According to Decision No. 39/2018/QD-TTg amending and supplementing Decision 37/2011/QD-TTG on mechanism to support the development of windfarm power projects in Vietnam to October 31, 2021, the FIT pricing mechanism for windfarm power will be expired. At the quarterly press conference for Quarter III/2021 held by Ministry of Industry and Trade (MoIT) in September 30 […]
Category Archives: Biz in Saigon
19
Oct
Oct
According to the People’s Committee of Hai Phong City, as of September, total FDI capital of the locality reached US$ 2.85 billion, increased to 225% over the same period in 2020 (accounting for nearly 13% of the total newly registered FDI capital of the country). In recent months, Hai Phong has recorded series of newly […]
19
Oct
Oct
Standard Chartered Bank continued to lower its growth forecast for Vietnam in 2021 from 4.7% to 2.7%, after the growth in the Quarter 3 fell by 6.2% compared to the same period last year. The economic recovery was accessed to accelerate in 2022 and maintain its growth forecast for next year at 7%. Mr. Tim […]
Biz in Saigon
Vietnam’s mechanical products aim to reach the advanced levels regionally and internationally
19
Oct
Oct
Ministry of Science and Technology is collecting comments to issue a Decision on approval of goals, contents and plan for products of the national key science and technology program for the period of 2021 – 2025 of “Research on application and development of mechanical and automation technology”. Another goal is to research and be master […]
16
Sep
Sep
According to the latest data from Departments of Industry and Trade of the provinces and cities, according to the planning up to 2020, with a vision to 2025, in 2045 the whole country has 1,704 industrial clusters (ICs) with total area of 58,123 hectares. The distribution of industrial clusters in regions is as follows: Northern […]
13
Sep
Sep
One day after work, I stopped at my local tạp hóa to pick up a bottle of rice wine, a bag of chips and a can of beer. The man who runs the shop, as he does with all customers, tallied up the purchase on his calculator and, despite it totaling VND51,000, asked me simply […]
13
Sep
Sep
According to the released Investment Report 2021 of United Nations Conference on Trade and Development (UNCTAD), US is top of FDI destination with US$ 156 billion, followed by China with US$ 149 billion and the 3rd is Hong Kong with US$ 119 billion, etc. Vietnam is on the 19th position with US$ 16 billion in […]