She said that Vietnam and Hungary have shared a 72-year partnership and traditional cooperation in all fields including education-training, law and justice, culture, sports, and people-to-people exchanges. The diplomat noted that Hungary considers Vietnam an important partner in Southeast Asia, and the two countries lifted their ties to a comprehensive partnership in September 2018. The parliaments of the two countries have also kept a good relationship with regular meetings and exchanges at all levels, while showing close and effective cooperation and mutual support at multilateral parliamentarian forums, she said. According to Ambassador Thao, the Vietnamese top legislator's visit will be a chance for senior leaders of Vietnam and Hungary to reaffirm their political commitments in continuing to promote the bilateral partnership, contributing to the economic recovery and sustainable development after COVID-19 in each country, while strengthening collaboration in global issues … [Read more...] about N.A. Chairman’s visit to deepen ties with Hungary in post-pandemic period: Ambassador
Global effects of deforestation
Part 1: A fair look into UNCLOS 1982 needed
That statement was made by Dr. Tran Cong Truc, former head of the Government Border Committee. An international comprehensive legal document On April 30, 1982, the third U.N. Conference on the Law of the Sea passed a new convention named The United Nations Convention on the Law of the Sea (UNCLOS) 1982. On June 23, 1994, Vietnam was one of the first countries in the world to ratify the convention and became a member of UNCLOS. According to Dr. Tran Cong Truc, UNCLOS 1982 was built on the basis of “whole package,” including all aspects related to the law of the sea. This is a comprehensive international legal document that consists of all the most important legal contents and practices in reality concerning seas and oceans. The most important part of the convention is that it devises a united measure of defining waters and continental shelf under the sovereignty and sovereign and jurisdiction rights of coastal countries. The convention also defines clearly the rights and … [Read more...] about Part 1: A fair look into UNCLOS 1982 needed
Thanh Hoa Power Company prepares for peak heat
Thanh Hoa Province’s power grid currently has 21 110-kV substations, more than 8,348 distribution substations with a total capacity of 2,738,340 kVA, and a system of medium and low voltage lines which can supply power to 810,637 users in the province (up 14,292 over the same period in 2021). With a synchronous and modern electricity system, which is also regularly upgraded, PC Thanh Hoa has fully met the electricity demand for production and daily use of local residents. However, the power supply is expected to throw up challenges due to the shortage of peak capacity in the summer months and load regulation is required. The constantly growing demand will also significantly affect the stability and safety of the power grid, and possibly cause local overloads in some areas. Following directions of the EVNNPC, from early this year, PC Thanh Hoa has been devising solutions for these challenges. The company has monitored full loads or overloads, drawing up plans to rotate transformers … [Read more...] about Thanh Hoa Power Company prepares for peak heat
Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
At the meeting According to general statistics from the General Department of Vietnam Customs, in the first five months of 2022, approximately 206,110 tons of cashew kernels of all kinds were exported earning over US$1.19 billion in export turnover, down 7.81 percent in volume and 6.81 percent in value. However, the average export price was about $5,792 a ton, up 1.45 percent from the same period last year. Regarding imports in the first five months, enterprises imported about 968,000 tons of raw cashew nuts from abroad with a value of nearly $1.4 billion, down 35.24 percent in volume and down 37.84 percent in value over the same period in 2021. However, prices of imports from Africa increased by 15 percent-20 percent since the beginning of the season. More importantly, importers are tending to be slow to purchase raw materials due to many reasons but the most common is the price difference between imported raw cashew nuts and export kernel prices. The price of raw cashew … [Read more...] about Cashew exports down due to rising oil prices, epidemics, Russia Ukraine conflict
Vietnamese cashew industry sees trade deficit for the first time
The US, China, and the EU remain the three largest markets for Vietnamese cashew, accounting for 26.8 percent, 17.7 percent, and 20.5 percent of the total export value of the cashew industry of Vietnam, respectively. Cashew nut exports to the US market declined by 10.1 percent in volume and 30.5 percent in value over the same period last year. Cashew nut exports to the EU market surged by 14 percent in volume but dropped by 21.2 percent in value. Cashew nut exports to China jumped by 136.4 percent in volume and 140.2 percent in value. Meanwhile, Vietnamese cashew processing enterprises imported 480,000 tons of raw cashew in April, spending up to $772 million, a sharp increase of 375 percent in volume and 470.5 percent in value compared to that in April last year. In the first four months of this year, Vietnam imported a total of 1.19 million tons of raw cashew, with a value of up to $1.88 billion, up 300 percent in volume and 323.5 percent in value over the same period last year. … [Read more...] about Vietnamese cashew industry sees trade deficit for the first time
HCM City works to clear hurdles for RoK investors
At the event (Photo: VNA) HCM City (VNA) – Investors from the Republic of Korea (RoK) in Ho Chi Minh City are facing a number of bottlenecks related to labour regulation and administrative procedures that need to be promptly removed, heard a June 24 dialogue between the municipal leaders and the business community. The collection of seaport infrastructure fees was also pointed to by many participating businesses. From April 1, 2022, all container vehicles entering and leaving the city’s Cat Lai port have to pay an additional fee for using seaport infrastructure. Korean firms proposed the establishment of a monthly gross payment process and a reduction of the fee, given their difficulties from increased logistics costs. Phan Van Mai , Chairman of the municipal People’s Committee, said the southern economic hub is working to recover after two years affected by the COVID-19 pandemic. Such recovery sees a significant contribution of the business communities, including … [Read more...] about HCM City works to clear hurdles for RoK investors
Part 4: Towards a bright future
A priceless common asset of the two peoples Since Cambodia's revolutionary and armed forces were strong and capable enough to defend the country, Vietnam withdrew its volunteer troops and advisors in 1989 under the agreement between the two parties and states, successfully fulfilling the glorious international mission in the neighboring country. After the Paris Peace Agreement in 1991 and the General Election in 1993, the Vietnam-Cambodia relationship was lifted to a new stage in accordance with the actual situation in each country. With the motto of "good neighborliness, traditional friendship, comprehensive cooperation, long-term sustainability," Vietnam-Cambodia relations have been continuously consolidated and extensively developed in all fields, of which defense cooperation is an important pillar. The first Vietnam - Cambodia Border Defense Friendship Exchange held in May 2022 vividly manifested the contribution of defense cooperation to enhancing mutual understanding and … [Read more...] about Part 4: Towards a bright future
Deputy PMs agree on measures for strengthening Vietnam-Cambodia links
Khai congratulated the Cambodian Government on the important achievements obtained under PM Hun Sen’s leadership, especially the success in COVID-19 containment and socio-economic reopening and recovery. Men Sam An, who is also Minister of the National Assembly - Senate Relations and Inspection of Cambodia, Vice President of the Cambodian People’s Party, and Chairwoman of the Cambodia - Vietnam Friendship Association, expressed her honor to represent the Cambodian Government to attend and deliver remarks at the ceremony marking the 55th founding anniversary of the countries’ diplomatic ties held in Hanoi earlier the same day. Saying she is impressed with Vietnam’s all-round attainments over the past years, she expressed her belief that under the clear-sighted leadership of the Communist Party of Vietnam, the Vietnamese Government and people will continue reaping more successes in national reforms and development and unceasingly promoting Vietnam’s stature in the international … [Read more...] about Deputy PMs agree on measures for strengthening Vietnam-Cambodia links
Emirates adds more flights from Viet Nam
Emirates is now increasing its frequency daily from Ha Noi and six times weekly from HCM City to Dubai and beyond. — Photo courtesy of Emirates Travellers from Viet Nam headed to Europe and the US this summer can enjoy more connectivity, flexibility and choices as Emirates is adding more frequency from both Ha Noi (HAN) and HCM City (SGN) starting from June 24, 2022. Since Viet Nam reopened its border for foreign tourists in March 2022, Emirates has gradually increased the weekly frequency on both routes from HCM City and Ha Noi, offering travellers from Viet Nam more convenience as well as a safe and seamless connection to Dubai and onward to Emirates’ global network of over 130 destinations. Starting from June 24, Emirates will boost its frequency from Ha Noi to daily flights. From June 24 to 30, Emirates flight EK394 will depart Dubai at 3:30am, arriving in Ha Noi at 1:15pm, while on its return leg, Emirates flight EK395 will depart Ha Noi at 12:25am, arriving in Dubai at 4 … [Read more...] about Emirates adds more flights from Viet Nam
Tran To Nga’s dioxin lawsuit receives encouragement
More than 90 people participating in the meal (Photo: VNA) Paris (VNA) – The committee in support of Tran To Nga who sued US firms for manufacturing the toxic AO defoliant used by US forces during the war in Vietnam on June 24 offered a charitable meal in Paris to raise fund for her lawsuit . The meal, the third of its kind after those in March and May, was participated by more than 90 people, including Vietnamese Ambassador to France Dinh Toan Thang and MP Sandrine Rousseau of the Europe Écologie les Verts (EELV) - Green Party. Nga said she was happy and felt touched when seeing a large number of overseas Vietnamese and French friends attending this event. She stated that this is a great honour and encouragement for her in this arduous and long battle. In 2014, Nga, who used to be a war correspondent in south Vietnam during wartime, sued the multinational companies, including Monsanto - Bayer, that produced or supplied herbicides for the US during the war … [Read more...] about Tran To Nga’s dioxin lawsuit receives encouragement