The Ministry of Industry and Trade (MoIT) has submitted a report to the Government regarding the implementation of a pilot project for offshore wind power development, recommending that the private sector should not be assigned this task. A project for offshore wind power located in Ninh Hải District in the …
Read More »Property developer Quoc Cuong Gia Lai gets new CEO
Nguyen Quoc Cuong, 42, has been appointed the new CEO of property developer Quoc Cuong Gia Lai (QGC) in place of his mother, real estate tycoon Nguyen Thi Nhu Loan. He is QGC’s legal representative starting from Monday, the firm said in its resolution. The firm will hold a shareholder …
Read More »Stocks plunge in 3rd session in red
Vietnam’s benchmark VN-Index fell 1.82% to 1,231.81 points Tuesday, lowest since May 3. The index closed 22.83 points lower after dropping 10.14 points in the previous session. Trading on the Ho Chi Minh Stock Exchange decreased by 14% to VND18.07 trillion ($712 million). The VN-30 basket, comprising the 30 largest …
Read More »‘I never intended to steal from investors’: FLC chairman Trinh Van Quyet
Former FLC chairman Trinh Van Quyet told the People’s Court of Hanoi Tuesday that he never intended to steal money from stock investors, but agreed with the accusations against him. Among the 50 accused, Quyet was questioned last by the judges as he was taken out of the court when …
Read More »Sub-$120,000 apartments disappearing from HCMC market
Apartments costing less than VND3 billion (US$119,000) are disappearing from the HCMC market with new supply in the segment drying up. A few years ago Binh and his family rented an apartment on Vo Van Kiet Street in Binh Tan District. They had initially planned to buy it at just …
Read More »ASUS IoT Unveils Comprehensive Edge AI and AIoT Portfolio Powered by NVIDIA Jetson at Computex 2024
ASUS IoT Unveils Comprehensive Edge AI and AIoT Portfolio Powered by NVIDIA Jetson at Computex 2024 PE2100N series and PE1101N edge AI solutions, based on the NVIDIA Jetson platform, engineered for diverse industrial applications SINGAPORE – Media OutReach Newswire – 18 June 2024 – ASUS IoT, the global AIoT solution …
Read More »Vietnam targets $7,500 GDP per capita by 2030
The Vietnamese government has set a goal to bring GDP per capita to $7,500 by 2030, up 75% from 2023. GDP per capita rose 1.6% to $4,284.5 last year, according to the General Statistics Office. S&P Global Ratings expects Vietnam’s GDP per capita to reach $4,500 this year. The International …
Read More »Accomplices of FLC chairman Trinh Van Quyet claim ignorance in signing fraudulent documents
Accomplices of former FLC chairman Trinh Van Quyet claimed to have signed documents without knowing they were used to inflate the capital of Faros Construction by thousands of times on paper. The trial of Quyet and his 49 accomplices for fraud and stock manipulation opened on Monday at the People’s …
Read More »Australian tourist stabbed to death in Thailand
Police in Thailand have arrested a U.S. tourist for allegedly stabbing an Australian man to death at a popular beach in Krabi Province. Police received a report from local residents on Monday night about a violent confrontation. When they arrived at the scene, they found a male tourist with severe …
Read More »Henkel Malaysia Equips Underprivileged Children with Computer Skills
Henkel Malaysia Equips Underprivileged Children with Computer Skills Empowering low-income communities in Malaysia through computer literacy KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 23 July 2024 – Henkel Malaysia, in collaboration with Project Hope Welfare Association, successfully concluded a 10-week computer literacy programme for children aged between 10 to …
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