Flexibility is required in handling raw material issues for power plants and easing coal supply pressures, Photo: Shutterstock Thai Binh Thermal Power Plant under Electricity of Vietnam (EVN) has been in a coal shortage since the beginning of 2022. Ta Trung Kien, director of the plant, said that the volume of coal delivered “has been reduced significantly” compared to the signed contract. Vinacomin Group and Dong Bac Corporation – two of the coal suppliers for the Thai Binh Thermal Power Plant – delivered only just over 74 per cent of the monthly plan. “The two units of our plant need about 6,400 tonnes of coal per day. Due to a lack of coal, the plant was forced to use backup coal to maintain the operation. By the end of the first quarter, these reserves were at just about 14,000 tonnes, much lower than the required norm of 80,000 tonnes,” Kien said. Many other plants are facing similar problems, including Nghi Son 1, Vung Ang 1, Vinh Tan 2, and Duyen Hai 1, which currently … [Read more...] about Nation lacking coal supply for sufficient power generation
January 24 sign
Prospects for green tourism real estate development
Do Chi Cong, member of EuroCham and general director of SB Invest According to the United Nations World Tourism Organisation (UNWTO), Southeast Asia will become the fourth largest tourist attraction in the world, with Vietnam also developing a green and sustainable pathway over the next ten years. In your opinion, what is the core element of green tourism? Green tourism advocates for minimal detrimental impacts on the local environment, biodiversity protection, renewable energy, the promotion of natural and cultural heritage, environmentally-friendly products, and the active participation of local communities. Green tourism is the key to responsible and sustainable development and respecting natural elements. Minimising negative environmental impacts and creating a healthy environment are all at its core. Thus, to be recognised as a green tourism product, all tourism services such as tours, hotels, restaurants, and golf courses must meet the above criteria. As an … [Read more...] about Prospects for green tourism real estate development
Will international stress disrupt Vietnam’s economic recovery?
Patrick Lenain-Former assistant director Organisation for Economic Co-operation and Development Pressures on global supply chains are also a key headwind in the recovery. Supply chain disruptions are not new: health precautions imposed over the last two years have already caused major bottlenecks. Major shipping hubs such as Los Angeles and Shanghai have operated with reduced capacity, with long waiting times to get shipments processed across the borders. With the pandemic fading away, congestion in international supply chains has eased a bit since December 2021. In the United States, government agencies have worked with shippers, retailers, and port authorities to speed up the movement of goods. For instance, ships waiting to unload containers in US ports have declined by 35 per cent, thanks to 24/7 operations and large recruitment of workers. However, the lack of US truck drivers has emerged as a new problem. Action was taken to hire 30,000 additional truck drivers, … [Read more...] about Will international stress disrupt Vietnam’s economic recovery?
NA Chairman Hue welcomes Greek President
The top Greek leader is on her first official visit to Vietnam. The legislator congratulated Sakellaropoulou as the first female President of Greece, a country with an important position in Europe. Chairman Hue said he believed that the president's visit to Vietnam is an important step, helping to further promote the traditional friendship and multifaceted cooperation between the two countries. He expressed delight that the friendship and multifaceted cooperation between the two countries has been continuously strengthened and developed, which is demonstrated by exchanges of delegations at all levels. National Assembly Chairman Vuong Đinh Hue meets Greek President Katerina Sakellaropoulou in Hà Nội on Wednesday (Photo: VNA/VNS) The cooperation in trade and economy has developed positively, particularly since the Europe-Vietnam Free Trade Agreement (EVFTA) was implemented. Chairman Hue proposed the two countries continue promoting cooperation in areas that are … [Read more...] about NA Chairman Hue welcomes Greek President
Technology applications in agricultural production introduced
Freeze-drying food preservation technology of Vietnam Green Industrial Joint Stock Company. (Photo: SGGP) The event aims to support putting products from research institutes, universities, technology enterprises, and start-up groups in HCMC to the market to serve the needs of technology applications in production and business activities. The exhibition attracted nearly 200 technology applications from 87 enterprises and institutions participating in advertising and promoting trade. The exhibition introduces new technology trends suitable to the production situation in Vietnam, especially in the field of preservation and processing of agricultural products and food, hybridization technologies of plants and livestock, including automation technology in the agricultural production process, food sterilization by high-pressure processing technology, controlled atmosphere technology, freeze-drying to prolong the preservation time of agricultural products or the reuse of wastewater from … [Read more...] about Technology applications in agricultural production introduced
Conference discusses Public-Private Partnerships in healthcare
A panel discussion at the conference on strengthening ‘Public-Private Partnership for sustainable healthcare transformation’ in Hanoi on May 18. (Photo: VNA) Opening the event, the newspaper's editor-in-chief Le Trong Minh said that Vietnam's health sector faced many challenges, such as increasing infectious and non-communicable diseases, hospital overcrowding, shortage of supplies and equipment, the ageing population as well as the disparity between regions and healthcare levels in terms of quality of medical services and standardisation of modern equipment. “For the health system to be capable and always ready to respond to future situations, towards a comprehensive and sustainable health care system, it is necessary to have new investment orientations in social resources for the health system, as well as stronger cooperation from the parties involved, including the Public-Private Partnership (PPP) method,” said Minh. At the event, MPI deputy minister Tran Duy Dong said it … [Read more...] about Conference discusses Public-Private Partnerships in healthcare
Vietnam affirms consistent stance of settling disputes by peaceful means at ADSOM+
Vietnamese Deputy Defense Minister Senior Lieutenant General Hoang Xuan Chien affirmed that while delivering a speech at the ASEAN Defense Senior Officials’ Meeting Plus (ADSOM+) in Phnom Penh on May 18. The Vietnamese deputy defense minister also emphasized that the security and safety of navigation and aviation in the East Sea (or South China Sea) is extremely important for countries in the region and the Association of Southeast Asian Nations (ASEAN). Therefore, it is essential to observe the Declaration of the Conduct of Parties in the East Sea (DOC) and accelerate the early signing of a practical and effective Code of Conduct in the East Sea (COC). The head of the Vietnamese delegation expressed his wish that all countries would settle conflicts and disagreements by peaceful means, on the basis of respecting international law and the United Nations Charter as well as ASEAN's basic principles. He added that besides emerging non-traditional security challenges, there have been … [Read more...] about Vietnam affirms consistent stance of settling disputes by peaceful means at ADSOM+
Greek President wraps up official visit to Vietnam
Greek President Katerina Sakellaropoulou (Photo: VNA) Hanoi (VNA) – Greek President Katerina Sakellaropoulou left Ho Chi Minh City on May 19, concluding her five-day official visit to Vietnam . During her stay in Vietnam, President Sakellaropoulou paid tribute to late President Ho Chi Minh at his Mausoleum, laid a wreath at the Heroic Martyrs’ Monument, held talks with President Nguyen Xuan Phuc, paid a courtesy visit to Party General Secretary Nguyen Phu Trong, met with National Assembly Chairman Vuong Dinh Hue, witnessed the signing of important documents, and joined a tea party chaired by Vice President Vo Thi Anh Xuan. Welcoming the Greek President, Party General Secretary Trong affirmed that Vietnam attaches much importance to its traditional friendship with Greece and is delighted at the important progress in their bilateral ties. He gave a number of proposals to promote the partnership in all fields, and suggested Greece continue to support the Vietnam ese … [Read more...] about Greek President wraps up official visit to Vietnam
HCMC revives polluted canal with $86.2-million project
In 2000, the canal that flows two kilometers through Districts 5 and 6 was filled up following heavy pollution and serious encroachment. By then, the canal spread only two kilometers wide with blackish and stinky water. To continue its drainage function, a concrete box culvert was installed. Fifteen years later, the city decided to recover the canal with a three-phase project that cost VND2 trillion ($86.2 million) to build a drainage system and relocate affected households. The project was to complete in 2020 but got delayed. In 2020, a section 200 meters long and 14-16 meters wide in District 6 was revived, with the two banks turned into a park. At a section meeting Lo Gom Canal in District 6, work has been deployed to establish a water pumping station. To revive the canal, more than 24,000 cubic meters of soil and rock has been dug up. Around one kilometer away, a section 100 meters long between Chu … [Read more...] about HCMC revives polluted canal with $86.2-million project
Vietnamese consumers’ growing interest in Australian F&B products
Shannon Leahy, trade commissioner for Austrade, and general director of BRG Retail Nguyen Thi Thanh Thuy. Photo: Austrade Australia is one of Vietnam’s major suppliers of beef ad lamb products. Local consumers can enjoy a growing range of Australian products from fresh fruits, dairy, seafood, and beverages including a diverse range of sparkling, red, and white wines. Cherries, citrus, table grapes, milk, yoghurt, cheese, cereals, juices, rock lobsters, and abalone are just some of the beloved Australian products that have made it into Vietnamese stores, restaurants, and homes. General director of BRG Retail Nguyen Thi Thanh Thuy said, “Vietnamese consumers increasingly demand clean, fresh, and delicious products with premium quality and transparent origins regardless of if they are eating out or at home. Australian suppliers can offer exactly what they want, including high-quality sustainable meat, delicious fruits, the finest dairy and cereals, and premium seafood … [Read more...] about Vietnamese consumers’ growing interest in Australian F&B products