Read what is in the news today, August 26!
Politics
-- The chairwoman of Vietnam’s lawmaking National Assembly, Nguyen Thi Kim Ngan, on Sunday arrived in Bangkok to attend the 40th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA 40) and pay an official visit to Thailand, where she will remain until August 30.
Society
-- All taxi cabs in Hanoi will be required to paint their vehicles in five basic colors - yellow, red, white, green, and grey - with the goal of reaching a unified color scheme for all taxi companies from 2026, according to a draft regulation on monitoring taxi services in the Vietnamese capital city announced by the municipal Transport Department.
-- Eighty-nine wind power and solar power plants have gone into operation in Vietnam as of June 2019 with a combined installed capacity of 5,038MW, accounting for 9.5 percent of the country’s total power generation capacity, according to a Ministry of Industry and Trade report.
Business
-- Vietnam has been taking a lot of official development assistance (ODA) loans from other countries but struggles to spend these funds efficiently due to snail-paced disbursement of ODA money, the government asserted on Sunday and requested that relevant ministries, agencies and local administrations take concrete measures to speed up capital disbursement.
-- Vietnam’s state-run power company Vietnam Electricity (EVN) collected over VND219 billion (US$9.6 million) from an auction of 18.75 million shares it looked to divest from the EVN Finance Joint Stock Company (EVN Finance), according to the Hanoi Stock Exchange.
-- The US-listed asset management fund VanEck Vectors Vietnam ETF (VNM ETF) may purchase more than 19.2 million shares of the Vietnamese low-cost carrier Vietjet in its upcoming quarterly portfolio reshape, according to a projection made by Bao Viet Securities JSC.
Lifestyle
-- Organizers of a Buddhist festival in the northern city of Hai Phong, which was criticized for polluting the ocean with the release of 30,000 water lanterns in a ritual in early August, has said that these lanterns were collected the day after the festival.
Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!