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The forum was organized by Vietnam Academy of Science and Technology (VAST) in collaboration with the Ministry of Education, Culture, Sports, Science and Technology (MEXT) of Japan. VAST President Prof. Chau Van Minh said the APRSAF-27 was an opportunity for space agencies in the Asia-Pacific region to share experiences and seek cooperation opportunities. Through the forum, scientists and policymakers exchanged information, knowledge and experiences in aerospace technology development, and devised methods to diversify cooperation activities and promote research and application of aerospace technology, contributing to socio-economic development in each country, region, and worldwide. Highlights of the event included the launch of the Space Law and Policy working group and the first-ever presentation of APRSAF Awards to honor scientists who have made great contribution to or have big influence on space technology research and the development of young generations of researchers in the …

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Speaking to a Vietnam News Agency correspondent in Moscow on the visit, Yatskin said that the Vietnam-Russia relationship is experiencing a period of strong growth and need to be further reinforced. He noted that the two countries share a special relationship not only in terms of politics but also in the sentiment of people of both sides towards each other, and the elevation of bilateral ties to a comprehensive strategic partnership in 2012 reflected their sound relationship. Yatskin noted that the economic partnership between Vietnam and Russia is expanding impressively, with two-way trade reaching 5.7 billion USD in 2020, up 15 percent year on year despite COVID-19 impacts. This year, the figure is expected to hit 6.5 billion USD. He attributed the results to the efficiency of the free trade agreement between Vietnam and the Eurasian Economic Community (EAEC) that was signed in 2015. At the same time, the two countries have enjoyed sound cooperation in science, with Russian …

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Showing support for the ADB’s opinions raised at the forum, Chairman Hue paid special attention to the bank’s recommendations related to the size of a policy package aiding economic recovery. He agreed with the bank that international cooperation holds great importance to increasing resources for economic recovery. He said the lender has always been an important partner of Vietnam, noting that amid the COVID-19 pandemic that remains complicated around the globe and the coming into being of a new variant, the country will have to carry out an economic stimulus package that is big and long enough to maintain and boost driving forces for growth, overcome difficulties caused by the pandemic, and develop sustainably in the time ahead. The top legislator expressed his hope that the ADB will keep assisting Vietnam in the pandemic combat and economic recovery. He called on the bank to provide Vietnam with capital for investment projects and policy advice on sustainable development, as well …

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ADB Country Director for Vietnam Andrew Jeffries made the promise during his virtual meeting with Chairman of the municipal People’s Committee Phan Van Mai on October 23. ADB is also willing to coordinate with HCM City in the disbursement of capital for joint projects and provision of credit to help recover local businesses affected by COVID-19 through intermediate financial institutions or guaranteed bank loans, he said. Jeffries expressed his belief that HCM City will soon overcome adverse impacts of the pandemic, and spoke highly of the economic development capacity of HCM City and Vietnam as well in the medium and long terms. The next six months will be an important period when businesses, especially small- and medium-sized enterprises (SMEs), and investors should receive support to surpass difficulties caused by COVID-19, he said. For his part, Mai applauded the bank’s support to Vietnam in economic recovery and safe adaptation to the pandemic, highlighting the ADB-funded …

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Coach Park Hang-seo and Vietnamese players in training in Singapore on December 3. (Photo: VNA) Singapore (VNA) – The Vietnamese national football team will work hard through each match to get the best results at the AFF Suzuki Cup 2020, Coach Park Hang-seo said on December 4. Speaking at a press conference ahead of the opening of the AFF Suzuki Cup 2020, the Korean coach said that the team's consecutive losses in the third qualifying round of the World Cup are sure to affect the team's mentality, adding that the pressure of being the champion in the AFF Cup 2020 is also a problem. According to the coach, there are strong teams at both Groups A and B, but the Vietnamese players will strive to get the best results, right from the opening match against the Laos team on December 6. Meanwhile, Singapore's newspaper The Straits Times said Vietnam has the opportunity to maintain the throne at this year's tournament, highlighting the miraculous development of the …

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Vietnam continues to escape US currency manipulator status The US Department of the Treasury has just delivered its semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the US. In this report, Treasury reviewed and assessed the policies of major trading partners, who make up more than 80 per cent of US foreign trade in goods and services, during the four quarters through June 2021. In accordance with the Omnibus Trade and Competitiveness Act of 1988 (the 1988 Act), the report concludes that no major US trading partner manipulated exchange rates between its currency and the US dollar to prevent effective balance of payments adjustments or gain unfair competitive advantage in international trade. Accordingly, Vietnam continues to meet all three criteria under the Trade Facilitation and Trade Enforcement Act of 2015 (the 2015 Act) during the period under review. The Treasury has conducted an enhanced analysis of Vietnam’s …

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Vietnamese famers have average income of 3.4 million VND/month The Ministry of Agriculture and Rural Development reported that the average income for farmers in 2020 was 43 million VND/year, which is equivalent to under 3.4 million VND/month. In the Draft Strategy for Sustainable Agriculture and Rural Development for the 2021-2030 period (with a vision towards 2050), the Ministry set the goal of raising farmers’ average income and reducing poverty in a sustainable manner. By 2030, the rural population’s income would have to be 3 times higher than in 2020, and poverty rate would fall by 1-1.5 %. Vietnam targets 100,000 IT enterprises, digital economy to contribute 30% GDP At a recent event in Da Nang, Deputy Minister of Information and Communications Phan Tam said that Vietnam has had 58,000 ICT enterprises and has set a target for that number to reach 100,000 by 2025. "The goal is that by 2030, Vietnam will be in the top 50 countries in terms of digital governing, and its …

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Da Nang calls for RoK’s investment in ICT A forum to promote investment in information and communications technology (ICT) in the central city of Da Nang from the Republic of Korea (RoK) was held virtually on November 30, bringing together representatives from over 200 enterprises and investors from the two countries. The event aims to introduce potential, advantages, preferential and investment support policies of Da Nang to RoK businesses and investors, especially in ICT, and high technology. Addressing the event, Deputy Minister of Information and Communications Phan Tam said the RoK is the largest foreign investor in Vietnam with over 9,000 valid projects worth over 71.5 billion USD, including nearly 500 investment projects in the ICT field with the presence of the world's leading technology corporations such as Samsung and LG. To welcome more investments from the RoK, the Vietnamese Government has been perfecting models, mechanisms and policies to create breakthrough …

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A project of Toong in HCM City. — Photo courtesy of Toong Co-working space provider Toong has recently introduced two new co-working projects in HCM City. Located at 18E Cong Hoa Street in Tan Binh District and 186 Vo Thi Sau Street in District 3, the two new offices have increased the company's market share in the flexible office segment in total office space for lease in the city to about 4.9 per cent, an increase of about 1.5 per cent over the same period in 2019. “Thanks to the positive impact of wide vaccination coverage, businesses are accelerating back to the office. Only six weeks since the easing of social distancing in HCM City, our revenue has reached the same level as before the critical COVID-19 wave in June 2021. "We continue to receive many requests from large-scale companies needing to shift to serviced offices, an option that provides both proven experience quality and financial flexibility," said Duong Do, CEO of Toong. Construction of our two new …

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