top strategies to employ for integration of esg aspects

Top strategies to employ for integration of ESG aspects

Environmental, social, and governance (ESG) criteria are becoming increasingly important to Vietnamese businesses, with around 80 per cent having already made commitments to these criteria or planning to do so shortly.
how predictable can 2023 become for real estate

How predictable can 2023 become for real estate?

Some experts continue to be sceptical about the possibility of the real estate market entering a calm period and freezing liquidity at this moment.
stepping up esg for socioeconomic gains

Stepping up ESG for socioeconomic gains

Both businesses and financial institutions in Vietnam are stepping up their journey in environmental, social, and governance (ESG) criteria, and reinforcing commitments to foster sustainability. A fresh PwC ESG Readiness Report for 2022 shows significantly upbeat figures about how businesses in Vietnam are approaching these matters.
thai binh 2 thermal power plant to start operations by may 10

Thai Binh 2 thermal power plant to start operations by May 10

All employees and managers are making an effort to put the first turbine of the Thai Binh 2 thermal power plant into operation by May 10. According to information from the project’s managing board, the construction is currently 92 per cent complete and the fire prevention system is almost completed.
pv power look for epc contractor for nhon trach 3 and 4 thermal power plants

PV Power look for EPC contractor for Nhon Trach 3 and 4 thermal power plants

Vietnam's second-largest electricity producer, PetroVietnam Power Corporation (PV Power), and the managing board issued the bidding information to call for investors for the engineering, procurement, and construction (EPC) package for Nhon Trach 3 and 4 thermal power plants.
authorities ask lng bac lieu power project to keep price at 7 us cent per kwh

Authorities ask LNG Bac Lieu power project to keep price at 7 US cent per kWh

The National Steering Committee for Electricity Development proposed the investor of Bac Lieu LNG-to-power project to keep the selling price of power at 7 US cent per kWh to save time in negotiating power purchase agreement (PPA).
honda acquires massive profit in vietnam

Honda acquires massive profit in Vietnam

Japanese car giant Honda reports a new record in scooter sales volume in Vietnam, with the total sales of scooters expected to reach 2.5 million units in the 2019 fiscal year.
pv power awaits listing on upcom and strategic investor

PV Power awaits listing on UpCOM and strategic investor

After a successful initial public offering (IPO), PetroVietnam Power Corporation (PV Power)—the second-largest electricity producer in Vietnam—is ready to list its shares on the Unlisted Public Company Market (UpCOM) tomorrow and is looking for a strategic investor.   
sabeco targets 50 per cent market share this year

Sabeco targets 50 per cent market share this year

After acquiring 53.56 per cent stake in Saigon Beer, Alcohol and Beverage Corporation (Sabeco), ThaiBev announced plans to sell between 1.85 and 2 billion litres of beer and increase Sabeco’s market share to 50 per cent this year.
euro auto introduced new bmw without customs clearance

Euro Auto introduced new BMW without customs clearance

Although Euro Auto’s imports do not receive customs clearing since November 2016, recently, the official BMW distributor in Vietnam has introduced a new model and customers are still receiving cars from the company.
vietnams green vehicle policies inadequate

Vietnam’s green vehicle policies inadequate

In the endeavour to reduce emissions and the dependence on fossil fuels, many governments have been adopting preferential policies for green vehicles, while car-makers are increasingly seeing the value of turning green and coming out with environment-friendly vehicles. However, in Vietnam, the policies to support green vehicles are still lacklustre.
pm extends euro 4 deadline

PM extends Euro 4 deadline

Diesel automobiles manufacturers and importers will have to apply the Euro 4 standard from the end of December 31, 2017, as stipulated in the Notice 126/TB-VPCP dated March 10, 2017 by the Prime Minister.
exchange rate fluctuations may push up power prices

Exchange rate fluctuations may push up power prices

As Vietnam Electricity Corporation (EVN) has to borrow from official development aid (ODA) and foreign financial institutions demand to invest in its projects, exchange rate pressures may not decrease in the near future, which will likely impact power price.
roadmap is needed for new emission standard

Roadmap is needed for new emission standard

Though major changes are on the horizon for the domestic auto industry, the Vietnamese government has so far failed to provide a roadmap for new emission standards, and carmakers are getting concerned.
vietnamese steel industry divided over import tariff proposal

Vietnamese steel industry divided over import tariff proposal

The recent proposal of four Vietnamese steel producers to raise the tariff on steel ingots and steel bars imported to Vietnam has received strong opposition from other steel companies.