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Workers of a garment company in HCM City. The sustainability requirements pose challenges for Viet Nam’s fashion industry but there are opportunities from the transition to more sustainable and circular models. — VNA/VNS Photo Hong Dat Greening the garment and textile production is no longer an option for the multi-billion-dollar industry but a must in the context of increasing requirements for sustainability around the world, experts said. Many garment-importing countries were taking action for sustainable and circular textiles. The European Commission was calling for an end to fast fashion by 2030 with the Strategy for Sustainable and Circular Textile which set eco-design rules, starting with textiles. Accordingly, by 2030 textiles placed in the EU, the world’s largest market for garment products, should be long–lived and recyclable. “There is no other way for the garment and textile industry of Viet Nam if it does not want to be excluded from the global game,” Le Tien … [Read more...] about Sustainability requirements pose new challenges to garment, textile industry

The event, entitled “Offshore Renewable Energy: Opportunities and Challenges to Green Transition,” drew the virtual and in-person participation of more than 200 domestic and foreign experts. It was jointly organized by the Diplomatic Academy of Vietnam (DAV) and the Konrad Adenauer Stiftung Foundation (KAS). In his remarks, Assistant to Foreign Minister Nguyen Minh Vu expressed optimism about the development of renewable energy in general and wind power in particular. In the long term, offshore wind power will be cheaper than current fossil fuel-based energy sources, he said, adding that other types of offshore renewable energy are also becoming indispensable elements of the modern, blue economy. Vietnam is committed to joining the common effort of mankind to promote clean energy, as demonstrated through its commitments at the 26th U.N. Climate Change Conference of the Parties (COP26) and the Just Energy Transition Partnership (JETP), the official said. Vietnam is an attractive … [Read more...] about Ocean dialogue discusses offshore renewable energy potential

Le Huu Minh (L), deputy managing director of Volkswagen Vietnam, and Trinh Bang Vu, head of the retail lending division at Shinhan Bank Vietnam, at the signing ceremony for the preferential lending programme for buyers of Volkswagen cars on March 23. — Photo courtesy of the bank Shinhan Bank Vietnam Limited has partnered with Trend Motor Vietnam Co., Ltd to launch a preferential loan programme exclusively for people buying Volkswagen cars that provides financing of up to 80 per cent of the value of a new vehicle. Customers who borrow to buy the German carmaker’s Touareg, Teramont, Tiguan, T-Cross, and Polo models get the loan interest-free for the first six months and at a fixed rate of 10.9 per cent a year for the remaining 54 months. They can opt for terms in line with their financial ability, with maximum financing of 80 per cent of the price and loan tenure of up to eight years. The programme will be in effect at all dealers across the country until June 30, 2023. … [Read more...] about Shinhan Bank Vietnam offers special programme for Volkswagen buyers

VUSTA Chairman Phan Xuan Dung said that at the first congress of the Vietnam Association for Science and Technology Dissemination, the predecessor of VUSTA, on May 18, 1963, then President Ho Chi Minh talked to and assigned tasks to the country’s intellectuals. Twenty years later, on March 26, 1983, VUSTA was established with Labor Hero, Professor and Academian Maj. Gen. Tran Dai Nghia, a prominent scientist of Vietnam, being the first chairman. Since then, VUSTA has increasingly affirmed its important role in uniting and bringing into play the creativity of Vietnamese science and technology intellectuals both at home and abroad, thus substantially helping promote the country’s scientific and technological strength, boost socio-economic development, and contribute to defense - security safeguarding. From the 15 initial associations with a modest membership, VUSTA now comprises 156 associations, including 63 local association unions and 93 associations, with over 2.2 million … [Read more...] about Intellectuals form important force for social development: Party leader

The episode named “Two hearts beat as one,” was handed over to the Cuban side by a delegation of the Vietnamese Ministry of National Defense at the headquarters of the Cuban ministry in La Habana capital and screened at the ceremony on March 20. Speaking at the event, Three-star General Alvaro Lopez Miera, Minister of the Revolutionary Armed Forces, and Two-star General Victor Rojo Ramos, Chief of the Political Directorate of the Revolutionary Armed Forces of Cuba, highly valued the quality of the episode, affirming that the episode honestly featured the history and had a profound content and educational significance for the two peoples and militaries. The two Cuban officials underlined the special political meaning of the documentary film and hoped that the remaining episodes will soon be completed. The documentary film is one of the five products of the dossier about the 60-year history of defense relations between Vietnam and Cuba. For the Vietnamese part, Senior Lieutenant … [Read more...] about Vietnam, Cuba enhance cooperation in historical memory preservation