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Fuel traders will not have to ask for permission to increase retail prices if the government-calculated base price rises 7 percent or less, according to a new decree effective December 15 this year.
The People’s Committee of HCMC and Underground Space Development Investment Corporation (IUS) will sign a build-operate-transfer contract on Thursday (15 Oct) to begin construction of an underground car park in District 1, according to an official of the city’s Transport Department.
Low cost will not be the only factor Vietnam will consider when selecting contractors for its first nuclear power plant, said Ta Van Huong, Energy Department Director under the Ministry of Industry and Trade in an interview.
German and Vietnamese experts met in 14th Oct in Ha Noi to discuss solutions to the solid waste problem in rapidly developing urban areas.
The Ho Chi Minh City stock market finished the week on a down note thanks to profit-taking but both buying and selling were strong, pushing trading volume to an all-time high, traders said.
Vietnam Airlines’ general director Pham Ngoc Minh shared about the European Union’s request for aviation emissions controls to be imposed on the carrier’s aircraft.
The Vietnam Shipbuilding Industry Group (Vinashin), the pride of Vietnam’s industry, is reportedly been facing financial difficulties that have slowed implementation of important projects. CEO Le Loc admits that the Group’s business is hurting, but no more than shipbuilders in other countries.
The European International Bank (EIB) on September 30 said it will provide a 47 million EUR loan to build five warehouses in southern Vietnam.
Deputy Prime Minister Hoang Trung Hai has assigned the Ministry of Industry and Trade to ratify the venue for the construction of Binh Dinh Electric Power Centre, Government Portal released.
In early October, Binh Dinh People’s Committee will coordinate with the Ministry of Planning and Investment to organize a conference on investment promotion in Binh Dinh.
Vietnam’s steel industry has grown rapidly in recent years, but its continued growth is problematic unless steel mills can find stable supplies of iron ore in Vietnam’s mountain provinces in lieu of relying on imported, expensive scrap.
Local experts have stressed good corporate governance is key to the development of State-owned enterprises (SOE) in Vietnam but these businesses are facing a host of challenges to embrace good management practices.
