Exploiting rubber latex in Binh Long Rubber One Member Company Limited. Photo: Thanh Son. According to the General Department of Customs of China, in the first 2 months of 2021, rubber import of this country reached 1.87 billion USD, up 13.8% over the same period in 2020. In which, rubber imported from Vietnam Male value reached 433.97 million USD, up 65.1%. With such a sharp increase in import value, Vietnam rubber is accounting for 23.18% of the total value of rubber imported into China in the first 2 months of this year, up sharply from the rate of 15.98% in 2 months. early 2020. Vietnam rubber continues to hold the 2nd position in terms of market share in the total value of rubber imported into China. While increasing the import of Vietnamese rubber, China reduced the import of Thai rubber. In the first 2 months of the year, rubber imported into China from Thailand reached 548 million USD, down 17.4% over the same period. With the above results, Thai rubber still accounts for the largest market share in China, but only accounts for 29.29%, not much higher than the 23.18 of Vietnamese rubber. Statistics from the General Department of Vietnam Customs show that, in the first quarter of this year, rubber exports to China reached 290 thousand tons, worth $ 463 million, up 103.1% in volume and 128% in price. treatment.

Finance Minister Ho Duc Phoc works with the General Department of Taxation. The period of 2021 – 2025 is expected to collect about 6,558,500 billion VND On the afternoon of April 23, the Ministry of Finance held a conference to report on the implementation of the task of State budget revenue management (state budget) held at the headquarters of the General Department of Taxation. Director General of the General Department of Taxation Cao Anh Tuan affirmed that the revenue structure of the tax sector is becoming more and more sustainable, with the increasing proportion of domestic revenue in the total state budget revenue (on average, in the five-year period 2011-2015, it accounts for 67 , 5% of total state budget revenue, by 2020, accounts for about 85.6% – the set target is 84-85%). Meanwhile, crude oil revenue accounts for a decreasing proportion, from 12.9% on average in 2011-2015 period to 3.6% on average in 2016-2020 period. In which, the average rate of mobilization of state budget revenue in 5 years in the 2016-2020 period will reach 25.2% of GDP (the target of 23.5% of GDP), of which mobilization from taxes and fees approximately meets the set target. 21% of GDP. Regarding the State budget revenue target for the period 2021-2025 mentioned in the draft Financial Strategy for the period of 2021-2030, which is being submitted to the Ministry of Finance’s leaders for approval, in which, the General Department of Taxation sets targets on state budget revenue for the period of 2021-2025. paragraphs 2021-2025 as follows: First, the average rate of mobilization into the state budget in the period 2021-2025 will reach about 15-16% of GDP, of which mobilization from taxes and fees is about 13-14% of GDP. Second, the proportion of domestic revenue in total state budget revenue by 2025 will reach over 85% of total state budget revenue. Third, the proportion of crude oil revenue by 2025 will decrease to 1.4% of the total state budget revenue. In which, the expected state budget revenue collected by the tax authority in the period 2021-2025 has been reported to the National Assembly at the 10th session, the 14th National Assembly is expected to be about 6,558,500 billion VND, including: Crude oil revenue. VND 108,200 billion; Domestic revenue was VND 6,450,300 billion, of which, revenue excluding land use fees, dividends & profits, lottery, and the difference between State Bank revenues and expenditures was VND 5,311,600 billion. In addition, it is expected that the 5-year 2021-2025 collection to update the 5-year financial plan 2021-2025 has been coordinated by the General Department of Taxation and functional units to submit to the Ministry of Finance for updating the 5-year financial plan. 2021-2025. Accordingly, the estimated total state budget revenue managed by tax authorities in the five years period 2021-2025 is about VND 6,844,700 billion, 1.2 times higher than that of the 2016-2020 period; 286,200 billion higher than the expected revenue in the five years from 2021-2025 to report to the 10th session of the National Assembly, XIV National Assembly (6,558,500 billion). In the field of tax administration reform, General Director of the General Department of Taxation Cao Anh Tuan affirmed that the Tax Department is determined to reduce the time to implement tax administrative procedures to strive to be one of the leading countries by 2025. Southeast Asia is ranked as having a tax advantage. In which, striving: The rate of electronic tax declaration procedures at level 3 and 4 reaches at least 95%; The rate of online public services at levels 3 and 4 integrated with national public service portals reaches at least 70%. Director General Cao Anh Tuan reported at the Conference. Consider the regulation rate according to the specific mechanism of Ho Chi Minh City Speaking at the conference, the Minister of Finance Ho Duc Phoc noted important results in the management of state budget revenues in recent years. According to the Minister, in 2020, although the socio-economic situation of the country still faces many difficulties due to the Covid-19 pandemic, but with the drastic direction of the Party, National Assembly, Government, Prime Minister The Government and the entire Finance sector in general have made great efforts to fulfill their assigned political tasks. The Minister asked the leaders of the units under the Ministry of Finance to focus on leading, directing and meeting the task requirements in the new situation. In particular, it is necessary to regularly direct, review and evaluate cadres, civil servants and public employees as a basis for staff evaluation, ensuring good completion of assigned tasks. Minister Ho Duc Phoc requested the Tax Policy Department (Ministry of Finance) to preside over and coordinate with the General Department of Taxation and the General Department of Customs to advise early on the regulation rate according to the specific mechanism of Ho Chi Minh City, in order to avoid the improper application in the implementation process makes it difficult for the state budget management. The Minister noted that in the coming time, the taxation sector needs to focus on completing the estimate, this is the most important task, focusing on building and completing tax legislation, and strengthening the management of objects to combat revenue loss, especially in the fields of potential sectors such as electronic transactions, cross-border transactions, real estate, transfer pricing, transfer transactions. Tax Departments need to link with the land registration office; coordinating with banks to combat money laundering; Residential data connection; enhance propagation and settlement of complaints for taxpayers … In the field of tax consultancy, it is necessary to review and sum up and evaluate the effectiveness of tax agents. In particular, it is necessary to organize training and management organization in accordance with regulations. For the management of state budget revenues, the Minister suggested that the Taxation branch should strengthen the implementation of electronic taxation; expanding objects of electronic tax declaration; coordinating with authorities to determine financial obligations; Need to build big data about taxpayers and apply artificial intelligence in revenue control and build an electronic invoice database through which to promptly identify and handle incorrect invoices to promptly handle them. wrong issues. In addition, it is necessary to focus on researching and developing decrees and circulars on the implementation of e-invoices, proactively implementing appropriate tax and fee solutions to contribute to solving difficulties and supporting businesses. citizen. For tax data storage, it is necessary to continue to upgrade and modernize the server system, ensure the server operates 24/24 and have security and backup systems. At the same time, strengthen tax inspection and examination based on analysis of risk assessment data; strengthening professional capacity, inspecting and strictly enforcing violations and violations of the law; Promote international cooperation to combat tax evasion, create conditions to attract investment. Minister of Finance Ho Duc Phoc especially emphasized: “Promoting the tradition of construction and development, I hope that all units in the entire Finance sector continue to strengthen discipline, solidarity, creativity, and vigorously emulation for a comprehensive victory, exceeding the financial – budget targets and tasks, determined to strive to fulfill well the tasks assigned by the Party and State “.

Minh Hoa Electricity Worker constructs and renovates the medium voltage grid. Mr. Nguyen Hoang, Minh Hoa Electricity Director, said that in 2020, Minh Hoa Electricity is one of the units in charge of the construction of many works under the major repair and construction investment source of Quang Binh Power Company. including the work of overhaul of the Minh Hoa medium voltage electrical network in 2020, the work to improve the reliability of electricity supply in Quang Binh province by 2020; works to reduce power loss of medium voltage electrical network in Quang Binh province by 2020. All works are constructed with the highest sense of responsibility, ensure on schedule, complete and put into use, making an important contribution to recovering operating capacity, saving investment capital and supplying electricity safely and continuously, improving the reliability of power supply in the area. Minh Hoa Electricity currently manages an intermediate transformer station (TBA) with a capacity of 8,000kVA; 18.36km of 35kV line; 189,97 kilometers of the 22 kV transmission line, and 153 TBA with the capacity of 21,027kVA. In order to ensure the safe operation of the power grid, and at the same time supply enough electricity to meet the growing demand in the area, Minh Hoa Electricity has strengthened the on-duty force at the line management team and the substation; consolidate and well organize the information receiving and processing system to promptly handle incidents and improve customer care services; Regularly deploying the inspection of the grid with the temperature camera, promptly preventing and detecting a number of locations at risk. Up to now, Minh Hoa Electricity has the ability to remotely control 14/14 recloser of various types on the grid; at the same time, deploying the outgoing phase isotope 481 substation 110kV Tuyen Hoa with the busbar C41 Quy Dat intermediate substation to ensure the safe and continuous power supply when the incident occurs. Currently, the unit has been focusing on implementing the closed circuit of Vè-Si to ensure more optimal power supply in the coming time. Along with that, thanks to the foreign capital funding to supply electricity to the villages and hamlets that do not have electricity, so far most of the poor and difficult border communes, such as Thuong Hoa and Dan Hoa have been “covered”. national grid. With efforts to invest in the development of power sources and grids aiming to improve the quality of electricity services, Minh Hoa Electricity always ensures to meet the needs of electricity loads for the people as well as effectively implement the generation target. socio-economic development, ensuring national defense and security in the area. According to Mr. Nguyen Hoang, in the coming years, the demand for electricity of customers will increase, inevitably will create supply pressure on the grid power generation and management unit, requiring management. , forecasts of load demand must be detailed and close. Therefore, Minh Hoa Electricity determined that the concentration of management, operation, investment in construction and repair of the power system must be implemented according to a long-term and regular plan to increase supply reliability and quality. Electrical Power. “The goal of Minh Hoa Electricity is to strive to achieve an annual average commercial electricity growth rate of over 10% by 2022; the rate used to transmit and distribute electricity reached the plan assigned by Quang Binh Power Company; Average electricity price is 1,895 VND / kWh; electricity bill collection coefficient> 100% … Therefore, each employee of the whole Electricity must have the highest solidarity, unanimity, striving to comprehensively complete political tasks and economic and technical targets. art, steadfastly accompany the constant growth of heroic Minh Hoa homeland in the process of industrialization and modernization ”-ong Nguyen Hoang shared more.

Solar power is Qatar’s strength

Huge solar power potential

Qatar and the GCC countries have the highest potential for harnessing solar energy, based on the annual amount of sunshine (including hours of sunshine and solar intensity). Not to mention, July, August and September every year is the time when the whole region has the highest amount of electricity consumption, due to the very high demand for air conditioning and also a strong solar irradiation time most of the year.

Therefore, the development of solar power technology is the most promising energy sector for Qatar. In early 2020, Qatar announced it would build a solar power plant with a peak capacity of 800 MW at Al Kharsaah, comprising 2 million two-sided photovoltaic modules (Bifacial technology) combined with tracking equipment. width over 1,000 hectares. Al-Kharsaah solar power plant will be built on 10km2 near the capital Doha, expected to be completed in 2022.

The Al-Kharsaah Solar Power Plant will reach maximum capacity when solar radiation peaks at noon – the time when the demand for electricity is highest during the day. With a two-sided photovoltaic module system incorporating a monitoring device to align the angle of sunlight absorption, the correlation between solar power production and electricity demand will be strengthened.

Total Energy (France) and Marubeni Trade and Investment (Japan) will sponsor the Al-Kharsaah Solar Power Plant Project, with a total investment of about 500 million USD (ie 0, USD 6 / Wp for Bifacial technology with tracker). This figure shows that the solar energy sector is on a constant and relentless trend of cost reduction. With the use of monitoring devices with a two-sided module, the load factor of a solar power plant can exceed 30% – an exceptionally high level in the solar sector, due to the home load factor. Average solar power in the world is only about 20%.

Fresh water is Qatar’s big problem in climate change

Electricity and water – Two main concerns

Solar PV can play a central role in meeting the growing demand for electricity and water in Qatar, as the two sectors are interrelated (large gas thermal power plants can produce water from desalination). However, the demand for water and electricity in summer is very high: Electricity peaks reach about 8 GW, double the capacity in winter; while the water demand is about 20% higher.

It should be noted, in recent years, electricity demand in Qatar has grown three times faster than the world average due to the country’s strong economic growth and infrastructure projects. giant. The high level of electricity consumption is also due to the government price subsidy that makes electricity prices almost “free” in Qatar, suitable for all purposes.

The demand for fresh water in Qatar is growing at a rate of 12% per year, mainly due to industrial development, population growth as well as increased irrigation in the agricultural sector and anti-desertification. Since then, the desalination process has been significantly accelerated, contributing to increased power consumption.

Qatar in the Global Energy Transition Race (Next and Out)

Increase the share of renewable energy

Qatar is implementing a series of measures to reduce greenhouse gas emissions and assert its position as a leader in the development of new technologies.

Domestically, Qatar aims to increase the share of renewable energy in electricity consumption to 20% from 2024. At the same time, the transformation of energy in Qatar is also the realization of the development of public transport systems. new projects, including electric taxis and compressed natural gas (CNG) buses.

Qatar has established official bodies to deal with climate change (for example the National Committee on Climate Change – the national body responsible for climate policy formulation). Moreover, Qatar has participated in the GHG reduction program of the World Bank (WB) and the Global Association for Reducing Gas Emissions (GGFR). More specifically, Qatar Petroleum National Petroleum Company sets a “zero gas emission” goal by 2030. This goal will help develop new insights for other gas producing regions. Qatar Petroleum is promoting carbon capture and storage projects as it sees customers increasingly opting for low-carbon resources.

Qatar will need to make efforts to invest in low-carbon energy technology, by developing goals for energy efficiency and carbon concentration. Thereby, the challenge of Qatar is the reconciliation of new goals in the fight against climate change with the development of the domestic energy sector, along with new and “cleaner” sectors.

In recent years, electricity demand in Qatar has grown three times faster than the world average due to the country’s strong economic growth and huge infrastructure projects. The high electricity consumption is also due to the government price subsidy that makes electricity prices almost “free” in Qatar.

Head office of LienVietPostBank. (Photo: Vietnam +)

Lien Viet Post Joint Stock Commercial Bank (LienVietPostBank – stock code LPB) achieved a pre-tax profit of VND1,112 billion in the first quarter of 2021, nearly double the same period last year.

This is the quarter with the best business results ever, even exceeding the profit of some previous years of operation of LienVietPostBank.

In addition, by the end of March 31, total assets of LienVietPostBank reached more than 245,200 billion, up over 20% over the same period last year. Capital mobilization from economic organizations and individuals continued to grow well, reaching nearly VND206,300 billion, in addition, outstanding loans from this sector reached over VND 183,100 billion, an increase of more than VND 6,100 billion compared to the end of the year. 2020.

Notably, the proportion of retail growth in credit growth in Q1 reached more than 80%, indicating a consistent orientation of the bank towards the retail segment.

In the insurance segment sold through the banking channel (Bancassurance), LienVietPostBank is among the top commercial banks with the highest sales in the market. Along with the efforts in business and service development, by the end of the first quarter, LienVietPostBank’s net service revenue reached VND 162 billion, an increase of nearly 70% over the same period last year.

On the HOSE, stock LPB is in the group share had the highest market price growth in Q1, up nearly 40%, from 12,400 VND / share in the trading session on 31/12/2020 to 17,350 VND / share in the trading session on 31/3 and now is reaching the price of nearly 19,000 dong / share.

In mid-March, credit rating agency Moody’s upgraded LienVietPostBank’s outlook to “Stable.” This result reflects the bank’s financial capacity, good risk management and long-term development opportunities.

According to the plan, on April 29, LienVietPostBank will hold the Annual General Meeting of Shareholders, it is expected that this year, the bank will set a plan. profit before tax is 3,200 billion. Thus, with the first quarter results reaching 1112 billion, LienVietPostBank has fulfilled about 35% of the profit target in this year’s business plan./.