Co2 capture technologies to reduce greenhouse gas emissions

The Ministry of Industry and Trade advised local businesses that export agro and seafood products to China to step up monitoring the quality of goods and compliance with China’s regulations on quality standards, quarantine and food safety aimed at facilitating customs clearance procedures. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 26

To encourage the development of specialised ships, he said the ministry had requested enterprises to build or buy ships to replace foreign-nationality vessels, because Viet Nam would only license foreign-nationality ships until the end of 2023 to operate on domestic routes. … [Read more...] about Shipping industry needs State support to develop: ministry

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry

Vinfast announces launch of two new electric motorcycle models and O2O shopping experienceAwakening the sleeping beauty on the banks of the Vam Co Dong RiverSun World: The perfect combination of top entertainment and world cultureC.T Land looks to VND22 trillion revenue in 2021Vsmart honoured as best Vietnamese phone brand at Tech Awards 2020 … [Read more...] about Taiwanese footwear producer ties up Vietnamese company for renewable energy solutions

We are not satisfied with our products’ outstanding quality that results from imported technologies and materials. Therefore, the group has gradually improved itself to produce many essential materials for its production, such as ink and pen tips, thus reducing reliance on international partners’ supplies of essential materials. Thien Long has also taken the initiative in the design and production of molds and automated assembly machines to serve its production and accelerate the automation process. The firm’s automation rate has reached over 74%. … [Read more...] about An ambition of huge revenue