In Document No. 3158/TTr-EVN recently submitted to its Members’ Council, the State-owned group pointed out there is currently no clear legal basis for connecting rooftop solar power systems with the national grid as well as the establishments where they are installed for self-consumption. It said in the recent past, EVN and subsidiaries received opinions from investors and the community regarding the temporary suspension of connecting rooftop solar power systems with the grid pending Government issuance of mechanisms and the Ministry of Industry and Trade’s guidance for implementation. Foreign investors and domestic organisations guaranteed by foreign investors or international development funds asked for permission to use their own rooftop solar systems. For example, the Norsk Solar Vietnam Co. Ltd, guaranteed by investors and development funds of the Norwegian and Finnish Governments, asked for permission to use rooftop solar power systems for industrial parks, factories, and … [Read more...] about EVN suggests solutions to rooftop solar power-related issues
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Google ponders moving smartphone production from China to Vietnam
Global tech giant Google is in the process of considering moving orders for future phones to Vietnam in an effort to avoid risks posed by ongoing trade tensions between the United States and China, as well as China's COVID-19 lockdown, newspaper DigiTimes of Taiwan (China) reported. Google's Pixel 7 smartphone The Taiwanese media outlet cited sources from the upstream supply chain as saying that the US-based tech firm originally planned to produce its smartphones in Vietnam. However, it ultimately decided to keep its production in China due to a combination of the pandemic coupled with the strong support provided by Chinese supply chains. However, DigiTimes assessed that the strict COVID-19 lockdowns implemented by the northern neighbour have prompted the company to reconsider its view. According to figures compiled by Canalys, Google has seen robust demand for its Pixel 6 in the North American market, with the smartphone's shipments reaching around 1.2 … [Read more...] about Google ponders moving smartphone production from China to Vietnam
Two senators call for FTC probe into TikTok over U.S. data access
The request on Tuesday from Senator Mark Warner, a Democrat, and Republican Marco Rubio followed a Buzzfeed report saying the short video app permitted TikTok engineers and executives in China to repeatedly access private data of U.S. users. The senators said such access raised questions over TikTok's claims to lawmakers and users that the data was protected. "In light of repeated misrepresentations by TikTok concerning its data security, data processing, and corporate governance practices, we urge you to act promptly on this matter," the senators wrote FTC Chair Lina Khan. TikTok said Tuesday that access to data "is subject to a series of robust controls, safeguards like encryption for certain data, and authorization approval protocols overseen by our U.S.-based leadership/security team." The company responded to the senators' letter by reiterating "TikTok has never shared U.S. user data with the Chinese government, nor would we if asked." The FTC confirmed it had received … [Read more...] about Two senators call for FTC probe into TikTok over U.S. data access
“Black canal” revitalised with unique boat tour offering
“Black canal” revitalised with unique boat tour offering Nhieu Loc - Thi Nghe Canal is a canal with a long history, with each bend and bridge having historical ties to many fierce battles against France and United States in the distant past. The canal is now known better for its pollution – but that is again changing after 10 years of renovation. Visitors can now join a unique tour from Saigon Boat Co., Ltd. The boat moves slowly as the visitors take in the views and listen to the guide’s introduction to the history of the nine bridges spanning the canal. Each of the bridges has a story to tell that involves important milestones in the history of the city. In a rare relaxing atmosphere, guests are served juice or wine while they feel the light breeze, listen to the melody of the violin and enjoy special magic shows. In the evening, visitors are able to capture the moment when the sun slowly sets behind the tall buildings, and then delight as the moon slowly rises amid the … [Read more...] about “Black canal” revitalised with unique boat tour offering
Cooperation bringing Vietnamese tourism to new heights
Cooperation bringing Vietnam-ese tourism to new heights Changes in tourist behaviour and intentions, along with challenges in the context of a gradual recovery of the industry, are affecting the development strategies of Vietnam’s leading tourism-hotel groups. Corporations such as Sun Group, Vingroup, Bitexco, and CEO Group are leaning toward cooperating with international hotel management groups instead of building and developing their own resorts as before. This approach seems to be helping domestic and international brands take advantage of each other’s strengths, with one side possessing economic potential and market knowledge while the other brings brand name and management experience. Marriott International, on June 22, signed a strategic agreement with Vinpearl, Vietnam’s largest hospitality and leisure chain, which currently operates 35 hotels and resorts spanning 17 cities and provinces. The agreement will contribute to converting and developing 2,200 rooms across … [Read more...] about Cooperation bringing Vietnamese tourism to new heights
Mechanical engineering firms urged to enhance cooperation
A factory of a mechanical engineering enterprise in Quang Ninh Province's Ha Long City. — Photo cokhitienmanh.vn Domestic mechanical engineering enterprises should strengthen cooperation to improve competitiveness and gain more market share, industry experts have suggested. Nguyen Quang Hieu, general director of PetroVietnam Marine Shipyard JSC (PV Shipyard), told Nhan Dan (The People) newspaper that there were enormous opportunities for mechanical engineering firms to tap into the lucrative local market with a scale of up to billions of dollars. Hieu cited offshore wind power projects as a good example. He said Vietnamese enterprises could produce offshore wind turbine foundations. Even a small-scale wind power project comprises about 30-40 turbines, and its turbine foundation system would need an estimated 300,000 tonnes of equipment. With each tonne equivalent to US$4,000, including the cost of materials, on average, there would be about $1.2 billion worth of market share … [Read more...] about Mechanical engineering firms urged to enhance cooperation
☕ Afternoon briefing on July 5
Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on July 5. - Prime Minister Pham Minh Chinh chaired the 15th meeting of the National Steering Committee for COVID-19 Prevention and Control on July 5 amid the appearance of the BA.5 sub-variant of Omicron. Opening the teleconference with the 63 localities nationwide, PM Chinh, who is also head of the committee, pointed out that the pandemic remains unpredictable around the world with the emergence of the BA.5 sub-variant of Omicron in many countries. Read full story - Standing Vice Chairman of the National Assembly (NA) Tran Thanh Man hosted a reception in Hanoi on July 5 for a delegation from Indonesia’s Regional Representative Council (DPD) led by Chairperson of its Committee for Parliamentary Cooperation Sylviana Murin. Man said the visit demonstrates the resumption of the two legislative bodies’ delegation exchange activities after a long disruption due to the … [Read more...] about ☕ Afternoon briefing on July 5
Samsung imprinting essential role in fostering capital inflows
Electronics groups from South Korea and Japan are continuing to expand in Vietnam, Le Toan The Saigon Hi-tech Park Management Authority has recently granted the license for Samsung Electronics HCMC CE Complex (SEHC) to expand its operation with a total investment capital of $841 million. Starting operations in 2016, SEHC is currently Samsung Electronics’ second-largest manufacturing site worldwide for TV screens and home electronics units. Meanwhile, Samsung Engineering has officially become the strategic shareholder of DNP Water, a member of DNP Holdings, after spending $41 million to acquire 24 per cent of the company. The pair signed a strategic partnership agreement on June 29. Investing in DNP Water is an opportunity for Samsung Engineering to approach the water treatment sector in Vietnam. With the experience and the competition capacity, it has plans to open wastewater treatment plants and then expand to other surrounding countries. Founded in 1970, Samsung … [Read more...] about Samsung imprinting essential role in fostering capital inflows
Vietnam, Japan review joint initiative
At the mid-term review meeting (Photo: MPI) Hanoi (VNA) – The Vietnamese Ministry of Planning and Investment (MPI), in coordination with the Japanese Embassy in Vietnam and the Japan-Vietnam Economic Committee under the Japan Business Federation (KEIDANREN), held a mid-term review meeting for the Vietnam-Japan Joint Initiative (eighth phase) in Hanoi on July 5. It was reported at the meeting that 47 out of the total 80 sub-items in the joint initiative have been well implemented as scheduled so far, 15 are underway, six make no progress, and work will start on 12 others in the time ahead. Do Nhat Hoang, head of the Foreign Investment Agency under the MPI, said Vietnamese ministries and agencies have coordinated with the Japanese side to implement commitments in the action plan of the initiative. Vietnam’s commitment to materialising the joint initiative manifests the government’s resolve to improve the domestic investment environment, he said. Many legal documents … [Read more...] about Vietnam, Japan review joint initiative
Vietnam to host Miss Grand International 2023
A signing ceremony for the agreement to organize Miss Grand International 2023 took place in Ho Chi Minh City on Tuesday afternoon, officially confirming Vietnam as the contest's host country. This is the second time Vietnam has been chosen to organize Miss Grand International. Previously, the country held the event in 2017, which took place in a variety of locations, including Ho Chi Minh City, Quang Binh Province, and Phu Quoc Island. According to Nawat Itsaragrisil, president of Miss Grand International, he was pleased to return to Vietnam and certain that the nation would successfully hold the Miss Grand International 2023 competition. Nguyen Thuc Thuy Tien, Miss Grand International 2021, poses at a signing ceremony for the agreement to organize Miss Grand International 2023 in Ho Chi Minh City, Vietnam, July 5, 2022. Photo: Hoai Phuong / Tuoi Tre Nawat said he wanted to promote Vietnam's economic, tourism, and culinary prosperity to the world. The … [Read more...] about Vietnam to host Miss Grand International 2023