105 tech place

Australian enterprises, participating in the Australia-Vietnam Energy Transition Business Forum held in Hanoi on Tuesday, said they are willing to help Vietnam develop systems and equipment to produce large energy-storage batteries domestically to reduce their prices. At the forum jointly held by the Australian Trade and Investment Commission (Austrade), the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade, and the Vietnam Electricity Group (EVN), the energy transition of the two countries and Australia’s new energy technology and solutions were introduced. The event was among those to celebrate the 50th anniversary of the diplomatic relations between Vietnam and Australia. Building energy storage systems in Vietnam Renewable energy needs large storage equipment which meets safety standards and is eco-friendly. A typical solution in Australia is the energy storage battery. This is a feasible solution to optimize the renewable energy … [Read more...] about Australian firms willing to transfer energy-storage battery tech to Vietnam

The CEO and Regional Head, Client Coverage, Americas, Standard Chartered, shared his view on Vietnam's significance for US businesses and why Vietnam is potential for foreign investors. Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective industrial nation. Firms and investors looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated on its opportunities. Steven Cranwell, CEO and Regional Head, Client Coverage, Americas, Standard Chartered. Photo: Standard Chartered In recent years, Vietnam has benefited from the trade tensions between the US and China. With US companies adopting a ‘China plus one’ approach to their supply chains, the percentage of exports from Vietnam to the US has risen by approximately nine percent between 2018 and 2021. It is, however, important to note that Vietnam has been an alternative to China … [Read more...] about The significance of Vietnam for US businesses and why they should take notice: Standard Chartered

Science, technology, and innovation play a crucial role in improving labor productivity, competitiveness, and the socioeconomic development of any country. Women's access to and participation in science, technology, engineering and mathematics (STEM) will create more opportunities for them to equally benefit from advances in science and technology while protecting themselves from the challenges of the 4.0 technology era. Australian Ambassador to Vietnam Andrew Goledzinowski made the statement at an international forum on "Women, Cybersecurity and STEM" held in Hanoi today [March 29]. At present, the concept of society on a digital platform is very familiar to people, but he said there are also negative discussions and comments. Australian Ambassador to Vietnam Andrew Goledzinowski makes a speech at the forum. Photo: The Vietnam Women's Union Therefore, in terms of gender equality, it is necessary to pay attention and come up with practical … [Read more...] about STEM Education: Opportunities for women’s mastery of science and technology

Hanoi city has applied innovations which help improve productivity and products’ quality as well as assist businesses in developing intellectual property assets. Science and technology activities of Hanoi have made important contributions to the city’s politics-security as well as socio-economic and cultural development. Workers at Hanwha Aero Engines factory in Hanoi, the first large-scale aircraft engine parts and components manufacturing facility in Vietnam. Photo hanoimoi.com.vn In the 2015-20 term, the department has implemented socio-economic growth programmes and plans along with the Central Party Committee’s resolution on science and technology development. It has created an open, favourable, transparent and effective legal environment for science and technology development, he said. According to director Son, since 2015, the city has completed 346 science and technology projects, more than 85 percent of which have been applied in practice, … [Read more...] about Hanoi makes impression in science and technology

Speaking at the ceremony, Dang Quoc Van, Deputy Director of the provincial Department of Culture and Sports, acknowledged that the sets of lithophone hold precious musical values, presenting cultural life of ethnic groups in the province. After the reception, the sets were handed over to the provincial museum for display and further preservation. Besides, the museum will study and compile a dossier to recognize the instruments as national treasures. In 1977, in Doc Gao (To Hap, Khanh Son district), a man named Bo Bo Ren discovered 12 pieces of stones in different sizes and shapes which could produce musical notes when hit. Afterwards, archaeologists unearthed and discovered more tools used to make lithophone, stone axes, stone hammers, etc. Based on the artifacts discovered, they concluded that the set of lithophone dated from 2,000 to 5,000 years ago. In 1979, information about Khanh Son lithophone was officially made public, both at home and abroad. Since then, lithophone has … [Read more...] about Ancient lithophones return to Khanh Hoa

In 2008, the US investment bank Bear Stearns, on the verge of collapse, had to be rescued by J.P. Morgan. This marked the beginning of the global financial crisis of 2008, which sent the global economy into a deep recession and caused significant economic damage, including massive employment losses. Patrick Lenain, senior associate at the Council on Economic Policies Today, several banks are once again in trouble. As of March 22, four large banks were in distress. Silicon Valley Bank (SVB), a $212 billion US bank specialising in tech startups, collapsed when it was unable to meet deposit withdrawal requests and had to be taken over by federal regulators. A few days later, Signature Bank, another midsized US bank with assets of $110 billion, also suffered a severe liquidity crisis and was seized by federal regulators. This was followed by First Republic Bank with assets of $205 billion, which was hit by rating downgrades and a tumbling share price and had to be … [Read more...] about Developments for Vietnam to watch in midst of bank crisis

Sakura trees and branches will be exhibited in downtown Hanoi at the Japanese Culture Exchange Festival. (vietnamplus.vn) The event, which will take place at Ly Thai To Garden byHoan Kiem lake, aims to celebrate the 45th anniversary of Vietnam–Japan diplomatic ties this year. The event also includes various cultural exchanges, such as the introduction of the Japanese tea culture, chess, Kendama folk games and Japanese cuisine at nearby Hanoi Children’s Palace, besides a Yosakoi dance performance by 15 teams on Dinh Tien Hoang and Ly Thai To streets. The event will also host various Vietnamese traditional arts such as ca tru (ceremonial singing), hat xam (blind busker’s singing) and folk dances. Further, the Hanoi authorities and Japanese partners will hold a meeting to discuss tourism, health, education and economic investment. More than 20 food stalls will be installed at nearby Hanoi Children’s Palace to introduce Vietnamese and Japanese food between March 23 and 25. … [Read more...] about Japanese cultural festival to open on March 23

Bangkok (VNA) - The Thai government will fully support this year's Songkran Festival , which takes place from April 13-15, with 17 – 20 million people expected to travel around the country next month. According to Government spokesman Anucha Burapachaisri , Prime Minister Prayut Chan-o-cha had ordered state agencies to prepare grand events for the holiday. The expected number of tourist represents a significant increase from the COVID-19 pandemic period. Anucha said the government has launched campaigns to encourage people to enjoy trips and travel during public holidays between now and September under the Tourism Authority of Thailand's "Visit Thailand Year: Amazing New Chapters" scheme and such campaigns as We Travel Together, Wonder Deal and Secret Code 365. To ensure safety, visitors are encouraged to install the "I Lert U" smartphone application, which allows users to report issues and request assistance. Moreover, it locates the caller and sends help using the … [Read more...] about Thailand expects 17-20 million travelers during Songkran Festival

Bank Indonesia Governor Perry Warjiyo speaks at a high-level seminar entitled ‘From ASEAN to The World’ and themed ‘Payment System in the Digital Era’ in Badung, Bali on March 28, 2023. (Photo:ANTARA) Jakarta (VNA) – The ASEAN Central Bank Deputies Meeting (ACDM) took place on March 28 in Indonesia to discuss the priority economic deliverables (PEDs) in 2023. The meeting was held as part of the first Meeting of the ASEAN Finance Ministers and Central Bank Governors (AFMGM), which is taking place from March 28 to 31, 2023. The event saw the participation of deputy governors and central banks’ representatives from nine member states, namely the Monetary Authority of Singapore, the Central Bank of Malaysia (BNM), the Bank of Thailand (BOT), the Bangko Sentral ng Pilipinas (BSP) of the Philippines, the Bank of the Lao PDR (BOL), Brunei Darussalam Central Bank (BDCB), the National Bank of Cambodia (NBC) and the State Bank of Vietnam (SBV). Speaking at the opening ceremony, … [Read more...] about Central banks in ASEAN discuss economic priorities

A vehicle loaded with Vietnam ese goods goes through  Ma Thu Lang Border Gate to enter China .(Photo: VNA) Hanoi (VNS/VNA) - The Ministry of Industry and Trade (MoIT) is seeking public comments on a legal draft amending Decree No. 14 on cross-border commercial activities. The draft aims to plug some loopholes that have been exploited by traders to disguise their commercial activities as cross-border individual transactions (CITs). It is also part of the government's efforts to promote the movement of goods via official channels, putting an end to trade bottlenecks at border gates. The draft stipulates that traders who engage in commercial activities at auxiliary border gates or border crossing points must do so at the gates or points approved by provincial authorities. The traders and their companies are also required to carry a valid passport or equivalent papers while doing the trade. Vehicle drivers, in addition to the papers, are required to have a valid … [Read more...] about Ministry proposes draft on cross-border trade