Why methane is a greenhouse gas

This comes after representatives from both the Thai Nguyen People and Quang Binh People’s Committees held a meeting with experts from the British Royal Cave Association and Oxalis Adventure Company, the sole tour operator to Son Doong cave in Quang Binh province. … [Read more...] about British cave experts invited to design cave tours in Thai Nguyen

Due to the COVID-19 pandemic, the growth of volume in 2020 was 4 per cent, slower than the annual average. Of which, the volume of container cargo through the local seaports in 2020 was estimated at 22.1 million TEU, up 13 per cent compared to 2019. — VNS … [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

Foreign investors continued to be net sellers to the tune of VND150 billion on all three bourses, with selling pressure mostly on HPG of Hoa Phat Group, down 3.2 percent, VNM of dairy giant Vinamilk, down 1.4 percent, and GAS of energy giant PetroVietnam Gas, which lost 1.7 percent. … [Read more...] about VN-Index plummets back to January nadir

Hanoi (VNA) – Retail petrol prices rose by more than 300 VND per litre from 3 pm on January 26, the fifth increase in a row, following the latest review by the Ministry of Industry and Trade and the Ministry of Finance. Accordingly, the price of bio-fuel E5 RON92 increased by 361 VND to a maximum of 16,309 VND (0.71 USD) per litre, and RON95-III by 340 VND to no more than 17,270 VND per litre. The prices of diesel 0.05S and kerosene were pushed up by 395 VND and 350 VND to cap at 13,042 VND and 11,908 VND per litre, respectively. Meanwhile, the price of Mazut 180CST 3.5S inched up 350 VND to 12,622 VND per kilogramme. The two ministries said that the prices of petrol and oil on the global market increased from 5.34 to 6.45 percent in the past 15 days. They review fuel prices every 15 days to keep the domestic prices up to date with the global market. With a view to supporting economic recovery in the nation, the ministries decided to increase expenditure for the petrol price … [Read more...] about Vietnam raises petrol prices by over 300 VND per litre