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DPPA decree may require supplements
16-05-2024 15:57
The draft decree on direct power purchase agreements, if adopted, will be a convenient mechanism for both renewable energy power generation projects and large customers, but there are still concerns about power transmission and expanding the number of electricity buyers.
Real estate firms back on track
14-05-2024 19:13
The real estate market is showing inspiring signs amid resumed transactions, with businesses in the sector about to embrace a new growth cycle.
Military Bank bolsters app security with facial recognition for safer transactions
14-05-2024 19:08
Fraud and asset misappropriation are becoming increasingly sophisticated, so Military Bank (MB) has upgraded its online transaction security with facial recognition authentication.
Death toll from floods in Indonesia continues to rise
14-05-2024 16:38
The number of people killed by flash floods and mud slides in Indonesia’s West Sumatra province has risen to 52 and more than 3,000 people were evacuated, local authorities said on May 14.
Local competition and greener projects must be encouraged
14-05-2024 11:24
The Vietnam Chamber of Commerce and Industry has announced the 2023 index results that aimed to encourage localities to pay greater attention to economic development associated with environmental protection. Marc E. Knapper, the US Ambassador to Vietnam, told VIR’s Hazy Tran about the expectations for the government and local businesses to enhance provincial competitiveness and greener projects.
Government urged to narrow domestic, global gold price gap
13-05-2024 17:47
Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
Many Vietnamese traders’ stores affected in Poland shopping centre fire
13-05-2024 17:26
Vietnamese Ambassador to Poland Ha Hoang Hai said on May 12 that a fire had broken out at the shopping centre on Marywilska street, Warsaw, Poland, where many Vietnamese run stalls, on early the day, and there was no casualty, but almost all property were destroyed, according to initial reports.
Indonesia flood death toll rises to 41
13-05-2024 17:09
The number of people killed by flash floods and cold lava flow from a volcano in western Indonesia over the weekend has risen to 41 with 17 more missing, West Sumatra disaster mitigation agency reported on May 13.
Lenders increase provisioning to protect against bad debt
13-05-2024 16:30
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has revealed that the central bank has greenlit a six-month extension of the debt rescheduling policy according to Circular No.02/2023/TT-NHNN.
Dong Thap elevating value through lotus products
13-05-2024 09:51
Dong Thap’s lotus has increasingly become a symbol of distinct economic value through festivals and enterprise successes.
Number of large FIEs in Vietnam almost doubles from 2022
13-05-2024 07:51
The rate of entry into Vietnam of small FIEs is decreasing, while those with a workforce ranging between 501 and 1,000 almost doubled between 2022 and 2023.
Vietnam targets 10 billionaires and top Asian business leaders by 2030
10-05-2024 19:21
Vietnam has set ambitious targets to have at least 10 billionaires and five of Asia’s most influential entrepreneurs by 2030, according to a newly issued resolution by the Vietnamese government.
Foreign tourist arrivals up 68.3 pc in first 4 months
10-05-2024 15:38
Facilitative visa policies and attractive tourism stimulus programmes have proven effective in attracting a high number of international visitors to Vietnam compared to the same period last year.
Hanoi Plastics and PowerNet Technologies embrace strategic partnership
10-05-2024 09:00
Hanoi Plastics JSC, a member of An Phat Holdings, and its Korean partner PowerNet Technologies have signed an MoU marking their strategic comprehensive partnership on electronic equipment assembly.
Weak bank reform to facilitate expansion activities
10-05-2024 08:00
A number of domestic banks are planning to restructure distressed zero-VND banks, but experts warn that the process is fraught with significant risks, such as rising non-performing loans and unresolved debts.
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