On September 21 in New York, the US, Vietnamese Prime Minister Pham Minh Chinh met with top executives from global giants, including Apple. At the meeting, Nick Ammann, Apple vice president of global policy, said, "Vietnam is a very important market and production area for Apple. There is a lot of potential for cooperation given the outstanding growth in production scale and export value of Apple products in Vietnam during this challenging period. This affirms the group's trust in the Vietnamese market." "Apple is very interested in Vietnam's clean energy strategy and wants its suppliers in Vietnam to gain access to clean energy. At the same time, Apple wants to engage in HR development and training, especially for software development," he said. Apple's suppliers, such as Lux Share, Foxconn, Compal, and GoerTek, operate 32 factories in Vietnam. These factories create jobs for 160,000 workers producing and assembling components for Apple products. PM Chinh … [Read more...] about Apple deems Vietnam an important market and production hub
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Amended Capital Law: Hanoi needs more power
Hanoi should be empowered to stipulate regulations about its development. Dinh Tien Dung, Secretary of the Hanoi Party Committee, proposed that the revised Capital Law give Hanoi the power to set standards in line with practice in certain areas to ensure long-term security and safety. Secretary of the Hanoi Party Committee Dinh Tien Dung at the session. Photo: Quochoi Dung made the statement on September 20 at the session of the National Assembly Standing Committee in response to last week's tenement fire in Hanoi's Thanh Xuan District that claimed dozens of lives. Hanoi needs to be empowered At the session, Chairman of the National Assembly Vuong Dinh Hue said that the law is particularly important for the development of Hanoi . Therefore, it is necessary to continue to review and research to fully institutionalize policies for Hanoi's development as set out in the resolutions of the Politburo. Emphasizing that this is a law on decentralization of … [Read more...] about Amended Capital Law: Hanoi needs more power
Night Flower Market- Busy When Hanoi Falls Asleep
Hanoi is very beautiful by night. The trip passing through West Lake, Hanoi Opera House, Hoan Kiem Lake, Long Bien Bridge, etc. made many people head over heels in love with the Capital. In sparkling space of night lights, people not only walk on familiar streets, people are immersed in colors of flowers are sweet asphyxiation night shine. Night flower market – the bustling flower market starts working when Hanoi falls asleep. The flower market is situated in small corner of Nghi Tam. Flowers are sold in whole day but the busiest time is at night. At 1 am or 2 am, the flower market is jammed with people who go back and forth. The scene is as bustling as Hanoi of a sunny morning. Crowded people at the night flower market Start at midnight to prepare for a new day The name of the night flower market is Quang An but people call it with many different ones such as: Quang Ba flower market, Nghi Tam flower market, Au Co flower market, etc. But … [Read more...] about Night Flower Market- Busy When Hanoi Falls Asleep
How a Vietnam War diary found its way home after 56 years
For Thien, the official visit to Vietnam by U.S. President Joe Biden earlier this month was not only an important event between Vietnam and the U.S., but a memorable milestone in his life. At the National Assembly Building on September 11, Thien received his war diary lost during a battle in Tay Ninh that borders HCMC in 1967, as witnessed by Biden and National Assembly chairman Vuong Dinh Hue. "I couldn’t have imagined ever receiving my lost diary from the war around 60 years ago. It was truly surprising and moving. For me, it was an invaluable relic," said Thien, 75. Thien was born in northern Thai Binh Province and joined the army in 1965, at the age of 17. He brought with him a diary to recount what happened during his march into the southeastern Vietnam battlefield. "I want my descendants to know how their forefathers used to face dangers and hardship," he said. He would often sit down and write in his diary one or two days into the march, or when emotions ran … [Read more...] about How a Vietnam War diary found its way home after 56 years
6 Vietnam companies with exemplary technology environments in 2023
This is the first year the CTO Summit Technology Leadership Conference has been organized at the annual AI event to honor enterprises with a technology-rich working environment. WD, Heineken, VNPT, FPT's representatives receive the award as the best technology environment enterprises at Vietnam Artificial Intelligence Day 2023 on September 22, 2023. Photo by VnExpress/Quynh Tran Launched in mid-July, the award received more than 50 nominations and 17 were shortlisted for the next round. FPT FPT is one of the pioneering enterprises in technology and digital transformation in Vietnam. The company has representative offices in 29 countries and territories. The group has invested trillions of dong to create comfortable office complexes and offices with utility ecosystems to meet employees' demand for working, entertainment, studying, and accommodation. One of FPT's unique cultures is the core staff training program, which helps young talents enhance their skills … [Read more...] about 6 Vietnam companies with exemplary technology environments in 2023
Deputy PM receives leader of Japan’s MOECO company
Deputy Prime Minister Tran Hong Ha (R) and President and CEO of Mitsui Oil Exploration Co., Ltd. (MOECO) Hidenori Harada, in their meeting in Hanoi on September 21. (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha hosted a reception in Hanoi on September 21 for President and CEO of Mitsui Oil Exploration Co., Ltd. (MOECO) Hidenori Harada. Ha told the guest that Vietnam always appreciates and welcomes cooperation projects between Japanese and Vietnamese businesses. Amidst fluctuations of the world economy, Vietnam wants to maintain and develop collaboration and investment ties with Japanese businesses, he said. Regarding Block B - O Mon gas project chain being implemented by MOECO and partners, the Deputy PM stated that policies of the Vietnamese State will ensure that the project operates throughout its life cycle, in a stable and long-term manner, and benefits investors so that the project chain is truly a bright spot in economic cooperation between … [Read more...] about Deputy PM receives leader of Japan’s MOECO company
Development banks extend role in green-related loans
Vietnam’s JETP plan must cover energy efficiency, storage, and more, photo Le Toan European Investment Bank (EIB) vice president Kris Peeters told VIR when he visited Vietnam last week that the non-profit credit institution and lending arm of the EU is eager to meet with partners in Vietnam to provide more green loans for environmentally friendly projects in various sectors from transport, water treatment, and smart urban development to renewable energy and infrastructure. “We have been providing loans for seven projects in Vietnam with total loans of €561 million ($602.8 million), and we hope the figure will double in the coming time,” Peeters said. Last year, the EIB invested over €70 billion ($75.2 billion) in many green projects worldwide. “We want to increase our investment portfolio and Vietnam is also on our priority list, as the country’s economy is going green, meaning the growing need for relevant projects in many sectors,” Peeters said. “Vietnam is an important … [Read more...] about Development banks extend role in green-related loans
Vietnam attends Global Entrepreneurship Congress 2023
The congress (GEC) was organised by the Global Entrepreneurship Network, gathering thousands of delegates and senior leaders from more than 170 countries to connect and share experience to create a unified and strong global innovation startup ecosystem. At GEC, Minister of Science and Technology Huynh Thanh Dat introduced the dynamic and highly open innovation startup ecosystem in Vietnam to attract international attention and resources, including those from Vietnamese overseas. “The Ministry of Science and Technology focuses on connecting the bilateral innovation startup ecosystem with other countries, hosting many international events, and implementing initiatives to promote cooperation between the innovation startup community and organisations,” he said. He added that activities such as promulgating specific policies, setting up innovation startup advisory networks, and connecting ecosystems at all levels have being strengthened and consolidated. According to the … [Read more...] about Vietnam attends Global Entrepreneurship Congress 2023
The key factors to take into account for switch to LNG
Lam Nguyen Hoang Thao, senior associate at law firm Russin & Vecchi The central provinces of Thanh Hoa and Nghe An are looking for the government’s green light to convert some coal-fired power projects into liquefied natural gas (LNG) -to-power one. How do you think this trend is panning out in Vietnam so far? I believe that the trend of converting coal-fired power to LNG-to-power plants in Vietnam is a very positive development. The Power Development Plan VIII (PDP8) called for a reduction in the use of coal and an increase in the use of cleaner fuels. The nation’s goal is to make the transition to green, renewable energy including solar, wind, biomass, ammonia, hydrogen, and nuclear energy. However, the road to reach these goals is still long and uncertain. Vietnam still has limited ability to supply energy from biomass and green ammonia due to the limitation of technology, expertise, and due to the related high production costs. Similarly, with hydrogen, the … [Read more...] about The key factors to take into account for switch to LNG
PM hosts US Special Presidential Envoy for Climate
Prime Minister Pham Minh Chinh (R) and US Special Presidential Envoy for Climate John Kerry (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh hosted US Special Presidential Envoy for Climate John Kerry, on the occasion of his visit to the US to attend the General Debate of the 78th session of the United Nations General Assembly. Both expressed their delight at the success of President Joe Biden's Vietnam visit, affirming that it has contributed to raising mutual understanding between the two countries, for the benefit of their people and for peace, stability and development in the region and the world. PM Chinh thanked and highly valued Kerry’s support in the successful arrangement of the visit and in the establishment of bilateral comprehensive strategic partnership. Discussing measures to quickly realise the important agreements reached during the visit, particularly those related to climate change response, he proposed that the US continue backing … [Read more...] about PM hosts US Special Presidential Envoy for Climate