The Hanoitimes - The Vietnamese automaker aims to become a global smart electric car company. Vietnamese automaker VinFast, a subsidiary of conglomerate Vingroup, plans to build an automobile factory in the US with the aim of selling electric cars in California in 2022. Car showrooms in Vietnam. Photo: VinFast The Vietnamese automaker declined to provide details about investment, timing and location. However, the company will develop high-end models for the market in the immediate term and open 35 showrooms and service centers this year. California authorities have granted the Vietnamese company a license to test autonomous vehicles on public streets. Last September, the US state’s Governor Gavin Newson set a roadmap to stop selling gasoline cars by 2035 in order to make it a "zero-emissions" state. This policy is considered the driving force for VinFast to strongly invest in electric car fabrication and distribution in the US market, according to … [Read more...] about VinFast plans to build automobile factory in US
Chapter 13 payment plan
Small stocks attract cash flow due to HoSE’s plan linked to trading lot
Small stocks attract cash flow due to HoSE’s plan linked to trading lot The Saigon Times A woman walks past a stock quotation board at a securities company in HCMC. Many investors rushed to pour money into small and medium stocks today, March 3 – PHOTO: THANH HOA HCMC – Many investors rushed to pour money into small and medium stocks, leaving many of them flying high today, March 3, as they seemed to worry about the Hochiminh Stock Exchange’s plan to raise the minimum volume of shares that can be traded in an order from 100 to 1,000 to deal with its system overload. Among speculative stocks, property group FLC stole the limelight of the market, as it soared to its upper limit and ranked second by liquidity on the southern bourse, with 21.6 million shares changing hands. Aside from FLC, many other small stocks hit their ceiling prices, such as TSC, SJF, IDI, MCG, HAP. Meanwhile, despite not reaching the upper limits, real estate firm HQC, construction company ROS, … [Read more...] about Small stocks attract cash flow due to HoSE’s plan linked to trading lot
Central Highlands takes measures to prevent forest fires in dry season
Forests in Gia Lai province’s Mang Yang district (Photo: VNA) Lam Dong (VNS/VNA) - Local authorities in the Central Highlands region have taken measures to prevent forest fires in the ongoing dry season. Forests in the region, which includes the provinces of Lam Dong, Dak Lak, Gia Lai, Kon Tum and Dak Nong, face a high fire risk because of hot weather. At the beginning of the dry season , the provinces instructed localities to establish fire-prevention plans and strictly implement them in the dry season. In Dak Nong province, the Forest Protection Sub-department in September last year instructed localities and forest owners to set up prevention plans. The sub-department has organised forest fire prevention drills and more inspections. Dak Nong has 125,000ha of forests, including 78,300ha of natural forest and 46,700ha of manmade forests in danger of high fire risk, according to the province’s Department of Agriculture and Rural Development. In the dry season, … [Read more...] about Central Highlands takes measures to prevent forest fires in dry season
Breakthroughs needed in 2019: minister
Minister of Planning and Investment Nguyen Chi Dung (Photo: VNA) Hanoi (VNA) – Vietnam should create breakthroughs in 2019 to complete the 2016-2020 socio-economic development plan and create a foundation for the next five years, Minister of Planning and Investment Nguyen Chi Dung has said. In an interview with the Vietnam News Agency , the official stressed greater efforts are needed to fulfill the GDP growth target of 6.8 percent set for 2019 by the National Assembly. To that end, he proposed improving the domestic business environment to facilitate the operation of businesses and reduce production and business costs. The private economic sector is expected to drive growth, he said, emphasising the need to remove difficulties and barriers and create an equal playing field for enterprises. The Government has taken actions to enable businesses to access new technologies as scientific-technological innovation is an urgent need of the national economy, the minister … [Read more...] about Breakthroughs needed in 2019: minister
A vaccine for COVID-19 and FDI gain
While global supply chains continue to adjust to current restrictions, what can be done to mobilise high-quality investment? Deputy Minister of Planning and Investment Tran Duy Dong Trade conflicts among major economies worldwide and the severe consequences of the pandemic since last year have been accelerating the relocation of big corporations to avoid high tariffs and reduce risks. Of these, numerous countries have also promulgated attractive policies for foreign direct investment (FDI), while Vietnam has got its own advantages to welcome investment, as well as carried out some outstanding solutions and innovative measures to meet the demand of potential investors. Vietnam has been ready to welcome new investors based on huge clean land areas, power sources for production, high-quality human resources, supporting industries, and simplified administrative procedures. For large-scale projects which apply high technologies, generate a lot of added value, and … [Read more...] about A vaccine for COVID-19 and FDI gain