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On March 29, 2023, the Steering Committee for External Information Service, the Party Central Committee’s Commission for Information and Education , the Vietnam News Agency, and relevant agencies held a press conference launching the ninth National External Information Service Awards. The awards aim to honour outstanding authors, works, and publications in the field of external information service and help popularise the country’s development achievements in various areas. The Vietnam News Agency is the standing body of the ninth National External Information Service Awards. Addressing the press conference, Mr. Le Hai Binh, alternate member of the Party Central Committee, Vice Chairman of the Party Central Committee ’s Commission for Information and Education, and Standing Vice Chairman of the Steering Committee for External Information Service, reviewed the country’s prominent achievements in some fields in 2022 and stressed that the ninth National External Information … [Read more...] about PRESS RELEASE – Ninth National External Information Service Awards

The press conference launching the ninth National External Information Service Awards on March 29 (Photo: VNA) Hanoi (VNA) – The Steering Committee for External Information Service, the Party Central Committee’s Commission for Information and Education , the Vietnam News Agency (VNA), and relevant agencies launched the ninth National External Information Service Awards on March 29. The awards aim to honour outstanding authors, works, and publications in the field of external information service and help popularise the country’s development achievements in various areas. The Vietnam News Agency is the standing body of the ninth National External Information Service Awards. Addressing a press conference in Hanoi, Le Hai Binh , alternate member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Information and Education, and Standing Vice Chairman of the Steering Committee for External Information Service, said that first … [Read more...] about Ninth National External Information Service Awards launched

In 2008, the US investment bank Bear Stearns, on the verge of collapse, had to be rescued by J.P. Morgan. This marked the beginning of the global financial crisis of 2008, which sent the global economy into a deep recession and caused significant economic damage, including massive employment losses. Patrick Lenain, senior associate at the Council on Economic Policies Today, several banks are once again in trouble. As of March 22, four large banks were in distress. Silicon Valley Bank (SVB), a $212 billion US bank specialising in tech startups, collapsed when it was unable to meet deposit withdrawal requests and had to be taken over by federal regulators. A few days later, Signature Bank, another midsized US bank with assets of $110 billion, also suffered a severe liquidity crisis and was seized by federal regulators. This was followed by First Republic Bank with assets of $205 billion, which was hit by rating downgrades and a tumbling share price and had to be … [Read more...] about Developments for Vietnam to watch in midst of bank crisis

The market in new urban areas is set to become more active Photo: Le Toan March has seen a flurry of activity in welcoming quality real estate products in Vietnam. Singaporean group CapitaLand Development, saw all of [email protected] West Lake booked up after being introduced to the market on March 19. The Elysian project developed by Gamuda Land is also reportedly being well observed by buyers due to the prestige of the developer, the good location, and high quality of the project. Domestic groups are also joining the rush. Nam Long Investment JSC said that the business is implementing a series of plans in 2023, in which priority is being given to ventures in large urban areas such as Waterpoint, Mizuki Park, Nam Long Can Tho, Nam Long Dai Phuoc, Akari City, and Izumi City. Meanwhile, Hung Thinh Land introduced the 9X An Suong project in the northwest of Ho Chi Minh City. In the southern province of Binh Duong, Phu Dong Group is about to open for sale an apartment project … [Read more...] about Positive real estate signs march ahead

The talk between Prime Minister Pham Minh Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. Prime Minister Pham Minh Chinh highlighted the need to continue concretizing the common view of Vietnamese Party General Secretary Nguyen Phu Trong and Chinese Party General Secretary and President Xi Jinping on taking the Vietnam - China relations into a new development phase with higher political trust, more practical and effective cooperation and a stronger friendship foundation. He wished that the two countries’ ministries, agencies and localities would maintain regular exchanges, effectively make use of existing cooperation, and actively promote friendly exchanges between mass organizations in border areas to raise mutual understanding and trust. The Prime Minister also wanted to expand mutually-beneficial cooperation … [Read more...] about Prime Minister hosts leader of Yunnan provincial Party Committee

On March 27, Deputy Prime Minister Tran Hong Ha signed a decision approving the adjustment of the construction planning for Van Phong Economic Zone (EZ) in the central province of Khanh Hoa to 2040, with a vision to 2050. The multi-sectoral EZ has a total area of about 150,000 hectares, of which the water surface area covers about 79,000ha and the mainland and island part spans around 71,000ha. It plays a leading role in attracting investment and creates a driving force for economic development in neighbouring regions and across the country as a whole. Focusing on the marine economy, Van Phong EZ features an international container transshipment port, logistics services, urban areas, tourism hotspots, and a strong industrial sector. As a centre for high-class tourism and entertainment services, the zone offers unique products to build its brand and enhance its competitiveness. By 2050, Van Phong EZ will become a dynamic, intelligent, sustainable, and unique marine economic … [Read more...] about Van Phong Economic Zone propels development of Khanh Hoa province

Nalin Wickramasingher, Powerledger's BD and Sales Executive, and Le Thi Phuong Cam (L), EVNCPC's Deputy General Director, announced the partnership. (Photo courtesy of Powerledger) Hanoi (VNS/VNA) - Australian energy trading technology company, Powerledger, on March 28 announced it’s partnering with Vietnam Electricity Central Power Corporation (EVNCPC) to launch Vietnam's first peer-to-peer (P2P) energy trading project at the Australia-Vietnam Forum on Energy Transition. The initial 6-month trial will see Powerledger’s technology used by so-called “prosumers” with rooftop solar in central Da Nang city and Quang Nam province to sell electricity directly to consumers. “This project is a major step for Vietnam. It will showcase how, with the right technology, issues of intermittency and grid congestion can be overcome whilst still growing renewables. Everyone on both sides of the partnership is looking forward to the results,” said Powerledger Chairman Dr Jemma Green. … [Read more...] about Vietnam’s first blockchain peer-to-peer energy trading project launched

US President Joe Biden recognized Vietnam as an important partner, committed to supporting its independence, self-reliance, and prosperity. Vietnam and the US should continue to ensure economic, scientific, and technological cooperation as the core and driving force for bilateral relations. General Secretary of the Communist Party of Vietnam Nguyen Phu Trong at the talks. Source: VNA General Secretary of the Communist Party of Vietnam Nguyen Phu Trong gave the remarks during his phone talks with US President Joe Biden on March 29 on the 10th anniversary of the Comprehensive Partnership. Trong hoped the two nations would uphold their defense-security cooperation agreements, prioritize trade promotion, and explore new cooperation areas such as logistics, digital economy, green transformation, and health. He emphasized the need for intensified collaboration in various fields, including addressing the aftermath of war, UN peacekeeping, information … [Read more...] about Economic – science cooperation key pillar in Vietnam-US relations: Party chief