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BUSINESS IN
BRIEF 8/3
Environmental tax on petroleum products may rise
Explaining
the hike, which if approved would be applied from July 1, the ministry said
it will add VND15.7 trillion ($690 million) to the State budget, offsetting a
shortfall caused by a fuel import tax cut.
The
hike is necessary because import taxes on oil and petroleum products are
declining sharply, the ministry said, noting that the current import tax on
petroleum products is 20 per cent and on oil products 7 per cent, and the
rates will be slashed to 10 per cent and zero per cent in line with Vietnam’s
tariff commitments.
According
to the ministry, retail prices of oil and petroleum products are now lower in
Under
a free trade agreement between ASEAN and
As
a result, most Vietnamese traders who had imported gasoline from ASEAN
countries switched to South Korean imports, because the import tariff on
gasoline from the former remains at 20 per cent.
The
MoF has also proposed an increase to the environmental protection duty
imposed on oil products, by VND500-VND1,000 ($0.02-$0.04) per liter.
Fuel
is a major source of revenue for
With
import tariffs set to be abolished as part of free trade deals, a higher tax
would help sustain that income, experts said. But some industry insiders are
concerned that the hike will not be welcomed. Mr. Nguyen Tien Thoa, former
director of the MoF’s Price Management Department, said the hikes will draw a
“reaction” from consumers and may affect consumption.
It
took in VND42.4 trillion ($1.86 billion) in revenue from environmental
protection taxes in 2016, up nearly 57 per cent against 2015. Spending on
environmental protection was just VND12.3 trillion ($534 million) in 2016,
accounting for 29 per cent of tax revenue.
2M car imports down sharply
According
to estimates from the General Statistics Office (GSO, the number of imported
motor cars in February was just 200, worth nearly $14 million, against 340
and $22 million, respectively, in January.
The
two-month figure is down substantially compared to December, when 14,000
vehicles were imported worth $360 million.
The
main factor in the decline was Decree No. 116, under which car imports face a
range of difficulties.
Along
with problems in import conditions, regulations on the registration of each
type of car is also an issue.
The
Tet holiday in February also disrupted import activities and customs
clearance for vehicles arriving on
The
Office of the Government held a dialogue recently with enterprises to
identify ways to cope with difficulties facing importers from Decree No. 116.
Many at the meeting believe imports will continue to remain low, at least in
the first half of the year.
68% of Vietnamese freelancers not paid at times
Digital
platforms are having a positive impact on the freelancer community in four
Southeast Asian markets:
The
survey also found that at more than half (58 per cent) of the freelancers
surveyed in the four Southeast Asian markets have had experiences of not
being paid for their work and services.
The
number in
“
“We
are seeing more young people choosing to freelance, as being your own boss
offers more autonomy and flexibility than a 9-to-5 job. As they become
integral to the global economy, it is critical for them to be accorded the
same respect that other professionals receive. We should do more to elevate
the standing of freelancers as a community and empower them in their
autonomy.”
Following
an online survey of 11,324 freelancers and freelance considerers across 22
markets worldwide in October 2017, of which 1,602 freelancers or freelance
considerers were from Singapore, Indonesia, Vietnam and the Philippines,
PayPal’s “Global Freelancer Survey” revealed the extent to which digital
platforms provide ease and convenience for freelancers to receive payments as
well as to access new assignments and work opportunities.
PayPal
and bank transfers were found to be popular payment methods for freelancers
in these markets, with 85 per cent accepting PayPal payments and 79 per cent
accepting bank transfers. PayPal was cited as the most widely accepted
payment method in
More
significantly, digital payment platforms are also enabling a more seamless
payment process, transcending fragmentations of the Southeast Asian market
due to divisions in geography as well as within the financial services
landscape of the region.
The
study revealed a disparity in preferred payment methods among freelancers’
client base, as international clients opt for PayPal as the preferred payment
method, with an average of 76 per cent of payments from international clients
being made via PayPal. This compares to an average of 30 per cent of payments
from international clients made via bank transfer, which are found to be the
preferred payment method among domestic clients.
“At
PayPal, we are committed to empowering communities and businesses to
participate in the global economy through innovative financial payments
solutions,” said Mr. Shinghal. “We recognize the importance of equipping
freelancers with confidence and the right tools to help sustain their
business across
Food association drafts action plans
Enhancing
trade promotion and market research and providing information to businesses
are among the tasks the Viet Nam Food Association will focus on in the next
five years.
Speaking
at the association’s eighth congress in
“The
global rice market has witnessed a great change in the last seven years, with
production surpassing demand, leading to high inventories,” she said.
The
rice export structure has changed significantly, with shipments of low-value
white rice going down from 83.72 per cent in 2011 to 40.74 per cent last
year.
Exports
of fragrant rice increased from 6.63 per cent to 29.2 per cent while sticky
and Japonica rice shipments also increased strongly in the period, she said.
Deputy
Minister of Agriculture and Rural Development Tran Thanh
Last
year exports jumped by 23.2 per cent to $2.66 billion, he said.
Besides
producers and exporters, the association has also made great contributions to
the sector’s achievements by providing information and co-operating with
authorities and businesses in building the Vietnamese rice brand, he said.
The
food sector, including rice, is expected to face challenges in the coming
years, including climate change, importing countries becoming
self-sufficient, changes in rice import policies in
“To
sustain growth, the rice sector needs to restructure.”
He
said the association should co-operate with his ministry and localities to
review zoning plans and match areas and popular rice varieties, create
linkages in rice production, and persuade members to ensure quality and food
safety.
The
association should work with localities and members to continue the shift
towards high-quality rice and ensure the use of advanced production and
processing technologies to maximise value, he said.
It
should continue to provide up-to-date production and trading information,
strengthen market research and forecast to make timely recommendations to
farmers and businesses, help enhance trade promotion, develop Vietnamese rice
brands and organise trade fairs in the domestic and overseas markets, he
said.
Quality,
competitive prices and good brands are the key factors that would enable
Vietnamese rice to penetrate more markets, he added.
The
congress voted for 27 executive board members, with Nguyen Ngoc
VN important part of Japanese bank’s ‘Asia-centric’ strategy
As
the Government of Viet Nam has been restructuring the local banking system,
SMBC wants to contribute to the process by sustainably developing Eximbank
and supporting other local banks’ reforms in the coming time, Mori said.
SMBC,
one of the largest and oldest banks in
Receiving
Mori in Ha Noi on Monday, Deputy Prime Minister Vuong Dinh Hue described the
bank as an effective credit channel and gateway for foreign investors,
including those from
He
said a new scheme for restructuring credit institutions was adopted to
improve the capacity of commercial banks and accelerate the resolution of
non-performing loans (NLPs).
He,
however, noted that even though the restructuring process had harvested some
positive outcomes, many challenges remained. The Government was committed to
continue improving the local business climate and providing favourable
conditions for both domestic and foreign investors, adding it would do its
best to support SMBC in
SMBC
has been present in the country since 1994 with a branch each in Ha Noi and
HCM City leader receives Singaporean, Australian investors
They
include six resettlement projects, upgrades to 50 old apartment buildings and
construction in Thu Thiem urban area.
The
city plans to build an innovative urban area covering Districts 2, 9 and Thu
Duc, including Thu Thiem urban area.
Nhan
urged sectors and localities to continue creating favourable condition for
investors to explore cooperation.
On
behalf of the delegation, Neil Wilson, Chairman of the Australian Sakkara
Group, said they have invested in numerous projects in the city.
They
are interested in the city’s infrastructure projects, such as upgrades to
canals, old buildings, Thu Thiem urban area and the equitisation of
State-owed enterprises, with a total investment likely to reach 1.5 billion
USD.
The
southern economic hub witnessed significant socio-economic-cultural
accomplishments in 2017. The city recorded an 8.25 percent increase in gross
regional domestic product, higher than the 8.05 percent growth the previous
year.
Domestic
investment exceeded 899 trillion VND (39.5 billion USD), three fold higher
than 2017, while foreign investment hit 6.38 billion USD, double the figure
of the previous year.
The
city provide more than 347.9 trillion VND (15.3 billion USD) for the State
budget, representing a year-on-year rise of 12.94 percent.
Vietnam joins Foodex 2018 in Japan
Foodex
is Asia’s the largest exhibition dedicated to food and drinks across
As
part of the national trade promotion programme 2018 launched by the Ministry
of Industry and Trade, the Vietnam Trade Promotion Centre for Agriculture
sent a delegation of businesses to the event to maintain ties with Japanese
and Asian importers, sign valuable export deals, popularise Vietnamese
cuisine and farm produce.
Up
to 20 participating businesses come from cities and provinces with strength
in agro-fisheries such as Ho Chi Minh City, Hanoi, Nghe An, Bac Giang, Ninh
Binh, Dong Thap, Ben Tre, Can Tho, Kien Giang, Lam Dong and Ca Mau.
On
display are Vietnamese specialty fruits, vegetables, processed aquatic
products and fish oil, organic pepper, seedless lemon, rice-derived food,
cakes and fruit drinks.
Ta
Duc Minh, Commercial Counsellor of the Vietnamese Embassy in
The
four-day exhibition attracts 3,350 firms from 80 countries and territories
worldwide, and 85,000 visitors.
Vietjet announces to operate Vietnam-India direct route
Vietjet
has announced its plan to operate a direct route connecting
The
announcement, made at the
The
first route is planned to connect
Also,
the country is well-known for its marvelous nature and grand architectures
that are certified as the world heritages. Among them are Valley of Flowers
National Park (Uttarakhand),
Aiming
to “Consumer Airline”, Vietjet is continually opening new routes, adding more
aircraft, investing in modern technology and offering more added-on products
and services to serve all demands of customers.
Vietjet
is a pioneering airline that is loved by many for its exciting promotional
and entertainment programs, especially during the festive season.
With
high-quality services, diverse ticket classes and special low-fare tickets,
Vietjet offers its passengers flying experiences on new aircraft with comfy
seats, delicious hot meals, beautiful and friendly cabin crews, and other
interesting added-on services.
Skechers
Skechers,
a heavyweight rival to two global footwear brands – Nike and Adidas, sold
more than 200 million products last year and now seeks to shift investment
from
The
firm was advised by the Vietnam Leather, Footwear and Handbag Association
(LEFASO) to set up the first facility in northern Hai Duong province with an
investment slated for between 700 million and 1 billion USD.
The
project offers hope to
Benefits
of free trade agreements between
However,
after the
Imports
of footwear machinery and equipment in 2017 decreased to 146 million USD,
compared to 170 million USD a year during the 2015 – 2016 period. Leather
imports also fell to 1.5 billion USD last year from 1.6 billion USD in 2016,
she added.
Xuan
noted that the EU-Vietnam Free Trade Agreement is expected to be signed this
year, adding that once the trade deal enters into force, it will eliminate
import duties on
The
tariff elimination will not only direct more flows of foreign orders to
Binh Dinh works on hi-tech shrimp farming to raise export
value
The
central
Accordingly,
the provincial People’s Committee has zoned off two areas for shrimp farming
in brackish water covering 612ha, including one stretching 206ha in Cat Hai
and Cat Thanh communes, Phu Cat district and the other in My Thanh commune,
Phu My district.
Besides,
a project on hi-tech shrimp farming in glasshouse is being implemented by the
Viet Uc – Phu My Ltd company on a total area of more than 116ha in My Thanh
high-tech agricultural zone. The company plans to start raising shrimp in
March with a total output of 8,400 tonnes per year.
Meanwhile,
five businesses applied for shrimp farming in Phu Cat district.
Director
of the provincial Department of Agriculture and Rural Development Phan Trong
Ho said hi-tech shrimp farming areas are zoned off in coastal and eco-friendly
venues.
Vice
Chairman of the provincial People’s Committee Tran Chau said the provincial
authorities pledge to provide all possible support for investors to do
business, especially land rental; after granting them with investment
certificates.
Binh
Dinh is one of the top localities nationwide in terms of shrimp quality. The
annual output of shrimp breeding in brackish water nears 7,100 tonnes, 94
percent of which is white-legged shrimp and the remaining is tiger
prawn.
The
province has 1,833ha of shrimp farming which is planned to reach 1,923ha by
2020.
MARD speeds up Vinacafe's equitisation
After
a long period of hesitation, the Vietnam National Coffee Corporation
(Vinacafe) is being pushed towards equitisation once more by the Ministry of
Agricultural and Rural Development (MARD).
During
a March 5 meeting at Vinacafe’s headquarter, Deputy Minister Ha Cong Tuan
said he was not completely confident about the company’s latest restructuring
plan.
According
to Vinacafe, the company has formulated and submitted to the MARD a
reorganisation and modernisation scheme for the period 2017-2020, while
waiting for the Prime Minister’s consideration and approval.
It
proposes equitisation at the parent company (Vinacafe), including seven
agricultural companies and three other auxiliary units, plus the equitisation
of 18 other subsidiaries, dissolution of four and the possible splitting-up
of one.
The
said plan will be Vinacafe’s third approved scheme since 2012. But Tu?n was
doubtful it would sit well with the Government this time.
He
also expressed the Government’s firm decision on getting Vinacafe listed on
the stock exchange, regardless of any difficulties that may arise.
In
2017, the corporation managed to equitise five subsidiaries. Nonetheless,
there remain unresolved issues for each one, ranging from unapproved land
usage to financial troubles, significantly prolonging the evaluation period
and delaying the ultimate listing deadline.
Deputy
Minister Tuan said Vinacafe has made very slow progress in implementing the
plan’s content, compared to other State-owned enterprises.
He
questioned the reason why two previous installments of Vinacafe’s
restructuring plan failed, whether for reasons of feasibility or capability,
while asking the company to better define its production and business
orientation.
The
MARD has requested Vinacafe lessen their dependence on the existing 16,500
hectares of coffee plantation, and develop a vertically integrated chain of
purchasing, processing, and export. But it seems like they have failed to
grasp a larger market share.
Vinacafe
set a 2018 revenue target of over 3.8 trillion VND (169 million USD), with a
revenue goal of 96 billion VND (4.27 million USD).
At
the end of 2017, the corporation reported revenue of 3.7 trillion VND (164.8
million USD). However, net profit came to just over 77 billion VND (3.4
million USD), just 73 percent of the yearly goal.
The
reason for the decrease in profit is a significant drop in coffee prices
during the first quarter of 2017, coupled with reduction in farming area,
leading to decreased productivity and general profit.
Vinacafe
has made promises to focus on intensive investment, increasing productivity,
lowering prices while stabilising output, in the hope of increasing quantity,
export turnover and achieving a better growth and efficiency targets than
2017’s.
According
to figures released by the General Statistics Office, coffee exports in the
first two months of 2018 are estimated at 336,000 tonnes, up by 17.6 percent
year-on-year.
The
export value of coffee reached 652 million USD in the first two months of
2018, a slight increase of 0.8 percent over the same period in 2017.-
Mechanisms needed for stable property market
A
line-up of tools and solutions to promote stable and sustainable development
of the real estate market are being studied by the Ministry of Construction
as part of efforts to ensure the market’s transparency.
The
ministry said that it will closely work with the Ministry of Finance to
complete tax and finance mechanisms while joining hands with the State Bank
of
Removing
bottlenecks on capital to carry out key housing projects will be given due
attention.
The
ministry will work to chalk out measures to develop social housing projects
in urban areas and for workers in industrial zones as well as supervise the
planning and use of land allotted for social housing in ?the areas.
Regular
update on the building material market will help the ministry to carry out
timely measures stabilising prices of major building materials. Effective
implementing the building material planning and development schemes is
crucial to ensure a balance of supply and demand.
The
ministry will support the production of materials that help cut construction
costs.
The
construction sector target a growth of up to 9.21 percent in 2018.
VFA urged to increase high-quality rice production
The
Vietnam Food Association (VFA) was urged to work with other units to continue
shifting rice production towards higher output of high-quality rice and
applying technological advances in production and processing to maximize the
value of rice.
The
call was made at the association’s eighth congress in
In
the new tenure, the association has set to increase its membership in order
to coordinate actions to counter price squeeze and dumping and unhealthy
competition.
VFA
will work closely with other State agencies and authorities of localities to
accelerate productive production and business.
Tran
Thanh
The
association should boost production connectivity and develop cooperatives so
as to proactively prepare supplies of quality rice for export to specific
markets, he said.
Duong
Phuong Thao, deputy head of the Import-Export Department of the Ministry of
Industry and Trade reminded VFA members to take into account changes in
import-export policies being implemented by major markets.
The
country sold 861,000 tonnes of rice abroad in the first two months of this
year, earning 419 million USD, up 17 percent in volume and 34 percent in
value compared with the same period last year.
The
In
2017,
Fair showcases high-quality Vietnamese products in An Giang
A
trade fair displaying high-quality Vietnamese products opened in the Mekong
Delta
The
six-day event has attracted the participation of 150 businesses, which are
showcasing household appliances, food, medicine, apparel, and handicrafts,
among others at 350 booths.
Visitors
to the fair will have a chance to enjoy discounts, gifts, game shows, and
musical performances.
The
fair also features a seminar and training course on technological application
for startups, as well as exchanges between producers and consumers.
The
event is the first of a series of similar fairs to be held nationwide in the
coming time.
The
fair is co-organised by the High Quality Vietnamese Product Business
Association and the Centre for Trade and Investment Promotion of An Giang
province.
Ba Ria-Vung Tau seeks to tackle investment hindrances
Officials
from the Department of Planning and Investment and other relevant agencies
and sectors in the southern
Nguyen
Hong Linh, Secretary of the provincial Party Committee, who chaired the
meeting, said the province boasts a lot of untapped potential but has yet to
do enough to reel in big investors.
He
suggested departments and other sectors to join hands in making existing
investors satisfy and treating businesses, old and new, local and foreign
alike, on an equal footing.
He
pointed to the need to shorten the licence-granting duration while speeding
up a support programme for businesses.
The
Industrial Park Management Board should pay heed to the quality of infrastructure
at industrial parks in an effort to raise their competitiveness, he
noted.
According
to Le Hoang Hai, Director of the Department of Planning and Investment, in
2017, the province licensed 86 locally-invested and foreign-invested projects
with a total investment of 1.5 billion USD and 41.9 trillion VND.
Newly-licensed
projects are engaging mainly in warehouses, logistics, ports, industry,
tourism, housing, environment, healthcare, mining, trade and agriculture.
Also
in 2017, local and foreign businesses disbursed over 36.1 trillion VND of
their investment capital, accounting for around 80 percent of the total
investment poured into the locality.
On
February 23, the province presented investment licenses to eight projects
worth over 8.3 trillion VND (366 million USD) at a meeting with businesses.
The
projects comprise two solar power factories, two housing projects, one
hospital project, one ceramic factory, one tourism project, and one steel
project.
The
locality is focusing its investment attraction efforts on the five sectors
that it has potential, namely industry, sea ports, port logistics services,
tourism, and hi-tech agriculture.-
Can Tho kicks off Women Startup Day
The
Women’s Union of the Mekong Delta city of
The
Women Startup Day will have a series of programs to support the women’s
startups between 2018 and 2025 as they are facing a number of barriers in
skills, resources and ability to use advanced technology.
The
support will be provided for all women living in the city with a business
idea, those wanting to start a business, new cooperatives and startups owned
by women, and female entrepreneurs clubs. Priority will be given to women
living in difficult circumstances, or from ethnic minority groups, or with
disabilities.
From
March 2018, the city will select innovative and feasible startup ideas to
provide support in branding, funding and training.
The
city’s Women Union will introduce women with startup ideas to participate in
vocational training courses that offer knowledge in startups. It will also
give them legal assistance in registering trademarks to original inventions,
patents or local specialties.
It
will work with banks and credit institutions to give women entrepreneurs
better access to funding and organize regional and international trade
promotion events to help them improve their businesses’ competitiveness.
Can
Tho sets to raise awareness of career and startup issues among 70 percent of
its women, support the establishment of at least 20 cooperatives managed by
women, and advise and aid the development of 1,500 newly-found enterprises
owned by women.
Expert:
Businesses need better awareness of sustainable development
It
is necessary to raise enterprises’ awareness of the importance of as well as
advantages and benefits from sustainable development, an expert has
said.
Nguyen
Quang Vinh, Secretary General of the Vietnam Chamber of Commerce and Industry
and Vice Chairman of the Vietnam Business Council for Sustainable
Development, said Vietnam’s business community have had clearer awareness of
cooperation opportunities and risks that they may encounter.
However,
contributions made by enterprises, especially those operating in the
financial sector, to the nation’s sustainable development progress remain
limited, he noted.
Vietnamese
businesses are still meeting difficulties in integrating sustainable
development goals (SDGs) into their sustainable development reports, he
added.
Vinh
stressed the need to outline policies to encourage businesses to make
sustainable development reports, especially loosing legal procedures to
facilitate the process.
Responding
to the UN Agenda 2030 for Sustainable Development, 193 member nations
approved 17 SDGs of enterprises regarding poverty reduction; education
quality; gender equality; clean water and sanitation; clean and sustainable
energy; job and economic growth; innovation industry and infrastructure;
inequality reduction; urbanization and sustainable community; responsible
consumption and production; climate change adaption; water and land
resources.
Vinh
said 1,500 CEOs worldwide joined the dialogue in
Thousands
of innovation business ideas have been introduced and applied, towards
expanding enterprises’ business activities through establishing partnership
and business, Vinh noted.
Statistics
show the number of enterprises that built sustainable development reports
have doubled in the past five years.
However,
almost small and medium-sized enterprises (SMEs) – the dominant force in the
Vietnamese business community, have not yet known well about sustainable
development reports.
Dong Nai works to sharpen competitive edge for businesses
The
authorities of southern Dong Nai province said they will continue assisting
local businesses to research export markets and promote trade for achieving
an export turnover of 18.3-18.5 billion USD in 2018.
They
said they will help with connecting local producers and FDI enterprises
located in the province in a bid to reduce the import of products that local
businesses can produce and sharpen the competitive edge of domestic
enterprises.
Dialogues
and meetings with businesses will be held regularly to promptly tackle
difficulties and hindrances so businesses could have smooth production and
export activities.
In
the first two months of this year, the province posted a 25 percent surge in
export and ran a trade surplus of nearly 610 million USD, of which 267
million USD was made in January and 340 million USD was recorded in February.
The
locality’s major export items included apparels, footwear, wooden products,
machinery and spare parts, and electronic products and components.
It
main markets are
As
one of southern localities having huge investment attraction, Dong Nai is
currently home to 35 industrial parks with more than 1,510 investment
projects, including some 1,100 foreign-invested ones, with about 900,000
workers.
About
70 percent of workers in Dong Nai come from other provinces, mostly in the
central and northern regions.
SAP to instal customer relationship software for Sacombank
Saigon
Thuong Tin Commercial Bank (Sacombank) has hired SAP, a global leader in
enterprise application software, for its customer relationship management
(CRM) project, which consists of functions like sales, service, marketing,
and integrated database analysis.
BJ
Burlingame, head of digital business services for SAP
SAP’s
CRM application would enable organisations to “uncover insights that can
simplify their sales processes with better customer engagement, accurate
forecasting, and real-time pipeline management,” she said, adding that “This
will allow them to deliver contextual and personalized experience for their
customers.”
With
an increase in internet use in
Nguyen
Minh Tam, deputy CEO of Sacombank, said: “The specific goal we have from this
project is to take advantage of 360-degree customer views from CRM analytics
to have better understanding of the needs and behaviours of existing and
potential customers.
“We
consider the completion of CRM an essential factor in making Sacombank stand
out from its competitors in the market.”
The
bank, without divulging the cost of the project, said merely it cost a “large
amount of money.”
It
is expected to be ready in March next year.
Japanese Group launches five-star resort
Route
Inn Group from Japan has launched its first five-star beach resort project –
the Grandvrio Ocean Resort Da Nang – in Dien Ban Town of central Quang Nam
Province, adding 96 hotel rooms and 54 villas to the provincial hospitality
industry.
The
group said it’s the second project in
Grandvrio
Ocean Resort Da Nang, located on the coast between Da Nang and Hoi An, offers
private pool villas and rooms with ocean views and contemporary interior
design, luxurious fittings and high-end amenities, creating more options for
tourists visiting Da Nang and Hoi An.
It
also offers the biggest Japanese style restaurant, Bikura, an Onsen (a
Japanese hot spring and bathing facilities), Zen Spa and Kids’ zone.
The
Japanese Group also began an enrollment programme for students from Da
Nang-based Dong A College to serve a chain of 320 hotels in
Route
Inn was considered the first Japanese company to invest in the hospitality
sector in central
TTC Energy signs up Japanese contractor for solar plant
Gia
Lai Electricity Joint Stock Company has hired Japanese-owned JGC Vietnam Co.,
Ltd as the contractor for the construction of a solar power plant in the
Central Highland
The
lump sum turnkey contract covers engineering, procurement, construction and
commissioning (EPCC) for the 49MW plant.
When
it starts generating power next autumn it would be among the largest such
facilities in the country.
TTC
Energy, whose biggest subsidiary is Gia Lai Electricity JSC, has invested
heavily in clean energy and trialled wind and solar power models besides
investing in hydropower projects.
It
plans to achieve a solar capacity of 1,000MW and wind capacity of 40MW so
that they account for 73 per cent of its total capacity by 2020.
JGC
Vietnam is an engineering company specialising in EPC (Engineering –
Procurement – Construction) services and technical solutions for various
industries.
It
is a 100 per cent affiliate of JGC Group of
Vietnam Airlines to increase flights from HCMC to Singapore,
Taiwan
National
flag carrier Vietnam Airlines will add four more flights a week on its routes
from
The
additional flights to
With
the advantage of arriving early in the morning, the new flights to
Vietnam
Airlines now conducts eleven flights a week between
From
now until June 30, Vietnam Airlines is offering special prices for tickets on
these flights. A return ticket from
Golden
Lotus members flying from
The
number of Vietnamese visiting Taiwan has increased sharply after Taiwan
relaxed its visa policy towards Vietnamese citizens, in September 2016, which
allows those who hold permanent residence certificates issued by Australia,
Canada, Japan, South Korea, New Zealand, Schengen signatories, the UK, and
the US, or hold a visa or a residence card from one of these countries either
valid or expired within ten years from the date of their expected arrival in
Taiwan to use an online application to obtain an online visa. In 2017, around
400,000 Vietnamese visited
Meanwhile,
VNN
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Thứ Năm, 8 tháng 3, 2018
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