Lam Nguyen Hoang Thao, senior associate at law firm Russin & Vecchi The central provinces of Thanh Hoa and Nghe An are looking for the government’s green light to convert some coal-fired power projects into liquefied natural gas (LNG) -to-power one. How do you think this trend is panning out in Vietnam so far? I believe that the trend of converting coal-fired power to LNG-to-power plants in Vietnam is a very positive development. The Power Development Plan VIII (PDP8) called for a reduction in the use of coal and an increase in the use of cleaner fuels. The nation’s goal is to make the transition to green, renewable energy including solar, wind, biomass, ammonia, hydrogen, and nuclear energy. However, the road to reach these goals is still long and uncertain. Vietnam still has limited ability to supply energy from biomass and green ammonia due to the limitation of technology, expertise, and due to the related high production costs. Similarly, with hydrogen, the … [Read more...] about The key factors to take into account for switch to LNG
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Vietnam attends Global Entrepreneurship Congress 2023
The congress (GEC) was organised by the Global Entrepreneurship Network, gathering thousands of delegates and senior leaders from more than 170 countries to connect and share experience to create a unified and strong global innovation startup ecosystem. At GEC, Minister of Science and Technology Huynh Thanh Dat introduced the dynamic and highly open innovation startup ecosystem in Vietnam to attract international attention and resources, including those from Vietnamese overseas. “The Ministry of Science and Technology focuses on connecting the bilateral innovation startup ecosystem with other countries, hosting many international events, and implementing initiatives to promote cooperation between the innovation startup community and organisations,” he said. He added that activities such as promulgating specific policies, setting up innovation startup advisory networks, and connecting ecosystems at all levels have being strengthened and consolidated. According to the … [Read more...] about Vietnam attends Global Entrepreneurship Congress 2023
Vietjet Aviation Academy join IATA’s training network
Vietjet Aviation Academy is appointed as IATA’s latest Regional Training Partner (RTP) under an agreement signed between the two sides.(Photo: VNA) Hanoi (VNA) – Vietjet Air and the International Air Transport Association (IATA) have just signed a training agreement, under which Vietjet Aviation Academy is appointed as IATA’s latest Regional Training Partner (RTP) in Vietnam. Under the agreement, the academy will offer IATA training courses designed by industry experts. These courses are internationally recognized training programmes and are updated frequently to keep pace with the latest regulatory procedures, new standards, and the fast-changing demands of the aviation industry. At the signing ceremony, Vietjet Vice President and Chairman of Vietjet Aviation Academy Luong The Phuc said human resources are the focus of Vietjet’s development plans, and the aviation industry at large, adding the academy provides trainees with the best learning environment where they … [Read more...] about Vietjet Aviation Academy join IATA’s training network
Vietnam’s Top 10 digital technology companies named for 2023
Outstanding digital technology companies honoured (Photo: VNA) Hanoi – Vietnam’s Top 10 digital technology companies in 2023 were announced at a ceremony in Hanoi on September 22. Among them are Viettel Solutions, OneMount Group, VNPT, Mobifone, Rang Dong and FPT. Launched 2 months ago, the organising board selected 104 nominations in various fields to honour the top 10 digital technology enterprises in Vietnam. According to statistics, the total revenue in 2022 of these 104 businesses reached 164 trillion VND (6.7 billion USD), accounting for 43.75 per cent of the total revenue of Vietnam's software and information services sector. Speaking at the event, Deputy Minister of Information and Communications Phan Tam said that digital technology enterprises are the nucleus of the country's industrialisation and digital transformation of all industries. He said that the honoured companies' strategies to conquer the market are valuable lessons, opening the way for many others … [Read more...] about Vietnam’s Top 10 digital technology companies named for 2023
Banyan Tree Group celebrates World Wellness Weekend
World Wellness Weekend (WWW) is considered one of the largest wellness campaigns in the world, with the participation of more than 6,000 organisations and individuals in 147 countries and territories, with the message "Wellness for all - Healthy living for everyone." General manager of Garrya Mu Cang Chai Hylton Lipkin (yellow shirt) and associates Celebrating WWW this year, were the top brands of Banyan Tree Group, including Garrya Mu Cang Chai – a new resort brand in Northern Vietna expected to launch in early 2024; and Banyan Tree Lang Co - the most luxurious resort on the central coast of Vietnam, known for its core values of wellbeing. In the Northwest mountain area of Vietnam, with the guidance of Hylton Lipkin, general manager of Garrya Mu Cang Chai, also the ambassador of WWW in Vietnam, the attendees had a meaningful weekend. Not only organising meditation and yoga activities, this was also an opportunity for Garrya Mu Cang Chai to offer the bustling … [Read more...] about Banyan Tree Group celebrates World Wellness Weekend
Exhibition on Hoang Sa, Truong Sa underway in Cao Bang
Cao Bang opens an exhibition on Hoang Sa , Truong Sa, Semptember 22 (Photo: VNA) Cao Bang (VNA) – An exhibition on historical and legal evidence proving Vietnam’s sovereignty over Hoang Sa (Paracel) and Truong Sa (Spratly) opened in the northern mountainous province of Cao Bang on September 22. On display are 80 maps and documents affirming Vietnam’s sovereignty over Hoang Sa and Truong Sa issued by the Vietnamese feudal states from the 17th century to the 20th century. Photos featuring the signing ceremony of three documents on Vietnam-China land border, documents on Vietnam-China land border landmark, among others. Besides, the exhibition also introduces nearly 400 photos featuring the Association of Southeast Asian Nations (ASEAN) community, photos on ethnic groups and religions of Vietnam. Visitors at the exhibition (Photo: VNA) Deputy Director of the provincial Department of Information and Communications Vu Van Chung said the event plays an … [Read more...] about Exhibition on Hoang Sa, Truong Sa underway in Cao Bang
Vietnam, Canada hold second defence policy dialogue
The second defence policy dialogue between Vietnam and Canada in Ottawa on September 21 (Photo: VNA) Ottawa (VNA) – The second defence policy dialogue between Vietnam and Canada took place in Ottawa on September 21 under the chair of Vietnamese Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien and his Canadian counterpart Bill Matthews. The two officials highly valued the recent defence cooperation results in such fields as high-level mutual visits, dialogue - consultation, personnel training, UN peacekeeping operations, maritime security, defence industry, border management, migration, and cooperation at regional and international forums, matching the areas promoted by the two countries’ leaders and defence ministries under the 2019 memorandum of understanding (MoU) on defence cooperation and the defence cooperation plan for 2021-2023. They agreed to continue promoting defence cooperation in line with the signed documents and agreements with a focus on holding … [Read more...] about Vietnam, Canada hold second defence policy dialogue
Vietnamese FM attends preparatory meeting for 2024 future summit, holds bilateral meetings
Foreign Minister Bui Thanh Son (Photo: VNA) New York (VNA) – Foreign Minister Bui Thanh Son joined nearly 150 ministers and representatives from UN member countries at a preparatory ministerial meeting for the 2024 Summit of the Future in New York on September 21 (local time). At the meeting, ministers pointed to major difficulties and challenges currently, especially those related to climate change, environment, food security, energy, water resources as well as the decline in trust and multilateral cooperation. They were especially concerned as the Sustainable Development Goals (SDGs) have been completed by 14%, and believed that the 2024 Summit of the Future is significant in creating new catalysts to promote the implementation of the 2030 Agenda . The ministers shared their countries' vision and priorities for the summit, and reaffirmed their commitment to strengthening global governance and multilateralism, calling for respect for the basic principles of … [Read more...] about Vietnamese FM attends preparatory meeting for 2024 future summit, holds bilateral meetings
Top legislator’s official visit expected to help boost Vietnam-Bulgaria multifaceted cooperation
NParty General Secretary Nguyen Phu Trong (R) receives then Bulgarian President Risen Plevneliev in 2013 (Photo: VNA) Hanoi (VNA) - National Assembly (NA) Chairman Vuong Dinh Hue’s upcoming official visit to Bulgaria is expected to help consolidate and enhance time-tested friendship and multifaceted cooperation between the two countries in general and the two parliaments in particular. Hue’s trip is made 15 years after the visit to the European country by then NA Chairman Nguyen Phu Trong in 2008. Vietnam and Bulgaria set up their diplomatic relations on February 8, 1950. Over the past years, the bilateral relationship has enjoyed positive developments in all fields from politics-diplomacy, economy, trade, defence-security, science-technology, education-training, culture to sports and tourism. In addition to regular visits by high-ranking leaders, the two countries have maintained close cooperation at regional and international forums, particularly within the … [Read more...] about Top legislator’s official visit expected to help boost Vietnam-Bulgaria multifaceted cooperation
Ceremony marks 50th anniversary of Vietnam-Japan diplomatic relations
A musical performance staged at the ceremony (Photo: VNA) Hanoi (VNA) – A ceremony, co-organised by the Vietnam Union of Friendship Organisations ( VUFO ), the Vietnam-Japan Friendship Association ( VJFA ) and the Foreign Ministry, took place in Hanoi on September 21 evening to celebrate five decades of diplomatic relations between Vietnam and Japan (September 21, 1973 - 2023). Addressing the event, Truong Thi Mai, Politburo member, permanent member of the Communist Party of Vietnam (CPV) Central Committee’s Secretariat, Chairwoman of the CPV Central Committee’s Organisation Commission, underscored the countries’ people-to-people exchange history spanning over 13 centuries and 50 years of cooperation and development. Vietnam and Japan hold a trustworthy and close partnership covering myriad fields from politics, economy, trade, investment to human resources, culture, education, science-technology, and people-to-people and locality-to-locality exchanges, she said. Mai, … [Read more...] about Ceremony marks 50th anniversary of Vietnam-Japan diplomatic relations