Addressing the event, Senior Lieutenant General Pham Hoai Nam, Deputy Minister of National Defense, highly appreciated achievements of the corporation over the past 60 years. In the context of new requirements of the military’s construction and defense industry’s development, General Nam suggested several orientations on business and manufacturing strategies and required the corporation’s leadership to study measures to implement. He urged the company to enhance product promotion and exports in the time to come, especially for defense industry goods. At the event, on behalf of the State President, General Nam presented the second-class Military Exploit Order to the corporation’s leadership. Translated by Trung Thanh … [Read more...] about Defense corporation marks foundation day
60 years of marriage
Parents faced with financial burden on textbook purchasing for new school year
Mô Choosing textbooks for children in Hai An Bookstore in District 1 of HCMCảnh This situation is common in many schools around HCMC. Although teachers have said that the school does not force its students to buy workbooks, many parents admitted they do not know which items are compulsory, so it is safer to buy all in case their children need them. Some bookstores in HCMC separate the pack for formal textbooks from that for workbooks, and they even offer individual books for sale. But others compile these books into one large pack and force people to buy all, even with a discount of 5 percent. Parents, who are usually uncertain of which books are necessary, decide to buy all of them for fear that when they truly need the books, they cannot find these books for sale anymore. Receiving the report on several schools selling textbooks with workbooks and learning tools, Head of Binh Tan District Education and Training Division Ngo Van Tuyen responded that the registration form … [Read more...] about Parents faced with financial burden on textbook purchasing for new school year
R&B singer R. Kelly sentenced to 30 years in prison in sex case
The sentence was imposed nine months after Kelly, 55, was convicted of racketeering and sex crimes, in a trial that amplified accusations that had dogged the singer of the Grammy-winning hit "I Believe I Can Fly" for two decades. U.S. District Judge Ann Donnelly in Brooklyn federal court said the evidence reflected Kelly's "indifference to human suffering" and "sheer brutality" toward his victims. "This case is not about sex. It's about violence and cruelty and control," Donnelly told Kelly. "You left in your wake a trail of broken lives." Kelly, whose full name is Robert Sylvester Kelly, is among the most prominent people convicted of sexual misbehavior during the #MeToo movement against such conduct by prominent men. He did not speak during Wednesday's hearing, but has repeatedly denied sexual abuse accusations. After the sentence was read, his lawyer, Jennifer Bonjean, told reporters Kelly was "devastated" by the sentence but that he would appeal. "Thirty years in prison … [Read more...] about R&B singer R. Kelly sentenced to 30 years in prison in sex case
Vietnam’s 6-month agro-forestry-fishery exports up 13.9% year on year, US largest importer
Vietnam’s agricultural, forestry, and fishery exports in the first half of this year reached nearly US$28 billion, a remarkable rise from a year earlier, with the U.S. being the biggest importer, according to the Ministry of Agriculture and Rural Development. In a recent report, the ministry said the total export value of the three categories amounted to about $27.88 billion in the year to June, registering a 13.9 percent increase from the same period last year, with the U.S. topping the list of major purchasers, followed by China and Japan. In bringing into play this encouraging export recovery from the COVID-19 pandemic, the agency has set a goal to earn a total export turnover of $55 billion for the whole 2022, translating to a $5 billion excess over the year’s target set by the government. The export value of this year’s first half included some $11.37 billion from agricultural commodities (up 8.8 percent year on year), $9.1 billion from forest products (up three percent), … [Read more...] about Vietnam’s 6-month agro-forestry-fishery exports up 13.9% year on year, US largest importer
SCIC has no plans to divest from large enterprises this year
Sabeco's beer production line. The beverage producer is not on the divestment list of SCIC this year. — Photo courtesy of Sabeco In 2022, State Capital Investment Corporation (SCIC) is expected to divest from 101 member companies. In the list of divestments this year, large enterprises such as Tien Phong JSC, Bao Viet Group, Sabeco, Vinatex and FPT Corporation, are not mentioned. However, it does include many notable companies, including Hai Phong Thermal Power JSC, Binh Minh Plastic JSC, Vinaplast Corporation, Seaprodex, EVN TPC Quang Ninh, Viettronics Corporation, CoTraco Quang Ninh, Vinacontrol, FICO, Thang Long JSC, VIWASEEN, and Licogi. Recently, SCIC divested from Vinh Long Real Estate JSC, Saigon Machinery Spare Parts JSC, Thang Long JSC, and Ben Tre Construction Material JSC. Of which, the auction of Thang Long JSC’s shares could not take place due to a lack of investors. Promoting auctions of companies SCIC will auction a lot with a volume of more than 2 million … [Read more...] about SCIC has no plans to divest from large enterprises this year
Viet Nam’s GDP hits 10-year high of 7.72% in Q2
Nam Hai Port in the northeastern city Hai Phong. — VNA/VNS Photo An Dang The Vietnamese economy expanded at 7.72 per cent in the second quarter of this year, the highest rate in the same quarters in the last 10 years, the General Statistics Office (GSO) reported at a press conference on Wednesday. The figures for the same quarters in the last three years of 2019, 2020 and 2021 were 7.1 per cent, 0.52 per cent and 6.73 per cent, respectively. In Q2 this year, the agriculture-forestry-fishery sector increased 3.02 per cent, contributing 4.56 per cent to the overall growth of the economy. The industry and construction sector was up 8.87 per cent, making up 46.85 per cent, while the service sector rose by 8.56 per cent, contributing 48.59 per cent to the general GDP growth, Huong said. Regarding GDP use, final consumption expenditure increased by 7.32 per cent over the same period last year; accumulated assets rose by 4.57 per cent; exports of goods and services surged 12.33 … [Read more...] about Viet Nam’s GDP hits 10-year high of 7.72% in Q2
HCMC proposes route to Vietnam’s largest port
In a statement sent to the Ministry of Transport on Wednesday, the city's Chairman Phan Van Mai said the proposed route would link Tan Cang-Cat Lai Terminal, Vietnam's busiest container port, with HCMC – Long Thanh – Dau Giay Expressway and Ring Road No.3. It will also run to Phu Huu Port that is three kilometers from Cat Lai. The route is to better serve cargo shipment and ease traffic jams in the area, the statement read. It will stretch six kilometers in length, 60 meters in width to have 12 lanes that allow vehicles to move at 60 kph. Along the road, there would be a viaduct and an elevated section. Once completed, trucks could run all the way between the terminal, the largest and most modern international container port in Vietnam that spreads over 160 hectares, and HCMC- Long Thanh - Dau Giay Expressway and Ring Road 3 without being stuck in traffic jams. In order for the road to take shape, HCMC will need to clear a total area of 59 hectares. Ring Road No. 3 is still … [Read more...] about HCMC proposes route to Vietnam’s largest port
Vietnam’s travel firms see explosion of summer tours
Although the summer holiday has just started, travel firms and agents have already completed 60-70 percent of their business plan while air carriers have also increased their flights to meet high travel demand. However, travel firms and agents are facing new difficulties: increasing tour prices because of rising fuel prices and a shortage of human resources. Millions of tourists ready for their trips Tran Quoc Bao, deputy director of Saigontourist Travel Company, said the company has expected to serve more than 280,000 tourists this summer. The number of tourists will be higher as tourist demand at home and abroad is surging. Three-to-eight-day domestic tours offered by Saigontourist are available nationwide. The most popular ones are tours of beaches, tours of northeastern and northwestern regions, 'green' tours, and community tours. “As summer is the peak season, we have prepared financial and human resources to diversify and better our services to meet market … [Read more...] about Vietnam’s travel firms see explosion of summer tours
EDPR acquires two solar projects in Vietnam
The projects are located at the Thuan Bac District of Vietnam, having started operations in 2020 under a 20-year PPA at US$93.5/MWh. This transaction is expected to establish a long-term relationship between Xuan Thien Group and EDPR to jointly explore additional opportunities in the region contributing to accelerate EDPR growth prospects in APAC. With this transaction, EDPR doubles its operational capacity in Vietnam, strengthening its presence in the APAC region, a market where it entered in 2021 and has been since reinforced with the integration of Sunseap in February 2022. The transaction is subject to regulatory and other customary precedent conditions. Hyperion Investment Advisory Limited was Xuan Thien's advisor in the transaction. EDPR completed its S$1.1 billion acquisition of Sunseap Group earlier this year, establishing a clean energy hub for the Asia Pacific region that is headquartered in Singapore. EDPR expects to invest up to S$10 billion in the region … [Read more...] about EDPR acquires two solar projects in Vietnam
Ly Hoang Ly solo exhibition adds to artistic vitality in Hanoi
Artworks of talented Ho Chi Minh City-based artist is on display at Manzi Art Space in Hanoi. “The dreamer: heterotopia, tabula rasa, noble silence” is a solo exhibition by Ly Hoang Ly as part of her ongoing project 0395A.ĐC. Ashes (2013)- an artwork of Ly Hoang Ly made from a hybrid of cow bone ash & remnants, iron and ceramic. Photo: The Factory Contemporary Arts Centre Over ten years ago, Ly Hoang Ly officially commenced her project “0395A.ĐC”. Now the year 2022 marks the second time she presents it in Vietnam. According to Bill Nguyen, the curator of the exhibition, spanning over a decade of Ly’s career, “0395A.ĐC” is a multilayered living body of work consisting of text, painting, sculpture, photography, artistic book, video art, installation art, performance art, architecture and public art. From a seed of an idea to an ever-evolving project now, “0395A.ĐC” continues to grow alongside the artist’s ongoing inquiry into the notions of home, … [Read more...] about Ly Hoang Ly solo exhibition adds to artistic vitality in Hanoi