The Business Times: Wind power boost needs policy support: experts

---

• Wind power boost needs policy support: experts
• Ho Chi Minh City’s CPI rises 0.24 pct in February
• Ca Mau targets 910,000 tourists in 2014
• EVN to add 1,656MW to electricity output in 2014
• Stock market benefits on low credit growth
• Trade deficit touches $1.2b in Feb
• Japanese flock to VN to use cheap labor force
• Reform efforts to boost economic recovery
• SBV: NPL ratio at 9% with prudent calculation
• Many banks failed to increase charter capital in 2013

Wind power boost needs policy support: experts Posted: 22 Feb 2014 12:05 AM PST Vietnam possesses enormous potential for the development of wind power. However, to fully exploit this renewable source of energy, new incentive policies should be created to promote investment in the field, participants said at a workshop held on February 20 in Ho Chi Minh City. Phan Trong Thuc, Director of the Renewable Energy Department under […] The post Wind power boost needs policy support: experts appeared first on Vietnam Business News.

Ho Chi Minh City’s CPI rises 0.24 pct in February Posted: 22 Feb 2014 12:03 AM PST The consumer price index (CPI) in Ho Chi Minh City increased 0.24 percent from last month, the municipal Statistics Office reported on February 21. It marked a surge of 4.37 percent over the same period last year, the office said. The food and restaurant service group saw the highest rise of 0.76 percent, while apparel […] The post Ho Chi Minh City's CPI rises 0.24 pct in February appeared first on Vietnam Business News.

Ca Mau targets 910,000 tourists in 2014 Posted: 22 Feb 2014 12:00 AM PST The southernmost province of Ca Mau has set a target of greeting 910,000 foreign and domestic visitors and earning 245 billion VND (11.5 million USD) from tourism activities in 2014. To realise the goal, the local tourism sector has hastened the implementation of its master tourism development plan, while focusing on promotion and cooperation activities […] The post Ca Mau targets 910,000 tourists in 2014 appeared first on Vietnam Business News.

EVN to add 1,656MW to electricity output in 2014 Posted: 21 Feb 2014 11:59 PM PST The Electricity of Vietnam says the group will put into use five new turbines at both thermo- and hydro-electric power plants within this year, which have a combined capacity of 1,656MW. The Vinh Tan 2 thermo-electric power plant alone has a capacity of 1,200MW, while Turbine No.2 at the Hai Phong 2 thermo-electric power plant […] The post EVN to add 1,656MW to electricity output in 2014 appeared first on Vietnam Business News.

Stock market benefits on low credit growth Posted: 21 Feb 2014 08:23 PM PST The situation of negative credit in the first months of 2014 while the lending interest rate may fall further by 1-2 percent is helping the stock market benefit. The stock market has continued recorded very high increasing transaction scale since last December. Especially in the first trading sessions in February 2014, the daily trading value […] The post Stock market benefits on low credit growth appeared first on Vietnam Business News.

Trade deficit touches $1.2b in Feb Posted: 21 Feb 2014 08:17 PM PST The national trade deficit was US$1.2 billion in the first half of February as the total export value was $3.66 billion and total import value was $4.86 billion. Even so, the General Customs Office reported, the nation gained a trade surplus of $622 million in the period between January 1 and February 15 this year. […] The post Trade deficit touches $1.2b in Feb appeared first on Vietnam Business News.

Japanese flock to VN to use cheap labor force Posted: 21 Feb 2014 08:14 PM PST A lot of Japanese investors in Thailand now tend to relocate their factories to Vietnam. However, only the labor intensive production workshops would be set up here. Hirotaka Yasuzumi, Managing Director of the Japan External Trade Organization (JETRO) in HCM City, noted that there is a wave of Japanese enterprises in Thailand leaving for neighboring […] The post Japanese flock to VN to use cheap labor force appeared first on Vietnam Business News.

Reform efforts to boost economic recovery Posted: 21 Feb 2014 08:13 PM PST The Government's endeavours in renovating institutions and bettering the legal system have been seen by some as decisive factors likely to support economic recovery in 2014 and beyond. Economic experts at a workshop held in Ho Chi Minh City on February 21 shared the view that Vietnam's economy will regain its growth in the next […] The post Reform efforts to boost economic recovery appeared first on Vietnam Business News.

SBV: NPL ratio at 9% with prudent calculation Posted: 21 Feb 2014 08:01 PM PST On February 21, 2014, the State Bank of Vietnam (SBV) has opinion on Moody’s new report on Vietnam problem assets ratio of 15%, significantly above the 4.7% non-performing loan ratio (NPL) in October 2013 as reported by the State Bank of Vietnam. According to SBV, since there are no uniform standards for loan classification, it […] The post SBV: NPL ratio at 9% with prudent calculation appeared first on Vietnam Business News.

Many banks failed to increase charter capital in 2013 Posted: 21 Feb 2014 07:59 PM PST In 2013, many banks failed to increase chartered capital as planned, local newswire Dau tu reported. Meanwhile, a few others could only do so via existing shareholders (issuances of bonus shares, dividend shares) and couldn't raise capital from new shareholders. From failed plans In 2013, many banks such as Nam A Bank, Viet A Bank, […] The post Many banks failed to increase charter capital in 2013 appeared first on Vietnam Business News.

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610