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The Powerhouse Company Creates an Eco-Cemetery Park with a Massive 4-Trillion VND Investment in...

The Spiritual Park Corporation, Tam Dien - Tay Yen Tu, is the mastermind behind a monumental eco-friendly cemetery park project in Bac Giang province, with investments totaling nearly 4 trillion VND.

The Halt of Vietnam’s Landmark LNG Project: A Land Dispute Conundrum

A multi-billion-dollar gas-fired power project, pivotal to Vietnam's future energy security, hangs in the balance. A bitter land dispute between state-owned giant PetroVietnam Power and a local industrial developer threatens to derail this crucial initiative. With far-reaching implications for the country's energy sector, the project's fate is now uncertain.

Solar Rooftop De-Commercialization

Assoc. Prof. Dr. Nguyen Viet Dung, Vice President of the Faculty of Mechanical Engineering (Hanoi University of Science and Technology), stated that regarding technical matters, he strongly endorses the absence of commerce and trading in the deployment of rooftop solar power. The grid connection takes place only when rooftop solar power is insufficient for usage during sunless hours or under unfavourable weather conditions.

iTel and the 5-Year Pioneering Journey to Conquer Over 3 Million Vietnamese Users

In recent years, the Mobile Virtual Network Operator (MVNO) model has emerged as a significant trend in the Vietnamese telecommunications industry. By leveraging the existing infrastructure of traditional carriers, MVNOs provide flexible service packages that cater to diverse customer needs at more competitive costs.

Prime Minister: Tay Ninh holds great potential for developing border economy

Prime Minister Pham Minh Chinh affirmed that Tay Ninh holds significant potential and advantages with 3 factors "favorable conditions of heaven, geographical terrain, and solidarity among people" to increase the pace of rapid and sustainable development.

Identify 5 Economic Corridors in the Northern Mountain and Midland Region

The plan to organize socio-economic activities in the midland and the mountainous area in the north is divided into 3 sub-regions, 5 economic corridors, 3 development clusters, and one growth driving area.

Real Estate Firm Accused of Losses, Raises Bonds to Acquire Project in Dong Nai

Fortune Valley Real Estate has reported consecutive annual losses for the third year in a row. In 2021, this company had managed to raise almost 100 billion VND worth of bonds to "acquire" a project in Dong Nai.

Nguyen Duc Tai’s “fewer but better” strategy: The Gioi Di Dong lays off nearly...

"This isn't a one-off restructuring but a new culture that will take place continuously," said Mobile World Group (MWG) Chairman Nguyen Duc Tai about the corporation's restructure during its annual shareholders' meeting. After the first three months of the year, MWG's staff count has further reduced by nearly 5,000 employees, along with the closure of several stores. However, the recorded profits were the highest in the past six quarters.

Average income of people in Thanh Hoa reaches over 4.6 million/month

With the income of 4.4 million VND, the average income of Thanh Hoa per person per month is higher than the average of the North Central and Central coastal regions, but it is lower than the national average.

Deciphering the Complexity of Zero-Dollar Solar Home Installations

As energy consumption continues to rise, economists argue that the incentive mechanisms for rooftop solar panels must be thoroughly reexamined.
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Ho Chi Minh City: Preserving the Minimum Parcelization Threshold for Residential and Agricultural Land...

The proposed replacement for Decision 60/2017 stipulates that all land plots, both before and after subdivision, must abut a transportation route approved by the relevant authorities.

“Coinbase Restores Functionality, But Withdrawals Remain Unavailable”

Coinbase, the world's second-largest cryptocurrency exchange by trading volume, suffered a major outage.

A New Major Shareholder Arrives, HAG Board Member Resigns After Three Decades of Dedication

The Hoang Anh Gia Lai Joint Stock Company (HAGL) has announced the resignation of Mr. Nguyen Chi Thang from their Board of Directors. Mr. Thang tendered his resignation on May 7th, citing personal reasons.

The Market Beat: The Prolonged Divergence Play

The market closed with the VN-Index down 3.94 points (-0.32%) to 1,244.7, while the HNX-Index climbed 1.1 points (0.47%) to 235.68. Bears dominated the market breadth with 396 declining stocks against 342 advancing ones. The large-cap stocks in the VN30-Index basket painted a similar picture, with 22 losers, 4 gainers, and 4 stocks closing flat.

Market Beat: VN-Index Surges Ahead

The market ended the session on a positive note, with the VN-Index climbing 1.68% to 1,241.58 and the HNX-Index gaining 1.78% to close at 232.29. The market breadth tilted in favor of bulls with 583 advancing stocks against 189 declining ones. The large-cap stocks in the VN30 basket painted a rosy picture, as evident from 28 gainers and merely 2 losers.