International adoption where to start

Chairman of the Vietnamese National Assembly (NA) Vuong Dinh Hue (second, left) arrives at Hazrat Shahjalal International Airport in Dhaka capital on September 21. (Photo: VNA) Dhaka (VNA) – Chairman of the Vietnamese National Assembly (NA) Vuong Dinh Hue arrived at Hazrat Shahjalal International Airport in Dhaka capital on September 21, starting his official visit to Bangladesh at the invitation of Speaker of the Parliament Shirin Sharmin Chaudhury. The top legislator and his entourage were greeted at the airport by Iqbalur Rahim, member of the Parliament; K.M. Abdus Salam, Senior Secretary of the Bangladesh Parliament; and representatives of the Vietnamese Embassy in Bangladesh. Since Vietnam and Bangladesh set up their diplomatic relations on February 11, 1973, their traditional friendship and multifaceted cooperation have been continuously developed with political trust enhanced, which laid a firm foundation for the two nations to promote partnership across all … [Read more...] about Top legislator arrives in Dhaka, beginning official visit to Bangladesh

After every 10 years, the country’s GDP growth speed has reduced 1% compared to the previous period, said Thien, former head of the Vietnam Institute of Economics, at the "Raising strength, clearing resources and helping businesses" conference. The event was part of the Vietnam Socio-Economic Forum 2023 on Tuesday. The economist told the conference that one major cause of business sluggishness was that Vietnamese businesses have to pay interest rates two or three times higher than other countries. Another reason was firms’ limited access to bank loans, he said. Thien noted that by the end of August, credit growth was only 5.5%, less than half of this year’s goal (14%). On the matter of slow growth, director of the legal department of the Vietnam Confederation of Commerce and Industry Dau Anh Tuan said low quality infrastructure in Vietnam is still not able to meet the demands of economic growth. Moreover, he said high production costs have lowered competitiveness. This was … [Read more...] about Businesses resilient but grow too slowly

Christina Bao, Co-Head of Sales & Marketing at the Hong Kong Exchanges and Clearing Limited (HKEX). — Photo courtesy of HKEX The Vietnamese stock market is a key capital mobilisation channel for the economy and is undergoing improvement and upgrading towards emerging status. Considered as Asia’s financial hub, Hong Kong is a role model for Việt Nam to follow. When Christina Bao, Co-Head of Sales & Marketing at the Hong Kong Exchanges and Clearing Limited (HKEX), came to Việt Nam for a conference, Việt Nam News reporter Ly Ly Cao took the opportunity to speak to her about solutions to enhance the country’s stock market and how Hong Kong can support Việt Nam in the upgrading process. What do you think about the Vietnamese stock market in its current state? Việt Nam’s economy is on very strong momentum in terms of GDP growth, which grew by more than 8 per cent last year and is hopefully to reach 6 per cent this year. This sets a very strong foundation for the local … [Read more...] about Hong Kong to help elevate Việt Nam’s stock market potential

Vietnam has implemented regulations to effectively manage misinformation. Fake news and disinformation are global issues impacting not only ASEAN but also countries like Vietnam, necessitating comprehensive solutions. Delegates attend the forum. Photo: Congly.vn This consensus was reached at the ASEAN Forum on Tackling Disinformation, held in Danang City on September 19. The forum is part of a series of international events on information and communication in the ASEAN region hosted by the Ministry of Information and Communications (MIC) until September 23. Le Quang Tu Do, the head of the MIC's Department of Radio, Television, and Electronic Information, mentioned that four major platforms dominate in Vietnam: Zalo with 47 million users, YouTube with 63 million users, Facebook with 66 million users, and TikTok with nearly 50 million users. Among these platforms, Facebook, YouTube, and TikTok are particularly susceptible to the rapid spread of … [Read more...] about ASEAN, Vietnam seek to tackle fake news

Visitors view clothes made from recycled fabrics at the Vietnam Texfuture 2023 Fall Winter being held at the Thisky Hall convention centre in Thu Duc city from September 20 to 23. (Photo: VNA) HCM City (VNS/VNA) - Vietnam Texfuture 2023 Fall Winter, an international innovative fabric exhibition , opened in Ho Chi Minh City on September 20. It has the theme "Going recycling - Going circular,” and has attracted more than 15 brands and 200 Vietnamese and foreign exhibitors who are showcasing recycled, functional, natural, and synthetic fabrics, innovative technologies and solutions, textile accessories, eco-friendly fashion, and digital transformation solutions. The event also includes business matching activities, forums where industry experts will speak about new ideas to drive a more sustainable textile industry, and tours to leading garment and textile factories. Speaking at the opening ceremony, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and … [Read more...] about Exhibition on innovative fabrics opens in HCM City

The owner of Banh Mi Phuong, a well-known bakery in Hoi An, a tourist city in Quang Nam Province, issued a public apology following a mass food poisoning incident which began early last week and involved 141 victims as of Thursday last week. Truong Thi Phuong, the owner of the bakery, made the apology on her personal Facebook account as well as the on the bakery’s fan page. She wrote that the incident has affected the health, spirit, lives of customers. “We had shortcomings in controlling input materials as well as ensuring the quality [of products] before providing them to customers.” The bakery has been working with competent agencies and is waiting for test results of its food samples in order to identify the cause of the incident. It has also been adopting solutions to ease the consequences of the incident. Phuong also shared that representatives of the bakery have visited and spoken with victims who were admitted to local hospitals. The bakery will continue … [Read more...] about Owner of Hoi An bakery apologizes for mass food poisoning incident

Permanent Deputy Minister of Foreign Affairs Nguyen Minh Vu (R) welcomes Japan's Crown Prince Akishino and Crown Princess Kiko. (Photo: VNA) Hanoi (VNA) - Japan's Crown Prince Akishino and Crown Princess Kiko arrived in Hanoi on September 20 afternoon, starting their official visit to Vietnam on the occasion of the 50th founding anniversary of Vietnam-Japan diplomatic relations (1973-2023). The visit is hoped to contribute to further deepening the friendship between the Vietnamese and Japanese people as well as the ties between the two countries. Japan is one of the leading important and long-term partners of Vietnam. During Vietnam's 35-year path of Doi Moi (Renewal) and 50-year ties between the two countries, Japan has always supported Vietnam in international integration and socio-economic development. Particularly in recent years, the bilateral Extensive strategic partnership for peace and prosperity in Asia has seen strong and comprehensive progress. Japan … [Read more...] about Japanese Crown Prince, Crown Princess’s Vietnam visit to reinforce bilateral ties

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

GHG emissions inventories will cause a considerable challenge for the steel industry, photo Le Toan From October 1, steel companies exporting to the EU must adhere to the EU’s Carbon Border Adjustment Mechanism, starting with greenhouse gas (GHG) emissions reporting and reduction. At the training for steel manufacturers on GHG accounting and emissions mitigation, held on September 12 by the International Finance Corporation (IFC) and the Vietnam Steel Association (VSA), experts discussed industrial carbon reduction technologies and provided insights into opportunities and challenges related to carbon trading. As one of the fundamental industries in Vietnam, the steel industry serves as a primary input for various sectors such as construction, shipbuilding, automotive, mechanics, and others. According to information from the VSA, Vietnam exported approximately 8.397 million tonnes of steel last year, representing a 35.85 per cent decrease compared to the same period the … [Read more...] about Steelmakers must act now in CBAM entry

The Ho Chi Minh City People’s Council on Tuesday decided to source over VND4.3 trillion (US$176.1 million) from its budget to purchase medical equipment for three hospitals at its gateways. Of the total, the Thu Duc Regional General Hospital will receive over VND1.45 trillion ($59.5 million); Hoc Mon Regional General Hospital, over VND1.49 trillion ($61.1 million); and Cu Chi Regional General Hospital, some VND1.36 trillion ($55.8 million). The city will purchase the equipment between 2023 and 2025. The plan to acquire medical equipment for these hospitals is vital to ensure that they will have sufficient equipment after being put into operation. Residents in Ho Chi Minh City and neighboring provinces can access high-quality healthcare services, while these hospitals can attract high-skilled medical workers. The plan will also help ease the overload at central-level hospitals in the southern metropolis. In 2021, Ho Chi Minh started work on these three hospitals with an … [Read more...] about Ho Chi Minh City to spend over $176mn on medical equipment at 3 hospitals