Vietnam Electricity powers up in the spirit of Uncle Ho’s teachings
In December 1954, President Ho Chi Minh visited the Bo Ho Lamp Factory and the Yen Phu Power Plant, telling the staff, This factory is now owned by the people, the government, and you. You are the owners, so you have to take care of the factory to develop
Vietnam’s renewable energy sector lures foreign investors
(VEN) - Vietnam’s goal of raising renewable power sources to 45 percent of the national power generation capacity by 2030 requires US$14 billion, offering opportunities for both domestic and foreign investors.
There is no ground to cancel nuclear power planning: Minister
There is no ground to eliminate nuclear power planning, Minister of Industry and Trade Nguyen Hong Dien said on May 30 during the 15th National Assembly (NA)’s third session while explaining deputies’ ideas on canceling plans for a nuclear power construct
Manufacturers seek more local content to overcome import troubles
(VEN) - The Russia-Ukraine conflict, China’s zero-COVID” policy and the lingering pandemic effects have increased the price of input materials, while the import of materials is facing difficulties due to short supply and prolonged transport duration, acco
MoIT agency plays leading role in industry and trade development
(VEN) - The Agency for Regional Industry and Trade (ARIT) of the Ministry of Industry and Trade said its member units efficiently accomplished targets set for the first quarter of 2022, including preparation of meetings with provincial representatives, or
Reviving up network of domestic auto parts suppliers
One of the biggest weaknesses of Vietnam's automobile industry today is its major dependence on foreign supply chains. In addition, the production of auto parts and components in Vietnam is mainly labor intensive using simple technologies.
Ha Giang Province facilitates rural industrial production
(VEN) - The industry promotion sector of the northern mountainous province of Ha Giang has been facilitating rural industry modernization by assisting enterprises in the province to procure and apply advanced equipment and machinery.
Strategy stitches together a better skilled garment-textile workforce
Vietnam’s textile and garment industry is a leading economic sector yielding high export revenues and providing many jobs. However, a majority of the textile and garment labor force is unskilled. Workers perform basic processing stages, but there is a lab
Coordination model proves effective in improving support industries
The model of coordination between authorities at both central and local levels and large enterprises in promoting support industries is becoming increasingly effective.
Transparency needed to draw power industry capital, officials say
According to experts, in order to attract strong investment in the power industry, Vietnam needs to put in place a competitive electricity market with transparent prices and perfect mechanisms to facilitate an effective investment environment.
Success of key industry promotion projects
(VEN) - Projects supporting application of advanced machinery and equipment to production in the Central Highlands province of Dak Lak have been attracting a significant amount of investment capital from rural industrial enterprises.
Vietnamese enterprises expand cooperation with foreign partners
Growing cooperation in production and supply development between domestic and foreign-invested enterprises (FDI) not only improves the competitiveness of domestic enterprises, but also helps them accumulate experience and master technologies for sustainab