Importance water resources

The drought-stricken Kwan Phayao Lake in Phayao province in northern Thailand in May 2023. (Photo: bangkokpost.com) Bangkok (VNA) – Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion THB (1 billion USD) to the Thai economy this year. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI), a key member of the JSCCIB, stressed that water scarcity caused by drought is the committee's leading concern because it could have a massive impact on both the agricultural and manufacturing sectors, hampering already sluggish exports. According to the Commerce Ministry's latest data, in the first four months of 2023 Thai exports decreased by 5.2% year-on-year to 92 billion USD, while imports fell by 2.2% to 96.5 billion USD, resulting in a trade deficit of 4.51 billion USD. drought , hoping to work with the … [Read more...] about Thailand forecasts huge losses caused by climate change

In 2022, industry revenue exceeded US$25 billion, an increase of 5.7% year-over-year. The 11th Hanoi International Plastics, Rubber, Printing and Packaging Industry Exhibition (HanoiPlasPrintPack), considered a platform to promote the development of the local plastics industry, is underway at the Hanoi International Exhibition Center (ICE) from June 8 to 11. Overview of the event. Photo: VGP The annual Hanoi PlasPrintPack Fair, jointly organized by the Ministry of Industry and Trade and Yorkers Exhibition Service Vietnam, has returned after a long hiatus due to the Covid-19 pandemic. Building on the success of Vietnamplas, held annually in Ho Chi Minh City and is the largest plastics industry exhibition in Vietnam, this event has attracted numerous domestic and international companies. With over 340 booths representing 220 companies from countries such as Belgium, China, Hong Kong (China), India, Indonesia, Japan, Malaysia, the Philippines, Taiwan … [Read more...] about HanoiPlasPrintPack Exhibition launched to boost local plastic industry development

Sacombank began a project to implement Basel III and strengthen risk management capacity with EY Vietnam Consulting JSC offering consultancy. — Photo courtesy of the bank Sacombank has begun a project to implement Basel III and strengthen risk management capacity with EY Vietnam Consulting Joint Stock Company offering consultancy. The project is meant to build an organisational structure for risk management in line with international rules and the bank’s strategies, improve capital and asset quality to ensure stable and sustainable business operations and meet the increasingly stringent requirements for the banking industry, optimise the process of identifying, measuring, monitoring, controlling, and overcoming risks, and develop skilled human resources and a modern information technology system. Pham Van Phong, the lender's vice chairman, said: “Sacombank is well aware of the importance of applying Basel III rules and improving its risk management system. “This is one of the … [Read more...] about Sacombank starts adoption of Basel III norms

Themed “Kien Giang provincial armed forces together with the party organization, authorities, and people of Hon Dat district build new-style rural area,” the program will take place from June 2023 to January 2024. As planned, the program will facilitate the construction of 115 houses for needy households and seven rural bridges; present gifts to policy beneficiaries, poor and near-poor families; provide health examination, medicines, and consultation for locals. The organizing panel will present scholarships to needy students with good academic results; build electricity systems in rural areas; carry out environment projects; and hold artistic and sporting events and competitions. Speaking at the ceremony, Deputy Chairman of the Kien Giang provincial People’s Committee and head of the steering committee Nguyen Luu Trung evaluated that this mass mobilization model bears profound socio-political and humane significance, embodying the tradition of "When drinking water, remember its … [Read more...] about Kien Giang kick-starts military-civilian program in 2024

Delegates attend the signing ceremony between Nam Can Tho University and Viettel branch in Can Tho. — Photo mientay.giadinhonline.vn The signing ceremony of cooperation between the military-owned telecommunications group Viettel’s Can Tho Branch and the Nam Can Tho University was held on Wednesday. The signing of the cooperation agreement aimed to promote scientific research and training to improve the quality of human resources to serve the city's socio-economic development strategy, said Nguyen Van Quang, Rector of Nam Can Tho University. The two sides will cooperate to exchange experience in training and scientific research in the fields of telecommunications services and high-tech manufacturing; improve professional qualifications and capacity for officials and employees of the university and Viettel Can Tho. They will cooperate in organising forums and seminars on telecommunications services, high-tech manufacturing, postal services, construction and installation, trade … [Read more...] about Viettel cooperates in digital transformation for university

Experts speaking at the conference. — Photo baothuathienhue.vn Data was the new, most important and inexhaustible input, a new driving force for transformation, economic development, and a new way to improve management capacity, said Nguyen Huy Dung, Deputy Minister of Information and Communications, at an international conference on open data and AI. The Ministry of Information and Communications coordinated with the People's Committee of Thua Thien – Hue Province and the World Bank to organise an international conference on open data and AI for economic growth in Hue City on Thursday. The conference aims to exchange and comment on the role of open data and the development trend of artificial intelligence (AI) in the world, thereby identifying challenges, proposing specific actions to develop open data, promote the development and application of AI to create a driving force for economic growth. This year was the year of National Digital Data in Viet Nam, said Dung. … [Read more...] about Open data and AI – the engine of economic growth

The meeting was jointly chaired by Secretary-General of the Ministry of Foreign Affairs of Malaysia and SOM Leader of Malaysia, Dato’ Sri Amran Mohamed Zin and Assistant Deputy Minister for Asia Pacific of Global Affairs Canada, Weldon Epp, with the participation of ASEAN Senior Officials, representatives of the ASEAN Secretariat, and Timor-Leste as an observer. At the event, Canada conveyed its unwavering support for ASEAN community-building efforts, assistance towards the region’s recovery from the COVID-19 pandemic, and commitment to ASEAN centrality through its active participation in ASEAN-led mechanisms. Both sides welcomed positive advancement made in the implementation of the ASEAN-Canada Plan of Action (2021-2025) and acknowledged the strengthening of cooperation between both sides across the three ASEAN Community pillars. They shared the significance of intensifying economic cooperation in key areas of trade and investment. Recognizing the economic potential, they … [Read more...] about ASEAN, Canada vow to bolster longstanding partnership relations