Vietnamplus

In the mornings before he opens his traditional house to visitors, Meritorious Artist To Thanh Son prepares tea to welcome his guests.

Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect.

Vietnam suffers around 10.8 – 13.2 billion USD worth of economic losses associated with ambient air pollution each year, equivalent to 4.45 – 5.64 percent of the country’s GDP, heard a discussion in Hanoi on January 14.

Three large-cap companies that debuted on the Ho Chi Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.

Indonesia has revised investment target in energy in 2020 to 35.9 billion USD from 31.9 billion USD set previously, according to the Ministry of Energy and Mineral Resources.

The Vietnam Report JSC and VietNamNet newspaper announced the top 500 largest enterprises in Vietnam (VNR500) in 2019 at a ceremony in Hanoi on January 9.

The Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has set to sell 49 million tonnes of coal in 2020, a year-on-year surge of 10 percent, according to Vinacomin Deputy Director General Nguyen Hoang Trung.

Various environmental incidents in 2019 have forced Vietnam’s people and Government to face a reckoning.

The manufacturing and processing industry drove economic growth in 2019 with production volume increasing 11.29 percent over the previous year, according to the General Statistics Office (GSO).

The primary task of Vietnam Electricity (EVN) is to ensure adequate supply of electricity for socio-economic development, Prime Minister Nguyen Xuan Phuc has said.

Power supply for production and domestic consumption in 2020 would be ensured, according to the Ministry of Industry and Trade (MoIT).

The state-owned Vietnam Electricity (EVN) reported a profit of nearly 700 billion VND (30.29 million USD) from ít power generation and business activities in 2018, according to the MoIT.

Indonesia posted its biggest trade deficit in seven months in November, as exports fell more than expected and imports of consumer goods soared ahead of year-end festivities.

Reduced revenue from cutting taxes on imported goods in accordance with various free trade agreements (FTA) Vietnam had signed was unlikely to affect State revenue, said the finance ministry in a conference held on December 12 in Hanoi.

The Ministry of Industry and Trade (MoIT) has directed the Electricity of Vietnam (EVN) to prepare solutions in order to ensure electricity supply in 2020, especially in the dry season.

Only 28 percent of industrial zone workers are provided with stable accommodation, while the rest have to rent houses with poor sanitation and infrastructure.

It is necessary for Vietnam to roll out a suitable strategy on sustainable energy development, according to Deputy Minister of Industry and Trade Dang Hoang An.

As many as 40 policy recommendations for a sustainable energy future in Vietnam were introduced by the Vietnam Energy Partnership Group (VEPG) at the 3rd High-level Meeting and 1st Stakeholder Forum of the VEPG in Hanoi on December 10.

Indonesia’s gross domestic product (GDP) is projected to grow by only 4.9 percent in 2019, 0.4 percent lower than the set target, Moody’s Investor Service has said.

Deputy Prime Minister Trinh Dinh Dung held a reception in Hanoi on December 6 for Mongolian Minister of Food, Agriculture and Light Industry Ulaan Chultem.