Over 170 domestic and foreign enterprises are participating in the Electric Energy Show 2023 (ELECS 2023) which opened in the capital city on May 17. During the three-day show, firms will introduce their power generation equipment, new renewable energy equipment, new renewable energy equipment and distribution and transmission equipment in 250 booths. (Photo provided by the event's organisers) During...

According to the Ministry of Agriculture and Rural Development (MARD), tea exports in the first four months of this year reached 30,000 tonnes, worth 50 million USD, down 4.8% in volume and 5.8% in value compared to the same period last year. Tea exports earn 50 mln USD in first four months of 2023 (Photo: VNA) The average...

The Australian government on May 16 through its Australian Climate Finance Partnership (ACFP), administered by the Asian Development Bank (ADB), granted a technical assistance package to the VinES Energy Solutions JSC (VinES). Manufacturing cell battery at a factory of VinES (Photo: VNA) The package aims to support the study towards promoting the growth of lithium ion battery technology...

The Vietnam National Coal - Mineral Industries Group (Vinacomin) and Kushiro Coal Mine Co. Ltd, an affiliate of Japan’s Oil, Gas and Metals National Corporation (Jogmec) signed an agreement on the training of safe technology and coal mining for the 2023 fiscal year in Hanoi on May 16. At a coal mine in Quang Ninh (Photo: VNA) Since 2002,...

Despite impacts caused by the COVID-19 pandemic, foreign direct investment (FDI) is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world. Illustrative image (Photo: Dau tu (Investment) newspaper) Registered capital, disbursement boom Over the past five years, since Vietnam reviewed its 30-year foreign investment attraction, the FDI flow...

On May 15, Mr. Luong Trong Quynh, Vice Chairman of the Provincial People's Committee chaired a thematic meeting to assess the progress of site clearance of key projects and consider solving difficulties and problems in site clearance work in districts and city in April 2023 Attending the meeting were representatives of leaders of relevant departments and sectors and People's...

Deputy Prime Minister Le Minh Khai on May 15 signed a decision approving an investment policy for the construction and operation of infrastructure at VSIP Lang Son Industrial Park in the northern mountainous province of Lang Son. Illustrative image (Photo: baochinhphu.vn) The project will be invested by the Vietnam Singapore Industrial Park Joint Venture Company (VSIP). It will...

With the increasing project number and investment value, foreign invested enterprises have become a dynamic sector and an important growth driver for the Vietnamese economy, said Deputy Minister of Planning and Investment Do Thanh Trung. As of the end of April 2023, Vietnam attracted nearly 446 billion USD in foreign investment, 280 billion USD of which had been...

Many banks plan to increase their charter capital in 2023 in order to ensure operational safety and have more resources for business development. A Vietcombank branch in Hanoi. (Photo:VNA) Data from the State Bank of Vietnam (SBV) showed that by the end of 2022, the charter capital of the whole banking system reached 876.99 trillion VND, up 13.04%...

Toyota Vietnam sold 4,415 passenger cars, including the luxury brand of Lexus, in April, topping the passenger car market, the joint venture reported. A Toyota Vios car (Photo: Toyota Vietnam) It delivered 4,247 vehicles of Toyota models to buyers, comprising 1,876 domestically assembled cars and 2,371 imported completely built-up units. Corolla Cross and Vios were among the 10...