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PM approves financial mechanism for grid project

The Prime Minister has approved a financial mechanism for a project to expand electricity grids in Hanoi and Ho Chi Minh City through loans from the Asian Development Bank (ADB) and the ASEAN Infrastructure Fund (AIF).
The Prime Minister has approved a financial mechanism for a project toexpand electricity grids in Hanoi and Ho Chi Minh City through loansfrom the Asian Development Bank (ADB) and the ASEAN Infrastructure Fund(AIF).

Under the mechanism, the Government willsign a deal with the ADB and the AIF to receive a loan of 272.70million USD, which will then be re-loaned to the Electricity of Vietnam(EVN) Hanoi and the EVN HCM City under similar conditions and terms butwith additional expenses.

The EVN Hanoi and EVN HCM City are responsible to provide corresponding capital.

The national EVN will be responsible for the debts in the event the EVN Hanoi or EVN HCM City fault on their loans.-VNA

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Politburo member and Chairman of the Party Central Committee’s Commission for Information, Education and Mass Mobilisation Nguyen Trong Nghia (third from left) visits the Vietnam News Agency's booth. (Photo: VNA)

National Press Festival 2025 opens in Hanoi

Running until June 21, the festival brings together more than 80 central and local media organisations, featuring nearly 130 exhibition booths that cover the full spectrum of national life, encompassing economy, politics, culture, society, defence, security, and foreign affairs.
Ambassador Nguyen Minh Tam (third from right) and participants at the gathering (Photo: VNA)

Vietnam, Laos strengthen media cooperation

Media must not only serve as a channel for information but also act as a vanguard in shaping public opinion, combating misinformation, upholding the Party’s ideological principles, and reinforcing unity between Vietnam and Laos.
Straw Wood team wins the first prize for their project to produce insulation material from straw. (Photo: VNA)

Global🐟ꦇ Vietnam Business Startup 2025 winners announced

GVB Startup 2025 attracted the participation of nearly 150 individuals and organisations from across Vietnam. The event seeks to promote bold and ambitious startup ideas and projects, contributing to the future of global innovation, and supporting startups through the provision of resources, networking opportunities, and market insights.
Defendant Trinh Van Quyet at the first instance trial in 2024. (Photo: VNA)

FLC Ex-Chairman Trin💎h Van Quyet tried in absentia due to illness

The court announced that Quyet had submitted a written request to be tried in absentia, citing serious health issues. According to an official statement from Hospital 19/8, the defendant is suffering from multiple illnesses, experiencing fatigue and shortness of breath, with doctors warning of a “very high risk of death.”
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