Talk Vietnam

Atletico Madrid opened the €310 million (US$370 million) Wanda Metropolitano stadium for the first time on Saturday as Atletico beat Malaga 1-0 in La Liga. View of Atletico Madrid's new 68,000 capacity Wanda Metropolitano stadium. (OSCAR DEL POZO/AFP) MADRID: Atletico Madrid's new 68,000 capacity Wanda Metropolitano stadium will host the 2019 Champions League final, European football's governing body UEFA announced on Wednesday (Sep 20). As the only other candidate for the final, Azerbaijani capital Baku receives the 2019 Europa League final as a consolation for missing out on the main event. Budapest will host the women's Champions League final, whilst the UEFA Super Cup between the Champions League and Europa League winners will take place at Besiktas' Vodafone Park in Istanbul. Backed … [Read more...]

Việt Nam wants to attract more investment from the US, especially in finance, Prime Minister Nguyễn Xuân Phúc told former US Treasury Secretary Timothy Geithner, who is President of Warburg Pincus, during a reception in Hà Nội yesterday. Prime Minister Nguyễn Xuân Phúc (R) receives former US Treasury Secretary Timothy Geithner, who is President of Warburg Pincus in Hà Nội yesterday.- VNA/VNS Photo Thống Nhất The PM congratulated Warburg Pincus on reaching financial investment deals with VinaCapital Fund and affirmed that Việt Nam wanted major foreign investors to become strategic partners in equitised firms in the country.  The Vietnamese business environment keeps improving while the macro-economy and socio-political environment have been … [Read more...]

Vietnam is now boosting its science and technology efforts for sustainable development, as the majority of its technology is outdated. The new Law on Technology Transfer passed by the National Assembly in June 2017 provides new policies to settle some of these issues. Tran Nam Long, attorney at law and director of Viet-A Intellectual Co., Ltd., offers his insights into the most remarkable aspects of the law. The Law on Technology Transfer 2017 (TT Law 2017), coming into effect on July 1, 2018, provides solutions for three main matters: A movement has appeared which transfers outdated and polluting technology and equipment at a low price point into Vietnam, which causes environmental damage and long-term health issues. Vietnam’s lawmakers sent a strong message to quickly resolve this issue through a series of provisions. The TT Law 2017 … [Read more...]

Sandra Scagliotti (middle) (Source: VNA)    Rome (VNA) – Director of the Centre for Vietnam Studies in Turin of Italy Sandra Scagliotti debuted her Italian-language book entitled “Il Banco Di Sabbia Dorata. Il Vietnam e Gli arcipelaghi del Mare Orientale” (Golden sands, Vietnam and archipelagoes in the East Sea) on September 19. Published by Epics Edizioni, the book features a rich collection of articles by prestigious Vietnamese and foreign scholars about the history, geo-politics, strategy, anthropology, legality of the East Sea issue. Navigation control strategy and exploitation of resources at sea were also mentioned. In addition, the book contains highly persuasive evidence such as photos of the Nguyen Dynasty’s royal records and maps that show Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagoes belong to Vietnam. … [Read more...]

The launch of the Vietnam energy outlook report 2017 (Source: VNA)   Hanoi (VNA) – Denmark is willing to share its experience regarding technologies and products with Vietnam to help the country achieve goals of energy and sustainable growth, said a Danish official. Thomas Egebo, Secretary of State of the Danish Ministry of Energy, Utilities and Climate (MEUC), pointed out that sustainable growth, not growth, remains a challenge to Vietnam. He was speaking at a ceremony in Hanoi on September 20 to announce the energy outlook report for Vietnam in 2017. The report is an important product that orients energy development in line with economic growth, environmental protection and energy security in Vietnam, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong. This is one of the most remarkable cooperation outcomes between … [Read more...]

Vietnam has about 3 million AO victims, of whom 320,000 and their children are entitled for State’s support (Source: VNA)   Hanoi (VNA) –The Ministry of Labour, Invalids and Social Affairs (MoLISA) and the Vietnam Association of Victims of Agent Orange (AO)/dioxin (VAVA) inked an agreement in Hanoi on September 20 to further their coordination in supporting AO victims and protecting their rights and interests. The coordination will focus on communications work to accelerate the implementation of policies towards AO victims and joint efforts to take care of AO victims at rehabilitation and welfare centres. Between 2017-2020, the two sides will work together to provide vocational training and generate jobs for AO victims, helping them gain stable incomes and integrate into society, while expanding external activities to raise international community’s … [Read more...]

Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises. (Photo: dangcongsan.vn) Hanoi (VNA) - Financial leasing institutions are the lastest solution to resolve capital shortages of local businesses, especially small- and medium-sized enterprises (SMEs). Financial leasing has been a popular channel to mobilise capital globally, with total revenue of up to 1 trillion USD per year. Financial leasing is a credit activity in the mid-and-long-term through the leasing of machines, equipment, transport vehicles and other assets, such as office buildings. In the United States, 80 percent of firms, ranging from SMEs to large companies on the list of Fortune 500, have leased some of their machines and equipment used in production and trading. In addition, over 30 percent of total equipment was provided through financial leasing contracts. In … [Read more...]

The forum will include a meeting on women and economy-related policy partnership in APEC.  At the upcoming dialogue, ministers will recommend incentives for women’s participation in the economy and submit them to the APEC Summit in November.  The forum will feature three main events, namely the meeting on policy partnership on women and the economy on September 26 and 27, the public-private dialogue on women and the economy on September 28, and the high-level policy dialogue on women and the economy on September 29. There will also be seven fringe events, including conferences, workshops, and cultural shows.  Pham Ngoc Tien, Director of the Gender Equality Department of the Ministry of Labor, Invalids, and Social Affairs said, “This year’s WEF topic will contribute to APEC’s joint efforts and realize the recommendations made last year. We hope that a ministerial statement on women and the economy the will be approved, … [Read more...]

Party General Secretary Nguyen Phu Trong donates money to support victims of storm Doksuri. (Photo: VNA) Hanoi (VNA) – Party and National Assembly leaders joined people nationwide in donating money to buy relief for victims of storm Doksuri in the central region. Party General Secretary Nguyen Phu Trong, former Party General Secretaries Le Kha Phieu and Nong Duc Manh, and staff of the Party Central Committee’s Office contributed over 400 million VND (17,600 USD) to the fund on September 20. The same day, the trade union of the National Assembly (NA) Office also launched a fund raising campaign for storm-hit localities. NA Chairwoman Nguyen Thi Kim Ngan and many officials from the NA Office have responded to the campaign. The Vietnam General Confederation of Labour (VGCL) also called on its officials and labourers nationwide to support storm … [Read more...]

At the event (Source: VNA)   Hanoi (VNA) – The APEC Women and the Economy Forum 2017 is scheduled to take place in Hue city, the central province of Thua Thien-Hue, from September 26 to 29, aiming to enhance women’s integration and economic power in a changing world. Deputy Minister of Labour, Invalids and Social Affairs Dao Hong Lan said at a press conference in Hanoi on September 20 that the forum aims to contribute to APEC’s joint efforts and continue implementing the recommendations on economic efficiency integration, finance and society, and women’s empowerment, which APEC leaders made in 2016. The forum will help with the realisation of APEC 2017’s priorities for the sake of sustainable, innovative and inclusive growth, she noted. It will feature three main events, namely the meeting on policy partnership on women and the … [Read more...]