Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business
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Hanoi Book Festival 2023: Spreading reading culture
The annual October book festival has become a must-visit destination for book lovers in the capital. The 8th Hanoi Book Festival will return to the pedestrian area of Hoan Kiem Lake in downtown Hanoi from October 6 to 8, helping to spread reading culture to many local and international readers, according to the city's Department of Information and Communication. The event, which has become a popular cultural rendezvous for bookworms, is one of the activities to celebrate the 69th anniversary of the capital's Liberation Day (October 10, 1954-2023) and the 71st anniversary of the traditional day of Vietnam's book publishing, printing and distribution sector (October 10, 1952-2023). A scene at the seventh edition of the Hanoi Book Festival last year. Photo courtesy of the organizer The book festival has been held in the capital city annually and has become a must-visit destination for book lovers every year in October. With the theme "Lighting the Fire of … [Read more...] about Hanoi Book Festival 2023: Spreading reading culture
Floods isolate villages in central Vietnam
Quang Binh, home to world's largest cave Son Doong, experienced heavy rains triggered by a tropical depression Monday night through Tuesday morning. Routes connecting villages and communes in Minh Hoa, Tuyen Hoa and Quang Ninh districts were flooded by water levels 1-2 meters deep. Rockslides also caused traffic jams on National Highways 15 and 9B. The Quang Binh Steering Committee for Natural Disaster Prevention, Search and Rescue said thousands of families in 18 villages had been isolated by the floods, and people were forced to use boats to travel around. "On the night of September 25, authorities cooperated with border guards to help dozens of families in flooded areas relocate with their belongings and move to shelters," said a representative from Dan Hoa Commune in Minh Hoa District. To the north of Quang Binh in Ha Tinh Province, a bridge over the Ngan Sau River in Huong Khe District was inundated by up to a meter of water at certain points on Tuesday. Authorities … [Read more...] about Floods isolate villages in central Vietnam
CMSC navigates reforms and challenges at SOEs
Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs
Evolving demands and trends dictate VIR‘s future
Print has been the mainstay, but times change and so must the press. Photo: Le Toan Since taking a role as an economic counsellor at the Indonesian Embassy to Vietnam a few years ago, Ance Maylany Napitupulu has considered the local media a reliable source of information for her work. “I’m quite impressed by what Vietnam Investment Review has been doing in conveying information via in-depth stories on both online and print newspapers, and especially in organising events,” Napitupulu said. Napitupulu attended VIR ’s conference themed “Stronger Investment Partnerships for a Thriving Vietnam” in May, where she had an opportunity to establish relations with experts. This was the second time that Napitupulu had participated in such large-scale events led by VIR , which she said is becoming a professional event organiser besides its well-established expertise in the Vietnamese press. “I hope to have another opportunity to attend VIR events as they will provide me with new … [Read more...] about Evolving demands and trends dictate VIR‘s future
Ho Chi Minh City district dismantles house occupying intersection for decade
The administration of Tan Phu District in Ho Chi Minh City on Monday pulled down a house that had occupied the intersection between three streets for 10 years. Following the district’s encouragement, the owner of the house at the intersection of Au Co, Luy Ban Bich, and Ba Van Streets agreed to hand over the property to the district for demolition, Nguyen Quoc Binh, vice-chairman of the Tan Phu District People’s Committee, told Tuoi Tre (Youth) newspaper the same day. After dismantling the house, the district will revitalize the area, Binh added. The administration of Tan Phu District in Ho Chi Minh City demolishes the house at the intersection of three streets. The house, measuring some 30 square meters, was still located at the intersection after a project to expand Luy Ban Bich Street was completed in 2014. It not only limited road users’ visibility but also caused traffic jams in the area. In 2017, the house owner was offered a land lot in Tay Thanh Ward, Tan … [Read more...] about Ho Chi Minh City district dismantles house occupying intersection for decade
Hanoi, Shanghai businesses agree to build high-tech complexes
Both Hanoi and Shanghai expect to lure more tech developers to the city. The Hanoi Ancillary Industry Business Association (HANSIBA) and N&G Group on September 26 validated an agreement with the Shanghai business delegation. The signing ceremony between HANSIBA, N&G Group, and the Shanghai business delegation. Photo: Khac Kien/The Hanoi Times Under the agreement, the companies in Vietnam and China will proceed with all administrative procedures and bring their production lines into operation in 2024, thus benefiting both sides. The three parties will work towards developing a Vietnam-China technology complex and begin with the setup of a Hanoi-Shanghai facility in the second zone of the Hanoi Southern Supporting Industrial Park (HANSSIP). The complex, called Techno Park, will be of international standards. It is designed to accomplish the 17 sustainable development goals eyed by the United Nations. The complex will draw Chinese and … [Read more...] about Hanoi, Shanghai businesses agree to build high-tech complexes
Typical Hanoian autumn snacks
Vong Village's green rice flakes or egg coffee are among snacks that make autumn in Hanoi even more unforgettable for its dwellers. Hanoi in Autumn is known for its poetic beauty and unique culinary specialties, such as ripe dragon plums or dried beef salad. Here are some typical dishes to help readers explore the capital's most enchanting season. Vong Village’s Com The best green sticky rice in Vietnam is said to come from Vong Village in Hanoi. Photo: Com Vong Ha Noi Autumn in Hanoi is associated with com , or green rice flakes, which seems to have become a hallmark of Hanoi cuisine. Com is made from young glutinous rice grains that are carefully selected, roasted, and winnowed to remove all the husks. Vong Village in Dich Vong Hau Ward , Cau Giay District, is the cradle of Hanoi Com . Over time, Hanoi dwellers have come up with tasty variations on the rustic original: Com sweet dessert soup, fried com , roasted com , sticky … [Read more...] about Typical Hanoian autumn snacks
Photo exhibition spotlights long-lasting Vietnam-Cuba amity
General Director of the Vietnam News Agency (VNA) Vu Viet Trang introduces to the delegates 50 precious documentary photos of VNA and Prensa Latina at the exhibition (Photo: VNA) Quang Tri (VNA) – A photo exhibition showcasing the long-lasting relationship between Vietnam and Cuba took place in the central province of Quang Tri on September 26, marking the 50th anniversary of Cuban leader Fidel Castro ’s visit to the liberated zone in Southern Vietnam. Co-organised by the Vietnam News Agency (VNA), Cuban news agency Prensa Latina (PL), and the provincial People’s Committee, the event featured 50 iconic black &white, and colour documentary photos. Selected from the archives of the two news agencies, they depict the activities of Fidel Castro in Vietnam at the time as well as images of meetings between the Vietnamese and Cuban leaders in their reciprocal visits. The witness in the photo talks about his memories with Cuban Leader Fidel Castro (Photo: … [Read more...] about Photo exhibition spotlights long-lasting Vietnam-Cuba amity
More than 100 dead, 150 injured in Iraq wedding inferno
NINEVEH, Iraq - More than 100 people were killed and 150 injured in a fire at a wedding party in Hamdaniya district in Iraq's Nineveh province that left civil defence searching the charred skeleton of a building for survivors into the early hours of Wednesday. Nineveh Deputy Governor Hassan al-Allaq told Reuters that 113 people had been confirmed dead, with state media putting the death toll at at least 100, with 150 people injured. The fire ripped through a large events hall in the north-eastern region after fireworks were lit during the celebration, local civil defence said, according to state media. "We saw the fire pulsating, coming out of the hall. Those who managed got out and those who didn't got stuck. Even those who made their way out were broken," said Imad Yohana, a 34-year-old who escaped the inferno. Security forces and emergency responders among others gather at a hospital following a fatal fire at a wedding celebration, in the district of Hamdaniya … [Read more...] about More than 100 dead, 150 injured in Iraq wedding inferno