Power outage, equitisation top NA hearings Politics

Power outage, equitisation top NA hearings

The Permanent Deputy PM has admitted power supply failed to meet demand although the power industry grew between 13-15 percent yearly and promised investment in nuclear and wind power as a solution.

New directive aids media activities

Prime Minister Nguyen Tan Dung has issued a directive to raise the awareness and outline the responsibilities of State agencies regarding operations conducted by the Vietnam Journalists Association (VJA).

WEF talks agricultural visions in Southeast Asia

Officials to the World Economic Forum (WEF) on East Asia 2010 on June 6 discussed new visions for agriculture in Southeast Asia amidst a forecast of a 40 percent drop in the region’s rice and wheat output in 2050 due to climate change.

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.

Hydropower company announces public offer

The Da Nhim-Ham Thuan-Da Mi Hydropower Joint Stock Company will make an initial public offering of almost 106 million shares on June 30 through an auction to be held at the HCM City Stock Exchange.

Pilot electricity market to begin in 2011

The establishment of a competitive electricity market must guarantee cost savings, Deputy Prime Minister Hoang Trung Hai said while ordering the Ministry of Industry and Trade to issue necessary regulations for setting up such a market.

Labour shortages puzzle industrial parks

A dire shortage of workers is causing a major headache to executives in southern industrial parks and export-processing zones which are in need of an estimated 150,000 workers, but supply can meet only half the demand.

An executive from a garments company in Dong Nai province complained that at the moment it was extremely difficult to recruit staff. The company has received only a few hundred applications for 1,700 vacancies after several months of advertising despite the company’s commitment to cover training costs.

Rubber exports bounce in 2010

The value of rubber exports has risen sharply this year, earning the country 479 million USD in the first five months, up 85.5 percent over the same period in 2009, according to the General Statistics Office.

New water system boosts rice production

A nine-year pilot project deploying an integrated water management system has proved its efficacy and has the potential for much wider application, experts said at a workshop in the Mekong Delta province of An Giang Province last week.