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Vietnam Electricity  Reports Record Loss

Vietnam Electricity Reports Record Loss

by Teuvo Tuomi | Jul 14, 2024 | Vietnam, Business, Economy, Energy, News, Sustainability

Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) has reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on high electricity production costs, including higher fuel prices and rising foreign exchange rates. In 2023,...
Laos and Vietnam Seek Tighter Cooperation

Laos and Vietnam Seek Tighter Cooperation

by Teuvo Tuomi | Jul 14, 2024 | Business, Investment, Laos, News, Technology, Vietnam

Laos and Vietnam have signed seven pacts on various areas of cooperation, serving to deepen the collaboration between the two nations. The cooperation pacts include a Memorandum of Understanding (MOU) on the establishment of a citizen and ID (identification card)...
Singaporeans Believe in Smartphones and Family Bonding: Study

Singaporeans Believe in Smartphones and Family Bonding: Study

by Teuvo Tuomi | Jul 14, 2024 | ASEAN, Lifestyle, News, Research, Singapore, Society, Southeast Asia

More than nine in 10 Singapore residents polled in a new study said a smartphone with a data plan is essential, while 64% think air-conditioning is a must. A trip each year to somewhere in Southeast Asia is also essential, according to 56% of those polled. Also, 90%...
World’s Population Will Peak at 10.3 Billion in Mid-2080s: UN

World’s Population Will Peak at 10.3 Billion in Mid-2080s: UN

by Teuvo Tuomi | Jul 13, 2024 | Asia, ASEAN, China, India, News, Reports, World

The world’s population will peak in the mid-2080s, growing over the next 60 years from 8.2 billion people in 2024 to around 10.3 billion in the mid-2080s, according to UN’s new report titled ‘World Population Prospects 2024.’ In its 2022 publication, the UN...
Record Number of Green Power Certificates Traded in China

Record Number of Green Power Certificates Traded in China

by Teuvo Tuomi | Jul 12, 2024 | Climate, Business, China, Energy, Environment, Lifestyle, News, Sustainability, Visions

Almost 25 million green power certificates, corresponding to 24.8 billion kilowatt-hours of electricity generated from renewable sources, have been traded in the last week of June on the Guangzhou Power Exchange Center in Guangdong province. This marks China’s...
Thailand’s GDP Unlikely to Grow as Expected: NESDC

Thailand’s GDP Unlikely to Grow as Expected: NESDC

by Teuvo Tuomi | Jul 12, 2024 | Business, Economy, News, Thailand

Thailand’s GDP growth is unlikely to increase in the second half of this year as anticipated by the Bank of Thailand (BOT), according to the chairman of the National Economic and Social Development Council (NESDC), Mr. Supavud Saicheua. Supavud says the...
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