Read what is in the news today, August 26!
-- 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.
-- 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.
-- 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.
-- 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.