Prime Minister Pham Minh Chinh (R) and US National Security Advisor Jake Sullivan. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh has proposed relevant agencies of Vietnam and the US work together to complete new cooperation frameworks to lay a foundation for the two sides further promote and deepen bilateral cooperative relations, especially in the strategic fields of science-technology; innovation, green growth; sustainable and green energy transition; response to climate change; and cyber security. PM Chinh, who has been in New York to attend the high-level week of the 78th session of the United Nations General Assembly, made the suggestion while hosting a reception for US National Security Advisor Jake Sullivan on September 20. The move aims to realise the outcomes of the recent state visit to Vietnam by US President Joe Biden, he said, hailing the US National Security Council’s support to bolster the Vietnam – US relations over the past years. The PM … [Read more...] about PM receives US National Security Advisor in New York
Cyber security risk management framework
PM receives U.S. National Security Advisor in New York
Prime Minister Pham Minh Chinh has proposed relevant agencies of Vietnam and the U.S. work together to complete new cooperation frameworks to lay a foundation for the two sides to further promote and deepen bilateral cooperative relations, especially in the strategic fields of science-technology; innovation, green growth; sustainable and green energy transition; response to climate change; and cyber security. PM Pham Minh Chinh, who has been in New York to attend the high-level week of the 78th session of the United Nations General Assembly, made the suggestion while hosting a reception for U.S. National Security Advisor Jake Sullivan on September 20. The move aims to realize the outcomes of the recent state visit to Vietnam by U.S. President Joe Biden, he said, hailing the U.S. National Security Council’s support to bolster the Vietnam - U.S. relations over the past years. The PM took this occasion to thank Sullivan for successfully arranging the U.S. President’s visit to … [Read more...] about PM receives U.S. National Security Advisor in New York
JB Securities strives to contribute to development of Vietnam’s capital markets
Kim Dooyoon, CEO of JB Securities Vietnam What is your assessment of the financial landscape of the country, and how have you seized opportunities? In the last three years living and working in Vietnam, I have found that for Vietnamese business, the main source of financing is mostly from banks, and the capital markets are in the early stage compared to peer countries in Asia. As Vietnam's economy grows fast compared to other countries, I expect that its capital markets will also grow to meet the funding needs from the industries, based on my experience and study in Korea and the US. With this expectation, I have decided to focus on the debt capital market first since I joined JB Securities Vietnam (JBSV) three years ago. In particular, in the last two years, JBSV has advised corporate bond issuances and made commitments to invest more than 1 trillion VND. Thanks to our strong financial analytical skills and advanced risk management scheme on the bonds, JBSV has been … [Read more...] about JB Securities strives to contribute to development of Vietnam’s capital markets
Parkway dental clinic chain secures $5 million investment
The fresh funds will be used to fuel Parkway's business expansion and facility upgrade. The dental clinic chain will also receive technology support from 24hmoney. Founded in 2017, Parkway has 11 dental clinics in five localities in Vietnam. The company plans to put another six dental clinics into operation by the first quarter of 2024. "This is a strategic fundraising round for Parkway. We hope that the tie-up with 24hmoney will help improve the standards of dental care, scale up the system, and unlock the potential of dental tourism in Vietnam," a representative of Parkway said. 24hmoney, which is owned by Vietnamese entrepreneur Phan Minh Tam, has made successful investments in the hair salon chain 30Shine and the human resources provider Sieu Viet. Tam said, "24hmoney wants to invest in businesses with growth potential and good positions in their industries. Along with financial support, we also share the know-how to support businesses in strategy building, operations, … [Read more...] about Parkway dental clinic chain secures $5 million investment
Legal framework required for renewable export opportunities
A solar farm in the southern province of Ninh Thuận. — VNA/VNS Photo Ngọc Hà Several countries in the Southeast Asia region have expressed interest in purchasing Việt Nam's renewable energy, according to the Institute of Science and Environment, Seas and Islands under the Ministry of Natural Resources and Environment (MoNRE). According to Dr Dư Văn Toán from the institute, Việt Nam's total installed power capacity reached 78.4GW by 2021, making it the largest power system among ASEAN countries. The country has also been heavily investing in renewable energy in recent years. By 2030, Việt Nam's offshore wind power is projected to reach 6,000MW, with a goal of over 70,000MW by 2050. The National Power Development Plan VIII for the 2021 - 2030 period has set out a path for the strong development of offshore wind power, in conjunction with other renewable energy sources including solar power, onshore wind power, hydro, and biomass to meet domestic and export demands. "We have … [Read more...] about Legal framework required for renewable export opportunities
Vietnam urged to manage dog populations to end rabies-caused human deaths
It’s necessary to adopt lessons learned and work closely with local governments to ensure a decrease in deaths going forward. Vietnam needs to prioritize the management of dog populations to end human deaths from dog-mediated rabies in the country which the viral disease claims between 70 and 100 lives per year. Dog vaccination in Vietnam. Photo: Quoc Khanh/VNA The call was made in response to World Rabies Day on September 28 by leading global public health organizations namely The World Health Organization (WHO) in Vietnam, the Food and Agriculture Organization of the United Nations (FAO) in Vietnam, the US Agency for International Development (USAID), and the United States Centers for Disease Control and Prevention (US CDC). The country also needs to increase resources for the vaccination of dogs and provision of post-exposure prophylaxis for those bitten by dogs. Rabies is a rare but very serious infection that affects the brain and nerves. It almost … [Read more...] about Vietnam urged to manage dog populations to end rabies-caused human deaths
Petrovietnam in step with 48 years of national development
An oil rig of Petrovietnam (Photo: VietnamPlus) Hanoi (VNA) – Forty-eight years since its establishment, the Vietnam Oil and Gas Group (Petrovietnam) has become a multi-billion-dollar enterprise and made breakthrough and comprehensive development strides. Petrovietnam was set up on September 3, 1975 with the goal of helping guarantee national energy security and serving as a pillar of economic support for national development. Shortly after the date of national reunification (April 30, 1975), on September 3 the same year, the Vietnam General Department of Oil and Gas, the predecessor of Petrovietnam , was established under the Council of Government in efforts to realise late President Ho Chi Minh’s aspiration to develop an oil and gas industry of the country. Nearly half a century has passed, Petrovietnam has managed to master the most cutting-edge technologies and build a complete oil and gas industry. From 1986 to 2022, it posted more than 400 billion USD in total … [Read more...] about Petrovietnam in step with 48 years of national development
Vietnam, U.S hold defense policy dialogue 2023
During the dialogue, the two head delegates evaluated that on the basis of the outcomes of the previous dialogue in 2022, such fields as settlement of war legacy, U.N. peacekeeping, humanitarian assistance and disaster relief, navigation security, defense industry, cyber security, military medicine have been carried out as planned and reaped positive results. Among them, the cooperation in addressing war legacy has continued to be a pillar and a bright spot in the bilateral relations, helping build trust and strengthen mutual understanding between the two sides, raising the significance of the celebration of the 10th anniversary of Vietnam - U.S. comprehensive partnership (2013 - 2023). On behalf of the Vietnamese Ministry of National Defense (MND), Gen. Chien thanked the U.S. side for officially increasing the non-refundable aid for the Bien Hoa airport dioxin cleanup project from USD 183 million to USD 300 million according to the Limited Scope Grant Agreement (LSGA) on the project … [Read more...] about Vietnam, U.S hold defense policy dialogue 2023
Ho Chi Minh City, New York set up twinning ties to foster cooperation
Southern Vietnam’s Ho Chi Minh City and the northeastern American city of New York signed a memorandum of understanding to establish the twinning relationship at a ceremony in New York on Friday. The signing was made between Phan Van Mai, chairman of the Ho Chi Minh City administration and New York Mayor Eric Adams, in the presence of Vietnamese Prime Minister Pham Minh Chinh, who are in the U.S. city to attend the General Debate of the 78th session of the United Nations General Assembly. This MoU on twinning ties “is of great significance to both cities” as the two countries have recently upgraded their bilateral relations to a comprehensive strategic partnership, Mai told Tuoi Tre (Youth) newspaper. “This is not only symbolic but also demonstrates a strong commitment to promoting comprehensive, substantive and effective cooperation between the two countries at all levels,” Mai commented. “I hope the sister relationship will serve as a solid and favorable foundation for … [Read more...] about Ho Chi Minh City, New York set up twinning ties to foster cooperation
Ambassador Julien Guerrier: Vietnam and EU have common aspirations
EU Ambassador believes that with the EU's long-term experience in sustainable development, green transition, innovation, and modern technology, the EU has many advantages to support Vietnam in implementing sustainable development goals. Newly accredited European Union Ambassador Julien Guerrier has just accepted a new term in Vietnam and presented his credentials to President Vo Van Thuong on September 26. On September 27, he had his first press meeting and shared with The Hanoi Times about expectations for cooperation between Vietnam and the European Union (EU) during the term. Strengthen cultural cooperation How do you feel when you receive your new assignment in Vietnam? Vietnam is very close to me. Previously, when I was studying in Paris, there were many Vietnamese students in my class and they left a deep impression on me. I have also been to Vietnam many times to travel. On the diplomatic front, 27 years ago, I was a member of the EU's negotiating team on … [Read more...] about Ambassador Julien Guerrier: Vietnam and EU have common aspirations