Illustrative image (Source: VNA) Geneva (VNA) – Vietnam has leaped two places in the Global Innovation Index (GII) in 2023, ranking 46th out of 132 countries and territories, according to a GII report released by the World Intellectual Property Organisation (WIPO) on September 27. According to the report, Vietnam has continued to show progress in converting innovation input into output performance. The country has jumped from 59th position in 2022 to 57th position in 2023 in terms of input level, while its output level was up one place to 40th position. The GII input pillars include institutions, human capital and research, infrastructure, market sophistication, and business sophistication. Meanwhile, the output performance are knowledge and technology outputs and creative output. Vietnamese scientists making NanoDragon satellite (Photo: VNSC) Particularly, Vietnam has maintained its second position among lower middle-income countries in the overall GII after … [Read more...] about Vietnam leaps two places in global innovation index in 2023
Innovating professional development in compulsory education
Hanoi encourages semiconductor investment
Hanoi takes a selective approach to attracting investment, prioritizing projects in high-tech, clean-tech, and environmentally friendly sectors. Hanoi will create conditions for domestic and foreign investors to develop the semiconductor industry in the city and the whole country, said Deputy Chairman of Hanoi People's Committee Nguyen Manh Quyen at the seminar "Development of Semiconductor Ecosystem and Connection for Investment in Hanoi" on September 27 in Hanoi. Delegates at the conference. Photo: The Hanoi Times He stated that the semiconductor industry is of great interest to the Government and the Prime Minister as it enhances Vietnam's participation in regional and global value chains and the development of high technology, electronics, semiconductors, financial centers and innovation. "Prime Minister Pham Minh Chinh encouraged US semiconductor companies to deepen and expand their investments in Vietnam at various stages, including infrastructure … [Read more...] about Hanoi encourages semiconductor investment
Techcombank unveils new headquarters in Hanoi, HCMC
Located in the heart of Hanoi and HCMC’s bustling business districts, the two world-class, energy-efficient buildings are wholly owned and developed by Techcombank. The unveiling of its new headquarters comes as Techcombank celebrates its 30th anniversary and confirms its position among the leading banks in Asia. The two buildings were designed by the world-renowned architectural firm Foster + Partners and are the first buildings designed by the firm to be opened in Vietnam. Each building has a unique design that reflects the historic and cultural heritage of the city. Inside, open designs aim to bring people together to facilitate collaboration and innovation. Jens Lottner, CEO of Techcombank, said that the new headquarters were now in two world-class financial buildings in prime locations in Hanoi and HCMC. The designs by Foster + Partners have created open and collaborative working environments that will encourage innovation … [Read more...] about Techcombank unveils new headquarters in Hanoi, HCMC
Japfa Vietnam accompanies children to schools
“Japfa for Education” journey reached out to students at Vinh Quang Elementary School in Tuyen Quang province This initiative is part of a project named "Japfa for Education" which the company has been implementing for many years to support children nationwide. As part of the programme, company representatives presented 300 gift packages consisting of backpacks and notebooks to underprivileged students, along with envelopes contributed by accompanying distributors. At Vinh Kien Elementary School in Yen Bai province, Pham Van Quang – a feed agent cooperating with Japfa Vietnam expressed, "The gifts hold great significance for the children in the mountainous region, and we are delighted to accompany Japfa in spreading this love to the disadvantaged students in the local area." The value of the gifts, worth VND100 million ($4,200), includes a portion of the budget contributed by over 500 participants in a virtual run commemorating Japfa Vietnam's 27th anniversary. … [Read more...] about Japfa Vietnam accompanies children to schools
EU to offer 5 support tools to Vietnam, address IUU fishing warning soon: new ambassador
The European Union (EU) will apply five assistance tools to Vietnam’s multifaceted development plan, as well as rapidly resolve its Illegal, Unreported and Unregulated (IUU) fishing ‘yellow card’ warning against the Southeast Asian country, the new EU ambassador to Vietnam recently announced. Ambassador Julien Guerrier was speaking at his first media meeting in Hanoi on Wednesday, one day after taking office and presenting his letter of credentials to Vietnamese State President Vo Van Thuong. Vietnam is an important EU partner in its Indo-Pacific strategy and the EU is one of Vietnam’s most reliable and long-standing friends and partners, Guerrier affirmed. The new ambassador pledged that during his four-year term, the EU will continue to help Vietnam realize its vision of becoming a developed economy by 2045 and achieving net-zero emissions by 2050. To that effect, the EU will provide Vietnam with five support tools, the first of which is to continue promoting the … [Read more...] about EU to offer 5 support tools to Vietnam, address IUU fishing warning soon: new ambassador
More options looked at for energy-efficiency goals
Two weeks ago, the government held a forum to help make the first steps to shape the market of high-efficiency energy-consuming equipment by 2030. The move is made amid the rising pressure to alleviate power outages and achieve the net-zero goal by 2050. More options looked at for energy-efficiency goals, photo VNA The event, on developing the high-efficiency energy-consuming market from policy to implementation, was organised by the Office of the Steering Committee for Energy Efficiency under the Ministry of Industry and Trade (MoIT). One measure discussed was promoting the use of high-efficiency energy-consuming equipment and gradually eliminating outdated technological products. Meanwhile, low-efficiency energy-consuming equipment such as storage water heaters and infrared hobs is prohibited to import, produce, and sell in Vietnam, according to a decision made in May. Dang Hai Dung, deputy chief of the Office of Sustainable Production and Consumption under the … [Read more...] about More options looked at for energy-efficiency goals
Conference looks for ways to boost exports of herbal products
Illustrative image (Photo: nongnghiep.vn) Hanoi (VNA) – Amidst the increasing demand for raw materials in the food, cosmetics, and pharmaceutical industries, and Vietnam’s participation in various free trade agreements, the country’s herbal products, particularly cinnamon and star anise, are well-positioned to capitalise on the opportunity for development, heard a conference in Hanoi on September 28. Addressing the event, Vu Ba Phu, Director of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade stressed that with a diverse and abundant source of medicinal herbs, Vietnam boasts great potential and advantages to develop this field into an economic industry. | The cinnamon cultivation area in Vietnam stands at about 150,000 ha, accounting for 17% of the global cinnamon area. Vietnam is the third largest producer and exporter of cinnamon in the world in terms of output, after Indonesia and China. Meanwhile, very few countries have star anise – the plant … [Read more...] about Conference looks for ways to boost exports of herbal products
ASEAN – RoK centre releases video to promote ASEAN tourism
Hanoi Opera House is given a highlight in the Vietnam video. (Photo: VNA) Seoul (VNA) – A series of videos released by the ASEAN – Korea Centre (AKC) on September 27 is expected to provide a deeper insight into the rich culture and unique architecture of Cambodia, Indonesia and Vietnam, as well as promote collaboration between the ASEAN bloc and the Republic of Korea (RoK). Themed “a journey to culture and architecture” the five-minute videos shed light on two cities in each nation. The respective countries' national tourism organizations recommended the architecture to be featured in the videos and architect-writer Oh Young-wook provided the commentary. The Vietnam video takes viewer to Hanoi, a city with 1,000 years of history, and Ninh Binh – dubbed as the “Ha Long Bay on land”. It spotlights a blend of European flair and traditional elements in such iconic structures as the Opera House, St.Joseph’s Cathedral, Phat Diem Cathedral and Bai Dinh Pagoda. For Cambodia, … [Read more...] about ASEAN – RoK centre releases video to promote ASEAN tourism
Hanoi officials in Beijing to learn from heritage preservation experience
Preserving and protecting the Cultural Heritage is one of the key priorities that Hanoi wants to achieve better. The delegation from Hanoi, led by Secretary of the Hanoi City Party Committee Dinh Tien Dung, visited the Summer Palace in the imperial city of Beijing on September 28. Hanoi officials visit the Summer Palace in Beijing. Photo: The Hanoi Times At the Summer Palace, the guests from Hanoi were introduced to the historical background and values of the relic. The officials also learned about the efforts and solutions taken by Beijing and Chinese authorities to preserve the site and attract tourists. The Summer Palace, with a total area of about 3 km2, is an imperial garden built in the Qing Dynasty (1644-1911). It was first built in 1750, largely destroyed in 1860, and restored to its original design in 1886. According to the UNESCO World Heritage Conservation, the Summer Palace is "a masterpiece of Chinese landscape garden design". In 1961, … [Read more...] about Hanoi officials in Beijing to learn from heritage preservation experience
PM presides over Government’s September law-making session
Prime Minister Pham Minh Chinh (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on September 28 chaired a monthly Government law-making session to discuss a proposal on drafting the Law on Management and Use of Weapons, Explosives and Supporting Tools. Participants looked into a proposal on building the Law amending and supplementing a number of articles of the Law on Advertising, the issuance of documents detailing and guiding the implementation of laws, ordinances, and resolutions of the National Assembly (NA) and the NA Standing Committee that have taken effect. In his opening remarks, PM Chinh said that in the first nine months of this year, the Government has focused on implementing three strategic breakthroughs, including institution building and perfection. An overview of Government law-making session (Photo: VNA) Therefore, the Government has spent a lot of time and resources, and applied innovations to promote the work of building and perfecting … [Read more...] about PM presides over Government’s September law-making session