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Local corporations pay higher corporate income tax

Local corporations pay higher corporate income tax

Many local enterprises are concerned about paying higher corporate income tax according to regulations on the deductibility of loan interest under Decree 20, in effect from May 1, 2017.

Hyosung Group gunning for M&A in Vietnam

Hyosung Group gunning for M&A in Vietnam

The Republic of Korea's industrial giant Hyosung Group aims to turn Vietnam into a major manufacturing base to realise its global expansion target.

Renewable energy integration faces challenges

Renewable energy integration faces challenges

Power drawn from renewable energy is expected to soar in the future, although the country’s capacity to integrate this source of energy into the national power grid is still limited, possibly causing throttling on the network, heard attendants at a seminar held in Hanoi last week.

Doubts remain over EVN’s sub-unit IPOs

Doubts remain over EVN’s sub-unit IPOs

The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.

HCM City encourages solar energy

HCM City encourages solar energy

Three years after beginning a pilot programme to buy solar power at VND2,000 (8.7 US cents) per kWh generated in homes and offices, Ho Chi Minh City has signed up 290 consumers.

EVN: All hydropower dams are safe

EVN: All hydropower dams are safe

The Electricity of Vietnam (EVN) has confirmed that all hydropower dams under its management are absolutely in safe condition.

PM hosts investors interested in Bac Lieu power project

PM hosts investors interested in Bac Lieu power project

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on July 25 for investors who are planning to pour capital into a liquefied natural gas (LNG)-fueled power project in the Mekong Delta province of Bac Lieu.

Rise in cyber-attacks requests preparedness to respond

Rise in cyber-attacks requests preparedness to respond

The rapid development of the internet has greatly benefited users but also exposed them to increasingly dangerous cyber-attacks, forcing organisations and businesses to look for ways to protect themselves.

Seeking FiT hike for bagasse power

Seeking FiT hike for bagasse power

The sugar industry is calling for increased feed-in tariffs for bagasse-fired power in hopes of luring additional investment to such renewable energy projects.

Exhibition raises public awareness of bear protection

Exhibition raises public awareness of bear protection

A bear protection exhibition was kicked off in Hanoi on June 30, in the presence of the World Animal Protection (WAP) Ambassador - Thai singer and actor Tono Pakin Kumwilaisuk, to raise public awareness of the importance of bear protection.

Foreign firms eye Vietnam’s energy industry

Foreign firms eye Vietnam’s energy industry

Vietnam has emerged in SE Asia as an important energy, natural oil and gas producer. Ranked fifth in the region in oil & gas production and oil reserves, Vietnam has discovered 100 potential oil fields with estimated total reserves of 643 million tons of oil and 644 billion cubic meters of gas.