The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia slightly up thanks to stronger domestic demand and export growth.   Customers shop at a supermarket in Ho Chi Minh City. Photo by VnExpress/Thanh Tung  In the latest edition of Asian Development Outlook, which was released on July 17, the financial […]

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The Southeast Asia Clean Energy Facility II (SEACEF II) has invested US$10 million in Nami Distributed Energy, which is headquartered in Ho Chi Minh City and Hanoi, to promote innovative distributed energy solutions.   A solar power project that Nami Distributed Energy developed at Viet Thang Corporation in Ho Chi Minh City.  Singapore’s fund manager […]

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Container leasing companies worldwide are buying international-standard containers produced in Vietnam, against the backdrop of the global container shortage driving up sea freight rates.   A container forklift truck is seen operating at a container yard in Vietnam. Photo: A.N. / Tuoi Tre  Recently, container freight rates on many routes to the U.S. have soared […]

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Power consumption hitting a new record of 1.02 billion kWh per day on June 14.   Total electricity generation and import in the first six months of this year reached 151.74 billion kWh, a year-on-year increase of 12.4%, according to Vietnam Electricity  (EVN). During the period, the electricity consumption across the country reached a new […]

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The REDD+ Environmental Excellence Standard, the world’s first purely jurisdictional carbon credit standard under Virginia-based carbon registry ART, has accepted Vietnam’s carbon registration and monitoring reports, S&P Global quoted ART as saying in a statement on Wednesday.     This milestone paves the way for Vietnam to bring jurisdictional carbon credits to the market. Jurisdictional carbon credits […]

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The Green and Clean Energy towards Net Zero forum co-hosted by Vneconomy / Vietnam Economic Times and the Department of Climate Change on July 11, attracting over 200 delegates.   Mr. Ta Dinh Thi, Vice Chairman of the National Assembly Committee on Science, Technology and Environment, addressing the forum. Economic and energy experts, enterprises, investors […]

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The bonds offered through auctions held by the Hanoi Stock Exchange.   The State Treasury had raised nearly VND29.5 trillion ($1.16 billion) in government bonds in June through 18 auctions held by the Hanoi Stock Exchange. The bonds were offered for five terms, including five, 10, 15, 20 and 30 years with the 10-year bonds […]

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The two sides signing an MoU on July 2 on the occasion of PM Pham Minh Chinh’s official visit to South Korea.   Vietnamese Prime Minister Phạm Minh Chính and South Korean Prime Minister Han Duck Soo witness the signing of the MoU ( Photo VGP) Vietnam and South Korea will enhance cooperation to promote […]

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The cooperation was pledged during Minister of Planning and Investment Nguyen Chi Dung’s working visit to the US from June 22 to 26.    Minister of Planning and Investment Nguyen Chi Dung had a meeting with Dr. Richard Lawton Thurston, former Senior Vice President of the Taiwan Semiconductor Manufacturing Company, Ltd., (TSMC) During his working visit […]

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10 new FDI projects licensed, worth $9.85 million.   Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted nearly $199 million of FDI capital in the first six months of the year, doubling the figure of the same period last year, according to the Ho Chi Minh City Export Processing […]

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