were announced by the Japan External Trade Organisation (JETRO) in Ho Chi Minh City on February 6.Chief Representative of JETRO Office in Ho Chi Minh City Koji Takimoto said that the survey received valid responses from 4,630 Japanese enterprises in 20 countries and territories around the world, including 652 Japanese enterprises in Vietnam.The survey showed that 65.1% of Japanese enterprises operating in Vietnam recorded a profit in 2017, up 2.3 percentage points from the previous year.In addition, about 70% of Japanese enterprises expressed their intentions to expand their business in Vietnam, a slight increase compared to 2016. The rate is … [Read more...] about BUSINESS IN BRIEF 9/2