by Teuvo Tuomi | Dec 30, 2024 | Economy, News, Singapore, Vietnam
According to the UK-based Centre for Economics and Business Research (CEBR), Vietnam’s GDP will surpass Singapore’s in five years, reaching $676 billion by 2029. By 2039, Vietnam’s GDP could rise to $1.41 trillion, ranking 25th worldwide and becoming Southeast Asia’s...
by Teuvo Tuomi | Dec 23, 2024 | Ho Chi Minh, Infrastructure, News, Transportation, Vietnam
Ho Chi Minh City is finally opening the first metro for its 10 million residents. The 19.7 kilometre metro line was green-lighted in 2007 with an initial cost estimate of about 17.4 trillion dong (about 684 million USD), but it eventually swelled to 43.7 trillion dong...
by Teuvo Tuomi | Dec 17, 2024 | Vietnam, Climate, Environment, News, Reports, Technology
Transition to a carbon-neutral electricity system by 2050 could help Vietnam save about 26 billion euros per year, according to Finnish technology group Wärtsila, a global leader in innovative technologies and lifecycle solutions for the marine and energy markets....
by Teuvo Tuomi | Dec 13, 2024 | Environment, Finland, News, Sustainability, Vietnam
The Department of Water Resources Management and Environment and the Finnish Embassy in Vietnam organized a workshop on groundwater management in Hanoi on 11 December. At the event, Deputy Director Ngo Manh Ha pointed out that signs of groundwater aquifer degradation...
by Teuvo Tuomi | Dec 8, 2024 | Vietnam, Business, Economy, Energy, News, Technology
According to analysts, Vietnam’s energy sector faces several critical challenges. There’s also an urgent need for strategic reforms. Key issues include the transition to net-zero emissions, potential energy shortages, limited diversification of energy...
by Teuvo Tuomi | Dec 2, 2024 | Business, ASEAN, Finland, News, Southeast Asia, Trade, Vietnam
During his recent visit to Finland, Vietnam’s Deputy Prime Minister Tran Hong Ha met with Finnish President Alexander Stubb and held talks with Finnish Deputy Prime Minister and Minister of Finance Rikka Purra. During the discussions, President Stubb and Deputy...