Business

Thermal power plants in northern Vietnam are short of over one million tons of coal for power production for this and next month, which could intensify electricity shortage in the region. Vietnam’s main coal suppliers Vinacomin and Dong Bac Corp were obliged to provide 4.39 million tons to utility firm …

Vietnam’s benchmark VN-Index rose 0.58% to 1,122.46 points Tuesday, highest since Sep. 30 last year. The index closed 6.44 points higher after gaining 8.49 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 14.22% to VND17.44 trillion ($742.16 million). The VN-30 basket, comprising the 30 …

Portable power stations have become sought-after items in northern Vietnam as unpredictable power cuts urged residents to store electricity in advance. Quang Minh in Hai Phong has been looking to buy a portable power station for his household, which has been experiencing load shedding of up to several hours at …

Moonlight 1, a luxury apartment complex in the heart of five-star urban area Anlac Green Symphony, will be home to experts and lecturers working at Hoa Lac Hi-Tech Park. Moonlight 1 is one of the few apartment projects in the high-end segment that is close to Hoa Lac Hi-Tech Park, …

Remarkable political and business leaders celebrate the Group’s 55th anniversary “2022 Chun Wo Student Innovation Awards” winners unveiled, nurturing the next-gen engineering talents HONG KONG SAR – Media OutReach Newswire – 6 December 2023 – Asia Allied Infrastructure Holdings Limited (“AAI” or “the Group”, stock code: 00711) and its core …

Online exports are seen as a “launchpad” that helps businesses maintain sustainable revenue and increase exports in the context of rising inflation and consumers tightening their spending, according to insiders. Tran Thi Yen Phi, CEO of DSW Services and Trading Company Ltd, said the operation of online stores on cross-border …

  Regional insurtech Igloo has closed a US$36 million Pre-Series C funding round to support its regional expansion via strategic acquisitions. — Photo courtesy of the company HCM CITY — Regional insurtech Igloo has closed a US$36 million Pre-Series C funding round led by global investment firm Eurazeo through its insurtech …

Only one beach villa was sold on Vietnam’s primary market last month, as the property sector continues to struggle with poor demand amid economic difficulties. VnExpress data shows that only one unit was sold in a villa project in the northern province of Hoa Binh. The villas there were priced …

COPENHAGEN — Copenhagen Infrastructure Partners (CIP) announced the Growth Markets Fund II launch during the 2023 United Nations Climate Change Conference (COP 28) in Dubai on December 4. With a focus on developing and building offshore and onshore wind, solar PV, energy storage and Power-to-X projects in selected high-growth markets …

  A signing ceremony took place in Paris with the participation of FPT Software CEO Phạm Minh Tuấn, FPT Software Senior Executive Vice President Đặng Trần Phương, AOSIS CEO Pascal Janot, and other senior leaders of the two firms. — Photo courtesy of FPT PARIS — Global technology service provider FPT …