The 7th international exhibition on technology, equipment and solutions for electricity transmission and distribution (Electric & Power Vietnam 2018) opened in Ho Chi Minh City on September 12.
Power drawn from renewable energy is expected to soar in the future, although the country’s capacity to integrate this source of energy into the national power grid is still limited, possibly causing throttling on the network, heard attendants at a seminar held in Hanoi last week.
The Mekong Delta province of Tra Vinh plans to increase the production values of the agro-forestry-fishery sector by more than 4 percent by 2020, according to the provincial People’s Committee.
Moody’s Investor Services projected Vietnam’s annual GDP growth to stay at around 6.4 percent during the 2018-2022 period in its latest report issued on August 10.
Prime Minister Nguyen Xuan Phuc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure for inflation hike remains considerable.
Bernd Lange, Chairman of the European Parliament’s Committee on International Trade, has said he expects the European Union-Vietnam Free Trade Agreement (EVFTA) to be signed at the Asia-Europe Meeting Summit in October or sometime in November this year.
Vietnam’s stock market is likely to recover in the remaining months of 2018 thanks to Government plans to develop the private sector and to attract local and international investors, experts have said.
The Vietnam Law and Legal Forum, under the Vietnam News Agency, talks with Lieutenant General Hoang Phuoc Thuan, Director of the Cyber Security Department of the Ministry of Public Security, about some controversial issues governed by the draft Law on Cyber Security.
Some lawmakers described economic growth in 2017 and the first months of 2018 as impressive and applauded the Government’s efforts to achieve that outcome while discussing socio-economic issues on May 25.
Vietnam’s economy could grow by 7.02 percent in 2018 under a high growth rate scenario, according to the National Center for Socio-Economic Information and Forecast (NCIF).
Deputy PM Truong Hoa Binh stressed the need for Vietnam to boost potential and strong fields to motivate socio-economic development, improve the business and investment environment and national competitiveness.
Vietnam’s economy had a good start in 2018 with a 7.38 percent GDP growth in first quarter, but experts warn of challenges and risks ahead in the remaining of the year as well as following years.
Cambodia's economy is likely to expand 6.9 percent this year, a slight increase as compared with the growth rate of 6.8 percent in 2017, mainly thanks to a recovery in textiles and garment exports, tourism and agricultural sectors, the World Bank (WB) said.
SSI targets pre-tax profits of 1.615 trillion VND (70.8 million USD) on revenues of 3.41 trillion VND (149.56 million USD) this year, year-on-year increases of 12 percent and 15 percent.
Thai Deputy Prime Minister Somkid Jatusripitak has said Thailand must transform itself into a technology and innovation-driven economy to prepare for the decreasing role of manual labour.
An ASEAN-Australia Special Business Conference was organised on March 16 in Sydney, New South Wales, within the framework of the on-going ASEAN-Australia Special Summit.
Prime Minister Nguyen Xuan Phuc has urged Australian companies to invest in the potential market of Vietnam at the Vietnam-Australia Business Forum in Sydney on March 16.
Prime Minister Nguyen Xuan Phuc said he believes a new wave of investments, both direct and indirect, from Australia, will land in Vietnam for win-win benefits, following the freshly-established Strategic Partnership.
