Business

Power sector chases 12 percent growth

Vietnam 's power supplies need to be developed at more than 12 percent a year to meet domestic consumption, participants at the second annual Vietnam power summit were told yesterday.
Business

Four new generators linked to power grid

Four new generators for the national power grid were brought into operation in the first four months of this year, adding a total 1,215 MW of electricity to the national power supply, according to the Electricity of Viet Nam Corporation (EVN).
Politics

PM Dung’s visit will boost ties with Cambodia

Prime Minister Nguyen Tan Dung’s visit to Cambodia and his co-chairing the second Vietnam-Cambodia investment promotion conference on April 23 and 24 is expected to accelerate bilateral trade and investment ties.
Business

HCM City eyes bailout for struggling firms

The Ho Chi Minh City People's Committee has made several recommendations to central authorities to enable the corporate sector to overcome their difficulties and contribute to economic growth.
Business

Companies keep up pace during Tet

Cam Pha Port in the northern province of Quang Ninh welcomed the lunar new year’s first ships on Feb. 4, the Vinacomin 1 and Cambodia ’s Jing Peng Hai loading dust coal for both domestic and foreign customers.
Politics

Congress debates socio-economic issues

At the plenary session of the 11th National Party Congress on Jan. 13, delegates debated the country’s development orientation and major socio-economic issues which were highlighted in documents presented to the congress.
Business

VN faces prospect of more power shortages

Vietnam will face a power supply shortfall of up to 3 billion kWh in 2011 due to the serious water shortages in major reservoirs, said an official of Electricity of Vietnam (EVN) at an EVN meeting on Jan. 10.
Business

Vietnam’s economy picks up in 2nd quarter

Vietnam’s economy accelerated strongly as the second quarter’s year-on-year growth in gross domestic product rose to 6.4 percent from the first quarter’s 5.83 percent, according to the General Statistics Office (GSO).
Business

Power cuts, rates curb production

Power shortages and high interest rates were likely to hamper production in factories over the coming months, the Ministry of Industry and Trade has been informed.
Society

Drastic measures needed to ensure power

Prime Minister Nguyen Tan Dung has ordered ministries, sectors and localities to take drastic measures to ensure electricity supply in this year's dry season.

The order was issued amidst increasing concerns over electricity shortages which are the consequence of a long-lasting drought and the tardy progress of new power projects.
Business

PetroVietnam achieves 76 percent growth in revenue

The National Oil and Gas Group (PetroVietnam) notched up a total revenue of nearly 95 trillion VND (5 billion USD) in the first quarter of this year, an impressive growth of 76 percent compared with the same period last year.
Society

Tenants protected by new regulation

Tenants in Ho Chi Minh City can register for electricity supply independent of their landlords under a new regulation passed by the city to safeguard lessees from being gouged by house owners.
Business

Reservoir shortage prompts EVN to buy power

Electricity of Vietnam (EVN) plans to purchase around 33 billion kWh from other power companies, pushing supply for the year up to 97 billion kWh for 14.47 percent increase over last year.
Society

EVN plans new power sources in dry season

The Electricity of Vietnam Corporation has announced that there will be sufficient power supply for the dry season in 2010, provided that the new sources of power generation are put into operation on schedule.