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Faslink in collaboration with designer Lam Gia Khang introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stem, coffee grounds and mint fibres, and nano fabrics in HCM City on May 26. — Photo courtesy of the company Faslink, a pioneer in supplying green materials to the fashion industry, in collaboration with designer Lam Gia Khang, has introduced a fashion collection using eco-friendly materials such as fabrics made from bamboo, lotus stems, coffee grounds, mint fibres, and nano fabrics in HCM City last week. The collection includes "infiTec polo" shirts, the first shirts in Viet Nam that were woven using 3D knitting technology, a new fashion technology that helps optimise the production process, save costs and reduce material waste and CO2 emissions. In addition, Faslink also introduced a series of health-protecting and user-friendly products such as polo shirts using “cooling cafe” material with SPF100+ sun protection, “Offsun” … [Read more...] about Faslink introduces fashion collection with sustainable materials, innovative technology

Egroup's chairman Nguyen Ngoc Thuy has purchased Apax Holdings' bonds At a recent meeting with the National Assembly Standing Committee on the socioeconomic situation, Minister of Planning and Investment Nguyen Chi Dung said that increasing numbers of local enterprises have sold their properties to foreign businesses. The selling of assets and properties, or even entire businesses, has been common over the past year or two, with more businesses falling into difficulties and lacking capital. At the beginning of March, for example, the owner of the Dolce by Wyndham Hanoi Golden Lake Hotel in the heart of Hanoi put the hotel on the market at a starting price of $250 million. Nguyen Huu Duong, chairman of the hotel owner Hoa Binh Co., Ltd., said that the company's social housing project had not been granted construction permits, meaning a lack of cash flow and the need to sell off assets to ensure liquidity. “Many of the partners negotiating to buy our hotel are businessmen … [Read more...] about Foreign investors buying up local businesses

Vietnamese Prime Minister Pham Minh Chinh (L) meets with Australian Prime Minister Anthony Albanese on the sidelines of the 40th and 41st ASEAN Summits in Cambodia (Photo: VNA) Hanoi (VNA) – Australian Prime Minister Anthony Albanese ’s visit from June 3-4 is expected to further promote the sound relations between the two countries in all fields, including peacekeeping, education and training. This is the first official visit to Vietnam by Anthony Albanese since taking office and only two months after the state visit by Australian Governor-General, showing Australia's great attention to the Southeast Asian nation. Highlighting the Vietnam-Australia partnership in peacekeeping operations, Colonel Pham Manh Thang, Director of the Vietnam Department of Peacekeeping Operations, said that Australia was one of the first countries to sign a memorandum of understanding (MoU) with Vietnam in UN peacekeeping activities in 2015. The MoU laid a foundation for the two countries to … [Read more...] about PM Anthony Albanese’s visit hoped to lift up Vietnam-Australia partnership

Vietnam Space Week will be held in Hậu Giang and Bình Định provinces and HCM City from June 5 to 9. Organised by the two provinces, Thủ Đức City in HCM City and the HCM City Computer Association (HCA) with support from the US National Aeronautics and Space Administration, it will make Việt Nam the first Southeast Asian country to host such a NASA event. Visitors will have the chance to meet with US astronauts and experience space exploration and STEM (science, technology, engineering, and maths) educational activities. Michael Koetsier, vice president of client management at Skyrora UK Ltd, an orbital launch vehicle manufacturer focused on providing clients with low cost access to space for a range of satellites, said astronaut Mike Baker and flight surgeon Dr Josef Schmid would be in attendance. Baker was on four space missions, twice each as pilot and mission commander, and later became director of operations for NASA based at the Gagarin Cosmonaut Training Centre in Russia, … [Read more...] about NASA astronauts to take part in first Vietnam Space Week