South Korea’s biggest carrier Korean Air Wednesday restarted its Incheon – Da Nang City service after over two years of suspension due to Covid-19. On Wednesday night a flight carrying 200 tourists landed at Da Nang International Airport in central Vietnam. There will be two weekly flights on Wednesdays and …
Read More »Vietnam cannot bank solely on renewable energy for net-zero emissions
Experts say an exclusive focus on renewable energy, accounting for 27 percent of total power supply, will not be enough to help Vietnam reach its “net-zero” emissions target by 2050. Wind and solar power are not the sources of energy that will help Vietnam ensure national security, says Sean Lawlor, …
Read More »Electricity consumption hits new record amid heatwave
Power consumption soared to an all-time high of 45,528 megawatts at noon Tuesday as people turned on air-conditioners and other devices to beat the searing heat. It was 6,000 MW higher than last week’s average, Nguyen Duc Ninh, director of the National Load Despatch Center, said at a conference Wednesday. …
Read More »Prudential CEO encourages employees to try and fail
Prudential CEO Phuong Tien Minh encourages employees to try new ideas and not be afraid of making mistakes because success only comes to those who dare to fail. Prudential CEO encourages employees to try and fail Prudential CEO encourages employees to try and fail
Read More »Lopsided relationship scares investors off PPP
Overhead view of a project under the North-South Highway Project. VNA/VNS Photo Huy Hùng HÀ NỘI — Nearly 18 months since the introduction of the 2021 Law on Public-Private Partnership (PPP) in Việt Nam, it’s still difficult to get investors to warm up to PPP projects despite the huge potential …
Read More »Only half of listed companies comply with information disclosure norms
A chart showing the number of listed companies meeting stock market information disclosure requirements in 2011-22. — VNS Photo HCM CITY — Some 385 listed companies on the Hà Nội and Hồ Chí Minh stock exchanges, or 52 per cent, have met all information disclosure requirements, according to a survey …
Read More »Shares mixed on sliding liquidity
People buy smartphones at Mobile World Investment’s store in Hà Nội. MWG shares lost more than 5 per cent yesterday. — VNS Photo Mai Hương HÀ NỘI — Shares continued to slide in HCM City but recovered in Hà Nội on Wednesday as liquidity decreased on widening divergence. On the …
Read More »Southern land, house prices up by 20 pct
Land and house prices in southern localities in May rose 10-20 percent year-on-year as new projects establish a surging price tag that raises the market average. Land prices in the provinces of Binh Duong and Long An increased by 11 percent, with the latter accounting for 70 percent of new …
Read More »Toyota Land Cruiser out of stock in Vietnam
A supply crunch has forced Toyota dealers across Hanoi and Ho Chi Minh City to stop accepting new Land Cruiser orders, with customers buying from each other at higher prices. The Land Cruiser LC300, a new version of one of the most sought-after SUVs made by the Japanese automaker, has …
Read More »VN-Index hits 14-month low
Vietnam’s benchmark VN-Index dipped 0.27 percent to 1,169.27 points Wednesday, the lowest since last March, but with 15 blue chips gaining. The index closed 3.2 points lower after losing over 41 points this week. Trading on the Ho Chi Minh Stock Exchange fell by 15.6 percent to VND13.31 trillion ($572.7 …
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