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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Experts look for ways to bolster tourism in North Central region
As major cities of Vietnam, Hanoi and HCMC will promote tourism in the northern and central regions of the country. The six North Central provinces need to cooperate with key localities of Hanoi and Ho Chi Minh City (HCMC) to attract more tourists and increase revenue. Lan Chau Island in Cua Lo Town, Nghe An Province. Photos: nghean.gov.vn This is key content discussed by more than 500 delegates from various ministries, international organizations and tourism businesses at a tourism forum, with the theme “Convergence of Quintessence - Enhanced Destination Experience”, held in the central province of Nghe An early this month. Nguyen Duc Trung, Chairman of Nghe An Provincial People's Committee pointed out that the forum was an event marking an important and comprehensive turning point in the cooperation between Hanoi and HCMC with the provinces of Ninh Binh, Thanh Hoa, Nghe An, Ha Tinh, Quang Binh and Quang Tri, in which Nghe An played the role of a tourism … [Read more...] about Experts look for ways to bolster tourism in North Central region
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
Vietnam targets 70% of population to have bank accounts in 2022
The banking sector is set to continue promoting the use of non-cash payment methods with greater convenience and safety for the public. The State Bank of Vietnam (SBV) targets to have 65-70% of the public in the age group of 15 and above to have bank accounts this year. A customer at Nam A Bank. File photo The move was part of the central bank’s decision No.1097/QD-NHNN, mapping out the plan for digital transformation in the banking sector in 2022. Other objectives include 100% of online public services under the administration of the SBV being integrated into the national online public services portal; the rate of people and businesses using online public services related to banking and finance matters of 80%; and 100% administrative procedures are processed online. To push for these goals, the SBV is expected to draft a Government decree on supervising the operation of fintech and promote the use of online public services across the sector. In this … [Read more...] about Vietnam targets 70% of population to have bank accounts in 2022
Greener travels backed by Web3 technologies
Greener travels backed by Web3 technologies Massive energy use, inappropriate waste management and disposal, loss of biodiversity, heritage management and preservation of indigenous cultures, and lack of communication channels and background information have posed great challenges to sustainable tourism development. However, the application of chain technology to tourism development will have a major impact on the entire industry and open up new opportunities for Vietnamese tourism. In fact, many Vietnamese tourism businesses have recently successfully applied this technology to their operations. Crystal Holidays and Crystal Bay are applying blockchain to connect suppliers with a web3 system to be able to make transactions with end-users, build loyalty programmes, and make secure payments. In addition, the above two units are also designing tokens like Lynkey and calling for investment through this channel. Blockchain-based cryptocurrency makes peer-to-peer transactions … [Read more...] about Greener travels backed by Web3 technologies
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
Tech firms winning reputation award 2022 announced
The list of 10 most prestigious information technology - telecommunications companies in 2022 released by Vietnam Report (Source: Vietnam Report ) Hanoi (VNA) – Vietnam Report announced the Vietnam Top 10 Technology Companies Reputation Award 2022 on July 5, with Viettel, FPT, and VNPT among the big names in the rankings. The list of the 10 most prestigious information technology - telecommunications companies in 2022 comprise Military Industry and Telecoms Group Viettel, FPT Group, Vietnam Posts and Telecommunications Group (VNPT), VNPT Vinaphone Corporation, Mobifone Telecommunications Corporation, CMC Technology Group, Hanel Joint Stock Company, Vietnam Technology & Telecommunication JSC, Vietnam Maritime Communication and Electronics Company (VISHIPEL), and Hanoi Telecom JSC. Meanwhile, the top 10 suppliers of system integration services and software solutions are FPT Software Co. Ltd, Misa JSC, FPT Information System Company, CMC Technology & … [Read more...] about Tech firms winning reputation award 2022 announced