September 16, 2024
Electricity production in Vietnam up 2.1 percent in August over July
Of note, the bulk of that power has come from burning coal with hydropower plants being used as back up in order to avoid the power outages that plagued the northern provinces last year. Coal production in Vietnam, however, has fallen this year by about 12.3 percent. Consequently, there has been a spike in coal imports this year of 32.7 percent by value and 16 percent by volume.
Audits find broad inaccuracies in fin. statements for several Vietnam real estate firms
For example, in financial reports compiled by Saigon Real Estate Corporation, VND 76.6 billion in revenue was reported, however, after audit that number was reduced to VND 60.2 billion. It also saw a self-reported profit of VND 2.4 billion become a loss of VND 23.4 billion…
Typhoon Yagi estimated to have caused US$1.63 billion in damage in Vietnam
That said, there may be more costs to come with factories and manufacturing facilities damaged across the northern provinces–the Ministry is estimating that Vietnam’s economy could take a hit this year of .15 percent from typhoon Yagi…
Vietnam Ministry officially tasked with researching nuclear power for Vietnam
Of note, during Vladimir Putin’s brief two-day visit to Hanoi last week back in June, the Russian president oversaw the signing of a memorandum of understanding between Russia’s Rosatom State Nuclear Energy Corporation and Vietnam’s Ministry of Science and Technology. If realised, the agreement would see the former assist the latter to establish a Nuclear Science and Technology Center in Vietnam with a Russian nuclear reactor…
In today’s Vietnam news: Credit limits removed for some major projects, Estonian web security company market entry, Vingroup’s Vuong becomes major shareholder LP Bank,
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It