Banks unite to revive Lai Chau project
A credit contract worth VND14.5 trillion (US$690.47 million) was co-signed in Ha Noi yesterday for the Lai Chau Hydro-power project in northern Lai Chau Province.
Industrial harmony promoted
The Government needed to be more actively involved in both policy making and law enforcement to help promote harmonious industrial relations, labour experts have pointed out.
Nearly half of the small-scale hydro-power projects included in the National Master Plan for Power Development until 2020 have been cancelled.
Resource shortages cause public concern
Meeting future energy needs is an important issue facing seven out of 10 people in Viet Nam, according to a rencent survey conducted by Shell Viet Nam.
Japan's Sumitomo Group has fast-tracked negotiations on a build-operate-transfer (BOT) contract for the Van Phong coal-fired power plant, and an agreement on the project is expected to be made with the Ministry of Industry and Trade in the first quarter of next year.
World electronics forum opens in capital
Viet Nam expects to co-operate with world electronics associations in investment and human resource training to develop the country's electronics industry.
Lai Chau hydro power contract signed
A contract for the main work on the Lai Chau hydro-power plant was signed yesterday for VND11.17 trillion (US$532 million). Work will be carried out by the Song Da Corporation.
Steel industry shows mettle
The steel industry has shown signs of recovery as both inventory and imports decreased in the first four months of the year, according to the Viet Nam Steel Association (VSA).
Bank powers electricity project
The Military Bank (MB) has announced that it was selected by the State Bank of Viet Nam as a banking and finance service provider for the disbursement and implementation of the transmission grid No 1 project.
Japan to invest in industries
The Japanese Government has pledged to invest in six key industrial sectors in Viet Nam.The money will go towards household electricity, food processing, shipbuilding, agricultural machinery, environment and energy saving and the automobile and spare part production industry.
Masterplan much needed for energy development
Viet Nam should create a master plan for the national energy system, said President of Viet Nam Energy Association (VEA) Tran Viet Ngai at a forum on energy and oil investment and sustainable development held in Ha Noi yesterday.

Highlight

PM meets acclaimed local mathematician PM meets acclaimed local mathematician

Prime Minister Nguyen Tan Dung yesterday met Professor Ngo Bao Chau, the first Vietnamese to win the Fields Medal, the highest professional honour a mathematician can attain, and the Education Dialogue Group.

Scholars discuss East Sea dispute at int'l conference Scholars discuss East Sea dispute at int'l conference

The East Sea dispute will continue in the near future and urgent solutions should be found to manage the conflict and resolve it without force or the threat to use force and protect the rights of fishermen in traditional fishing grounds, an international conference that opened in HCM City yesterday agreed.

Police look into scam claims at pagoda Police look into scam claims at pagoda

Police are investigating rumors that a pagoda in Long Bien District is selling children for adoption.

A Vietnamese and a Chinese arrested for ivory smuggling A Vietnamese and a Chinese arrested for ivory smuggling

Customs officials have arrested a Chinese woman and a Vietnamese man at Suvarnabhumi Airport after they allegedly tried to smuggle out elephant tusks and ivory products worth about BAT9 million.

Places for a vacation: Son Doong Cave Places for a vacation: Son Doong Cave

Son Doong Cave in Viet Nam's Quang Binh Province has been suggested by the American news website huffingtonpost.com as one of the places to visit in 20 years.