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Energy association wants nation’s offshore wind power capacity septupled

Energy association wants nation’s offshore wind power capacity septupled

The Vietnam Energy Association wants the planned wind power generation capacity to be increased sevenfold in the country’s energy development plans for the next decade.
Vietnam’s first cargo airline hopes to fly high

Vietnam’s first cargo airline hopes to fly high

IPP Air Cargo, Vietnam’s first cargo airline, would fly to 16 local destinations and a number of foreign ones, and break even in three years, its chairman told VnExpress.
01:57 pm GMT+7
EVN names contractors for 1,200-MW thermal plant

EVN names contractors for 1,200-MW thermal plant

Vietnam Electricity, the country’ sole power distributor, has signed up three contractors for building a 1,200-MW thermal power plant at a construction cost of $1.3 billion.
11:02 am GMT+7
Firms register bad debts after foreign partners go under

Firms register bad debts after foreign partners go under

Several big companies are recording bad debts in their financial reports after failing to collect dues from foreign partners in difficulties, with some having gone bankrupt.
08:15 am GMT+7
Hanoi environmental workers unpaid for months pick trash to survive

Hanoi environmental workers unpaid for months pick trash to survive

Many of 200 sanitation workers of a Hanoi firm that ended their contracts without paying their salaries for several months are picking trash to make ends meet.
06:48 am GMT+7
Vietnam gets set to tax e-commerce revenue

Vietnam gets set to tax e-commerce revenue

Vietnam plans to tax 1.5 percent of annual e-commerce revenues of VND100 million ($4,297) and higher as part of leveling the field between traditional and online retail merchants.
June 17, 2021 | 07:45 pm GMT+7
Laos to supply Vietnam power from Mitsubishi-built wind farm

Laos to supply Vietnam power from Mitsubishi-built wind farm

Japan’s Mitsubishi Corporation will develop Southeast Asia’s largest wind farm in Laos to supply electricity to Vietnam, where demand is expected to grow continuously.
June 17, 2021 | 06:15 pm GMT+7
VN-Index recovers after losing session

VN-Index recovers after losing session

Vietnam’s benchmark VN-Index nudged up 0.25 percent to 1,359.92 Thursday, but trading value continued a downward trend.
June 17, 2021 | 05:25 pm GMT+7
Bamboo Airways to trial digital health pass

Bamboo Airways to trial digital health pass

Bamboo Airways officially entered into cooperation with the International Air Transport Association (IATA) to trial the IATA Travel Pass, laying a solid foundation for the airline’s reopening of international routes.
June 17, 2021 | 05:15 pm GMT+7
GAS announces 30 percent cash dividend for 2020

GAS announces 30 percent cash dividend for 2020

Petrovietnam Gas has earmarked VND5.74 trillion ($248 million) from its 2020 profits to pay a 30-percent dividend to its shareholders.
June 17, 2021 | 01:44 pm GMT+7
Dat Xanh Group to issue $300-mln international bonds

Dat Xanh Group to issue $300-mln international bonds

Real estate developer Dat Xanh Group (DXG) plans to issue $300 million worth of international bonds this year in Singapore.
June 17, 2021 | 12:24 pm GMT+7
Carriers, tourism firms teeter on the brink

Carriers, tourism firms teeter on the brink

With aviation and tourism arguably the hardest hit sectors by the Covid-19 pandemic, Vietnamese carriers and tourism companies are struggling to survive.
June 17, 2021 | 09:36 am GMT+7
Analysts differ on outlook for banking stocks

Analysts differ on outlook for banking stocks

Analysts are interpreting the recent dip in banking stocks, with some finding cause for concern while others remain confident about the potential for double-digit growth.
June 17, 2021 | 09:00 am GMT+7
Amazon, Alibaba race to recruit Vietnamese merchants

Amazon, Alibaba race to recruit Vietnamese merchants

Global giants Amazon and Alibaba are racing to recruit more Vietnamese vendors on their platforms seeking to boost their share of a booming e-commerce market.
June 17, 2021 | 07:01 am GMT+7
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