Project funding structure The road will be 98 kilometers long - 54 kilometers in Hanoi, 23 kilometers in Hung Yen Province and 21 kilometers in Bac Ninh Province. The belt is expected to ease traffic congestion that has hampered economic development of the capital and its satellite cities. For Hanoi, this is also the road connecting Noi Bai International Airport and a second international airport in the southeast of the capital, regulating the expressway system and reducing the load on ring road 3, which connects five satellite cities in Hanoi’s urban cluster. Hanoi’s traffic infrastructure has developed significantly To ensure balanced resources, the project will combine public and private funding. The total project budget stands at about US$3.7 billion, including three sub-projects undertaken by investors with a total investment of almost US$1.3 billion. According to Vice Chair of the Hanoi City People’s Committee Duong Duc Tuan, this is a very effective and … [Read more...] about About US$3.7 billion to be invested in Hanoi’s ring road 4 construction
British vietnamese international school hanoi
Projects promoting Vietnamese fashion, young designers launched
Fashion designer Vo Viet Chung (R) and the Vietnam Design Association (VDAS) sign a cooperation agreement on organizing the Fashion Design Voices program. The program includes three projects of a reality TV show of future Vietnamese fashion designers, VietSilk International Fashion Week and Heritage Fashion Design Awards. It aims to inspire young people to promote design skills and the trading of Vietnamese fashion products, connect the fashion community, share a passion for fashion and develop the fashion designing market. Fashion designer Vo Viet Chung hoped that the cooperation will contribute to the building and development of the Vietnamese fashion industry. The program will support local fashion brands to build their business plans, and catch up with the current trends with high applicability to confidently integrate with the region, said Chairman of the VDAS Ho Tan Duong. A seminar on trends and a comprehensive view of the fashion business market 2022 is held at … [Read more...] about Projects promoting Vietnamese fashion, young designers launched
Viet Nam-Asia DX Summit 2022 opens in Ha Noi
The Viet Nam -Asia DX Summit 2022 opened in Ha Noi on Wednesday. — Photo vietnamplus.vn The Viet Nam-Asia Digital Transformation (DX) Summit 2022 opened in Ha Noi yesterday, where experts are examining ways to further utilise the advantages of digitalisation for the economy and society. The digital economy is making many important contributions to the global economy, said Nguyen Van Khoa, Viet Nam Software and IT Services Association (Vinasa) chairman. Facing the trend towards digitalisation, many countries have taken the opportunity to develop the digital economy and have issued their own development strategies, he added. The summit is organised by Vinasa under the direction and patronage of the Ministry of Information and Communications. Data from Google and Temasek shows that the Vietnamese internet economy achieved US$21 billion last year and contributed more than 5 per cent of the country's GDP. Studies show that the growth rate of the Vietnamese digital economy is … [Read more...] about Viet Nam-Asia DX Summit 2022 opens in Ha Noi
Remains of martyrs repatriated from Laos reburied
People participate in the ceremony. (Photo: VNA) Nghe An (VNA) – A respect paying ceremony and a reburial service were held at a martyrs’ cemetery in the north-central province of Nghe An on May 25 to rebury the remains of 103 Vietnamese volunteer soldiers and experts who laid down their lives in Laos. Participants expressed their gratitude to the martyrs for their contributions and sacrifice for the national construction and defence as well as international duties in Laos. The remains, repatriated by a team of Nghe An Military High Command in Laos’ Xiangkhouang province in the 2021-22 dry season, was handed over to the Vietnamese side on May 22-23. Since 1984, Nghe An has worked on the task with three localities in Laos and repatriated more than 12,300 remains of Vietnamese volunteer soldiers and experts./. VNA … [Read more...] about Remains of martyrs repatriated from Laos reburied
Bac Giang promotes litchi sales at home and abroad
Jose Mestre, a representative of the Central Retail Group in Vietnam, speaks at the conference (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang, in collaboration with the ministries of Industry and Trade, and Agriculture and Rural Development, held an online conference on litchi sales for nearly 80 target markets at home and abroad. The conference provided an opportunity for Bac Giang to promote litchi sales in domestic and export markets; and strengthen its coordination with centrally-run agencies, domestic and foreign provinces and cities, and overseas Vietnamese economic, trade and diplomatic agencies. It also served as a forum for domestic and foreign businesses to find partners and sign contracts for litchi and litchi-based products in this year. Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the … [Read more...] about Bac Giang promotes litchi sales at home and abroad
Another molnupiravir drug authorized for use in COVID-19 treatment
This is the fourth Molnupiravir-based drug produced in Vietnam to be authorized for use in the country. The DAV orders manufacturers to adhere to documents registered with the Ministry of Health; coordinate with treatment facilities to strictly comply with current regulations on prescription drugs, monitor the safety, effectiveness, and unwanted effects of drugs on Vietnamese people, as well as compile reports according to regulations. At the same time, the DAV also requested local departments of health notify medical examination and treatment facilities, medical staff, and drug suppliers in the area to inform patients of the benefits and risks when using Molnupiravir, including treatments, as well as alternatives for Molnupiravir in the treatment of COVID-19. In addition, it requires units to strengthen monitoring, supervision and detection of cases of adverse drug reactions (if any), to send reports to the National Center for Drug Information and Adverse Drug Reaction … [Read more...] about Another molnupiravir drug authorized for use in COVID-19 treatment
BIDV, ADB release report on Vietnam’s financial market
Illustrative photo (Source: VNA) Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook. BIDV Senior Executive Vice President Tran Phuong said it is a result of research by a team of ADB and BIDV experts. This is the first time a Vietnamese financial institution has collaborated with ADB to make a comprehensive assessment report on the Vietnamese financial market, covering the fields of banking, securities, and insurance, he noted. Looking back at 2021, the report states that the world economy recovered quite quickly along with a rapid increase in inflation due to the majority of countries reopening socio-economic activities. The global financial market continued its fast recovery given the new normal condition and strengthened confidence. In that context, Vietnam's economy recovered quite … [Read more...] about BIDV, ADB release report on Vietnam’s financial market
SEA Games 31 ends successfully
The event was attended by Vietnamese Prime Minister Pham Minh Chinh; Cambodian Deputy Prime Minister, Defense Minister and Chairman of the 32nd SEA Games Organizing Committee Samdech Pichey Sena Tea Banh; and ministers, ambassadors, all contingents and athletes participating in the SEA Games 31. Special performances at the closing ceremony left an unforgettable impression on international friends and demonstrated Vietnam as a country deeply imbued with its traditional cultural identities and intensively integrating into the world. During the ceremony, the SEA Games flag was handed over to Cambodian representatives. Artists from Cambodia then had a performance of “Cambodia welcoming and blessing” to introduce their country, people and culture. With 40 sports, SEA Games 31 took place in Hanoi and 11 nearby localities. Vietnam ranked first in the medal tally with 205 gold, 125 silver, and 116 bronze medals. SEA Games 31 closed after 17 memorable days with unforgettable memories. … [Read more...] about SEA Games 31 ends successfully
SEA Games 31: Malaysian media impressed with host Vietnam
At the closing ceremony of SEA Games 31 . (Photo: VNA) Hanoi (VNA) – Vietnam has successfully organised SEA Games 31, rounding off the tournament with a spectacular ceremony, Malaysia’s media have said. In an article titled ‘Hanoi SEA Games ends in colourful, vibrant, spectacular style’, Vikneswaran Raman of the Malaysian news agency Bernama reviewed highlights of the Games’ closing ceremony at Hanoi's My Dinh Indoor Athletics Arena. The reporter said the ceremony, powered by stunning light shows and marked the rejuvenation of sports in the region. The article also noted Vietnam in its second time hosting the sports event, topped the medal tally with a massive 205-125-116 medal haul. At the closing ceremony (Photo: VNA) Echoing the view, the news site The Star lauded the successful organisation of the Games and the 90-minute warm and joyful farewell to international friends after excellent competitions. In an article reviewing Malaysia’s journey at the … [Read more...] about SEA Games 31: Malaysian media impressed with host Vietnam
Vietnam bolsters cooperation with E.U. and Hungary
During the talk, Foreign Minister Bui Thanh Son and E.U. High Representative Josep Borrell agreed to push up the bilateral cooperation between Vietnam and the E.U. on par with their potential and better meet the joint interests of both sides. Meanwhile, they consented to deepen the ASEAN – E.U. cooperation, and expand collaboration in various fields of energy, climate change adaptation, green transition, digital economy, and infrastructure. Also, the two sides exchanged views on international and regional issues of shared concern. The E.U. High Representative took note of Vietnam’s request to soon remove the European Commission’s “yellow card” on Vietnamese seafood exports for illegal, unreported and unregulated (IUU) fishing, and push for E.U. member countries to soon ratify the E.U.-Vietnam Investment Protection Agreement (EVIPA). On the same day, the Vietnamese diplomat had a phone talk with Hungarian Minister of Foreign Affairs and Trade Péter Szijiártó. During the talk, … [Read more...] about Vietnam bolsters cooperation with E.U. and Hungary