Building high-tech agricultural models, integrating production chains, connecting regions, and establishing processing facilities for export are all necessary for agricultural production in Hanoi. Hanoi is poised to become a center for processed goods for export, said Hoang Thi Hoa, director of the Hanoi Agriculture Development Center under the Hanoi Department of Agriculture and Rural Development, in an interview with Hanoimoi newspaper. Clean farm production at Japan & Vietnam Vegetable Fruit Company. Photo: Phuong Nga/ The Hanoi Times How do you assess the current prospects of Hanoi's agricultural exports? Based on its relatively large arable land , Hanoi is building a modern agriculture sector by applying advanced digital technology to create quality products that meet consumer and export needs. Over the years, Hanoi has promoted importing several items, including fruits, wood and wood products, and some processed goods. Specifically, … [Read more...] about Hanoi to become processed goods export hub
Hanoi urban management 2023
Hanoi to ensure food safety for ten million residents
Hanoi will apply many solutions to improve the efficiency of enforcing food safety regulations in 2023 and the future. The Hanoi People's Committee has issued a plan to ensure food security for ten million people in the capital by 2030. The plan, signed by Deputy Chairman of the Hanoi People's Committee Nguyen Manh Quyen, aims to strengthen the responsibilities of local governments and socio-political organizations to ensure food safety and security in Hanoi in all circumstances. The plan also aims to promote the resources of all economic sectors and support from the State to develop agriculture in a sustainable way. A farmer introduces a new rice variety in Hanoi’s outskirts. Photo: Lam Nguyen/The Hanoi Times According to the plan, by 2030, Hanoi will have approximately 55,000 hectares of rice production with an annual output of at least 660,000 tons of rice. In addition, the city has set targets to increase food consumption, reduce the rate of … [Read more...] about Hanoi to ensure food safety for ten million residents
Hanoi’s second metro line project again encounters cost overruns, delays
The Nhon-Hanoi Station metro line project, the second of its kind in Hanoi, has just had its total investment revised up by VND1,916 billion (US$82 million) and its completion date delayed until 2027. The prime minister passed a decision on Tuesday approving the cost increase and delay of the project, after considering a proposal from the municipal administration and the Ministry of Planning and Investment. According to the Cabinet leader’s decision, the completion time of the project is now 2027, while its revised price tag is VND34,826 billion ($1.4 billion). The prime minister asked the Ministry of Finance to work with the Hanoi administration and relevant agencies to complete procedures required for the capital adjustment. The Nhon-Hanoi Station metro line will run 12.5 kilometers from Nhon in Nam Tu Liem District to the Hanoi Railway Station in the downtown area, with 8.5 kilometers on elevated tracks, four kilometers underground, and one depot. Work on the metro line … [Read more...] about Hanoi’s second metro line project again encounters cost overruns, delays
Hanoi youths apply digital transformation in volunteer activities
On May 30, nearly 1,000 students register for voluntary blood donation (Photo: VNA) Hanoi – Hanoi’s Ho Chi Minh Communist Youth Union on May 30 launched a volunteer youth campaign for summer 2023, during which it will intensify the application of digital transformation in volunteer activities. Secretary of the city Youth Union Chu Hong Minh said that this year, the union is aiming for digital transformation across all activities, including supporting the national high school graduation exam, building an online teaching platform, opening online classes for students living in difficult circumstances in the capital city as well as in other cities and provinces. This year’s campaign aims to attract the participation of 100,000 youth union members and young people. It sets targets of forming and maintaining at least 80 civilised roads, investing in and supporting the building of at least 100 entertainment places for juveniles and children, repairing at least 150km of rural roads, … [Read more...] about Hanoi youths apply digital transformation in volunteer activities
Writer Tran Duc Tien wins “Cricket Knight” Prize 2023
General Director of the Vietnam News Agency (VNA) Vu Viet Trang (R) hands over the prize to writer Tran Duc Tien at the ceremony. (Photo: VNA) Hanoi (VNA) – Writer Tran Duc Tien was awarded the “Hiep si De Men” (Cricket Knight) Prize at the presentation ceremony for the fourth "De Men Award for Children" 2023 in Hanoi on May 31. De Men Award for Children ". The Cricket Desire Prize is presented to the winners. (Photo: VNA) Four winners of the "Khát vọng Dế Mèn" (Cricket Desire) Prize were also named, including a collection of paintings by 11-year-old Hoang Nhat Quang from Lang Son province; "Ông Ba Bị và những đứa trẻ trong mơ" (Mr. Ba Bi and the Children in Dreams, a long story by Lac An; "Ở một nơi có rất nhiều rồng" (In a Place with Many Dragons, a draft of a long story by Moc An; and "Vua ngan xóm hồ" (The King of the Duckweed Village, a draft of a long story by writer Uong Trieu. The prizes are granted to young artists (Photo: VNA) As scheduled, The … [Read more...] about Writer Tran Duc Tien wins “Cricket Knight” Prize 2023
TPBank pays $170 million to repurchase premature bonds
A customer making a transaction at an office of TPBank. — Photo courtesy of TPBank Hanoi Stock Exchange (HNX) has announced the results of early bond redemption transactions of Tien Phong Commercial JSC (HoSE: TPB). From May 15 to 25, TPBank bought VND4 trillion (US$170 million) of outstanding bonds. While the bond TPBL2124003 was issued in 2021 and is expected to expire in 2024, the rest, which are TPBL2225001, TPBL2225002, TPBL2225003, TPBL2225004, and TPBL2225005, were issued in May 2022, and are due in May 2025. The State Bank of Vietnam (SBV) approved TPBank to expand its charter capital up to nearly VND6.2 trillion through the issuance of common shares to enhance share capital in the equity, following the authorised plan in the Annual General Meeting of Shareholders 2023. Previously, TPBank's 2023 General Meeting of Shareholders approved the plan to increase charter capital by issuing nearly VND620 million shares to pay dividends to shareholders, equivalent to a rate … [Read more...] about TPBank pays $170 million to repurchase premature bonds
Vietnamese brands listed in Asia Architecture Design Awards’ Top 100 Outstanding Projects
Some representatives from Vietnam have garnered an overwhelming response from a remarkable total of over 436 registered projects at the regional event which shows a resurgence of architectural excellence in India, Thailand, Indonesia, and Vietnam. Mai Chau Culture Resort, Grand Tourane Nha Trang Hotel, and Ambassador Cruise Restaurants are several brands among the finalists of the Asia Architecture Design Awards 2023 (AADA). AADA categories include Best Resort Architecture Design, Best Hotel Architecture Design, Best Resort Interior Design, Best Lighting Design, and Best Furniture Accessories, among others. Tre Dining in HCM City is listed as one of the Best F&B Architecture designs. Photo: Tre Dining Those from Vietnam made an impressive display on the shortlist, demonstrating their architectural prowess. From May 30 to June 25, the jury will begin their work with 20 influential experts from various fields, including architecture, design, and real … [Read more...] about Vietnamese brands listed in Asia Architecture Design Awards’ Top 100 Outstanding Projects
Investors wanted for social housing efforts
Speaking at a May 19 conference on plans to develop one million social houses for lower-income people and workers by 2030, Minister of Construction Le Thanh Nghi said that the ministry would coordinate with authorities to ensure it achieved its social housing targets. The ministry (MoC) has completed the draft amended Law on Housing, which has been approved by the government and submitted to the National Assembly for approval. It is hoped that the amended law will draw policies for social housing development and take effect from 2024, including planning and reserving land for social housing development, selection of project investors, and procedures for implementation. As of Q1 2023, Vietnam has completed just over 300 social housing projects in urban areas and worker housing projects in industrial zones (IZs), with nearly 156,000 units in total. About 400 projects are still planned to be built, with a total scale of 454,000 apartments. However, demand has not been fully met. … [Read more...] about Investors wanted for social housing efforts
Responsible businesses for Vietnam’s thriving next generation: forum
VCCI Vice Chairman Nguyen Quang Vinh speaks at the forum. (Photo: VNA) Hanoi (VNA) - A Child Rights and Business Forum was organised in Hanoi on May 30 by UNICEF Vietnam and the Vietnam Chamber of Commerce and Industry ( VCCI ), emphasising the need for responsible business practices that respect child rights and prevent adverse human rights impacts. “Children are both the present and the future, and business practices cannot be sustainable if they do not account for their impact on children”, said Rana Flowers, Representative of UNICEF in Vietnam. “It requires children to be a key consideration in Environmental, Social, and Governance (ESG) assessments – where impacts and risks are assessed objectively, and key practices identified that can minimise those risks and create a positive impact for children. It will improve competitiveness and sustainability, it will win the support of stakeholders, especially investors, who are socially conscious and looking at ESG risks … [Read more...] about Responsible businesses for Vietnam’s thriving next generation: forum
Power overhaul plan picks up steam
Vietnam’s long-awaited Power Development Plan VIII (PDP8), confirmed in mid-May, is a milestone in the country’s journey towards energy transition. The main objective of the legislation is to achieve energy security for Vietnam, progressing on its climate change commitments towards the middle of this century, and more specifically to export 5,000-10,000MW of power by 2030. Towards these goals, the PDP8 proposes a new energy mix with a substantial reliance on renewables and the development of smart transmission grids to support the renewables industry, including connecting the power grids with neighbouring countries. “We appreciate the government for the approval of the PDP8, as it provides a clear path to the completion of the grid interconnection, which is critical for us and Electricity of Vietnam (EVN) to complete agreement on the tariff and schedule of the power purchase agreement (PPA). We target completion of the PPA in Q4 of 2023 in order to break ground in 2024,” said Ian … [Read more...] about Power overhaul plan picks up steam