Celebrated 50th anniversary

Attending the event were Director of the Vietnam Department of Peacekeeping Operations (VNDPKO) Senior Colonel Pham Manh Thang, Director of Military Hospital 175 Major General Tran Quoc Viet, former VNDPKO Director Major General Hoang Kim Phung, former Military Hospital 175 Director Major General Nguyen Hong Son, members of L2FH Rotations 1 and 3 who excellently completed their peacekeeping duties. On October 1, 2018, the 63-strong L2FH Rotation 1 departed for South Sudan, officially marking the first footsteps of the Vietnamese peacekeeping military medical force in the long noble international mission implementation journey. The L2FH Rotation 1 was also the first unit of Vietnam taking on the U.N. peacekeeping duties. Therefore, October 1, 2018 went into the history of Vietnam as an important landmark in Vietnam’s journey of participating in U.N. peacekeeping operations. Reviewing that important landmark, Maj. Gen. Tran Quoc Viet was touched and expressed his honor to observe … [Read more...] about Military Hospital 175 celebrates first send-off ceremony for L2FH

With the presence of leading renewable energy developers in Vietnam, Denmark has contributed international resources to the country’s net-zero journey. Denmark in Your Eyes – an annual painting competition launched in Vietnam in 2016 – is an activity demonstrating Vietnam-Denmark cooperation in green growth in recent years. Ambassador of Denmark to Vietnam Nicolai Prytz speaks at the launch of Denmark in Your Eyes competition 2023. Photo: Danish Embassy in Hanoi The competition has “added a lot of value to strengthening our two countries’ long-term cooperation on promoting green and sustainable development,” said Ambassador of Denmark to Vietnam Nicolai Prytz. With more than 18,000 paintings submitted in the last competition, it shows the great popularity of the event among schoolchildren all over Vietnam. For that reason, “it is an amazing playground for Vietnamese children, not only to express wishes about their future but more importantly to come up … [Read more...] about Green Future promotes Vietnam-Denmark cooperation for sustainable growth

The transaction is an equity investment in the form of Convertible Dividend Preference Share (CDPS) to be issued at a price of VND85,000 ($3.49) per share, which can be converted into ordinary shares at a 1:1 conversion ratio. In addition to the normal dividends payable (if any) to the company’s shareholders, the CDPS has no preference dividend for the first five years, then followed by a 10 per cent preference dividend at par value of each outstanding CDPS per annum from the sixth anniversary onwards. On the tenth anniversary of the issuance, the outstanding CDPS will be mandatorily converted into ordinary shares of Masan Group. Masan is also in discussion with other investors to upsize the investments to up to $500 million, which is subject to prevailing market conditions and the company’s capital needs. Proceeds from the transaction will be used to strengthen the company’s financial position and de-lever its balance sheet. This marks Bain Capital’s first-ever investment in … [Read more...] about Bain Capital leads Masan Group’s equity funding round

The cover of the book (Photo: VNA) Hanoi (VNA) - The Vietnam News Agency Publishing House has compiled and published a photo book entitled " General Vo Nguyen Giap ”, on the occasion of his 10th death anniversary this year (October 4, 2013-2023). It is also in anticipation of the 80th founding anniversary of the Vietnam People's Army, the 70th anniversary of the Dien Bien Phu historic victory and the 113th birth anniversary of the late general next year. Printed in both Vietnamese and English, the book compiles hundreds of photos featuring the General which were selected from various sources, providing readers with vivid images and detailed annotations on his life and career. It also highlights the historical changes, the battles and the victories of the Vietnamese army and people in the 20th century via three parts: Hometown, Family and Childhood; Military Genius; and General of the Times. General Giap, whose real name is Vo Giap, was born in Loc Thuy commune … [Read more...] about Vietnam News Agency publishing house launches photo book on Gen. Vo Nguyen Giap

Along with enjoying lion dances and art performances, participants also joined many folk games during the Mid-Autumn Festival (Photo: VNA) Paris (VNA) – The Vietnamese Association in France (UGVF) in coordination with the Vietnamese Cultural Centre in France held a Mid-Autumn Festival for Vietnamese children living in the European country on October 1. The Mid-Autumn or Full-Moon Festival is celebrated annually on the 15th day of the eighth lunar month which falls on September 29 this year. Along with enjoying lion dances and art performances, participants joined many folk games during the festival. A performance at the Mid-Autumn Festival in Berlin, Germany (Photo: VNA) Meanwhile, thousands of Vietnamese children living in Berlin, Germany participated in a festive programme at Dong Xuan Centre. Minister-Counsellor of the Vietnamese Embassy in Berlin Chu Tuan Duc said the traditional custom of Vietnam has been preserved by the Vietnamese community and … [Read more...] about Mid-Autumn Festivals held for Vietnamese children in France, Germany

An oil rig of Petrovietnam (Photo: VietnamPlus) Hanoi (VNA) – Forty-eight years since its establishment, the Vietnam Oil and Gas Group (Petrovietnam) has become a multi-billion-dollar enterprise and made breakthrough and comprehensive development strides. Petrovietnam was set up on September 3, 1975 with the goal of helping guarantee national energy security and serving as a pillar of economic support for national development. Shortly after the date of national reunification (April 30, 1975), on September 3 the same year, the Vietnam General Department of Oil and Gas, the predecessor of Petrovietnam , was established under the Council of Government in efforts to realise late President Ho Chi Minh’s aspiration to develop an oil and gas industry of the country. Nearly half a century has passed, Petrovietnam has managed to master the most cutting-edge technologies and build a complete oil and gas industry. From 1986 to 2022, it posted more than 400 billion USD in total … [Read more...] about Petrovietnam in step with 48 years of national development

Customers shop at a WinMart store belonging to Masan Group. Masan announced on October 2 that Bain Capital, a global private investment firm, has agreed to invest at least $200 million in its equity at a price of VNĐ85,000 per share. — Photo courtesy of Masan Group. Masan Group Corporation (HOSE: MSN) announced on October 2 that Bain Capital, a global private investment firm with assets worth US$180 billion under management, has agreed to invest at least $200 million in its equity at a price of VNĐ85,000 per share. The money will be used to strengthen the company’s financial position and deleverage its balance sheet. This marks Bain Capital’s first ever investment in Việt Nam and underscores its confidence in Masan’s ability to grab the immense opportunity offered by 100 million Vietnamese consumers’ daily grocery, financial and other life needs. The investment will be in the form of Convertible Dividend Preference Share (CDPS) which can be converted into ordinary shares at a … [Read more...] about Bain Capital leads Masan’s equity funding round of up to $500 million