Binh Duong Province determined to bolster support industries
(VEN) - The industrial sector of Binh Duong Province has significantly progressed in recent years, but in order to ensure its sustainability, authorities are formulating policies to attract investment in support industry production.
Positive signs in attracting power industry investment
(VEN) - Director of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) Hoang Tien Dung told Vietnam Economic News’ Lan Anh & Ba Cuong that the willingness of domestic and foreign private investors to develop power projects without government guarantees is a plus in attracting power industry investment.
HCM City industrial production falls sharply
HCM City’s index of industrial production for the first seven months of the year declined by 5.5 per cent year-on-year due to the impact of the COVID-19 pandemic, according to its Department of Industry and Trade.
Binh Thuan looks to become LNG-powered national energy hub
(VEN) - Prime Minister Nguyen Xuan Phuc recently in-principle approved to add the LNG gas-fired power project near Ke Ga Cape in the southern province of Binh Thuan to the National Power Development Master Plan for the 2021-2030 period, with a vision towards 2045 (Power Development Master Plan 8). This project, together with the Thang Long Offshore Wind Power Project, will contribute to turning Binh Thuan into a national energy hub.
Banpu Energy Group acquires Mui Dinh Wind Farm
(VEN) - Banpu Public Company Limited, a leading integrated energy solutions company in the Asia-Pacific, is acquiring an operating wind farm, the Mui Dinh Wind Farm.
Textile exporters encounter new European consumer trends
(VEN) - Consumers in the European Union are shifting their preferences for textile and garment products, with fast and cheap fashion gradually being replaced by environmentally friendly goods. This trend is expected to force domestic textile and apparel manufacturers to change their production methods accordingly.
Mekong power plant completes key phase toward finish line
(VEN) - On July 10, the PetroVietnam Song Hau 1 Power Project Management Board, together with contractors VINAINCON, LILAMA and member units of Vietnam Electricity (EVN), successfully powered up key components of the long-delayed Mekong Delta power plant toward its 2021 completion.
EVN powers up all customer services
(VEN) - Pursuing comprehensive reform, the biggest, state-owned power corporation/group in Vietnam - Vietnam Electricity (EVN) - has implemented a digital transformation of its customer services, which are all performed online now as level-4 public services.
Phát triển ngành công nghiệp ôtô: Phải biết khai thác lợi thế trong hội nhập
Trao đổi với phóng viên Vuasanca
về định hướng phát triển ngành công nghiệp ôtô Việt Nam, Tiến sĩ Võ Trí Thành - Viện trưởng Viện Nghiên cứu Chiến lược thương hiệu và cạnh tranh - nhận định: Việt Nam cần phải theo xu thế chung, tham gia sâu vào chuỗi cung ứng toàn cầu, thúc đẩy thị trường tăng trưởng ổn định và dài hạn.
EU trade pact holds out promise for cashew exports
(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) will help deepen the Vietnamese cashew sector’s involvement in global supply chains and increase its exports to the EU market. Vietnam Economic News’ Ha Duyen spoke about the export prospects with Dang Hoang Giang, Vice Chairman and Secretary General of the Vietnam Cashew Association (VINACAS).
“Phép thử” ngành thép
Doanh nghiệp ngành thép đang kỳ vọng đạt mức tăng trưởng cao hơn trong nửa cuối năm, khi nửa đầu năm đã kết thúc với nhiều khó khăn do dịch bệnh.
Ba Ria-Vung Tau Province: Industry and trade sector improves business climate
(VEN) - The industry and trade sector of Ba Ria-Vung Tau Province has undertaken to create a favorable business environment for businesses in keeping with government resolutions.
Dak Lak rural enterprises wake up and smell the coffee
(VEN) - Dak Lak Province has greatly modernized its rural production with the support in both human and material resources of national and local industry promotion budgets.
Bac Ninh Province targets greater participation in global value chain
(VEN) - Bac Ninh Province has gradually joined the global value chain over the past decade by realizing the key importance of its supporting industries and adopting policies to develop them.
Support industry tackles weakness to grasp post-pandemic opportunity
(VEN) - Vietnamese supporting industry enterprises are implementing more effective capital use and restructuring as they reorganize to seize post Covid-19 opportunities.
Vietnam lacks mechanisms for private investment in renewable energy
Many private enterprises said they want to invest in building renewable energy infrastructure, but Việt Nam still lacks mechanisms to encourage private enterprises to participate in this activity.
Project improves coffee quality in Lam Dong Province
(VEN) - Lam Dong is one of five Central Highlands provinces selected by the Ministry of Industry and Trade for a key three-year project to improve the productivity and quality of coffee processing by rural industrial establishments.
EVN meets record power demand, urges power saving
(VEN) - Electricity consumption in Vietnam recorded an all-time high of 38,800MW in June, according to the Vietnam Electricity (EVN), breaking the level of 38,147MW recorded in June 2019. EVN, the state-owned national power distribution company, plans to utilize multiple electricity sources to ensure sufficient power amid constantly rising demand and adverse climate change effects.
New opportunities to boost typical rural industrial products
(VEN) - The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade has adopted promotion plans for typical rural industrial products at regional and national levels.
Vietnam aims to down car prices by reducing component import
(VEN) - Vietnam’s automakers import some 80 percent of their parts, raising car prices above those in neighboring countries. To lower locally manufactured car prices, Vietnam must reduce its reliance on imported parts and components.