Dinh La Thang, who served as Minister of Transport between August 2011 and February 2016, was sentenced to 10 years in prison for his role in the bidding and accounting fraud in the HCM City-Trung Luong Expressway project, a major toll road in southern Vietnam.
The Vietnam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a Memorandum of Understanding (MoU) on December 20 to bolster collaboration and exchange between enterprises of both nations.
Thirty trains and other related components of Hanoi’s Cat Linh-Ha Dong urban railway have been completely assessed and obtained a certification for technical safety and environmental protection.
Vietnam Electricity (EVN) on December 6 signed various Memoranda of Understanding (MoU) with investors of power projects in Laos to develop and purchase electricity from the neighbouring country in the time ahead.
VOV.VN - Former First Lady of the United States Michelle Obama once said “No country can ever truly flourish if it stifles the potential of its women and deprives itself of the contributions of half of its citizens.”
VOV.VN - Foreign direct investment (FDI) inflows in Vietnam are set to record strong growth as the world moves past the novel coronavirus (COVID-19) epidemic, with plenty of investment coming from overseas Vietnamese, according to insiders.
The Da Nang Business Incubator (DNES), in cooperation with the Accelerator Lab (AccLab) in Vietnam, which is also part of the United Nations Development Programme (UNDP) global network of 90 AccLabs, has launched the Da Nang Circular Economy Hub and Boot Camp to support innovative projects in the city and central Vietnam.
VOV.VN - Overseas remittances to Vietnam are projected to fall slightly from US$17 billion last year to more than US$15.6 billion this year, reported the World Bank.
Vietnam needs US$150 billion to invest in power projects in the next 10 years, equal to half the country’s current gross domestic product (GDP), which raises demand for international financing.
VOV.VN - Vietnam will need US$150 billion, equal to half of its current overall GDP, in order to invest in power projects nationwide over the course of the following decade, according to a seminar held on November 24 that discussed ways to mobilise international capital for independent power projects.