Budget estimation example

Đinh Đức Thắng, Chairman cum CEO of Stavian Quảng Yên Petrochemical Joint Stock Company, received technology transfer licenses under the witness of Deputy Prime Minister Trần Lưu Quang. — Photo courtesy of the firm The Stavian Quảng Yên Petrochemical Plant Project officially received the technology transfer licences for petrochemical technology to produce polypropylene (PP) resins from the Quảng Ninh Department of Science and Technology at Techconnect and Innovation Việt Nam 2023, under the witness of Deputy Prime Minister Trần Lưu Quang. Techconnect and Innovation Việt Nam 2023, with the theme “Innovation - Sustainable Development”, is a national-level event of significant importance, supporting businesses in the province to connect, transfer, and receive modern technologies to serve socio-economic development. The Stavian Quảng Yên Petrochemical Plant is being built on an area of 30ha in Bắc Tiền Phong Industrial Park, Tiền Phong Commune, Quảng Yên Town, Quảng Ninh Province. … [Read more...] about Quảng Yên Petrochemical plant granted technology transfer licences

Vietnam’s GDP in the first nine months of this year rises by 4.24% year-on-year. (Photo: VNA) Hanoi (VNA) – Vietnam’s gross domestic product (GDP) in the first nine months of this year rose by 4.24% from the same period last year, the General Statistics Office (GSO) announced on September 29. In the third quarter, the country's economic growth rate was estimated at 5.33% compared to the same quarter of 2022. The GSO assessed that although the nine-month growth rate is only higher than those in the same period of 2020 and 2021 in the past 12 years, it showed a positive trend of increasing gradually over the quarters: 3.28% in the first quarter, 4.05% in the second quarter and 5.33% in the third quarter. In the January-September period, the agro-forestry-fishery sector expanded by 3.72%, contributing 8.03% to the total added value of the entire economy. The growth rates of the industrial and construction sector and the service industry were 5.19% and 6.24% with … [Read more...] about Vietnam’s nine-month GDP increases by 4.24%

1. Vi Lai Vi Lai is a well-established gem in Hanoi's vegetarian community, renowned for its attention to design and architecture that harmonizes with nature. The restaurant at 67 Ly Thuong Kiet Street, Hoan Kiem District, has four floors, each characterized by distinct themes. Of these options, the experience of dining on a lotus platform afloat on the water is particularly cherished by numerous patrons. A dining space on a lotus platform, floating on the water, at Vi Lai Restaurant. Photo courtesy of Vi Lai Vi Lai falls into the high-end category, offering dishes priced at around VND100,000 ($4) per plate, making it a suitable choice for hosting guests or special occasions. Some must-try dishes include pasta with rose and peach, bamboo shoot rolls, lotus root shakes, and bread with artichoke. 2. Chay Co Dam This restaurant at 68A Tran Hung Dao Street, Hoan Kiem District captivates passersby with its architecture reminiscent of Champa temples, featuring red … [Read more...] about Hanoi’s top 8 picks for vegetarian delicacies

According to the South Korean woman, songpyeon - made from rice powder and filled with red bean, mung bean, or black sesame paste - is a must-have dish at Chuseok (South Korean Mid-Autumn Festival). Chuseok is an occasion for South Koreans to celebrate their harvest and gather with family members. Local people often visit their deceased relatives’ graves and offer food to show their gratitude towards their ancestors. They also send their relatives and friends gifts, often food that can be consumed within the week, including songpyeon, ginseng, beef, or fruits. Songpyeon made by Kim Youn Kyong’s family, who came to live in HCMC 10 years ago, on September 28, 2023. Photo by VnExpress/Ngoc Ngan Kim said that she was surprised and slightly disappointed on her first Mid-Autumn Festival in Vietnam, since everyone was still working, compared to how people at home have three to four days off to return to their hometowns and visit their families. The whole family then … [Read more...] about South Koreans in Vietnam celebrate Mid-Autumn Festival

To address this persistent belief, the Soi Dog Foundation and Intelligentmedia have been working with the Professional Department of VOTMA to inspire traditional medicine practitioners to no longer suggest dog and cat meat. A new training scheme that challenges the actual health benefits of the meat and suggests strategies to reduce the current demand and consumption was held on World Rabies Day, September 28. 30 traditional medicine practitioners were brought together for a course that highlighted the risks of dog and cat meat consumption and the importance of anti-rabies efforts for the whole of society. The training aimed to foster a more robust engagement from the traditional medicine sector to stamp out the trade in the meat. More importantly, the participants were urged to reach a consensus on an action plan to pass on knowledge from the training to their patients, as consumers of the meat. Ngo Van Duong, a senior researcher of traditional medicine, said, “Dog and cat meat … [Read more...] about VOTMA calls for reduction in dog and cat meat

An example of a SkyX Solar collaboration with An Phat At a seminar from September 12 to 17, held by the World Sports Goods Industry Federation and the Vietnamese Delegation in Geneva, distinguished brands like Adidas and Decathlon spotlighted Vietnam's crucial role in sustainable manufacturing, praising its robust workforce and rapid assimilation of advanced technologies. Leveraging its National Strategy for Green Growth 2021-2030, Vietnam is making substantial strides towards its sustainable development goals, with an emphasis on evolving its textile and footwear industries by 2035 to align with a circular economic model. This commitment resonates deeply with international sustainability standards, enhancing Vietnam's influence in the sustainable supply chain sector. The role of green certificates – which are emblematic of sustainable and responsible production and the use of renewable energy – is becoming increasingly crucial in today’s market. These certificates are … [Read more...] about SkyX Solar steers sustainable shifts with green IZ and certification in Vietnam

Party General Secretary Nguyen Phu Trong (R) presents the 60-year Party membership badge to his predecessor Nong Duc Manh on September 29. (Photo: VNA) Hanoi (VNA) – A ceremony was held at the headquarters of the Party Central Committee in Hanoi on September 29 to present a badge of the 60-year Party membership to former Party General Secretary Nong Duc Manh. Party General Secretary Nguyen Phu Trong presented the badge to his predecessor at the event, which also saw the presence of President Vo Van Thuong, Chairman of the National Assembly (NA) Vuong Dinh Hue, and Permanent member of the Party Central Committee’s Secretariat and Chairwoman of the Party Central Committee’s Organisation Commission Truong Thi Mai. Congratulating the former Party leader on receiving the badge, General Secretary Trong said Manh used to serve in many positions from the grassroots level to the Secretary of a provincial Party committee, the NA Chairman in the 9th and 10th tenures, and the … [Read more...] about 60-year Party membership badge presented to former Party chief Nong Duc Manh

The country’s economic growth hit 5.33% year-on-year in the third quarter. Vietnam’s GDP in the first nine months expanded by 4.24% year on year, data from the General Statistics Office (GSO) showed today [September 29]. Data: GSO. Chart: Hai Yen/The Hanoi Times For the third quarter of this year, the country’s economic growth reached 5.33% compared to the same period last year. This growth rate only exceeds the figures for 2020 and 2021, which were significantly affected by the Covid-19 pandemic, but is still seen as a “positive trend”. Growth in the first quarter was a modest 3.28%, while the second quarter saw a slightly higher growth rate of 4.05% . Over the entire nine-month period, the GDP  grew by 4.24%, the lowest growth in 13 years during a time when the pandemic affected the economy. For 2023, the Government has set an ambitious target of 6.5% GDP growth, while the economy grew 8.85% last year . The primary driver of the economy … [Read more...] about Vietnam’s GDP growth expands by 4.24% in a 9-month period

Testing at a larger scale will enable the country to better assess the Covid-19 situation. A senior Vietnamese health expert has said that Vietnam should take more tests in the community that will provide more basis for the assessment on the novel coronavirus situation in the country. Dr. Tran Dac Phu, senior advisor to the Vietnam Public Health Emergency Operations Center (PHEOC). Photo: VGP “The more tests are taken, the more likely infections are found,” Dr. Tran Dac Phu, senior advisor to the Vietnam Public Health Emergency Operations Center (PHEOC) was quoted by VnExpress as saying. He emphasized that the main concern at present is risk of community infection. “If Vietnam fails to manage control of this source, a danger of flare-ups would be likely as it has happened in many countries,” the expert said at a meeting of the National Steering on Covid-19 Prevention and Control. Explaining his point, Phu said Vietnam is now at the second stage of the … [Read more...] about Vietnam advised to continue mass coronavirus testing

The new facility was established to meet rising global demand for instant coffee, particularly more premium freeze-dried instant coffee. The facility’s product offering is tailored to meet the preferences of consumers across established markets, such as Europe, and emerging markets in Asia. Members of LDC and Instanta’s global and regional senior management, as well aslocal government representatives, on hand to open the facility. According to Ben Clarkson, LDC’s Global Head of Coffee, the venture with Instanta supports global strategy to diversify through more value-added products, reflects ongoing commitment to Vietnam as a key market for LDC, and complements the existing global robusta green coffee business, expanding the product portfolio to meet customers’ needs. "Leveraging expertise in coffee sourcing in Vietnam and an extensive global network, combined with Instanta's leadership in the instant coffee business, ILD Coffee Vietnam is well positioned for … [Read more...] about $84 million freeze-dried instant coffee facility inagurated in Binh Duong