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The government of Vietnam needs to set renewables prices at reasonable levels that can benefit investors, EVN and consumers, experts say.
The share of wind power is targeted to increase significantly, from 5 per cent in 2022 to 19 per cent by 2030 and 29 per cent by 2050.
The maritime space of Vietnam is renowned for its richness in natural resources as well as its significant economic, geopolitical, defence and security positions, both regionally and globally.
As gold prices in Vietnam soar above global market rates, a hidden crisis emerges. Traders, enticed by the lucrative profits, are employing increasingly sophisticated methods to smuggle gold into the country.
The shares of billionaire Tran Dinh Long's company have risen sharply, increasing the assets of the steel tycoon to US$2.7 billion and ranking him 3rd among the richest individuals in Vietnam.
The development of a separate decree on innovation and innovative start-ups is underway with an aim to leverage innovative start-up firms to a new height.
Vietnam's non-life insurance market, currently valued at approximately US$ 2.8 billion, is projected to grow to $28 billion by 2030. Despite this potential, foreign investors have found limited success in the sector over the past 20 years.
Billionaire Pham Nhat Vuong has pledged to support VinFast "until the money runs out" while maintaining a stress-free lifestyle, sleeping eight hours a day.
Chinese traders have flocked to Bac Giang province to buy large quantities of lychees, driving prices to a historic high.
There is no legal basis at the moment to consider proposals related to raising the foreign ownership ratio in aviation transport businesses to 49% of the charter capital, said the government agency.
Experts see a golden opportunity for Vietnam to tap into the booming Halal market, fueled by a surging global Muslim population.
The number of elderly people is forecast to represent 17 per cent of the total population by 2030, rising to 25 per cent by 2050.
Da Nang's advantages could enable the establishment of a new free trade zone (FTZ) that would attract investors, a tourism center luring high-income earners, and a semiconductor hub with excellent human resources.
Foreign investors have been selling Vinamilk shares (VNM) more than buying in recent years. The nation’s leading dairy producer has lost its throne in the F&B sector. On June 12, foreign investors sold 1.73 million VNM and bought only 391,000 shares.
Since the beginning of the year, 16 traders have requested the return of their certificates of eligibility to be gasoline distributors, leading the Ministry of Industry and Trade to revoke these licenses as per regulations.
PM Pham Minh Chinh has called for state-owned enterprises (SOEs) to well perform "5 pioneers" and become major economic drivers, urging ministries and branches to support these enterprises to reach international levels of performance and influence.
Despite being an invasive species that threatens agriculture, Chinese crayfish have infiltrated Vietnamese markets, attracting customers with their appealing color and taste.
The Ministry of Industry and Trade has outlined tasks for related agencies to negotiate, sign, and implement agreements or contracts with international partners on carbon credit transfers.
Despite the peak summer travel season, many flights remain half-empty due to skyrocketing airfares and tightened spending.
Despite significant price reductions and the ongoing European Football Championship (Euro 2024), TV sales remain stagnant with inventories piling up at unprecedented levels.