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's India visit to bolster strategic ties 4    PM's India visit to bolster strategic ties

Prime Minister Nguyen Tan Dung begins an official visit to India today, aiming to consolidate the strategic partnership between both countries and take it to new heights.

Law to ease real estate restrictions 1    Law to ease real estate restrictions

Most National Assembly members yesterday agreed that the amended Housing Law should allow more foreigners to be eligible to buy or own houses in Viet Nam.

National team in training ahead of AFC challenge 1    National team in training ahead of AFC challenge

The Japanese coach of Viet Nam's national football team, Toshyia Miura, says that fitness and tactics will be his priorities in a 10-day training camp in the southern province of Binh Duong.

Bear bile tourism shuts down in Ha Long Bear bile tourism shuts down in Ha Long

Bear bile tourism in the northern province of Quang Ninh's Ha Long City has finally been shut down, according to the non-governmental organisation Education for Nature – Viet Nam (ENV).

Artist restores traditional values through paper Artist restores traditional values through paper

Artist Phan Hai Bang, who created a very special type of paper called truc chi, is now working with his team to bring back what he calls "old values" in a really big way.