The Business Times: Vietnam seeks to harness solar energy

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• Vietnam seeks to harness solar energy
• Vietnam, Indonesia determined to raise trade to 10 billion USD
• More than 5,000 firms resume operations
• SBV to have final say on banks’ dividends: officials
• Budget collection jumps on economic recovery
• New Mekong Delta highways to cut travel time to HCM City
• Food shipments at risk of rotting at clogged China checkpoints

Vietnam seeks to harness solar energy Posted: 06 Apr 2015 06:16 PM PDT Deputy Prime Minister Hoang Trung Hai has said that he endorses the early formulation of a legal framework to encourage investment into the production of solar energy. At a meeting with the Ministry of Industry and Trade on April 2, the Deputy PM said the ministry should determine issues such as the planning of solar […] The post Vietnam seeks to harness solar energy appeared first on Vietnam Business News.

Vietnam, Indonesia determined to raise trade to 10 billion USD Posted: 06 Apr 2015 06:15 PM PDT Deputy Prime Minister and Foreign Minister Pham Binh Minh and Indonesian Foreign Minister Retno Marsudi have vowed to work for the target of raising two-way trade to 10 billion USD in 2018 from 5.4 billion USD last year, as agreed by top leaders of both countries.    Overview of talks between Deputy Foreign Minister and […] The post Vietnam, Indonesia determined to raise trade to 10 billion USD appeared first on Vietnam Business News.

More than 5,000 firms resume operations Posted: 06 Apr 2015 06:14 PM PDT More than 5,000 businesses became operational again in the first quarter of this year, posting a 10 per cent year-on-year increase. A worker operates a machine at a PVC pipe factory in Binh Dinh province’s An Nhon town. — VNA/VNS Photo Vu Sinh This showed that the economy had recovered and presented investment and trading […] The post More than 5,000 firms resume operations appeared first on Vietnam Business News.

SBV to have final say on banks’ dividends: officials Posted: 06 Apr 2015 06:13 PM PDT Shareholders will be unable to negotiate dividends with their banks this year, with the final decision resting with the State Bank of Viet Nam (SBV), according to senior bank officials. A Monday report by cafef.vn cited the officials saying the new action taken by the SBV aimed to ensure that commercial banks strengthened their provisions […] The post SBV to have final say on banks’ dividends: officials appeared first on Vietnam Business News.

Budget collection jumps on economic recovery Posted: 06 Apr 2015 06:12 PM PDT The Finance Ministry said that macro-economic recovery, together with administrative reforms, especially in tax payments from last year, had helped boost budget collections. Office of the Hai Phong Tax Department The budget collection value during the first quarter this year met 24.8 percent of the annual target. In March alone, budget collection was estimated to […] The post Budget collection jumps on economic recovery appeared first on Vietnam Business News.

New Mekong Delta highways to cut travel time to HCM City Posted: 06 Apr 2015 06:09 PM PDT The most important segment of the Mekong Delta highway system, the My Thuan – Can Tho highway, will kick off by the end of the year. A view of Trung Luong – My Thuan Highway. The 51.5km road will connect with My Thuan – Can Tho Highway, helping reduce the travel time from HCM City […] The post New Mekong Delta highways to cut travel time to HCM City appeared first on Vietnam Business News.

Food shipments at risk of rotting at clogged China checkpoints Posted: 06 Apr 2015 06:08 PM PDT Dozens of tonnes of watermelons are in risk of spoiling as trucks are stuck at the border checkpoints in Lang Son Province due to the low capacity of customs clearance in both Vietnam and China. Trucks waiting by Tan Thanh Border Gate Phung Quang Hoi, head of the Tan Thanh Border Gate Custom Department, said […] The post Food shipments at risk of rotting at clogged China checkpoints appeared first on Vietnam Business News.

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