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In less than two decades, the country’s power sector evolved from fragmented companies with high technical and financial losses to an integrated power system, and then to an unbundled group of stated-owned corporations with sizeable participation of domestic and international private sector actors in power generation. … [Read more...] about Vietnam to launch competitive retail electricity market in 2023

However, the industry expects to encounter greater difficulties in the coming months, exacerbated by the seventh lunar month, which began on August 19 and is traditionally considered taboo by most Vietnamese for spending large sums of money on purchasing real estate and cars. As demand shrinks, caused by both psychological fear and the difficult economic situation, automobile brands are left with little choice other than providing discounts to help push up sales and maintain market share. … [Read more...] about Vietnam auto market rolls out huge discounts

Addressing a press conference this morning, January 16, Bady Pham, managing director of Pulse Active, the event’s organizer, said with careful preparation and innovation, the Salonpas HCMC Marathon 2021 will help people who love running get over their limitations and have a memorable marathon experience. … [Read more...] about Eighth HCMC Marathon to attract thousands of runners

According to the outline, the Law will stipulate: Policy for poverty reduction, support for infrastructure development, production, commerce, application of science, technology; Policy to support conservation and development of culture, healthcare, population, gender equality, and reduction of child marriage and in-blood marriage; Policy to support development of education, training, vocational training, and job creation; Policy to support the development of human resources, to support officials of ethnic minorities at all levels; Policy to support information and communications, propaganda, law dissemination, education, legal aid... … [Read more...] about Law on Support for and Development of Ethnic Minorities and Mountainous Areas should be issued

This increase in consumption demand can largely be attributed to investment in infrastructure and FDI inflows into the country, in addition to the recovery of real estate construction through major infrastructure projects being implemented, including the North-South expressway project and the Long Thanh airport project. … [Read more...] about Cement exports unlikely to enjoy robust growth in 2021