Saturday , November 23 2024

Business

Business

VN-Index starts week with minimal shifts

VN-Index starts week with minimal shifts

Vietnam’s benchmark VN-Index rose 0.09% to 1,125.50 points Monday as it continued to go flat after a surge earlier this month. The index closed 1.06 points higher after gaining 2.95 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 17% to VND14.65 trillion ($603.44 …

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One-third of coal must be imported in 2024

One-third of coal must be imported in 2024

Vietnam needs 74.3 million tons of coal to produce power next year, but domestic supply can only meet 65% of that demand, so the rest must be imported. This means the country will need to import 26 million tons of coal from its main markets in Australia and Indonesia. In …

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Excess solar power purchased at 0 đồng?

Workers of Vietnam Electricity install rooftop solar panels. — VNA/VNS Photo  Compiled by Ly Ly Cao HÀ NỘI — The Ministry of Industry and Trade (MoIT) is seeking public opinions on a draft proposal regarding rooftop solar power for self-consumption without selling electricity to organisations, individuals, or the national grid. The …

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Securities companies gear up for capital increase

SSI Securities Company (SSI) has announced its intention to seek shareholders’ approval for a plan to issue 453 million shares to increase its charter capital from equity sources. Photo SSI HÀ NỘI – The competition to increase capital among securities companies is showing signs of excitement once again in the …

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Nvidia to expand ties with Vietnam, support AI development

Nvidia to expand ties with Vietnam, support AI development

U.S. chipmaker Nvidia’s chief executive said on Monday the company will expand its partnership with Vietnam’s top tech firms and support the country in training talent for developing artificial intelligence and digital infrastructure. Nvidia, which has already invested $250 million in Vietnam, has so far partnered with leading tech companies …

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Going green crucial for growing agricultural exports

Greening agriculture is not a burden but an opportunity. — Photo courtesy of Pexels HCM CITY — Adopting high sustainability standards puts pressure on the agricultural sector but also creates opportunities to gain a competitive edge, experts have said. While Việt Nam has admittedly gained momentum in agricultural exports in …

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