As traditional power sources run out, the development of renewable energy infrastructure, including rooftop solar power, is crucial to providing enough power to Viet Nam's burgeoning needs. … [Read more...] about Authorities retain high prices to encourage rooftop solar
Investors of one power plant only show the impacts the plant may have on the area. Meanwhile, there are many power plants on the same river, and separate reports won’t show the accumulative impacts of all the plants to the environment. Similarly, ca ban (Pangasius mekongensis) also lives at the estuary of Mekong Delta and migrates back to southern Laos to reproduce. The fish is an important target for fishing industry in the deep-water areas on Tien and Hau Rivers, such as Tan Loc Isle, Vam Nao canal and coastal areas. … [Read more...] about Will the Mekong Delta have fewer coal-fired power plants?
Nguyen Huu Thien, an independent researcher, warned that if 11 hydropower dams are built on Mekong River upper course, sand will not be able to reach the Mekong Delta. If exploiting sand, the river bed will become lower. At present, Tien and Hau river beds are 1.3 meters deeper than 10 years ago. … [Read more...] about Experts worry about the fate of Mekong Delta
Hanoi (VNA) – Retail giant Masan Group posted an after-tax profit of more than 6.36 trillion VND (274.62 million USD) last year, a year-on-year rise of 13.2 percent. In Q4 2019, Masan Consumer Holdings, the group’s retail consumer business, recorded a revenue growth of 15 percent against the same period a year earlier and 20 percent quarter-on-quarter, respectively. Meanwhile, unaudited financial statement showed that the fresh meat platform “MeatDeli” of another Masan’s subsidiary Masan MeatLife (MML) raked in nearly 330 billion VND in revenue after only one year since its establishment. In December last year, conglomerate Vingroup entered into a share swap agreement to merge its retail and agriculture arms with Masan Consumer Holdings to create the country’s biggest retail company. Vingroup will swap all shares in its retail’s arm VinCommerce into shares of the post-merger company. Masan Group will operate the new company, while … [Read more...] about Retail giant Masan’s after-tax profit hits 274.62 million USD in 2019
The Party and State leader offered his New Year wishes to all veteran revolutionaries, incumbent and former leaders of the Party, State and the Vietnam Fatherland Front as well as the entire Vietnamese people in and outside the country on the occasion of the Lunar New Year festival (Tet). He highlighted the great achievements that the country has gained in almost all the fields in 2019, saying that with an economic growth of over 7 percent, Vietnam is among the countries with the highest growth in the region and the world. The GDP scale reached 266 billion USD and per capita income stood at 2,800 USD. Meanwhile, the macro-economy has been kept stable and inflation placed under control. 2019 is the second consecutive year that all the 12 targets set by the National Assembly have been completed, he said. The leader also acknowledged the obvious progress in social security, health care, science-technology, education – training, job … [Read more...] about Party, State leader holds Tet meeting with senior officials, veteran revolutionaries