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World Bank and Vietnam to pilot solar power auctions
In preparation for the coming open energy market in Vietnam, the World Bank and the Ministry of Industry and Trade (MoIT) will implement the pilot programme to auction solar power with the floor price of 9.35 US cent per kWh.
Concerted effort in environmental protectionism
APEC economies are now standing in the doorway of deeper cooperation. With climate change becoming an increasing security threat, will member economies press for a deeper cooperation at the APEC Summit 2017 this November?
AkzoNobel brings colour to Vietnamese schools
AkzoNobel, a leading global paints and coatings company and manufacturer of the Dulux and Maxilite brands, is implementing the “AkzoNobel Accompanies You to School” project with the commitment of recoating numerous schools in Vietnam to help pupils to greet the new school year.
VinaCapital follows up strategy by divesting Vina Square
VinaLand, the real estate arm of VinaCapital, has announced divesting its stake in the Vina Square project located in Ho Chi Minh City.
ACV to invest nearly $2 billion to upgrade key airports
Aiming to meet the increasing demand for air transportation, Airports Corporation of Vietnam (ACV) decided to mobilise capital to upgrade key existing airports with total investment capital of more than VND45 trillion ($1.98 billion).
VEB and IIB to finance Long Phu 1 power plant
Vnesheconombank, International Investment Bank, and PetroVietnam have entered into a tripartite memorandum determining the cooperation framework of financing the construction of Long Phu 1 power plant in Vietnam.
Samsung explores new horizons in Vietnam
Along with investing $17 billion in high-tech complexes in Thai Nguyen and Bac Ninh provinces, Samsung plans to encroach on other sectors in Vietnam.
Samsung Securities deepens Vietnam inroads
Aiming to accelerate inroads into the Vietnamese stock market to keep pace with compatriot competition who are already present in Vietnam, Samsung Securities decided to acquire stakes in local asset management companies, one of which is Dragon Capital.
Retail rides ‘ideal potential’ to surge
A rise in Vietnam’s retail and consumption service revenue reflects growing local purchasing power and retail-related activities.
DEEP C leads port JV for Quang Ninh
Russia’s private leader in port development and operation, The Seaport of Azov, and the DEEP C consortium headed by leading Belgian port, industrial zone, and green energy group Rent-A-Port have agreed to develop a state-of-the-art ecological industrial zone and port complex in Quang Ninh.