ADB loan to unlock long-term financing for solar power in Việt Nam

The Asian Development Bank (ADB) signed a US$37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in the southern province of Tây Ninh.

January FDI surges 179 percent

Việt Nam raked in US$5.3 billion in foreign direct investment (FDI) in the first 20 days of 2020, a year-on-year surge of 179.5 percent, according to the Ministry of Planning and Investment.

HCM City to foster ICT development

HCM City will continue to promote the development of information and communications technology to develop into an innovative smart city and improve living conditions, authorities have said.

Registered capital of new enterprises in January hits four-year high

Việt Nam had 8,276 new enterprises established in the first month of 2020, down 17.9 per cent year-on-year, but the total registered capital of the enterprises surged sharply by 76.8 per cent to VNĐ267 trillion (US$11.46 billion), the highest growth rate in four years, the General Statistics Office (GSO) reported.

CPI in January hits 7-year high

Việt Nam’s consumer price index (CPI) in January hit a record high, up 1.23 per cent over the previous month and 6.43 per cent year on year, according to the General Statistics Office (GSO).

Vietjet launches Hà Nội- Bali route

The new route aims to meet the travel demand in spring, cutting flying time and travel costs. Not only connecting the two most attractive cultural tourism destinations in Asia, it promotes further co-operation among countries in the ASEAN bloc, Vietjet chairwoman Nguyễn Thanh Hà said at the opening ceremony.

Trading liquidity key to market growth

Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.

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