Virginia general assembly special session

According to the Department of Industry, most firms have resumed operation after social distancing but at low capacity due to high inventories. Data from the General Statistics Office showed that a large number of the cars in inventory were assembled domestically. This has been the most difficult time yet for the local automobile industry. Moreover, domestically-assembled cars still have to compete with completely built-up imported cars from Thailand and Indonesia. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 10

At the workshop, Do Duc Quan, EREA’s deputy director general said, “As an agricultural country with a strong potential for bioenergy, the Vietnamese Government is striving to raise the share of biomass in its power production. Key policies and support mechanisms were promulgated in 2014 and have been amended and supplemented in 2020 to encourage private investment in the sector. With the measures, Vietnam expects to meet its goal for a biomass energy share of 2.1 per cent in the power production in 2030 stated in the revised Power Development Plan VII.” … [Read more...] about BUSINESS NEWS HEADLINES JUNE 11

“We believe the Covid-19 pandemic has caused serious damage. It is also an opportunity for us to look back on our past journey, forcing the community to come together to seek better ways to adapt to the crisis and plan further development,” said Nguyen Son Thuy, QTA’s General Secretary, adding, “It is also a good time to promote the green destination model.” … [Read more...] about BUSINESS NEWS HEADLINES JUNE 12

Ha Thu Giang, deputy head of the SBV’s Credit Department, as of May 25, the banking sector had restructured debt payments for nearly 224,000 clients with total outstanding loans amounting to nearly 152 trillion VND (6.51 billion USD), as well as exempted and reduced interest rates for over 326,000 others with combined outstanding loans of more than 1.14 quadrillion VND. … [Read more...] about BUSINESS NEWS HEADLINES JUNE 13

Released during the 25th Anniversary of US-Vietnam diplomatic relations, the Open Doors data is demonstrable proof that education is a cornerstone of the bilateral relationship. With a total of approximately 26,000 Vietnamese students pursuing studies at all levels in the United States, the US Mission to Vietnam will continue to promote opportunities for Vietnamese students to study in the United States through its Education USA services, American Centres in Hanoi and Ho Chi Minh City, and American Hangouts in Can Tho and An Giang. … [Read more...] about VIETNAM NEWS NOVEMBER 23 (updated hourly)