Nearly 200 domestic and foreign businesses have been showcasing their products at the 11th International Exhibition of Electrical Technology and Equipment (Vietnam ETE 2018) and the 8th International Exhibition of Energy Saving and Green Power Products and Technologies (Enertec Expo 2018) which both opened in Ho Chi Minh City on July 18.
HCM City (VNA) – Nearly200 domestic and foreign businesses have been showcasing their products at the11th International Exhibition of Electrical Technology and Equipment (VietnamETE 2018) and the 8th International Exhibition of Energy Saving and Green PowerProducts and Technologies (Enertec Expo 2018) which both opened in Ho Chi MinhCity on July 18.
In his opening remarks, DeputyMinister of Industry and Trade Do Thang Hai said under the industrialrestructuring plan for 2018-2020 with a vision towards 2025, Vietnam will promotethe development of mechanical products and prioritise key sectors such asindustrial and electrical equipment.
The country also aims to attract investmentin new, clean, renewable energy to ensure national energy security, achieve greengrowth-related goals, reduce the effects of climate change, and boost thedevelopment of other industrial sectors, he said.
The plan has created a foundationfor the development of electrical technology and green energy, he said,pointing to the potential of the power and electrical technology sector.
Nguyen Phuong Dong, DeputyDirector of the Ho Chi Minh City Department of Industry and Trade, highlightedthe increasing demand for energy needed to serve production, business, anddaily activities of local residents, citing the city’s power output in the firstsix months of this year at 12.32 billion KWh, up 6.25 percent year-on-year.
With 300 booths, Vietnam ETE 2018and Enertec Expo 2018 have been putting on display a variety of energy savingand green energy products, helping consumers select suitable eco-friendly solutions,he said.
Owners of shrimp-breeding ponds pay 50-200 million VND (2,200 – 8,800 USD) for electricity per hectare per crop, accounting for 10 percent of their total cost of aquaculture production.
The Renewable Energy Development Project has helped dozens of projects and training establishments improve investment and construction capacity and train human resources in the field of renewable energy.
The 11th International Exhibition on Electrical Technology & Equipment (Vietnam ETE 2018) and the 8th International Exhibition on Products, Technologies of Energy Saving & Green Power 2018 (Enertec Expo 2018) will simultaneously open in Ho Chi Minh City on July 18.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
At the exhibition (Source: VNA) 
