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Blockchain-based projects in all kinds of sectors promise enticing income opportunities, Photo: FOTA Vietnam is emerging as one of the blockchain hubs in Southeast Asia and across the globe as the number of startups in this field increases significantly. At the Binance Blockchain Week in Dubai last month, two non-fungible token (NFT) games developed by Vietnamese enterprises were in the top 10 GameFi projects with the highest revenue in the Binance ecosystem. Often bringing in billions of dollars in profits, blockchain is becoming a fertile land that attracts investors and developers, and also those who have the need to find new job opportunities. A report from LinkedIn confirmed that the hiring demand for blockchain programmers will continue to explode in 2022. Positions such as blockchain engineer and blockchain programmer alone account for 15.6 per cent of all LinkedIn job openings, proving the undeniable attractiveness of the blockchain industry in the market. The data … [Read more...] about Blockchain industry yearns for new talent

PANO – Over the past years, the small house of former soldier Bui Dinh Thu in Chi Tien commune, Thanh Ba district, Phu Tho province, with thousands of war objects relating to the resistance wars has been the venue for war veterans and locals, especially young people. Especially, on the occasion of important events of the nation such as the liberation of the south and national reunification day (April 30 th ), the Dien Bien Phu Victory (May 7 th ), National Day (September 2 nd ), the founding anniversary of the Vietnam People’s Army or the lunar New Year festival, Thu’s small “museum” welcomes visitors of different ages and the owner enthusiastically and proudly introduces guests to the origin, significance, and stories of each item. He feels happy as more and more students from local schools in Phu Tho province as well as cultural researchers are coming to his small museum to learn about his collection of war objects. Thu (right) introduces war items in his … [Read more...] about Former soldier’s museum of war artifacts

Because of strict visa policies, promotions to attract international tourists have not been as effective as expected, according to many businesses. Enterprises have made huge investments to welcome back tourists, but such illogical visa policies may slow down the tourism recovery pace. Being confused and facing difficulties Many travel companies in Da Nang City told Tuoi Tre (Youth) newspaper that visa policies for foreign tourists were still their biggest concern. Before the COVID-19 outbreak, Vietnam offered the visa waiver policy for citizens of many countries and the normal visa approval period was three to five days (visas which were valid for 30 days). However, the list of countries whose citizens are entitled to Vietnam’s visa waiver policy has been shortened and the visa processing period has been lengthened, putting enterprises at a disadvantage. Cao Tri Dung, chairman of the Da Nang Tourism Association, said that after the COVID-19 pandemic, the number of … [Read more...] about Strict visa policies hinder international guests from visiting Vietnam

President Hồ Chí Minh picks wild orchids to present as gifts to young people. — VNA Archive photo HÀ NỘI — Football fans across Việt Nam shall turn on their home TV, or get together in a neighbourhood bar with a large screen, or in an open yard of a bia hơi joint to watch U-23 team play against Malaysia, scheduled to take place at Việt Trì Stadium in Phú Thọ Province. Homeland to the ancient founding fathers of what we call Việt Nam today, Phú Thọ can boast other signature cultural traits, the Hùng King Temple, the UNESCO intangible heritage of hát xoan , a ritual style of singing, or hát ghẹo , festival courting singing. For gardeners and orchid lovers, Phú Thọ was where the dendrobium-anosmum var, a variety of orchids was found. The fragrant five-white petal dendrobium was first found by a member of the Central Circus Troupe from Hà Nội, who evacuated to avoid bombing in 1972. Upon seeing the fragrant beautiful blooms on the old banyan … [Read more...] about Hosting the Games: Phú Thọ Province, home to the country’s classic orchid beauty

Shannon Leahy – Trade Commissioner, Austrade and Nguyen Thi Thanh Thuy – General Director of BRG Retail. — Photo courtesy of Austrade The Taste of Australia 2022 is being held to showcase the best of Australian food, building on Australia's international reputation as a high-quality, safe, and sustainable supplier of food and beverages. The event aims to celebrate a strengthening bilateral relationship, flourishing trade and equally vibrant culinary cultures. This year's programme kicked off with a launch in HCM City on April 20. It will run through the month of June with a range of official events run by the Australian Embassy in Ha Noi, the Australian Consulate-General in HCM City and the Australia Trade and Investment Commission (Austrade). Taste of Australia 2022 has partnered with up to 40 of the best restaurants and prestigious chefs from diverse culinary cultures in both Ha Noi and HCM City to highlight the versatility and first-class quality of true Australian produce … [Read more...] about Taste of Australia 2022 aims to strengthen Viet Nam – Australia relationship

Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB

Intel Capital, the investment arm of the world’s largest chipmaker, has announced it is pouring US$17 million into companies in Vietnam and Singapore, marking its first-ever investment in this country. The money will be split in undisclosed amounts between Vietnam Communications Corporation and Singapore’s Reebonz.com, Intel said during the World Economic Forum in Bangkok on May 31. The company called Southeast Asia one of the world’s fastest-growing markets for advanced technology, driven by robust economic growth and a rising middle class. “As a result, we’re seeing strong demand for e-commerce and cloud-based services across the region, and these investments will help to accelerate that trend,” said Gregory Bryant, vice president and general manager of Intel Asia-Pacific. Its Hanoi-based partner, an internet infrastructure and services company, declined to give a dollar figure for the investment. But, “It’s not a small sum,” the corporation’s deputy general director … [Read more...] about Intel Capital invests in Vietnam for first time

Assoc Prof and PhD Đinh Trọng Thịnh. The corporate bond market is expected to become a major source of capital for businesses in the long term, alleviating the pressure on the banking system in supplying capital to the economy. However, recent scandals involving bonds issued by property developers as well as uneven quality of corporate bonds have weakened investor confidence in the market. Assoc Prof and PhD Đinh Trọng Thịnh, a senior economist from the Academy of Finance, spoke to Vietnam News Agency Television about the loopholes in this market and solutions to make the market healthier and grow well. How do you evaluate the current state of the corporate bond market after a number of controversies related to corporate bonds? After some scandals involving corporate bond issuance, the corporate bond market has slowed down. Previously, the market grew about 46 per cent on average in the 2017-21 period and in 2021, the growth rate was 56 per cent. It still kept growing … [Read more...] about Fixing loopholes to improve health of the corporate bond market

The Vietnamese general led a high-ranking Vietnamese military delegation to accompany Prime Minister Pham Minh Chinh who was on his working trip to the U.S. to attend the ASEAN - U.S. Special Summit. On May 16, at the U.N. Headquarters, Sr. Lt. Gen. Pham Hoai Nam worked with General Birame Diop, military adviser and assistant secretary-general. At the meeting, the Vietnamese general thanked the U.N. for choosing and supporting Vietnam in deploying the Level-2 Field Hospital Rotation 4 and the Engineering Company Rotation 1 to the U.N. peacekeeping missions in South Sudan (UNMISS) and Abyei (UNISFA). He hoped that the U.N. will continue backing Vietnam to deploy its military medical and engineering forces to suitable U.N. peacekeeping missions as well as to run for high positions at U.N. missions and headquarters. Gen. Nam suggested the U.N. expands cooperation in other fields with priority given to war legacy settlement, and humanitarian assistance and disaster consequence … [Read more...] about Defense leader meets with U.S. and U.N. officials

Japan's Nuclear Regulation Authority (NRA) granted an initial approval on Wednesday for a Tokyo Electric Power's (Tepco) plan for releasing water from the destroyed Fukushima nuclear power plant into sea, citing there are no safety issues. The NRA plans to make a decision on final approval after a one-month public comment period, an official at NRA said, who deals with the issue. In 2021, the Japanese government approved the release of over 1 million tonnes of irradiated water from the site after treatment into the ocean, starting around spring 2023. The announcement provoked concerns from local fishermen and objections from neighbouring China and South Korea. Tepco plans to filter the contaminated water to remove isotopes, leaving only tritium, a radioactive isotope of hydrogen hard to separate from water. Tepco will then dilute the water until tritium levels fall less than 1/40th of regulatory limits, before pumping it into the ocean. Even after the NRA's approval, Tepco, … [Read more...] about Japan nuclear regulator grants initial nod to Fukushima water release plan