Vietnamese Minister of Justice Le Thanh Long (L) and his Hungarian counterpart Judit Varga sign the cooperation pact under the witness of National Assembly Chairman Vuong Dinh Hue and his Hungarian counterpart László Kovér. (Photo: VNA) Budapest (VNA) - Vietnamese Minister of Justice Le Thanh Long and his Hungarian counterpart Judit Varga on June 27 signed a cooperation programme between the two ministries for the 2022-2023 period, as part of National Assembly Chairman Vuong Dinh Hue’s ongoing official visit to Hungary. The signing ceremony was witnessed by National Assembly Chairman Vuong Dinh Hue and his Hungarian counterpart László Kovér. Per the pact, the cooperation contents focus on topics that Vietnam needs experience and Hungary has strengths such as asset recovery mechanism in corruption cases, one-stop shop mechanism, the application of information technology in civil judgment enforcement, and non-conviction based confiscation, among several others. The … [Read more...] about Vietnam, Hungary seal judicial cooperation deal for 2022-2023
Important task 2 topics 2022
Food market and ancient exhibition enlivens Huế Festival Week 2022
Bún bò Huế (Huế beef noodle soup), is introduced at the "100 Dishes of Huế Street Food 2022” festival. — VAN/VNS Photo Công Đạt THỪA THIÊN HUẾ — A food festival featuring 100 delicious dishes from the central province of Thừa Thiên - Huế is being held at the pedestrian street along the Hương River. “100 Dishes of Huế Street Food 2022” is organised by the Thừa Thiên – Huế Tourism Association, in collaboration with the provincial Department of Tourism and Huế Festival Centre. It is part of the celebration of Huế Festival Week 2022 that is ongoing at the ancient capital until tomorrow (June 30). Chefs from restaurants and hotels in the city have elaborately prepared dishes and artistically presented them, creating a rich culinary space for visitors. At the same time, this activity also honours and promotes the unique culinary and cultural values of Thừa Thiên – Huế. The ceremonial costume of a mandarin of the Nguyễn Dynasty displayed at Huế Museum of Fine … [Read more...] about Food market and ancient exhibition enlivens Huế Festival Week 2022
Local enterprises lack materials due to China’s ‘Zero Covid’ policy
Tan Phu Plastic Company produces safe products to serve the local market. The "Zero Covid" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were the electronics, wood, textiles, and footwear industries. According to the Ministry of Industry and Trade (MoIT), China was an important market for the export and import activities of Vietnam as it provides the majority of input materials for Vietnam's production, especially electronic components, machinery parts, fabrics and chemicals. MoIT said from 50 to 55 percent of raw materials and accessories for the textile, garment, and footwear industries originated from China. The country was currently implementing the "Zero Covid" strategy, which forced many factories there temporarily stop production to fight the pandemic. The import-export activities in the neighboring country were affected a lot by the shortage of containers at ports. Phan Thi Thanh Xuan, Vice … [Read more...] about Local enterprises lack materials due to China’s ‘Zero Covid’ policy
HCMC disburses only 17 percent of public investment capital in first six months
Illustrative image. (Photo: SGGP) The People's Committee of HCMC said that the disbursement rate of the Public Investment Plan in 2022 is not much compared to previous years due to many difficulties and obstacles, but mainly the impact of the Covid-19 pandemic in 2021. The restart of the construction of projects in the first months of 2022 experienced a certain delay after the time the city adopted measures to respond to the Covid-19 pandemic. In addition, input costs were unstable and tended to increase. Besides the above objective reasons, the People's Committee of HCMC also raised some other subjective reasons affecting the disbursement progress of public investment capital, for example, difficulties related to site clearance; it is necessary to have time to carry out the project adjustment procedures on the basis of Resolution No.99/NQ-HDND dated October 19, 2021, of the People's Council of HCMC and Decision No.4354/QD-UBND dated December 28, 2021, on the medium-term capital … [Read more...] about HCMC disburses only 17 percent of public investment capital in first six months
Defense Minister meets with Pho Yen voters
At the meeting, on behalf of the N.A. deputy delegation, Nguyen Lam Thanh, Vice Chairman of the N.A.’s Council of Ethnic Minorities, reported on important outcomes of the freshly-concluded third session of 15th N.A. In particular, in 19 scientific, democratic, and highly responsible working days, the 15th N.A.’s third meeting achieved all set targets. During this session, the 15th N.A. looked into a large amount of work and made decisions on many important contents for 2022 and the following years. As a result, the 15th N.A. passed five laws, adopted 17 resolutions, and gave opinions on six draft laws and resolutions and other important contents. On hearing the achievements of the aforementioned meeting, participating voters voiced their opinions and suggested the delegation of Thai Nguyen N.A. deputies make proposals to the N.A. on creating a special mechanism for Thai Nguyen province to make the best of its full potential, and strengths to develop in the coming time. With … [Read more...] about Defense Minister meets with Pho Yen voters
Fresh measures to facilitate construction of North-South highway’s eastern part
The section linking Mai Son and national highway 45 under the North-South highway's eastern part According to the deputy PM, it is a key task set in the eighth National Party Congress Resolution to finalise the construction of 23 component projects by 2025 to smoothen travel in the North-South highway’s eastern part that runs over 2,000 km from Huu Nghi to Ca Mau province. As per schedule, it is a must to complete the construction of a 361.5km highway by late 2022, as well as an additional 652km by March 2024, and 729km extra by 2025. Thanh noted that to facilitate the implementation, the National Assembly and the government have greenlit the application of several specific mechanisms on contractor appointment and mineral exploitation serving the production of common building materials and several works during the project preparation stage, among others. Due to the huge work volume and limited timeline, relevant ministries, agencies, and localities need to embrace … [Read more...] about Fresh measures to facilitate construction of North-South highway’s eastern part
Rising costs cast doubt on wood companies growth prospects
Inside a wood production line of Truong Thanh Furniture Corporation. — Photo truongthanh.com As wood export turnover is rebounding with rising demand in the domestic market, the revenues of wood enterprises are expected to advance. However, skyrocketing prices of raw materials and logistics costs will weigh on these companies’ gross profit margin in 2022. VNDIRECT Securities Corporation (VNDIRECT) estimated that the total revenue of listed wood and wood products companies in the first quarter (Q1) of 2022 rose by 10.2 per cent year-on-year thanks to the recovery of wood producers in the south. After the social distancing order was lifted, most wood companies in the southern region resumed operations at 90 per cent capacity in the first quarter of 2022, while in the second half of 2021 it was only 60-65 per cent. The export wood enterprises achieved better business results in Q1 of 2022. Specifically, Truong Thanh Furniture Corporation (HoSE: TTF) and Phu Tai JSC (HoSE: PTB) … [Read more...] about Rising costs cast doubt on wood companies growth prospects
Australia pledges to beef up strategic partnership with Vietnam
Visiting Australia's Minister for Foreign Affairs Penny Wong has affirmed that her nation will continue promoting its strategic partnership with Vietnam and always attaches importance to the Southeast Asian country's role in the region. She was speaking at her talks with her Vietnamese counterpart Bui Thanh Son in Hanoi on Monday as part of her three-day official visit to Vietnam from June 26 to 28 at Son’s invitation. Wong told her host that Australia highly values Vietnam’s role and position in the Association of Southeast Asian Nations (ASEAN), the region and the world, and that the new Australian government in which she is a member will continue strengthening the strategic partnership with Vietnam to boost the bilateral ties to a new height. The diplomat also stated that her country highly values cooperation with ASEAN, appreciates its central role, and will continue to promote cooperation with the bloc for the sustainable development of the Mekong sub-region. … [Read more...] about Australia pledges to beef up strategic partnership with Vietnam
Vigalcera promotes green technologies in production
The Viglacera booth at Vietbuild 2022 in HCM City. Viglacera has cooperated with the world's leading experts in designing and transferring green technologies. — Photo courtesy of the firm Viglacera takes “pioneer in green technology” as its core value, said Phung Viet Quang, General Director of Viglacera Ceramic Tiles Joint Stock Company, at a networking event themed 'Touch the future' held in HCM City last week. Organised under the Vietbuild exhibition 2022, the event aimed to connect and create opportunities for influential individuals in the field of design and architecture to introduce new products and connect sustainably with domestic and foreign experts. The event showed how green technologies are efficiently used in energy and resources in the entire process of socio-economic activities to minimise the emission of greenhouse gases and pollutants. Prominent technologies were mentioned, such as technology to reduce greenhouse gas emissions, efficient use of energy; brick … [Read more...] about Vigalcera promotes green technologies in production
Forum seeks to translate net zero carbon pledge into action
The Vietnam Circular Economy Forum 2022 takes place both in person and via videoconference on June 28. (Photo: VNA) Hanoi (VNA) – The Vietnam Circular Economy Forum 2022 took place on June 28 with a focus on how to translate the commitment on net zero emissions into action. Addressing the hybrid event, Minister of Natural Resources and Environment Tran Hong Ha highlighted Prime Minister Pham Minh Chinh’s message to the forum that calls for solidarity and joint actions to reduce carbon emissions towards net zero like the way humankind has responded to the COVID-19 pandemic. The Government leader also emphasised cooperation among the countries, as well as between them and international organisations so as to step up circular economy models, especially by sharing knowledge, boosting joint scientific researches, developing and transferring technology, Ha said. Environmental and climate issues always enjoy the top priority in the agenda of the Vietnamese Party, National … [Read more...] about Forum seeks to translate net zero carbon pledge into action