malaysiang- Business
- December 20, 2023
- 24 views
malaysiangSpecific policies needed for LNG power development: Insiders
Hanoi: The development of thermal power, including natural gas and liquefied natural gas (LNG), requires specific policies and mechanisms to attract investment as this industry plays a crucial role in ensuring the supply of electricity for the economy…
- malaysiang
- Business
- December 20, 2023
- 20 views
Purchasing power on Christmas market still weak
Hanoi: A wide range of decorations with stable prices are now available in the Hanoi market as Christmas is nearing, but purchasing power remains weak.
Sellers on such streets as Hang Ma, Hang Luoc, and Luong Van Can, home to many toy and decorations…
- malaysiang
- Business
- December 20, 2023
- 19 views
Vietnam’s trade surplus surges to record high
Hanoi: Vietnam recorded a trade surplus of 26 billion USD in 2023, nearly tripling the figure last year and the highest on record, Deputy Minister of Industry and Trade Phan Thi Thang said at a teleconference held in Hanoi on December 20.
According t…
- malaysiang
- Business
- December 20, 2023
- 18 views
Domestic gold prices hit new record high
Hanoi: Domestic gold prices kept skyrocketing on December 20 morning to pass the historic high, reaching 75.4 million VND (nearly 3,100 USD) per tael (1.2 ounces).
At 9:13 am in Hanoi, Doji Group listed each tael of SJC gold at 74.4 – 75.4 million VN…
- malaysiang
- Business
- December 20, 2023
- 21 views
Lending rate forecast to be cut by 1-1.5pp in 2024
Hanoi: There will be little room for further reduction in deposit interest rates in 2024 as they have dropped deeply to pre-COVID-19 levels, while the lending interest rate can still be lowered by 1-1.5 percentage points next year, Vietcombank Securit…
- malaysiang
- Business
- December 20, 2023
- 21 views
EVN proposes purchasing wind power from Laos
Hanoi: Vietnam Electricity (EVN) has submitted a document to the Ministry of Industry and Trade (MoIT) regarding the proposal to import wind power from Laos to Quang Tri province.
EVN urged the ministry to review and submit to the Prime Minister the …
- malaysiang
- Business
- December 20, 2023
- 21 views
ADB Country Director points to three main growth drivers of Vietnam’s economy in 2024
Hanoi: Public investment, domestic consumption, and export recovery will be the three main growth drivers of Vietnam’s economy in 2024, the Asian Development Bank (ADB)’s Country Director for Vietnam Shantanu Chakraborty has told the Vietnam News Agen…