China factory production

The approval of Vietnam’s circular economy development plan, announced in June, aims to help reduce greenhouse gas emissions by 15 per cent of GDP by 2030 (as compared to 2014). The commitment at COP26 by Vietnam to achieve net-zero carbon emissions by 2050 is considered the main call for investment into green technologies and friendly-environmental projects, as well as approval of plans such as the aforementioned circular economy one. These messages have sent a strong signal regarding the country’s direction towards low-carbon, green development, and a circular economy, and could be a new driving force for Vietnam’s sustainable socioeconomic development, helping to improve its competitiveness and foreign direct investment (FDI) into the country. While governments have committed to lowering CO2, companies are also following suit for the good of the planet, Photo: Shutterstock As a result, numerous groups have made decisions in terms of investment and other operations … [Read more...] about Green standards top policies for fresh foreign ventures

Hanoi (VNA) – The PetroVietnam Camau Fertilizer JSC (PVCFC) will halt the operation of its fertiliser factory for maintenance from August 18 to September 4, the firm has announced. Nguyen Duy Hai, Director of the factory, said that the firm has mobilised more than 1,000 staff from contractors and experts serving the maintenance. This is a regular work with the highest number of items ever. However, it has prepared plans to ensure the supply of fertilisers to farmers ahead of the upcoming Winter-Spring crop . In order to ensure the supply of high-quality fertilisers to farmers in the crop, the PPVCFC has designed production and transport plans to provide its products to all regions across the country. For the crop, the company has prepared over 350,000 tonnes of fertiliser of all kinds such as urea, NPK, and OM Ca Mau organic fertiliser./. VNA … [Read more...] about PVCFC ensures fertiliser supply despite 14-day maintenance

With expertise and advanced technology, Danish firms are expected to develop Vietnam's agri-food industry for high efficiency and sustainability. A delegation of 13 leading Danish agri-food firms in Solutions for Livestock & Food Production, Food Processing Technologies, Ingredients and Climate Control Solutions is giving expertise to Vietnamese partners Representatives of Danish companies attend the seminar held in Hanoi on August 17. Photos: Embassy of Denmark in Hanoi The delegation, which works in areas important for improving agri-food production towards high efficiency, green, and sustainability, expects to share experiences and introduce world-leading and well-proven Danish solutions in agri-food production and look for opportunities to cooperate with Vietnamese companies. The expertise was shared at during Seminar – Business Matchmaking held in Hanoi and Ho Chi Minh City on August 16-19. The events are part of a joint effort between the Embassy … [Read more...] about Denmark extends agri-food expertise to Vietnam

At 10:00 local time (14:10 Vietnam time), the Vietnamese second tank crew entered the competition with their rivals from Uzbekistan, Kazakhstan, Venezuela at Alabino training ground on the outskirts of Moscow, Russia. The crew included head of the crew Major Vu Ba Trong, gunner non-commissioned First Lieutenant Le Quang Hiep, and driver non-commissioned First Lieutenant Dao Ba Tu. After the conclusion of the competition, the referee board met and announced the official results of participating contingents. In particular, the second tank crew of the Vietnam People’s Army shot down four targets and reached the finish line after 32 minutes 21 seconds. The second tank crews of Uzbekistan, Kazakhstan, and Venezuela completed the race after 22 minutes 53 seconds, 26 minutes 35 seconds, and 40 minutes 15 seconds, respectively. Earlier, in the August 13 competition, the Vietnamese first tank crew also downed four targets and finished the race after 34 minutes 50 seconds. The third tank … [Read more...] about Vietnam’s second tank crew destroys four targets

Vietnamese Defense Minister General Phan Van Giang delivered a pre-recorded speech at the second session of the conference. The MCIS-10 draws the participation of 700 delegates from 70 countries and six international organizations. During the event, there will be plenary sessions with topics on global security in a multipolar world, and regional issues amid global security: Asia-Pacific, Africa, Middle East, and Latin America. In his video address, Russian President Vladimir Putin emphasized the significance of the conference in consolidating peace and stability in the region and boosting partnership and dialogues in a constructive manner. Russian Minister of Defense Sergei Shoigu also had an opening speech at the event. In his pre-recorded speech at the second plenary session of the conference, Vietnamese Defense Minister Phan Van Giang spoke highly of the MCIS, saying that it is an important multilateral forum for participating countries to exchange points of view on … [Read more...] about Vietnam attends 10th Moscow Conference on Int’l Security

The Vietnamese delegation, led by General Ngo Xuan Lich, member of the Politburo, Deputy Secretary of the Central Military Commission, Minister of National Defense, attended the conference. The conference focused on global and regional security issues, counter-terrorism, security in Europe and the Middle East, the situation in the Asia Pacific region, and the role of multilateral cooperation mechanisms in dealing with challenges. Russian President Vladimir Putin sent to the conference a message, which was read by Nikolai Patrushev, Secretary of the Security Council of Russia, at the opening ceremony of the conference. In his opening remarks, General Sergei Shoigu, Russian Minister of Defense, reviewed issues in Russia’s relations with NATO, countries inside and outside the region, and traditional partners in Asia Pacific. He stressed that Russia’s strategic partnership with China, India, Vietnam, Laos, and Myanmar is practical, and Russia is promoting partnership with Brunei, … [Read more...] about Seventh Moscow Conference on International Security opens

At the meeting (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Vu Duc Dam on August 17 asked the Ministry of Culture , Sports and Tourism (MCST) to review the operation of household businesses in the tourism sector affected by the COVID-19 . The ministry should coordinate with core travel firms to form key routes connecting localities, the official said at a meeting of the State Steering Committee for Tourism in Hanoi which assessed the implementation of tourism recovery solutions. He ordered restarting heritage digitalisation with the participation of travel enterprises to promote new tourism products. Regarding electricity prices for tourism services and lodging facilities, Dam, also head of the Committee, asked the Ministry of Industry and Trade (MoIT) to submit a plan on power price adjustment to the Prime Minister before application. The MCST, travel associations and firms should propose specific tax and land incentives, he said. Minister Nguyen Van Hung … [Read more...] about Committee seeks ways to ensure rapid, sustainable tourism recovery

Dry port in Udon Thani (Source: Bangkokpost) Bangkok (VNA) - The Industrial Estate Authority of Thailand (IEAT) has said that it is planning to develop a dry port in Udon Thani, with the aim of developing the northeast province into a centre for regional land transport, linked with the Chinese-Lao high-speed train system. According to the IEAT’s leader Veeris Ammarapala, the new inland transport facility will support trade among provinces in the northeast and the Thai economy. This port will also improve the efficiency of Thai logistics and land transport via roads and railways, he said. The IEAT is also confident the dry port in Udon Thani has the potential to serve ASEAN as a new transport hub in the future because Thailand is located in mainland Southeast Asia, surrounded by Myanmar, Laos, and Cambodia, with southern China nearby. The IEAT said the new dry port can be linked with Laemchabang deep-sea port in Chon Buri and Map Ta Phut deep-sea port in … [Read more...] about Thailand eyes to own regional land transport centre

Staff of Sai Gon Bank interview candidates at a job fair held by the HCM City University of Economics in May. — Photo diendandoanhnghiep.vn Banks are focusing on digital transformation and automation, which has led to increasing demand for IT and data personnel, according to a report recently released by the recruitment service provider Navigos Group. Banks need high-quality human resources, yet it can be difficult and costly to find qualified staff due to market competition. Digital transformation has been undertaken by large banks in the past three to five years. Due to competition and the pandemic, numerous banks have expanded their digital transformation over the past two years. Searches by banks for mid- and high-level positions related to digital banking and digital transformation occupied half of bank jobs from the second half of 2021 to mid-2022. Some positions that are always in high demand for digital transformation include product owner, project manager, business … [Read more...] about Banks struggle to recruit personnel for digital transformation

HD SAISON has unveiled a preferential loan package of VND10 trillion (US$429.78 million) for workers at industrial parks across the country with the stated goal of protecting them from loan sharks. — Photo courtesy of the company HD SAISON, a subsidiary of HDBank, has earmarked a loan package of VND10 trillion (US$429.78 million) at half the market interest rate for workers at industrial parks across the country. Through this, it hopes to help the government stabilise the economy and ensure social security, and protect workers from loan sharks. Workers expressed happiness on hearing about the package. HD SAISON will lend from this package until the end of 2023 at an interest rate of 20 per cent a year compared to the normal rate of 40-50 per cent. Borrowers can roll over their loans for several years. For the sake of workers An HD SAISON spokesperson said the company was honoured to be chosen by the Government and the State Bank of Vietnam as one of two consumer finance … [Read more...] about Why do workers opt for HD SAISON’s loan package?