Power sector facing great challenges ahead

By the end of 2004, Electricity of Vietnam (EVN) had fulfilled the key targets of a five-year plan (2001-2005). Therefore, while implementing the five-year plan, EVN will gain certain advantages but will be able to encounter numerous challenges due to high demands for power use.

Big insurers flock into VN’s small market

Despite the small scale of its insurance market Vietnam deserves serious consideration, foreign insurers said yesterday at the two-day Vietnam Insurance Outlook 2005 in Hanoi.

Ministry unveils industrial sector plan

Viet Nam’s industrial sector will focus on manufacturing hi- tech products, as part of its strategy to counter the influx of foreign goods in the coming years, Industry Minister Hoang Trung Hai said.