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How high should renewable-power prices be?

The government of Vietnam needs to set renewables prices at reasonable levels that can benefit investors, EVN and consumers, experts say.

Wind power the fulcrum for renewable energy companies

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.

Marine spatial planning: Blueprint to develop ocean resources

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.

Smuggling gold: The hidden crisis in Vietnam

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.

Billionaire Tran Dinh Long stays in top 3 richest in VN amid steel stock surge

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.

New decree to set stage for innovative start-up economy

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.

VN non-life insurance market attracts foreign investors despite challenges

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.

Pham Nhat Vuong's wealth and commitment: A deep dive into VinFast's future

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.

Record-high lychee prices in Vietnam as Chinese traders increase purchases

Chinese traders have flocked to Bac Giang province to buy large quantities of lychees, driving prices to a historic high.

Keeping foreign ownership limit unchanged for Vietnamese airlines

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.

Vietnam eyes lucrative Halal market with growing Muslim population

Experts see a golden opportunity for Vietnam to tap into the booming Halal market, fueled by a surging global Muslim population.

The silver economy, a billion dollar market in Vietnam

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 in future: free trade zone, tourism center and semiconductor hub

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.

Capitalization drops, Vinamilk falls from No 1 position

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.

Gasoline market sees decline in distributors amid new regulations

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.

Prime Minister: SOEs must lead as pioneers to achieve global standards

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.

Chinese crayfish inundate Vietnamese markets, raising agricultural concerns

Despite being an invasive species that threatens agriculture, Chinese crayfish have infiltrated Vietnamese markets, attracting customers with their appealing color and taste.

Comprehensive carbon credit plan unveiled by Ministry of Industry and Trade

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.

Peak season flights struggle with low bookings amid price hikes

Despite the peak summer travel season, many flights remain half-empty due to skyrocketing airfares and tightened spending.

TV sales slump continues despite deep discounts and Euro 2024 hype

Despite significant price reductions and the ongoing European Football Championship (Euro 2024), TV sales remain stagnant with inventories piling up at unprecedented levels.