The office said that the major products Vietnam shipped to Laos included petrol, vegetables, fertilizers, clinker and cement, electric wires and cables, paper and paper products, ceramics, and garment products. Meanwhile, Vietnam mostly imported from Laos fertilizers, rubber, wood and furniture, ore and other minerals. In July alone, two-way trade hit USD 125 million, a surge of 54.1% year on year, including Vietnam’s export revenue of nearly USD 53.2 million, up 33.9%. This was the third consecutive month that Vietnam enjoyed an increase in exports to Laos, helping reduce the fall in the turnover to minus 1.6% from minus 6% in the first half of this year. In August, Vietnam expects continuous rise in exports to Laos thanks to the stable conditions of the Lao economy, the reduction in petrol prices in the world and the rising number of Vietnamese investors in Laos. Source: VNA … [Read more...] about Vietnam, Laos enjoy 24.2% rise in two-way trade in 7 months
Cheap month long holidays
PM thanks Russian scientists for preservation of President Ho’s embalmed body
Russian experts have joined the preservation of President Ho Chi Minh’s body for over 50 years since he passed away in 1969. Vietnam’s Prime Minister Pham Minh Chinh today met a delegation of Russian scientists to whom he extended thanks for their support in keeping the embalmed body of Vietnamese President Ho Chi Minh unharmed. Vietnam's Prime Minister Pham Minh Chinh meets academician Sidelnikov Nikolai Ivanovich, All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR), in Hanoi on August 14. Photo: VGP Chinh showed his appreciation when meeting scientists of the All-Russian Scientific Research Institute of Medicinal and Aromatic Plants (VILAR) led by academician Sidelnikov Nikolai Ivanovich. He expressed his sincere thanks to the VILAR’s assistance to the Government of Vietnam in performing an important political task, which is the long-term preservation and absolute safety of President Ho Chi Minh’s body. The Russian … [Read more...] about PM thanks Russian scientists for preservation of President Ho’s embalmed body
Vietnam wins four medals at 34th International Olympiad in Informatics
Vietnamese contestants in the 34th International Olympiad in Informatics in 2022. (Photo: SGGP) With a 100 percent medal-winning rate, including one gold and three silver medals, the Vietnamese national team ranks in the top nine countries and territories, after China, Japan, the US, South Korea, Iran, Ukraine, Croatia, and Taiwan, according to the medal tally. Specifically, Tran Xuan Bach, an eleventh grader of the High School for Gifted Students, College of Natural Science, under the Vietnam National University (VNU), won the gold medal. Duong Minh Khoi, a twelfth grader of the High School for Gifted Students, College of Natural Science; Le Huu Nghia, a twelfth grader of Binh Long High School for Gifted Students in Binh Phuoc Province; Truong Van Quoc Bao, a twelfth grader of Phan Boi Chau High School for Gifted Students in Nghe An Province, won the silver medals. The 34th International Olympiad in Informatics in 2022 was held online and in person. The Vietnamese team … [Read more...] about Vietnam wins four medals at 34th International Olympiad in Informatics
Vietnam team claim four medals at Int’l Informatics Olympiad
Tran Xuan Bach, a 11th grader at the HUS High School for Gifted Students, Vietnam National University, won a gold medal at the competition. The three silver medalists are all 12th grade students, including Duong Minh Khoi also from HUS High School for Gifted Students, Le Huu Nghia from Binh Long High School for Gifted Students in Binh Phuoc, and Truong Van Quoc Bao from Nghe An’s Phan Boi Chau High School for Gifted Students. The IOI 2022 was held both in-person and virtually from August 7-14. The Vietnamese contestants took part in the competition remotely from Vietnam. This year, it gathered 349 contestants from 89 countries and territories. It presented 30 gold, 58 silver and 88 bronze medals. With a gold and three silvers, Vietnam ranked ninth in the medal table, after China, Japan, the U.S., the Republic of Korea, Iran, Ukraine, Croatia and Taiwan (China). Source: VNA … [Read more...] about Vietnam team claim four medals at Int’l Informatics Olympiad
Vietnam to have national marine spatial plan by 2030
Deputy Minister of Natural Resources and Environment Le Minh Ngan underpinned the importance of the national marine spatial master plan, saying its objectives are to properly delineate and zone off sea spaces for different sectors based on the incorporation of planning of sea-based industries; and to orient the use of sea spaces and address overlaps and conflicts in exploiting marine spaces. Drafting the master plan is a challenging and complex task, given that it has never been done before in Vietnam, Ngan noted, adding that utilizing existing data and information, it will zone off the marine spaces based on natural ecosystems to provide a connecting space for socio-economic development, enhance land-to-sea connectivity and protect national security-defence and international cooperation. The Ministry of Natural Resources and Environment (MoNRE) has sent the draft plan to a number of Party Central Committee's commissions, ministries and authorities of 28 coastal cities and … [Read more...] about Vietnam to have national marine spatial plan by 2030
Low-cost meals for the underprivileged in Ho Chi Minh City
Budget eateries offering each meal at a mere VND1,000 (US$0.04), VND5,000 ($21), or for free in Ho Chi Minh City are warming the hearts of low-income workers and disadvantaged people amid surging goods prices. Situated at 317 Trung My Tay 13 Street in District 12, Ho Chi Minh City, the eatery run by Tran Thi Dung and her husband serves offal porridge for disabled and elderly people and lottery ticket vendors. Tran Thi Dung recounted that three years ago, her husband was severely injured in a traffic accident so she took him to their hometown for care and treatment. When he was in good health again, they returned to the city to do business. The couple decided to open a low-cost eatery as a way to lend a helping hand to the underprivileged. “We charge no money to customers who are disabled and sell lottery tickets, but some still pay VND5,000 for their meal as they don’t want to be indebted to anyone. “Receiving their thanks for our acts makes me happy and indefatigable.” … [Read more...] about Low-cost meals for the underprivileged in Ho Chi Minh City
Shanghai to reopen all schools Sept. 1 as lockdown fears persist
China's financial hub Shanghai said on Sunday it would reopen all schools including kindergartens, primary and middle schools on Sept. 1 after months of COVID-19 closures. The city will require all teachers and students to take nucleic acid tests for the coronavirus every day before leaving campus, the Shanghai Municipal Education Commission said. It also called for teachers and students to carry out a 14-day "self health management" within the city ahead of the school reopening, the commission said in a statement. Shanghai shut all schools in mid-March before the city's two-month lockdown to combat its worst COVID outbreak in April and May. It allowed some students of high school and middle school to return to classrooms in June while most of the rest continued home study for the remainder of the semester. The announcement on schools reopening brings great relief to many residents but fears about COVID lockdowns continue to persist, as China vows to stick to its dynamic … [Read more...] about Shanghai to reopen all schools Sept. 1 as lockdown fears persist
SHB gets approval to raise capital
Clients at an SHB branch. The bank was given the nod on capital expansion. — Photo courtesy of SHB The State Bank of Vietnam (SBV) has given the Saigon Hanoi Commercial JS Bank (SHB) the go-ahead to raise its charter capital to VNĐ26,674 billion (US$1.1 billion). The rise is the first part of SHB's plan to reach VNĐ36,459 billion in capital in 2022 to position itself among the three private commercial banks with the largest charter capital. SHB said it had submitted the plan, passed by its shareholder general meeting, to SBV for approval. Under the plan, SHB was also set to pay a dividend yield of 15 per cent to its existing shareholders for the financial year 2021 and offer a total of 45.12 million new shares for VNĐ12,500 apiece to its employees and the shareholders. By late June, SHB had VNĐ522 trillion in total assets, VNĐ471 trillion in total deposits and VNĐ390 trillion in total credit. It made a six-month before-tax profit of VNĐ5.9 trillion, up 84 per cent … [Read more...] about SHB gets approval to raise capital