Difficulties in power supply timely resolved

Difficulties in power supply timely resolved

(VEN) - In 2023, in addition to completing mechanisms and policies, the Ministry of Industry and Trade (MoIT) regularly directed the Vietnam Electricity (EVN) and related units to basically ensure sufficient electricity supply for daily use and production needs.
Vietnam seeks to untie knots in LNG power development

Vietnam seeks to untie knots in LNG power development

(VEN) - Despite favorable conditions and prospects for liquefied natural gas LNG power development, Vietnam’s legal framework in this field, including the electricity price mechanism and storage, is still incomplete, which poses a big challenge for investors.
VN stays committed to developing clean and renewable energy

VN stays committed to developing clean and renewable energy

Việt Nam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.
Government Decree improves petroleum management

Government Decree improves petroleum management

(VEN) - Based on reports prepared by the Ministry of Industry and Trade, on November 17, the Government issued Decree 80/2023/ND-CP to amend and supplement a number of articles of Decree 95/2021/ND-CP and Decree 83/2014/ND-CP, both on petroleum business, in order to promptly solve petroleum business management problems, meet the domestic demand for petroleum, and ensure energy security, contributing to controlling the consumer price index (CPI), and ensuring interests of businesses using petroleum as input for production and trading activities, consumers and enterprises trading in petroleum.
MoIT focuses on solutions to prevent fuel shortage

MoIT focuses on solutions to prevent fuel shortage

(VEN) - Minister of Industry and Trade Nguyen Hong Dien recently chaired a meeting with related ministries, sectors and enterprises to implement the Prime Minister’s official dispatch 1437/CĐ-TTg on the solutions to ensure sufficient petroleum supply for production, trading and consumption in 2024.
MoIT leader emphasizes need to ensure sufficient fuel, electricity supply in all situations during Tet

MoIT leader emphasizes need to ensure sufficient fuel, electricity supply in all situations during Tet

(VEN) - Giving a speech at fuel and electricity businesses, Minister of Industry and Trade Nguyen Hong Dien emphasized the importance to ensure sufficient fuel and electricity supply in all situations during Tet (Lunar New Year Holiday).
Infrastructure and policy key to unlock LNG potential

Infrastructure and policy key to unlock LNG potential

Industry leaders and economists discussed current challenges and proposed solutions for the development of Việt Nam's liquefied natural gas (LNG) sector during a workshop yesterday in Hà Nội.
NIC uses smart building technology to save energy

NIC uses smart building technology to save energy

The National Innovation Center (NIC) in Hanoi uses ABB energy management and smart building technology for optimum efficiency and sustainability
Ensuring sufficient power supply in 2024

Ensuring sufficient power supply in 2024

(VEN) - Along with efforts to ensure major balances of the economy, the Prime Minister put a special emphasis on the need to resolve problems facing the electricity sector and to ensure a sufficient supply of power in any context.
Petrovietnam cultural regeneration for further development

Petrovietnam cultural regeneration for further development

(VEN) - The policy of cultural regeneration is a creative breakthrough proposed by the leadership of the Vietnam Oil and Gas Group and was drastically implemented right after the unprecedented crisis.
Development framework needed for wind power sales

Development framework needed for wind power sales

The Singapore Government approved in principle the sale of 1.2GW from a 2.3GW wind farm offshore Việt Nam but the latter must come up with a framework to implement the deal within the next year.
Quang Ninh exploits offshore wind power potential

Quang Ninh exploits offshore wind power potential

(VEN) - In recent years, Quang Ninh Province has boldly proposed and mobilized all resources to promote the development of renewable energy sources, especially wind power in order to reduce dependence on fossil fuels and optimize the province’s potential and advantages.
Infrastructure, planning and market keys to develop LNG power

Infrastructure, planning and market keys to develop LNG power

Infrastructure, planning and a market mechanism were among key issues that must be addressed in order to develop a market for liquefied natural gas (LNG) in Việt Nam, heard participants at a conference on LNG on Wednesday in Hà Nội.
Industrial energy efficiency important to sustainable future in Vietnam

Industrial energy efficiency important to sustainable future in Vietnam

The Ministry of Industry and Trade (MoIT) and the UN Industrial Development Organisation (UNIDO) held a workshop in Hanoi on November 15 to launch a project on promoting energy efficiency in large industries.
Harmony of interests needed to develop petroleum market

Harmony of interests needed to develop petroleum market

(VEN) - The State needs to map out a long-term strategy for developing the petroleum market on the basis of harmony of interests of the State, businesses and consumers.
Human resources ready for energy transition

Human resources ready for energy transition

(VEN) - Preparations for skilled human resources for renewable energy development and just energy transition in Vietnam is now an urgent requirement.
Thai Binh Province taps offshore wind power potential

Thai Binh Province taps offshore wind power potential

(VEN) - In recent years, the coastal province of Thai Binh in the Red River Delta has sought various ways to tap its potential for offshore wind power development, contributing to sustainable green transformation in the energy sector.
Vietnam to exploit two million tonnes of rare earth yearly

Vietnam to exploit two million tonnes of rare earth yearly

(VEN) - Vietnam has become the world’s second biggest country in terms of rare earth reserves with 22 million tonnes, after China.
Vietnam, EU, UK discuss implementation of energy transition partnership

Vietnam, EU, UK discuss implementation of energy transition partnership

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan had a working session with the European Union delegation to Vietnam and the British Embassy in Hanoi on October 3 to discuss the implementation of the Just Energy Transition Partnership (JETP).
Energy supplies must be secured in any scenarios

Energy supplies must be secured in any scenarios

(VEN) - On August 22, Minister of Industry and Trade Nguyen Hong Dien chaired a working session with large groups including the Electricity of Vietnam (EVN), the Vietnam Oil and Gas Group (PVN), the Vietnam National Petroleum Group (Petrolimex), the Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) and Dong Bac Corporation on solutions to ensure national energy security, especially the supplies of electricity, oil and gas, petroleum and coal in the last months of 2023 and 2024.
Norwegian energy businesses promote cooperation with Vietnamese partners

Norwegian energy businesses promote cooperation with Vietnamese partners

The Royal Norwegian Embassy, its Commercial Section (Innovation Norway) in Vietnam, Norwegian Energy Partners (NORWEP), in coordination with the Oil, Gas and Coal Department, Ministry of Industry and Trade of Vietnam, organised the seminar “Energy Transition: Norway - Vietnam Business Partnership” in Ho Chi Minh City on September 13.
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New resolution facilitates entrepreneurship development

New resolution facilitates entrepreneurship development

(VEN) - Under the Government’s action program to implement the Politburo’s Resolution 41 dated October 10, 2023 on building and developing local entrepreneurs in the new era, by 2030, the business sector will have contributed 65-70 percent to Vietnam’s gross domestic product (GDP), created jobs for 32-38 percent of the country’s workforce, and accounted for 98-99 percent of the country’s total export value.
Ninh Binh looks to promote trade cooperation with France

Ninh Binh looks to promote trade cooperation with France's Paris Ile-de-France region

Ninh Binh commits to providing the most favourable conditions for all foreign investors and businesses, including French ones, to explore investment opportunities in the northern locality, Vice Secretary of the provincial Party Committee and Chairman of the People's Council Mai Van Tuat has said.
Vietnam eyes to boost science, technology cooperation with Brazil

Vietnam eyes to boost science, technology cooperation with Brazil

Ambassador of Vietnam to Brazil Bui Van Nghi has emphasised that cooperation in science and technology is one of the priority areas between the two countries, especially in telecommunications, high technology, semiconductors, artificial intelligence (AI), big data, quantum science, aerospace, and aviation.
International press praises Vietnamese Bun Rieu

International press praises Vietnamese Bun Rieu

(VEN) - The Sydney Morning Herald of Australia recently praised Vietnamese Bun Rieu (crab noodle soup), saying the traditional Vietnamese dish which originates from the Red River Delta has gradually become widely known domestically and internationally.
Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage

Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage

Basket weaving and brocade weaving of the S’tiêng people has been included in the National Intangible Cultural Heritage list by the Ministry of Culture, Sports, and Tourism in 2023 and 2024.
basket brocade weaving of stieng people recognised as national intangible cultural heritage

Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage

Basket weaving and brocade weaving of the S’tiêng people has been included in the National Intangible Cultural Heritage list by the Ministry of Culture, Sports, and Tourism in 2023 and 2024.
royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
lighting the skies of hoi an memories park with a stunning new drone light show

Lighting the skies of Hội An Memories Park with a stunning new drone light show

The drone show, Light to Sky Festival, will launch three months of special performances and events in the Hội An Memories Land, tracing the most beautiful images of the ancient town into the skies.
viet nam plans to preserve ethnic minorities intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
the hai phong red flamboyant festival celebrated the citys special unesco status

The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.
New resolution facilitates entrepreneurship development

New resolution facilitates entrepreneurship development

(VEN) - Under the Government’s action program to implement the Politburo’s Resolution 41 dated October 10, 2023 on building and developing local entrepreneurs in the new era, by 2030, the business sector will have contributed 65-70 percent to Vietnam’s gross domestic product (GDP), created jobs for 32-38 percent of the country’s workforce, and accounted for 98-99 percent of the country’s total export value.
Proposal to amend personal income tax law set for October next year

Proposal to amend personal income tax law set for October next year

HÀ NỘI — The Personal Income Tax Law will be revised in 2025, following the proposed timeline submitted to the Government and reported to the National Assembly (NA) Standing Committee.
Tax, land rent payment deadlines to be extended this year

Tax, land rent payment deadlines to be extended this year

HÀ NỘI — Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly VNĐ84 trillion (US$3.3 billion).
Ministry proposes tax filing deadline extension for 2024

Ministry proposes tax filing deadline extension for 2024

HÀ NỘI — The Ministry of Finance (MoF) is considering proposals from other relevant ministries and agencies on a draft decree that would extend the deadlines for filing taxes.
Tra Vinh moves ahead with advanced manufacturing projects

Tra Vinh moves ahead with advanced manufacturing projects

(VEN) - Recently, the Tra Vinh Industry and Trade Promotion Center of Tra Vinh Province organized the acceptance and handover ceremony for the project “Application of advanced machinery and equipment in fine art wood production.”
MoIT seeks to address material bottleneck

MoIT seeks to address material bottleneck

(VEN) - A delegation of the Ministry of Industry and Trade (MoIT) led by Minister Nguyen Hong Dien recently worked with the Vietnam Leather, Footwear and Handbag Association (Lefaso) on problems related to the supplies of materials and accessories in the leather and footwear industry.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Concerted efforts to reduce manufacturing inventory

Concerted efforts to reduce manufacturing inventory

(VEN) - According to the Ministry of Industry and Trade (MoIT), the processing and manufacturing industries underwent positive changes in the first quarter of 2024. However, measures to stimulate consumption are necessary to release inventory.
Dong Nai remains magnet for foreign investors

Dong Nai remains magnet for foreign investors

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.
Desk established in Dong Nai to support Japanese investors

Desk established in Dong Nai to support Japanese investors

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Vietnam should not miss opportunities to attract FDI

Vietnam should not miss opportunities to attract FDI

(VEN) - Despite its attractive investment environment with numerous advantages, Vietnam may lag behind in the global competition to attract foreign direct investment (FDI) if it does not improve its business environment.
Standard Chartered Bank wins multiple awards at The Asset Triple A Treasurise Awards 2024

Standard Chartered Bank wins multiple awards at The Asset Triple A Treasurise Awards 2024

Standard Chartered Bank has been named Best Service Provider for Cash Management in Vietnam, Best Payments and Collections Solution for Generali Vietnam, Best Supply Chain Solution for Kuehne + Nagel Co. Ltd, and Best ESG Solution for BIDV at the Asset Triple A Treasurise Awards 2024.
Central bank to inspect gold trading activities

Central bank to inspect gold trading activities

The State Bank of Vietnam (SBV) on May 17 issued a decision to inspect the compliance with policies and laws in gold trading activities of credit institutions and gold trading enterprises.
Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
Credit access obstacles lifted for collective economic entities

Credit access obstacles lifted for collective economic entities

(VEN) - The State Bank of Vietnam (SBV) has announced that it will continue to strengthen review of regulations on lending activities to remove obstacles in accessing capital at banks for the collective economic sector and cooperatives.
First provincial biodiversity museum launched in Quảng Nam

First provincial biodiversity museum launched in Quảng Nam

QUẢNG NAM — The first-ever provincial-level biodiversity museum was launched in the central province of Quảng Nam on Wednesday, introducing more than 3,700 photos and 1,200 specimens of flora and fauna found in the locality.
Enhancing informal sector’s role in EPR implementation

Enhancing informal sector’s role in EPR implementation

(VEN) - The informal labor force plays a crucial role in the waste value chain, helping producers and exporters achieve recycling rates through the EPR mechanism.
Centre opened to serve environmental data integration, monitoring network operation

Centre opened to serve environmental data integration, monitoring network operation

HÀ NỘI — A national centre for information - data integration and processing and environmental monitoring network operation has been unveiled by the Ministry of Natural Resources and Environment in Hà Nội.
Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers and large emitters on Emissions Trading System (ETS) and carbon market aims to facilitate the pilot operation of the Vietnamese carbon market by 2025 and its official launch by 2028.
Vietnam eyes to boost science, technology cooperation with Brazil

Vietnam eyes to boost science, technology cooperation with Brazil

Ambassador of Vietnam to Brazil Bui Van Nghi has emphasised that cooperation in science and technology is one of the priority areas between the two countries, especially in telecommunications, high technology, semiconductors, artificial intelligence (AI), big data, quantum science, aerospace, and aviation.
PM urges training of semiconductor workforce

PM urges training of semiconductor workforce

(VEN) - At a recent conference on developing human resources to serve the semiconductor industry in Hanoi, Prime Minister Pham Minh Chinh said the semiconductor workforce should be considered a breakthrough in high-quality personnel training.
Semiconductor investment prioritized

Semiconductor investment prioritized

(VEN) - Vietnam has recently completed the legal corridor to create conditions prioritizing investment and development of semiconductor chips.
Science-technology - foundation for nation’s development PM

Science-technology - foundation for nation’s development PM

Science-technology is an important driving force to boost economic growth, create breakthroughs for productivity and increase national competitive edge as the country is developing its socialist-oriented market economy, Prime Minister Pham Minh Chinh reiterated on May 15.
Noi Bai Airport

Noi Bai Airport's international terminal expanded

The bidding package on the construction, supply and installation of equipment for the expansion of the T2 terminal of the Hanoi-based Noi Bai International Airport kicked off on May 19, with Prime Minister Pham Minh Chinh attending.
Government tightens vessel control to fight IUU fishing

Government tightens vessel control to fight IUU fishing

The Government has ordered harsh punishments on any violation of vessel-monitoring-system (VMS) rules in a move to get the European Commission (EC)’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing lifted.
HCM City to complete 183km of metro routes by 2035

HCM City to complete 183km of metro routes by 2035

HCM CITY — HCM City is striving to complete about 183 kilometres of six metro routes by 2035.
Railway sector gets creative to attract passengers

Railway sector gets creative to attract passengers

HÀ NỘI — With recent increases in the price of flights, many domestic travellers have chosen to take the train and to build on that popularity whilst the railway sector has been making efforts to improve service quality.
Viettel Global ranks third in market capitalisation

Viettel Global ranks third in market capitalisation

The market value of Viettel has more than tripled in just three months.
Branding essential for leverage of FTA opportunities

Branding essential for leverage of FTA opportunities

(VEN) - Despite Vietnam’s impressive export growth rate to FTA markets, the market share of Vietnamese goods in those countries remains very modest. One of the reasons for that is most export products have not built their own brands.
Vietnamese agricultural products to take part in Foodservice Australia 2024

Vietnamese agricultural products to take part in Foodservice Australia 2024

Brands are looking to increase their presence in the country and to further integrate with local distribution channels.
PV GAS launches Month of Workers

PV GAS launches Month of Workers

(VEN) - On May 4, in Vung Tau City, the PetroVietnam Gas Joint Stock Corporation (PV GAS) organized a ceremony launching the Month of Workers and the Action Month for Occupational Safety and Hygiene in 2024.
tcty-dau-khi-vn-pv-power-2022
International press praises Vietnamese Bun Rieu

International press praises Vietnamese Bun Rieu

(VEN) - The Sydney Morning Herald of Australia recently praised Vietnamese Bun Rieu (crab noodle soup), saying the traditional Vietnamese dish which originates from the Red River Delta has gradually become widely known domestically and internationally.
Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage

Basket, brocade weaving of S’tiêng people recognised as National Intangible Cultural Heritage

Basket weaving and brocade weaving of the S’tiêng people has been included in the National Intangible Cultural Heritage list by the Ministry of Culture, Sports, and Tourism in 2023 and 2024.
Royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
Thanh Hoa tourism experiences great changes

Thanh Hoa tourism experiences great changes

(VEN) - During the Reunification Day and May Day holidays this year, Thanh Hoa Province was the locality that welcomed the largest number of visitors in the country with over 1.5 million visitors, and the total tourism revenue of the province during this time reached more than VND3.8 trillion.
Lighting the skies of Hội An Memories Park with a stunning new drone light show

Lighting the skies of Hội An Memories Park with a stunning new drone light show

The drone show, Light to Sky Festival, will launch three months of special performances and events in the Hội An Memories Land, tracing the most beautiful images of the ancient town into the skies.
Tourism sector goes green for sustainable development

Tourism sector goes green for sustainable development

(VEN) - Vietnam has gradually implemented green tourism, focusing on rational exploitation and uses of natural resources to limit negative impacts on the living environment.
Sustainability plays significant role in choices of travellers

Sustainability plays significant role in choices of travellers

Sustainability plays a significant role in the decision-making process of Vietnamese travellers when selecting destinations for their upcoming vacations, experts said.
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