The event was attended by Chief of the Vietnam Coast Guard Major General Le Quang Dao, among others. The establishment of the Military Intelligence and Reconnaissance Division marked the new height of the Vietnam Coast Guard Command in general and its Staff in particular, on the occasion of the Vietnam Coast Guard Command’s 25th anniversary of its foundation day. Meanwhile, it also helps the Staff of the Vietnam Coast Guard grasp situations at sea early and from afar, meeting all task requirements of protecting the national sovereignty over sea and islands in the current context. Addressing the event, Major General Le Quang Dao congratulated the unit on its new development, urging the General Department II of the Ministry of National Defense and functional units to create favorable conditions for the unit in both personnel and equipment, so as to meet all task requirements. He also asked the newly-established division to ensure its firm political stance, raise competence and … [Read more...] about Vietnam Coast Guard’s Military Intelligence and Reconnaissance Division established
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Winners of Qualcomm Vietnam Innovation Challenge 2023 announced
RYNAN Technologies JSC wins the first prize in the Qualcomm Vietnam Innovation Challenge 2023 for its smart insect monitoring system. — Photo courtesy of the organiser Qualcomm Technologies Inc, a subsidiary of Qualcomm Inc, has announced the top three winners of the third season of the Qualcomm Vietnam Innovation Challenge (QVIC). RYNAN Technologies JSC, which designs and makes a smart insect monitoring system, won first prize. XB Technology Company Limited won second prize with its drone delivery based on cellular connectivity, and Benkon Corp, with its energy saving solution for air conditioners, won third prize. They won cash prizes of US$100,000, $75,000 and $50,000, respectively. QVIC 2023 attracted the participation of 141 companies around the country, which was the highest number of applicants in the programme's history. A jury of experts chose 10 shortlisted companies in February this year based on unique innovation, technology differentiation and localisation, … [Read more...] about Winners of Qualcomm Vietnam Innovation Challenge 2023 announced
Former police captain jailed for robbing gold stores
Ngo Van Quoc, 39, will be jailed for eight years and three months, a court in Thua Thien – Hue Province announced Thursday on two charges of "asset appropriation" and "appropriating and illegally using military weapons." At around 12:30 p.m. on July 31 last year, Quoc took an AK47 rifle to the gold shops at Dong Ba Market in Hue, threatened the staff and shot at the glass shelves where gold items were displayed. He then took the gold items and threw them into the street for people to pick, shouting "Gold for the poor," according to eyewitnesses. He repeated the stunt for about 10 minutes before leaving the scene and walking along Tran Hung Dao Street in front of the market to reach Trinh Cong Son Park. As he left the market, people rushed to the scene to collect the gold. Around 2 p.m., Quoc dropped his gun and surrendered after a 15-minute negotiation with local police. At that time, he was working as a warden at Binh Dien prison in Huong Tra Town of Thua Thien-Hue. … [Read more...] about Former police captain jailed for robbing gold stores
VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs
The EV maker plans to deliver approximately 3,000 EVs to France, Germany, and the Netherlands in the fourth quarter of 2023, as the EU contemplates imposing import tariffs on Chinese EV competitors, according to a recent Reuters report. VinFast’s CEO Le Thi Thu Thuy revealed that the company anticipates introducing its VF8 models in France, Germany, and the Netherlands in Q4 this year. "Other models like the VF6, VF7, and VF9 are slated for a 2024 launch," she added. “Thuy did not indicate the number of VF8 sport utility vehicles (SUVs), but a person familiar with the matter said it would be around 3,000 vehicles, including some for Israel,” Reuters wrote. This move marks a significant growth target, with the company aiming to quadruple its European sales volume, a considerable jump from its earlier modest target of 700 EVs. The EU's stringent scrutiny of Chinese EV makers and the anticipated imposition of import tariffs could present a lucrative opening for VinFast. If the … [Read more...] about VinFast eyes Europe expansion amid potential EU tariffs on Chinese EVs
Vietnamese province halts foreign firms’ partnerships with 328 farms over environmental issues
The Department of Natural Resources and Environment of Dong Nai Province, southern Vietnam has written to four foreign-invested firms asking them to suspend cooperation agreements with 328 livestock farms as these farms have no certificates of completion of environmental protection works. Previously, the department, in collaboration with relevant agencies and local authorities, conducted inspections to assess the adherence to legal requirements for environmental protection by nearly 10,000 livestock farms and poultry facilities in the province. The four-month comprehensive review of documents and on-site inspections resulted in the discovery of 328 pig and chicken farming operations across 10 out of 11 districts and cities, excluding Bien Hoa City, holding livestock farming contracts with four foreign-invested enterprises without the necessary environmental permits. Those foreign-invested enterprises consists of C.P. Vietnam Joint Stock Company, Japfa Comfeed Vietnam Co. Ltd., … [Read more...] about Vietnamese province halts foreign firms’ partnerships with 328 farms over environmental issues
Vietnam’s Nha Trang – Lien Khuong expy proposed to be built in next 3 years
Authorities in Khanh Hoa and Lam Dong Provinces, located in Vietnam’s south-central and Central Highlands regions, respectively, have sought to develop a 103km-long expressway linking the two localities in the 2025-28 period, said a local official. The administration of Khanh Hoa recently told relevant agencies to work with a consulting unit on a proposal to develop the Nha Trang - Lien Khuong Expressway project, Nguyen Tan Tuan, chairman of the Khanh Hoa People’s Committee, said on Thursday. According to the proposal, the route would start from an intersection with the Nha Trang - Cam Lam Expressway in Khanh Hoa to the end of the Lien Khuong - Prenn Expressway in Lam Dong, with some 48km of the route in Khanh Hoa and the rest in Lam Dong. The projected end of the Nha Trang - Lien Khuong Expressway project, which will link Khanh Hoa Province in south-central Vietnam with Lam Dong Province in the country’s Central Highlands region. Photo: Tran Huong / Tuoi Tre … [Read more...] about Vietnam’s Nha Trang – Lien Khuong expy proposed to be built in next 3 years
Vietnam joins first “International TECHFEST in Australia”
The event saw the participation of Vietnamese and Australian officials and over 100 experts, investors, and investment funds from the two countries. Minister of Science and Technology Huynh Thanh Dat said that the event is an opportunity to promote the image of Vietnam's open and dynamic creative start-up ecosystem. It’s also a bridge connecting businesses and organizations with international resources around the world. Vietnam calls on overseas Vietnamese, intellectuals, entrepreneurs, technology experts, and foreign start-ups to come to Vietnam and work with Vietnamese partners to solve local and global challenges, he said, adding Australia is a potential technology and capital market. The minister said Vietnam’s start-up ecosystem in the coming time needs linkages with regional and international systems, particularly those with experiences and resources like Australia’s. At the event, innovative start-ups had an opportunity to present to Australian venture capital companies … [Read more...] about Vietnam joins first “International TECHFEST in Australia”
Just energy transition requires higher laborers’ skills: Experts
Dr. Guido Hildner, German Ambassador said that in his country, the number of employees working in occupations requiring green skills increased 56.7% to 5 million between 2012 and 2020. This shows that the energy transition is a complex and demanding process, but also provides great opportunities to the people and the economies. Noting that Vietnam has set a target of net-zero emission by 2050, the diplomat said that Germany has supported Vietnam in employment transition by training Vietnamese workers in the fields of electricity, electronics and roof-top solar power installation. Each year, tens of thousands of students are trained in 11 vocational training facilities, 79% of whom have been employed. With high labor demand, Vietnam will need long-term decisions from the State, along with the promotion of creativity and innovation in the public and private sectors, and the mobilization of public and private investment, especially in modernizing the power grid as well as increasing … [Read more...] about Just energy transition requires higher laborers’ skills: Experts
Hanoi’s US$2.8 billion fifth metro line project approved
This is one of eight metro projects planned by Hanoi to improve the city's mass transit system by 2030. The State Appraisal Council has approved the plan for Hanoi's fifth metro line, connecting Van Cao Street and Hoa Lac High-Tech Park, with a total investment of over VND65 trillion (US$2.8 billion), according to the city's People's Committee. As one of eight metro lines Hanoi plans to build by 2030 to improve the city's public transportation system and ease traffic congestion, the fifth line will facilitate fast and convenient mobility between suburban and urban areas. A rendered image of Hanoi's fifth metro line project. Photo: The Hanoi People’s Committee With a total length of 38.43 kilometers, the line will run 6.5 kilometers underground and 2 kilometers on elevated tracks. The fifth metro line will pass through seven districts. After running underground through Van Cao, Lieu Giai and Nguyen Chi Thanh streets, it will surface at Thang Long … [Read more...] about Hanoi’s US$2.8 billion fifth metro line project approved
Greening finance accelerates Vietnam’s SDG implementation
The banking sector assumes a vital role in introducing innovative financial instruments and suitable investment methodologies to enable Vietnam to achieve its net-zero emissions goal by 2050. The banking sector, as a key capital mobilization channel for the economy, is responsible for “greening” investment capital flows for Vietnam to ensure the goal of sustainable development. Overview of the conference. Source: SBV Vice Governor of the State Bank of Vietnam Pham Thanh Ha made the remarks at a conference themed “Greening the Financial Sector: Accelerating transition to a low-carbon economy in Vietnam” held today [September 21]. According to Ha, Vietnam has historically maintained very low greenhouse gas (GHG) emissions. In absolute terms, Vietnam's GHG emissions reached 364 million tons of carbon dioxide (CO2) in 2018, constituting a mere 0.8% of the world's total emissions. However, over the past two decades, the country has experienced the fastest … [Read more...] about Greening finance accelerates Vietnam’s SDG implementation