Prime Minister Pham Minh Chinh has recently signed an official dispatch requesting drastic, synchronous and effective measures to ensure stable power supply during this year's peak period and beyond.
Hanoi (VNA)– Prime Minister Pham Minh Chinh has recently signed an official dispatch requesting drastic, synchronous and effective measures to ensure stable powersupply during this year's peak period and beyond.
The upcoming dry season, spanning from May toJuly, is anticipated to witness a significant surge in electricity consumption demand,projected to rise by 13%, surpassing the initial forecast of 9.6%. Specifically, the northern region is expected to see anannual record rise of 17%.
The Minister of Industry and Trade wasasked to direct the drastic implementation of the Government’s resolutions, thePM’s directives, official dispatches and guidelines, and the approved plan forelectricity supply and operation of the national power system for 2024.
This includes enhancing State management,intensifying inspection and supervision over the management and operation ofthe national power system to ensure its safety and effectiveness.
Mechanisms and policies for direct electricity tradingbetween power generation units and major electricity consumers; development ofrooftop solar energy installations at residential homes, government buildings,and self-producing, self-consuming industrial parks; gas power, offshore windand coastal wind energy; must be promptly completed and submitted to competent authoritiesbefore April 30.
Electricity saving measures as specified inthe PM’s directive for the 2023 - 2025 period and subsequent years must also beadopted.
Specific tasks werealso assigned to other ministries, VietnamElectricity, chairpersons of the centrally-run municipal and provincial People’s Committees./.
Prime Minister Pham Minh Chinh has demanded power supply be guaranteed for production and business activities as well as people’s daily life during the rest of 2023 and next year.
Prime Minister Pham Minh Chinh voiced an imperative to ensure a consistent and uninterrupted power supply in all circumstances during a working session with the Vietnam Electricity (EVN) on January 13.
Prime Minister Pham Minh Chinh on January 28 presided over a conference on accelerating the progress of the Quang Trach-Pho Noi power transmission line project in the central province of Thanh Hoa as part of his visit to the project sites, stressing collective efforts to finish the project by mid-2024.
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.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Illustrative image (Photo: VNA) 
