Islamic development bank headquarters

The plan strives to increase the share of renewable energy in the country's power mix to between 67.5-71.5 % by 2050. (Photo: VNA) Hanoi (VNA) - The National Power Development Plan VIII , which has been recently approved by the Prime Minister, aims to ensure national energy security, thus satisfying the country's socio-economic requirements in the time ahead. GDP growth rate of about 7.0% during the 2021-2030 period, and 6.5-7.5% in 2031-2050. ASEAN in terms of power reliability. Additionally, half of the office buildings and homes in the country would be powered by rooftop solar panels by 2030. Illustrative image (Source: EVN) Greenhouse gas emissions from energy production would be cut to around 27-31 million tonnes by 2050 from about 204-254 million tonnes in 2030. VNA … [Read more...] about National Power Development Plan VIII to ensure national energy security

The Da Nang International Fireworks Festival (DIFF 2023) is expected to be a "symphony of lights". (Photo: Sun Group) Da Nang (VNA) - The Da Nang International Fireworks Festival (DIFF 2023) is expected to be a "symphony of lights" activating a bustling summer tourism season in the central beach city of Da Nang . DIFF 2023 , themed “The Peace for Humanity", will take place on June 2 evening with the competition between Vietnam and Finland. Members of Joho Pyro Professional Fireworks from Finland (Photo: Sun Group) Joining the festival for the first time in 2019 and spectacularly clinching the championship title, the Finnish team has proven their creativity and astonishing display. Each performance by JoHo Pyro left the audience breathless. Vietnam's team has inspired performances over the years. (Photo: Sun Group) While Finland chooses to portray intense emotion and love in its display, the host team will tell a story of peace and friendship through … [Read more...] about Da Nang international fireworks festival to activate bustling summer tourism season

Alumni are regarded ambassadors to strengthen Australia and Vietnam relations amid joint efforts to work together on a variety of educational and training projects. Vietnamese people who studied in Australia have contributed to Vietnam’s development and acted as ambassadors to foster bilateral relationship. Australian Trade and Tourism Minister, Senator the Hon Don Farrell praises the role of alumni in Australia-Vietnam relations. Photo: Embassy of Australia in Hanoi Australian Trade and Tourism Minister, Senator the Hon Don Farrell has praised the role of alumni’s contributions to Vietnam and Australia bilateral relations. Alumni help to add depth to Australia's economic diplomacy, building trade, investment, and business linkages, not only in Vietnam, but more broadly in the Southeast Asian region, Senator Don Farrell said during a visit to Vietnam last month. The senator made the remarks at the inauguration of the Australian Alumni Awards to honor the … [Read more...] about Alumni bridge Australia and Vietnam

The Hanoi Technology Exchange's development aims to connect with the national technology exchange and technology centers worldwide. The construction and operation of the Hanoi Technology Exchange must be completed this year, the Hanoi Department of Science and Technology has been urged. The request was made by Hanoi People's Committee Deputy Chairman Le Hong Son during a recent meeting with the department to review its performance in the first five months of the year and outline plans for the rest of 2023. Le Hong Son, Deputy Chairman of the Hanoi People's Committee, addresses the event. Photo: Phuong Nga In 2022, the City Council approved the plan to build and operate the Hanoi Technology Exchange, which is expected to be pivotal in developing the science and technology market. It will serve as a platform for consulting, brokering, facilitating technology transfer, and technology trade. According to the plan, the exchange will operate under two … [Read more...] about Launch of Hanoi technology exchange this year

Hosted by the Vietnamese Embassy in Japan, the event is one of the major celebrations for the 50th founding anniversary of Vietnam-Japan diplomatic ties. In his remarks at the opening ceremony, Japanese Minister of Foreign Affairs Yoshimasa Hayashi affirmed the effective cooperation between the two countries in recent years, reflected in regular exchanges at all levels. Of these, the most notable one was Vietnamese Prime Minister Pham Minh Chinh's attendance at the expanded G7 summit in May this year. Vietnamese Deputy Minister of Foreign Affairs Le Thi Thu Hang said that as the largest-ever of its kind, the Vietnam Festival 2023 shows the wishes of governments, localities and people of the two countries to join hands towards the future, entering a new stage of development. Vietnamese Ambassador to Japan Pham Quang Hieu said that the annual festival in Tokyo offers an opportunity for the Vietnamese community in Japan and Japanese friends to exchange and enjoy Vietnamese music, … [Read more...] about Vietnam Festival 2023 kicks off in Japan

Bai Bui Meadow is in Khop Village, Lac Son District, Hoa Binh Province, approximately 140 km from Hanoi, spanning about 9 hectares at an altitude of 600 meters above sea level. According to Nguyen Duc Sam, a local resident who now works in tourism in the area, it was initially used by the local community as a grazing ground for cattle. However, with the local road renovation in 2022, the spot started drawing visitors. On May 13, Vu Minh Quang from Hanoi and his friends decided to camp overnight at the meadow after finding it online. Arriving at around 10 p.m., they could not fully appreciate the scenery due to the darkness, so set up camp and rested. The following morning, they were amazed by the breathtaking view that greeted them. At dawn, they found themselves facing a vast, flat, and green lawn. Local buffaloes and cows leisurely grazed or wallowed in mud pools to cool off. … [Read more...] about Camping at an untouched meadow in northern Vietnam

Minister of Information and Communications Nguyen Manh Hung presented draft amendments to the Law on Telecommunications before the National Assembly on Friday, arguing that the existence of OTT services in Vietnam means that there must be questions raised regarding their management in order to ensure service quality, safety and security. The draft therefore entails stipulations on the management of telecom services, including data centers, said Hung. The measures and forms of approval also aim to encourage new services to develop, according to the minister. Hung said the development of new satellite technologies has necessitated the completion of management policies regarding trans-national, satellite telecom services in Vietnam, "in order to ensure users’ interests in Vietnam." Le Quang Huy, head of the National Assembly’s Science, Technology and Environment Committee, said OTT services, in essence, use the Internet to provide applications like Zalo, Viber and Telegram. OTT … [Read more...] about Ministry must ‘manage’ Zalo, Telegram to protect users

Currently, there are more than 70 million registered motorcycles in the Southeast Asian country with the figure projected to grow even larger in the future. In the first four months of 2023 alone, the country produced more than 1 million new motorcycles. Five major manufacturers: Honda, Yamaha, Suzuki, Piaggio, and SYM hold over 90% of the market share in Vietnam, manufacturers also export fully assembled models to international markets. VAMM said the stage has been set for Vietnam to become an attractive destination for motorcycle manufacturers in the Asia-Pacific region. Due to supply chain difficulties and rising trade tension between the U.S. and China, manufacturers have been shifting their investments to smaller markets in Asia to minimize risks. For example, the Japanese government has allocated a 2.2 billion USD fund in support of Japanese businesses relocating from China while the U.S. government has been calling for U.S. businesses to either return to the U.S. or … [Read more...] about Vietnam emerges as a major motorcycle market and manufacturing hub

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on June 3 asked ministries, agencies and localities to push the three engines of export, investment and consumption in order to spur the country's economic growth in the time ahead. Speaking at an online regular meeting between the Government and localities, the leader stressed the need to remove obstacles to production and business, and help enterprises in administrative procedures , interest rates and market expansion. He also urged localities to accelerate the disbursement of public investment capital and the implementation of the socio-economic recovery and development programme as well as national target programmes, and focus on site clearance and material preparations for key projects. Apart from promoting domestic consumption, it is necessary to expand export markets, the PM said, highlighting other tasks such as effectively optimising free trade … [Read more...] about Focusing on export, investment, consumption to boost growth: PM

Deputy Prime Minister Tran Hong Ha speaks at the meeting. (Photo: VNA) Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha has requested the national energy master plan for 2021 - 2030, with a vision to 2050 reflect and help implement Vietnam’s commitments on net zero emissions and in the Just Energy Transition Partnership (JETP). Ha made the request at a meeting with the national appraisal council for the draft national energy master plan in Hanoi on June 2. The Deputy PM said the plan should include some new viewpoints and specify important tasks in identifying the relationship and the mechanism for coordination among energy segments (coal, oil and gas, electricity, renewable energy, among others). It also needs to be consistent with other plans such as those on land use and sea space. The national energy master plan must show a consistent mindset and help implement Vietnam’s commitments on net zero emissions and in the JETP as well as the plans for energy … [Read more...] about Master plan must reflect Vietnam’s energy commitments: Deputy PM