At the 2023 Australian Investment Forum in Ho Chi Minh City last week, deputy director Vu Van Chung of the Foreign Investment Department under the Ministry of Planning and Investment noted that Vietnamese businesses are now well-equipped to venture into major economies, no longer limiting their focus solely to countries of similar economic stature. One-on-one meetings with representatives from Australian states and territories were held within the Forum. Photo: Australian Embassy in Vietnam “Traditionally, we’ve collaborated with nations matching our development level, management capabilities, and potential,” Chung said. “However, in the past five years, investments from Vietnamese firms have witnessed unprecedented growth in both quality and quantity.” With its burgeoning economic development, Vietnam offers myriad collaboration and international integration opportunities. “Currently, we have approximately 850,000 enterprises, with ambitions to expand this figure … [Read more...] about Australian presence apparent in quality and quantity
Identity
2 men found taking others’ wallet, watch at Hanoi airport
Security officers at Noi Bai International Airport in Hanoi checked surveillance camera footage and detected a Vietnamese man taking a wallet and another picking up a watch dropped by other passengers at the airport before boarding flights to the south. At 10:00 am on Monday, J.V.R., 31, of Indian nationality, reported to the Noi Bai Aviation Security Center that he lost a wallet containing his identity papers and cash totaling VND1.45 million (US$59.4) at the T1 domestic passenger terminal while completing procedures for his flight to Phu Quoc Island off southern Kien Giang Province. Security personnel at Noi Bai International Airport checked the camera footage and found a man holding the wallet preparing to board a flight from Noi Bai to Can Tho City in southern Vietnam the same day. At Can Tho Airport, the man, who is Ha Van T., 53, residing in Dien Bien Province in northwest Vietnam, was detained. T. admitted to taking the wallet of the Indian passenger. The security … [Read more...] about 2 men found taking others’ wallet, watch at Hanoi airport
Prime Minister delivers policy speech at Georgetown University
In his speech, Pham Minh Chinh said that such challenges related to population aging, non-traditional security like climate change, epidemics, food, water resources, energy, transnational crime, and cybercrime are developing fiercely, causing serious consequences, while the global economy is facing many headwinds. According to the PM, the world is facing two choices: passively accepting challenges and risks at a very high price, or proactively adapting to, taking advantage of opportunities, solving challenges, and taking peace, stability and development cooperation as goals, the U.N. Charter and international law as the foundation, and dialogue and collaboration as tools. In particular, Vietnam chooses the second choice and hopes its partners also choose it, Pham Minh Chinh stated. Accordingly, Vietnam chooses the basic foundations to develop the country, with the goal of becoming a developing country with modern industry and high average income by 2030, and a developed, … [Read more...] about Prime Minister delivers policy speech at Georgetown University
Cultural space of Vietnam’s 54 ethnic groups presented on “digital museum”
Photos of more than 60 colourful traditional costumes of various ethnic groups across Vietnam are being displayed on Google Art and Culture platform. (Google screenshot) Hanoi (VNA) - A collection of hundreds of high-quality photos depicting the culture and life of 54 ethnic minority groups across Vietnam is being on display for the first time on the global digital platform , Google Arts & Culture. The exhibition, titled "Precious Heritage Art Gallery Museum" by French photographer Réhahn Croquevielle, includes vibrant photos showcasing over 60 colourful traditional costumes from various ethnic groups such as Dao, Bo Y, O Du, Phu La, La Hu, Pu Peo, Pa Then, and Si La. It also features interesting stories and unique artefacts that the author collected during his journey throughout Vietnam, discovering the beauty of the country and its people. Information on each photo is provided in Vietnamese, English, and French. Images of 54 ethnic groups living in the … [Read more...] about Cultural space of Vietnam’s 54 ethnic groups presented on “digital museum”
“Nostalgic Full Moon Festival” in Hanoi’s Old Quarter
A variety of fascinating activities are expected to provide meaningful experiences for visitors, locals, and especially children during this year's Full Moon Festival. A series of activities will be held in the entire area of the Old Quarter from September 22 to September 29. A colorful mid-autumn banquet for children. Photo: UNESCO Center for Vietnamese Vietnamese Gastronomy Culture Accordingly, a documentary exhibition on the ancient Mid-Autumn Festival will take place at the Hanoi Old Quarter Cultural Exchange Center (No.50 Dao Duy Tu Street, Hoan Kiem District). The exhibition features nearly 80 documents, materials, and pictures of the ancient Mid-Autumn Festival at the UNESCO-recognized Thang Long Imperial Citadel. Some display counters with colorful toys will also delight children and visitors. Alongside the exhibition, there will also be many cultural activities to promote the Mid-Autumn Festival at historical relics and cultural exchange … [Read more...] about “Nostalgic Full Moon Festival” in Hanoi’s Old Quarter
“Just energy transition partnerships” to help foster Vietnam’s economy, labor market: workshop
A conference for experts from Germany and Vietnam to analyze and discuss the potential of Vietnam’s just energy for local economic and labor growth took place in Hanoi on Wednesday. The “Just Energy Transition = Job Accelerator for Vietnam? German-Vietnamese perspectives on employment and skills needs,” hosted by the German Embassy in Hanoi on Wednesday, attracted nearly 200 delegates and 300 private attendees, according to press release issued by the embassy. “Just energy transition” typically refers to financing mechanisms that allow developed countries to fund clean energy initiatives in fossil fuel-dependent developing countries. Many of those in attendance represented Vietnamese governmental agencies, such as the National Assembly; the Ministry of Labor, Invalids and Social Affairs; the Ministry of Industry and Trade; the Electricity of Vietnam (EVN); the Vietnam Chamber of Commerce and Industry; and the Vietnam Academy of Social Sciences. Representatives from … [Read more...] about “Just energy transition partnerships” to help foster Vietnam’s economy, labor market: workshop
Population database key to improving banking security
Customers at a BaoViet Bank's office in Hà Nội. — VNA/VNS Photo Allowing banks access to Việt Nam's population database has set the foundation for the banking sector to expand and provide digital services to more customers, as well as improve security, prevent fraud and identity theft, according to the State Bank of Vietnam's (SBV) Deputy Governor Phạm Tiến Dũng. The central bank has already given the green light to commercial banks to roll out remote account opening using e-KYC, short for Electronic Know Your Customer, making many traditional banking services such as making deposits, loans and payments available digitally. "Customer authentication and security are among the sector's most important priorities. Having access to the national database will allow credit institutes to verify and assess customers' credit rating, speeding up the lending process," he said. Lê Hoàng Chính Quang, deputy director of the SBV's IT Department, said the Ministry of Public Security (MPS) has … [Read more...] about Population database key to improving banking security