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

Singaporeans unite to help scammed Vietnamese tourist Singaporeans unite to help scammed Vietnamese tourist

The assistance that Singaporeans gave a Vietnamese tourist who was scammed when he bought an iPhone 6 in Singapore has earned much attention and applause from Vietnamese newspapers and netizens.

Old apartments remain in state of disrepair Old apartments remain in state of disrepair

There are more than 1,500 old apartment buildings at risk of collapse across Viet Nam, but in the last decade, only five per cent were rebuilt.

Province backs cable car to cave 2    Province backs cable car to cave

Authorities in central Quang Binh Province have given the go ahead for a highly controversial cable car system connecting various sites in the Phong Nha-Ke Bang National Park to the world's biggest cave, Son Doong.

Edward Scissorhands among free outdoor films Edward Scissorhands among free outdoor films

Saigon Outcast will hold two free Thursday outdoor film screenings this month.

Tax not the solution to online gaming issue 1    Tax not the solution to online gaming issue

A 10 per cent tax on the online gaming industry recently proposed by the Ministry of Finance aims to address the connection between the increase in gaming addiction and game-related crimes among youngsters by charging them more to fuel their addiction.