The two sides shared delight at the positive progress in the relations between the two parties and countries over the years, while discussing and agreeing on measures to strengthen the friendship and cooperation between Vietnam and China in all fields, including collaboration between the Vietnam Fatherland Front (VFF) and the CPPCC. Prime Minister Pham Minh Chinh conveyed regards from Vietnamese high-ranking leaders and VFF Central Committee President Do Van Chien to Wang, underlining that Vietnam and China have enjoyed a close neighborliness, and the two parties, countries and peoples have given each other priceless support during the past struggle for national independence and current socialism building cause. Vietnam always attaches great importance to maintaining and developing the comprehensive strategic cooperative partnership with China, taking it as a consistent, strategic and long-term policy as well as the leading priority in the country’s external policy. Prime … [Read more...] about Prime Minister meets leader of Chinese People’s Political Consultative Conference
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E.C. pledges support for Vietnam in developing sustainable fisheries
E.C. Commissioner for the Environment, Oceans and Fisheries Virginijus Sinkevičius made the remarks at a meeting with Vietnamese Minister of Agriculture and Rural Development Le Minh Hoan in Brussels on September 18. The E.C. representative also said the E.C. wants to assist the Southeast Asian nation in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated (IUU) fishing in the world. In the meeting, Hoan told Sinkevičius that Vietnam saw the yellow card of the E.C. not only as a challenge but also an opportunity for the local fisheries sector to switch from a small-scale, tropical, multi-sector, multi-species industry to a responsible and sustainable one. A comprehensive plan with specific goals and solutions has been developed and implemented across all levels, especially in coastal localities, with an active participation of authorities, organizations, fishing communities, associations, and seafood businesses. So far, with … [Read more...] about E.C. pledges support for Vietnam in developing sustainable fisheries
Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
The shipments to surveillance camera manufacturers from the company's HiSilicon chip design unit started this year, according to one of the sources, and a third source familiar with the industry supply chain. One of the sources briefed on the unit said at least some of the customers were Chinese. Huawei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. The developments indicate the Chinese tech giant is overcoming Washington's export controls, which since 2019 have barred it from obtaining components and technology from U.S. firms without approval. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. Huawei in March announced it had … [Read more...] about Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
Chip giant Synopsys to help Vietnam develop semiconductor industry
The signing took place on Sept. 18 (U.S. time) at the headquarters of Synopsys in San Francisco, California, under the witness of Prime Minister Pham Minh Chinh during his working trip. The memorandum states that Synopsys will support the Department of Information Technology and Communications Industry in creating a plan to establish a semiconductor research center. Synopsys’ technology is set to be used as samples and prototypes for semiconductor production. Nguyen Thien Nghia, deputy head of the department, said that the partnership with Synopsys allows Vietnamese engineers to be trained by one of the best chip designers in the world. Robert Li, head of sales and customer success group serving Taiwan, Southeast Asia, and India, said that his company is committed to helping Vietnam expand human resources in designing and manufacturing semiconductors. The company also signed a memorandum with the National Innovation Center under the Ministry of Planning and Investment to … [Read more...] about Chip giant Synopsys to help Vietnam develop semiconductor industry
EC pledges support for Vietnam in developing sustainable fisheries
The EC representative also said the EC wants to assist Vietnam in becoming a model of sustainable fisheries development and anti-illegal, unreported, and unregulated ( IUU ) fishing in the world. Hoan said Vietnam has clearly identified sustainable fisheries development as the key to addressing the EC's yellow card warning. He suggested that the EU quickly remove the warning for Vietnam. The Vietnamese minister also had working sessions with officials of the EC Directorate-General for the Environment and Directorate-General for Maritime Affairs and Fisheries. During the meetings, he underscored the Vietnamese Government's commitment to transforming agriculture in an eco-friendly and sustainable direction and developing a transparent and sustainable farming industry as the nation steers towards becoming a major global supplier of food products./. VNA … [Read more...] about EC pledges support for Vietnam in developing sustainable fisheries
Moody’s launches credit rating firm in partnership with Vietnam’s leading financial institutions
Moody’s Corporation, a global integrated risk assessment firm, on Wednesday announced the launch of Vietnam Investors Service and Credit Rating Agency JSC (VIS Rating), a partnership between Moody’s and leading Vietnamese financial institutions. The Vietnamese Ministry of Finance on Tuesday issued a credit rating agency license to VIS Rating that was initiated by the Vietnam Bond Market Association. VIS Rating will provide independent credit rating services to corporate issuers in Vietnam. Moody’s is the largest shareholder in VIS Rating with a 49-percent holding but VIS Rating operates independently from Moody’s. Other founding shareholders include ACB Securities Company, Dragon Capital Finance Limited, Nam A Bank Asset Management Company Limited, VNDIRECT Securities Corporation, and VPS Securities Joint Stock Company. Michael West, president of Moody’s Investors Service, a subsidiary of Moody's Corporation, said, “Moody’s recognizes the vital role that the local debt … [Read more...] about Moody’s launches credit rating firm in partnership with Vietnam’s leading financial institutions