Distinction between micro and macro economics

The first Lotus Festival 2022 will take place in Cao Lanh City, the Mekong Delta province of Dong Thap from May 19 through May 21. The festival is expected to open in Cao Lanh City, the Mekong Delta province of Dong Thap from May 19 through May 21 aiming to honor the lotus and promote the cultural and economic values of products, souvenirs made from Dong Thap-based lotus plants; thereby, to boost the development of the lotus planting industry along with tourism development; develop typical products; attract more tourists to the Mekong Delta province and contribute to the local socio-economic development. During the festival, many cultural and tourist activities will be organized, notably a set record of 200 dishes made of lotus, the second forum to connect tourism between Ho Chi Minh City and 13 Mekong Delta provinces and cities. Thap Muoi's beautiful and immense lotus field According to the Provincial People’s Committee of Dong Thap, the lotus development potentiality … [Read more...] about Dong Thap Province ready for first Lotus Festival 2022

At a meeting with U.N. Deputy Secretary-General Amina J. Mohammed in New York on May 16 (local time), the PM stressed that the year 2022 is of great significance as it marks the 45th anniversary of Vietnam’s U.N. membership. Appreciating the U.N.’s valuable contributions and support to Vietnam over the past more than four decades, the PM asked Amina to convey his invitation to Secretary-General Antonio Guterres and other U.N. leaders to visit Vietnam this year to foster multi-faceted cooperation between the two sides. Chinh reiterated Vietnam’s strong commitments to multilateralism and a world order based on international law and the U.N. Charter, as well as the country’s support for the U.N.’s central role in the global administration system, saying it needs global, all-people, and comprehensive approaches to tackle common challenges like epidemics and climate change. Vietnam backs enhancing relations between the U.N., parliaments of its member countries and the … [Read more...] about Vietnam to play more active role at U.N.: PM

He made the pledge while joining virtual talks with Premier of Victoria Daniel Andrews and the signing ceremony of an agreement on friendship and cooperation between the city and Victoria. Speaking at the event, the HCM City official expressed his delight at the thriving Vietnam-Australia relations, viewing them as the cornerstone of sound cooperation between the Vietnamese southern economic hub and Australian localities, including Victoria state. He thanked Victoria’s authorities for supporting and working with HCM City to prepare for the signing ceremony, hoping that after the event, the two localities will join hands to carry out cooperation plans and programs contributing to Vietnam - Australia ties in the coming time. Mai affirmed that the southern city welcomes visits by authorities and businesses from the Australian state to explore cooperation chances in artificial intelligence, digital transformation, automation and pharmaceutical products, contributing to HCM City’s … [Read more...] about HCM City bolsters cooperation with Australian state

Chairman of the National Assembly (NA) Vuong Dinh Hue (Photo: VNA) Vientiane (VNA) – Chairman of the National Assembly (NA) Vuong Dinh Hue on May 17 had a meeting with Chairman of the Laos-Vietnam Friendship Parliamentary Group and Vice President of the Lao National Assembly Sounthone Sayachak. The two leaders discussed a series of matters of common concern, including the law-making programmes for the upcoming sessions of the two NAs, and the construction of key national projects and road infrastructure. The coordination between the NA and government in each country in the implementation of legislative tasks and socio-economic development was also tabled. Hue expressed his delight to visit Laos on the occasion of the Vietnam-Laos Year of Solidarity and Friendship 2022, which marks the 60th founding anniversary of diplomatic relations and the 45th anniversary of the signing of the Vietnam -Laos Treaty of Amity and Cooperation. Sounthone, meanwhile, lauded the … [Read more...] about Top Vietnamese legislator meets with Vice President of Lao NA

President Nguyen Xuan Phuc speaks at the event (Photo: VNA) Hanoi (VNA) - President Nguyen Xuan Phuc affirmed that the Party and State always consider ethnic affairs a strategic task in the country’s revolutionary cause, while receiving a delegation of reputable people from ethnic minority groups in the northern mountainous province of Tuyen Quang on May 17. Attention is always paid to the implementation of socio-economic and cultural development projects and ensuring of defence and security in the ethnic-populated and mountainous areas in a bid to raising the local living standards, Phuc stressed. Tuyen Quang is home to more than 20 ethnic groups, with the minority ethnic minorities accounting for 56.7 percent of the province’s population. The number of reputable people in these communities, who have made significant contributions to the local growth, security and order, amounts to 1,119. President Nguyen Xuan Phuc and the ethnic guests pose for a group photo … [Read more...] about President meets ethnic minority delegation from Tuyen Quang

PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant will use two GE 9HA.02 gas turbines. — Photo courtesy of the company GE has secured an order for generation equipment for PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant in Dong Nai Province. It will supply two blocks of more than 800 MW each including a GE 9HA.02 gas turbine, the company’s most efficient 50 Hz gas turbine, an STF-D650 steam turbine, a W88 generator, and others. It marks the US firm’s first H-Class gas turbine order in Viet Nam. Once in commercial operation in 2025, the plant, the first to be fuelled by liquefied natural gas in the country, is expected to deliver over 1.6 GW of electricity. The highly efficient natural gas means the power plant will have a lower environmental impact than thermal plants. On May 11 a memorandum of understanding to develop solutions to improve the efficiency of the existing Nhon Trach 1 plant and long-term co-operation for the maintenance of … [Read more...] about GE gets first 9HA combined cycle power plant equipment order in VN