Infrastructure development

A section of an expressway linking the northern province of Bac Giang with the neighboring province of Lang Son – PHOTO: VNA HCMC – Given the slow progress of the North-South expressway project, Prime Minister Nguyen Xuan Phuc has asked the Ministry of Transport to file a report on the cause of the delays. … [Read more...] about Transport Ministry asked to keep PM updated on N-S expressway

The Electricity Regulatory Authority of Vietnam (ERAV) under the  Ministry of Industry and Trade (MoIT), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in Vietnam are hosting the week. This is part of the Smart Grids for Renewable Energy and Energy Efficiency project which is being jointly implemented by the two authorities.modern technologies, the scheme has contributed to improving the quality and reliability of the country’s power supply. smart grid technology is one of the effective solutions to integrate and operate stably new energy sources, as well as promote the development and increase the proportion and efficient use of renewable energies, thus contributing to environmental protection, national energy security, and sustainable development, he said. , the electricity demand in Vietnam averagely increases about 11 percent per year, and after every six to seven years, the demand will double. … [Read more...] about Vietnam looks to expand smart grid

Geneva (VNA) – Vietnam vows to continue active and close coordination with the World Trade Organisation (WTO) in all of its activities, said Vietnamese Ambassador Le Thi Tuyet Mai during her meeting with WTO Director-General Roberto Azevedo in Geneva, Switzerland on February 17. The meeting took place right after Mai, new Permanent Representative of Vietnam to the UN, the WTO and other international organisations, presented President Nguyen Phu Trong’s credentials to the WTO leader. Mai affirmed that Vietnam consistently pursues an open foreign policy and acts an active and responsible WTO member who fully supports a multilateral trading system, with the WTO as its core. She reiterated Vietnam’s commitment to work in close coordination with the WTO Secretariat and member states to achieve meaningful outcomes in the fisheries subsidies negotiations and WTO reforms at the 12th Ministerial Conference, to be held in June. Vietnam will complete its second trade … [Read more...] about Vietnam pledges continued close coordination with WTO

Hanoi (VNA) – The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has announced a credit package worth 5 trillion VND (215 million USD) for its individual customers hurt by the acute respiratory disease caused by a novel coronavirus (COVID-19). The capital is prioritised for customers operating in the fields of agriculture, export and tourism. Customers are able to take BIDV loans for production and trading of agricultural products such as dragon fruit, watermelon, jack fruit and banana as well as several aquatic products like tra, basa and cat fish. The package also includes support for operators of restaurants and hotels, while aiding those with trade activities with China. Under the package, customers will enjoy a stable annual interest rate of 5.5 percent in a maximum four months since the first disbursement. The epidemic could cause losses of 5.9-7.7 billion USD for the domestic tourism sector in the next three months, according to the … [Read more...] about BIDV offers assistance to individual customers amidst coronavirus outbreak

The Innovative Technology Development Corporation (iTD) has submitted a project to the municipal People’s Committee and the Department of Transport, suggesting that each car entering the city center pay a fee for the ultimate goal of alleviating traffic jams. … [Read more...] about ​​Company suggests charging cars entering downtown Ho Chi Minh City