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

Wild peach branches disappear as demand rises Wild peach branches disappear as demand rises

It's hard to find ancient wild peach branches on sale in the northern mountainous province of Son La, due to their overexploitation by the local people.

Flower Road to be opened today Flower Road to be opened today

The Flower Road in HCM City's Ham Nghi Street will be opened to the public at 7pm today. Viet Nam News photographer Van Dat presents different images of the Flower Road, as seen through his lens.

Vietnamese consumer confidence "largely intact": Economist Vietnamese consumer confidence "largely intact": Economist

Vietnamese consumers started 2015 with their confidence broadly unchanged after a tumultuous 2014, ANZ Bank Economist Glenn Maguire said in a recent report.

Viet Nam ranks 10th worldwide in remittances Viet Nam ranks 10th worldwide in remittances

Viet Nam was among the top 10 countries in the world with the largest amount of remittances from abroad last year, with around US$12 billion, according to the Western Union company, which handles money transfers worldwide.

Viet Nam sit at 137th in world football rankings Viet Nam sit at 137th in world football rankings

Viet Nam jumped up four steps in international football rankings, according to FIFA's latest list.