The Hanoitimes – The sales of electricity to Vietnam Electricity (EVN), the sole distributor of electricity in the country, is at 9.35 US cents per kWh for 20 years. B. Grimm Power, the power generation arm of Thailand-based B.Grimm Group, has reached a 20-year agreement to supply electricity from its 257-MW solar photovoltaic (PV) farm in […]
Read MoreThe Hanoitimes – The move is part of a series of commitments signed in the Memorandums of Understanding (MOUs) between Vietnam`s Ministry of Industry and Trade (MoIT) and AEON. Japan’s leading retailer AEON will increase the presence of Vietnamese goods in its shopping mall centers around the globe, taking Vietnam’s export turnover through AEON to US$500 […]
Read MoreThe Hanoitimes – A lack of skilled professionals is considered a main cause hindering Vietnam to get technology transfer from foreign direct investment (FDI) firms, experts said. According to Deputy Minister of Planning and Investment Nguyen The Phuong, FDI firms play an important role in attracting and transferring technology, but the efficiency of the transfer work […]
Read MoreHANOI: Vietnam is seeking to reduce its reliance on Asian rice markets while boosting the output of high-quality grain to better position itself in the global market, the government said on Thursday. The country aims to reduce its rice shipments to Asian markets to 50% of its total exports by 2030, from the current of 60%, […]
Read MoreThe Hanoitimes – Vietnam’s market has 18 life insurers, of which only Bao Viet Life Insurance is Vietnamese while the rest are wholly foreign-owned companies or joint ventures. The domestic fast-growing insurance market has prompted many foreign companies to step up their presence in Vietnam in the past years. Vietnam’s insurance sector has targeted revenue of […]
Read MoreThe Hanoitimes – Vietnam`s nominal GDP in 2018 is forecast to grow over 6.7% to reach VND5,555 trillion (US$240.5 billion), leading to GDP per capita of US$2,540, up 6.3% year-on-year or US$155. Vietnam targets the GDP growth rate of 6.6 – 6.8% in 2019, Vice Minister of Planning and Investment Nguyen Van Trung was quoted by VnEconomy as […]
Read More
Thailand
