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The victory in the first battle of the air defense troops also left invaluable lessons, of which the most remarkable one is the art of employing combined arms in air defense operations. To prepare for the war of destruction against North Vietnam then, from February 1964, U.S. air force used recce aircraft and paratroops to intrude the territory of North Vietnam from the sea so as to sabotage coastal economic and military facilities. At the beginning of April 1964, with the plan to air-raid 94 targets in the North, the U.S. “invented” the Gulf of Tonkin incident to legalize its war of destruction. Closely following the developments and learning the plot as well as activities in preparation for the war of destruction of the U.S. troops, in June 1964, the Politburo issued a resolution on enhancing combat capabilities and staying ready to foil the plot of the U.S. invaders. Party committees and governments of localities were to enhance their civil air defense alert and strengthen air … [Read more...] about The art of combined-arms operations in victory of air defense troops’ first battle

Jumping from rock to rock to rock over a creek formed off Austria's Jamtal glacier, scientist Andrea Fischer worries that precious scientific data will be irreversibly lost as the snow and ice melt faster than ever. "I couldn't have imagined that it would ever melt as dramatically as this summer... Our 'archive' is melting away," says the glaciologist. Fischer -- vice director of the Institute for Interdisciplinary Mountain Research at the Austrian Academy of Sciences -- has spent more than 20 years surveying Jamtal and four other Alpine glaciers across Austria's highest peaks for the oldest areas of ice. For scientists looking to reconstruct the Earth's climate in the distant past, such ice formations are a unique time capsule stretching back thousands of years. The glaciers contain an invaluable treasure trove of data -- as they grew, the ice encapsulated twigs and leaves, which can now be carbon-dated, Fischer explains. And based on the age of such material and the depth … [Read more...] about Austrian scientists race to reveal melting glaciers’ secrets

President Phuc spoke highly of efforts made by Quang Nam and Kon Tum provinces in preserving and developing Ngoc Linh ginseng and expanding the growing areas. However, he also pointed out several problems that need to be addressed in the development of Ngoc Linh ginseng such as climate change, counterfeit products, and the ineffective application of scientific and technological advances. Therefore, the State leader stressed the importance of the engagement of both producers and researchers to better develop the plant, as well as the need to diversify products, protect purebred genetic resources, and expand the application of technologies in growing and developing Ngoc Linh ginseng. At the workshop, representatives from some management agencies gave details on a project on Ngoc Linh ginseng development by 2030 with a vision to 2045, the current status and development orientations in Quang Nam province as well as potential and aspirations to develop this kind of ginseng in Kon Tum … [Read more...] about President requires greater efforts to promote value of Ngoc Linh ginseng

Thanh Cong Textile Garment Investment Trading JSC exported over one-third of its products to the United States in 2021. However, the company started to face challenges following the US’ blanket ban on all Xinjiang cotton. Last year, President Joe Biden signed into law the Uyghur Forced Labor Prevention Act. Vietnam’s cotton imports reach up to one million tonnes each year, Photo: Shutterstock Tran Nhu Tung, chairman of the company, said that the company has adopted regulations this year related to this act. Accordingly, buyers have to be responsible for export orders to the US which source Chinese cotton materials. Thanh Cong secures many large orders from the US. In 2022, the company sets a target to generate $179 million in revenues and $10.87 million in profit, up 120 per cent and 188 per cent respectively against last year. Tung noted that yarn exports are the main driving force for Thanh Cong. “There is a rapidly growing demand for yarn imports in the global … [Read more...] about Demand for cotton forces adjustments

Granting an interview to the Vietnam News Agency (VNA)'s correspondents in Laos on the occasion of the Association of Southeast Asian Nations (ASEAN)’s 55th founding anniversary (August 8), Saleumasay said that Vietnam joined ASEAN in 1995, and two years later, Laos also became a member of the group. Since then, the two countries have become active members, making important contribution to the bloc's policy and vision making. Regarding the building of the ASEAN Economic Community, he said that Vietnam is a major country and plays an important role in the region, and has relations with many countries, especially great powers, which is also its direct contribution to the ASEAN Economic Community’s important role in the region and the world as well. Since their admission to ASEAN, Vietnam has assumed the role as ASEAN Chair thrice, while Laos will take on the position for the third time in 2024. During these times, both Laos and Vietnam have stressed the central leadership role of … [Read more...] about Vietnam, Laos contribute greatly to ASEAN Community building: Lao Deputy PM

For one, the oil and gas industry is under immense pressure to improve operational efficiency, productivity, and worker safety; maintain cybersecurity; and, simultaneously, reduce environmental impact. In order to solve these challenges, oil and gas companies are accelerating their digital transformation. Denis Brunetti, President, Vietnam and Myanmar Ericsson As they adopt use cases around automation, smart safety and environmental monitoring, the oil and gas industry is increasingly looking to advanced cellular connectivity to help drive efficiencies, while being more environmentally sound. The industry is expected to meet the global goal of net-zero carbon by 2050. According to a McKinsey study, the use of advanced connectivity to optimise drilling and production throughput and improvements in maintenance and field operations could add up to $250 billion of value for oil and gas upstream operations by 2030. Digitalisation enabled by cellular connectivity can … [Read more...] about 4G/5G wireless networks driving digitalisation across industries

The EU is Vietnam’s second-largest trading partner and an export market that witnessed the euro fall below $1 for the first time in nearly 20 years on July 29. Euro-dollar parity threatens the nation’s exports, source: freepik.com Pham Van Viet, chairman of Viet Thang Jeans, the top 5 leading fashion companies in Indochina, said that the immediate impact on textile and garment export enterprises is a decrease in value. All customers in Europe pay in euros and Vietnamese businesses that receive money back home must exchange it for USD. Now that the euro has fallen to the level of the US dollar, the export value of each shipment will decrease accordingly. “Profits of businesses are low because input costs such as gasoline, input material prices, and labour costs have all increased, now the plunge in euro prices will drag profits down even more,” he told VIR. Viet added that the depreciation of the euro shows that the European market is currently unstable, and … [Read more...] about Euro-dollar parity threatens the nation’s exports

What are the concerns surrounding the Uyghur Forced Labor Prevention Act (UFLPA) implementation among Vietnamese garment exporters to the US? Association chairman Vu Duc Giang Some of the concerns are real. Since the UFLPA became effective in June, Vietnam has witnessed certain impacts on its garment exports to the US. Vietnam has maintained its position as the world’s third-largest cotton importer with a volume of 1.5 million tonnes per year. This includes 800,000 tonnes of cotton imported from the US, accounting for 60 per cent of the total imports. In January 2021, US Customs and Border Protection announced a ban on raw fibres, apparel, and textiles made from Xinjiang-grown cotton, which also covers cotton products made in third countries. Customs will detain imported merchandise unless the importer can prove by clear and convincing evidence that the goods were not from Xinjiang. What is the status of the recommendations from the US on Chinese cotton? Vietnam … [Read more...] about Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

As Vietnam steps into the post-pandemic era, experiences and learnings from the pandemic serve as a reminder of the importance of digital transformation and its crucial technology component. Eunjung Han, consultant at Rouse Legal Vietnam and vice chair of the Digital Sector Committee of the European Chamber of Commerce in Vietnam Despite COVID-19’s negative economic and social impact, Vietnam remains an attractive destination to European investors. According to the European Chamber of Commerce (EuroCham) 2021 White Book, Vietnam’s stable macro-economic climate, with inflation in the single digits, continues to increase investor confidence in the country’s trade and investment environment. Only adding to that, the EU-Vietnam Free Trade Agreement (EVFTA) is paving the way for continued foreign direct investment (FDI) from the EU and is viewed as a means for shared recovery and economic rebound. As the first comprehensive FTA between the EU and a developing country in … [Read more...] about EVFTA underpinning growth in Vietnamese tech market