Việt Nam could face power shortage

Việt Nam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).

Selling pressure sends stocks down

Selling pressure increased at the end of Monday’s session, affecting market sentiment and creating a big variation in large-cap prices.

VN surpasses Hong Kong in port throughput

Việt Nam’s container throughput surpassed Hong Kong’s in the first half of this year, possibly in part due to trade diversion amid the trade war between China and the US, reported the Chinese news site Caixin Global.

MoF proposes tax cut for small firms

The Ministry of Finance (MoF) is proposing a regulation that exempts micro and small enterprises from corporate income tax for two years after they have sufficient income subject to taxation.

Domestic industry needs technology transfer

Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry.

Aviation sector growth slows

A CAAV report on aviation service quality in the first half of this year found that aviation sector, including local and international airlines, transported 38.5 million passengers, up 9.4 per cent year-on-year.

PVN facing difficulties in ensuring national energy reserves

The Vietnam Oil and Gas Group (PVN) needs to set up a national energy reserve centre to deal with emergencies when there are interruptions in the supply source, said Deputy General Director of Vietnam Petroleum Institute Nguyễn Hồng Minh.

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