Việt Nam News

Smart electricity and green power technology from the Republic of Korea (RoK) will be introduced at the Việt Nam ETE and Enertec Expo 2019 from July 17-20 in HCM City.

During the meeting, participants reviewed reports presented by ministries and sectors to assess trade relations between Viet Nam and its big partners.

The first solar power plant in the central province of Bình Định was inaugurated last week in Phá Cát District. It will generate between 78 and 80 million kWh of electricity per year.

VN-Index could continue its short-term uptrend this week and may surpass the 1000-point milestone again thanks to macroeconomic stability and the US Federal Reserve's expected interest rate cuts, analysts have said.

A favourable geographic location, abundant resources and a dynamic and investor-friendly administration make Vĩnh Long Province an optimal destination for foreign direct investment.

In a document sent to lenders this week, the SBV said the fourth Industrial Revolution has promoted the development of many new products and services, including P2P lending, which directly connects borrowers with lenders.

The Government’s efforts to boost cashless payment have shown signs of paying off, with both the number of transactions and their total value seeing double-digit growth in the first months of the year.

Prime Minister Nguyễn Xuân Phúc told the central and Central Highland regions to make an all-out efforts for green development.

 Việt Nam is one of the largest importers of US cotton, and the imports will continue to rise, delegates told Cotton Day organised by Cotton Council International (CCI) in collaboration with the Việt Nam Textile and Garment Association (VITAS) in HCM City on July 12.

Multinational Chinese electronics firm TCL has registered to build two factories to produce speakers, headphones and other accessories in the northeastern province of Quảng Ninh.

A shortage of labour has affected offshore fishing in many central coastal provinces.

The southern region expects to harvest an average of 5.66 tonnes of paddy per hectare in the current summer – autumn crop, 139 kilogrammes more than last year, according to the Ministry of Agriculture and Rural Development’s Plant Cultivation Department.

HCM city is offering support in the form of financial assistance, land, workforce training, technology, trade promotion, and brand building assistance to businesses making key and promising industrial products, according to its Department of Industry and Trade.

State budget revenue in the first six months of this year hit nearly VNĐ745.4 trillion (US$31.9 billion), up 13.2 per cent over the same period last year and 52.8 per cent of the Government’s target for the year.

Việt Nam will become the leading digital country and economy in the ASEAN region by 2030 and allow testing of new technologies in the digital economy.

Deputy Prime Minister Vương Đình Huệ has asked for tight control of corporate bond issuance so the finance and equity sectors operate properly and safely.

In addition, 255 firms joined a pilot programme to use the e-invoice system.

On the Hồ Chí Minh Stock Exchange, the VN-Index edged down 0.33 per cent to close Friday at 975.40 points.