The 1 million tonne Thi Vai LNG terminal is the first and largest LNG terminal in Vietnam. (Photo: VNA) Hanoi (VNA) – In the first nine months of this year, the State budget contribution and the pre-tax profit of the Vietnam Oil and Gas Group ( Petrovietnam ) exceeded the targets it set for the whole year. The group’s state budget contribution and the pre-tax profit were estimated at 102.4 trillion VND ( 4.2 billion USD) and 42.5 trillion VND, exceeding the yearly targets by 31% and 22%, respectively. Illustrative photo (Photo: VNA) The group’s nine-month gas output reached 5.76 billion cubic metre, 11% higher than the planned volume for the period and accounting for 72.1% of the figure planned for the whole year. It produced 17.55 billion kWh, exceeding 1.2% of the plan, up 45.6% over the same period in 2022, and 1.3 billion tonnes of nitrogen, exceeding 5.2% of the plan but down 4.8% year on year. Petrovietnam’s nine-month revenue reached 643.2 trillion VND, … [Read more...] about Petrovietnam exceeds yearly targets for State budget contribution, pre-tax profit
Attendance 2023 daytona 500
Businesses compelled to venture into digital space
Some of the biggest telecoms groups know that going digital will help claw back disinterest in more traditional areas Bui Anh Tuan, deputy head of Viettel Telecom’s IT Solution and Digital Service Centre, and his team are preparing to introduce new digital platforms to meet growing demand in the local smart home market. “We are developing new products, platforms, and services for smart homes such as fire alarm services connecting to security units, security services, and maid services, which are expected to come to the market by end-2023, or early 2024,” he told VIR. Smart homes are one of the businesses that Viettel has developed in the past two years in an effort to offset losses from its traditional business lines. One of its products being the Home Camera, an AI smart security camera solution, which is now found in 300,000 households. Meanwhile, its TV360 app boasts around 10 million users. Tuan said that like other mobile network operators, Viettel faced drops in … [Read more...] about Businesses compelled to venture into digital space
Viglacera has attended the renowned Cersaie 2023
VGC made history as the first Vietnamese firm to exhibit at Cersaie in 2022, and this year will feature alongside renowned global brands like RAK Ceramics, Kale, or Halcón Cerámicas, setting itself apart from other Asian vendors. The booth will feature an array of standout tile products under the Viglacera brand, attracting the attention of a diverse audience, including customers, business leaders, and experts from various fields within the construction industry, from around the world. VGC's participation at Cersaie 2023 goes beyond mere product display, as it signifies the company's strategy to challenge existing standards and revolutionise the construction materials sector. VGC's commitment is to bring Vietnamese-made products shoulder to shoulder with the leading manufacturers of Europe. Viglacera's products have firmly established their presence in major markets such as the US, the UK, Germany, Italy, South Korea, Taiwan (China), and Australia. With nearly … [Read more...] about Viglacera has attended the renowned Cersaie 2023
Over 1,500 OCOP commodities displayed at the Hanoi Agricultural Products Festival 2023
The event runs through October 1 at the Soc Son District Stadium in Hanoi. The Hanoi Agricultural Products Festival in 2023 is showcasing over 1,500 brands of safe farm produces , processed foods, traditional handicrafts, and typical commodities of the One Commune One Product ( OCOP ) program from Soc Son District, Hanoi, and 30 provinces and cities nationwide. A local consumer is shopping at the fair. The products at the festival are organic and high-tech, with full packaging and traceability labels. Speaking at the opening ceremony of the event, Bui Duy Quang, Deputy Director of the Hanoi Promotion Agency (HPA), said that the event is an opportunity for businesses to promote their brands, add value to products, contribute to the preservation of traditional crafts, rural community spaces and natural products while preserving local cultural and tourism traditions. "It also aims to facilitate trade links and product sales, increase the value of … [Read more...] about Over 1,500 OCOP commodities displayed at the Hanoi Agricultural Products Festival 2023
Vietnam attends Global Entrepreneurship Congress 2023
The congress (GEC) was organised by the Global Entrepreneurship Network, gathering thousands of delegates and senior leaders from more than 170 countries to connect and share experience to create a unified and strong global innovation startup ecosystem. At GEC, Minister of Science and Technology Huynh Thanh Dat introduced the dynamic and highly open innovation startup ecosystem in Vietnam to attract international attention and resources, including those from Vietnamese overseas. “The Ministry of Science and Technology focuses on connecting the bilateral innovation startup ecosystem with other countries, hosting many international events, and implementing initiatives to promote cooperation between the innovation startup community and organisations,” he said. He added that activities such as promulgating specific policies, setting up innovation startup advisory networks, and connecting ecosystems at all levels have being strengthened and consolidated. According to the … [Read more...] about Vietnam attends Global Entrepreneurship Congress 2023
PNJ cloud computing strategy wins at Asian Technology Excellence Awards 2023
PNJ has won a Vietnam Technology Excellence Award in the Cloud-Retail category at the Asian Technology Excellence Awards 2023 hosted by Asian Business Review. — Photo courtesy of the company Phú Nhuận Jewellery Joint Stock Company (PNJ) has won a Vietnam Technology Excellence Award in the Cloud-Retail category at the Asian Technology Excellence Awards hosted by Asian Business Review. The Asian Technology Excellence Awards honour the most outstanding technological projects and innovations, and recognise exceptional companies that are riding the digital disruption wave to lead digital transformation journeys in their respective industries. The awards are judged and given on a country-level basis. PNJ has developed a cloud computing strategy to meet the needs of its retail operations, especially during peak season, and to get closer to its customers to provide a more complete, multi-faceted and seamless shopping journey. Using the most advanced cloud platform solutions, the … [Read more...] about PNJ cloud computing strategy wins at Asian Technology Excellence Awards 2023
6 Vietnam companies with exemplary technology environments in 2023
This is the first year the CTO Summit Technology Leadership Conference has been organized at the annual AI event to honor enterprises with a technology-rich working environment. WD, Heineken, VNPT, FPT's representatives receive the award as the best technology environment enterprises at Vietnam Artificial Intelligence Day 2023 on September 22, 2023. Photo by VnExpress/Quynh Tran Launched in mid-July, the award received more than 50 nominations and 17 were shortlisted for the next round. FPT FPT is one of the pioneering enterprises in technology and digital transformation in Vietnam. The company has representative offices in 29 countries and territories. The group has invested trillions of dong to create comfortable office complexes and offices with utility ecosystems to meet employees' demand for working, entertainment, studying, and accommodation. One of FPT's unique cultures is the core staff training program, which helps young talents enhance their skills … [Read more...] about 6 Vietnam companies with exemplary technology environments in 2023
Intel Tech Camp 2023 opens in HCM City
Young people try technologies at Intel Tech Camp 2023. The exhibition is organised in HCM City this weekend. — VNS Photo Thu Ngân A large technology and gaming exhibition, Intel Tech Camp 2023, opened in HCM City on Saturday, and is expected to welcome thousands of technology lovers over two days. Open until 9pm each day at Hoa Lư Stadium in District 1, Intel Tech Camp 2023 gathers 30 brands and agencies, bringing many advanced technologies and game devices to customers. Visiting the event, customers will enjoy many technology shows and seminars brought by Intel as well as other technology brands. Winning works from the Intel Creative Fest 2023, a competition for professional and amateur creators, are also displayed during the exhibition. This year, the competition attracted 3,500 creations. At the event, Intel also has an area for visitors to directly experience the Intel Unison application on laptops that meet Intel EVO standards. Launched by Intel in September last … [Read more...] about Intel Tech Camp 2023 opens in HCM City
Hanoi Deputy Party Chief visits Vietnam Design Week 2023
The closing and awards ceremonies will be held at the Temple of Literature on September 29. The 4th VietNam Design Week 2023 was inaugurated on September 26 in the Thai Hoc courtyard of the Temple of Literature, in the presence of Deputy Secretary of the Hanoi Party Committee Nguyen Van Phong. Deputy Secretary of the Hanoi Party Committee Nguyen Van Phong attends the event. Photo: Hanoimoi Newspaper Nguyen Van Phong encouraged the organizers, designers and models, adding that Hanoi has been a member of the UNESCO Creative Cities Network since 2019. Therefore, Vietnam Design Week 2023 should be held annually to promote travel and understanding of this important field, he stressed. "The organizing committee should develop ideas based on the themes of Hanoi's thousand years of civilization, creative city and community engagement," he added. Le Xuan Kieu, Director of the Center for Cultural and Scientific Activities of the Temple of Literature, … [Read more...] about Hanoi Deputy Party Chief visits Vietnam Design Week 2023
Techconnect and Innovation Vietnam 2023 to begin later this week
Co-hosted by the Ministry of Science and Technology and Quang Ninh People’s Committee, the event will feature between 200 and 250 booths and is expected to attract around 7,500 on-site visitors, with about 10,000 attending online. The demonstration area will be of interest to educational institutions and high-tech investors, particularly foreign invested enterprises seeking to introduce their technology to Vietnam. Vietnamese-based firms will have the opportunity to connect with domestic and foreign enterprises about technology transfer, and there will be activities promoting investment cooperation in research and development between Vietnamese and overseas partners. The technology on display will include innovative textiles, smart footwear, and microchips, along with solutions for green energy, waste material management, and supply chain concerns. In addition, there will be new approaches to wind, solar, and biomass power on display, with booths featuring the latest … [Read more...] about Techconnect and Innovation Vietnam 2023 to begin later this week