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The UN General Assembly held a high-level meeting on peace-building and sustaining peace on April 24-25 in New York, with the participation of 128 UN members and international organizations. Speaking at a discussion session, the Head of the Vietnamese Mission to the UN, Ambassador Nguyen Phuong Nga, said that, in the context of current unpredictable and complex challenges, the UN should seek comprehensive approaches, promote close coordination, place people at the center of the process of making and implementing policies, take specific measures to prevent and handle conflict on the basis of the UN Charter and international law while avoiding the use of force or threat to use force, and fully respecting sovereignty and territorial integrity of each country. The Vietnamese Ambassador reconfirmed Vietnam’s commitment to contribute positively to regional and international peace and security, as well as the country’s consistent policy to peacefully settle disputes, including the ones in … [Read more...] about Vietnam committed to contributing to international peace and security

The gunman, 18-year-old Salvador Ramos, also sent a message on Tuesday saying he was going to shoot his grandmother and another one confirming he had done so, Abbott said at a news conference. Ramos' grandmother, whom the suspect shot in the face shortly before attacking the school, survived and called police. Ramos gave no warning except the online posts. After shooting his grandmother, he fled the home they shared and crashed his car near Robb Elementary School in Uvalde, Texas, about 80 miles (130 km) west of San Antonio. A school police officer approached him outside the building, according to officials, but no gunfire was exchanged. Authorities offered few additional details of that encounter, which is likely to become a focus of investigations, except that the suspect dropped a bag full of ammunition on the ground and ran toward the school when he saw the officer. Ramos then entered the school through a back door carrying an AR-15-style rifle and made his way down two … [Read more...] about Minutes before school attack, Texas gunman sent online warning

At the closing ceremony of SEA Games 31 . (Photo: VNA) Hanoi (VNA) – Vietnam has successfully organised SEA Games 31, rounding off the tournament with a spectacular ceremony, Malaysia’s media have said. In an article titled ‘Hanoi SEA Games ends in colourful, vibrant, spectacular style’, Vikneswaran Raman of the Malaysian news agency Bernama reviewed highlights of the Games’ closing ceremony at Hanoi's My Dinh Indoor Athletics Arena. The reporter said the ceremony, powered by stunning light shows and marked the rejuvenation of sports in the region. The article also noted Vietnam in its second time hosting the sports event, topped the medal tally with a massive 205-125-116 medal haul. At the closing ceremony (Photo: VNA) Echoing the view, the news site The Star lauded the successful organisation of the Games and the 90-minute warm and joyful farewell to international friends after excellent competitions. In an article reviewing Malaysia’s journey at the … [Read more...] about SEA Games 31: Malaysian media impressed with host Vietnam

The completion of these projects would help ensure Hanoi’s rapid and sustainable development towards green, smart, and modernization while maintaining the harmonization between rural and urban areas. The capital city has so far completed around 70% of the total area subject to site clearance under smart urban projects in the city. Overview of the smart city project in Dong Anh District. Photo: BRG To date, the progress has been encouraging as contractors are speeding up the completion of the site clearance process. According to a recent report, site clearance for the construction of the new residential project Tay Mo – Dai Mo – Vinhomes Park in Nam Tu Liem District has almost concluded, with the  70% of the work volume completed. Around 80% of the land for the projects in the communes of Xuan Canh, Dong Hoi, and Mai Lam (Dong Anh District) have been cleared, and the authorities are handing over clear sites to contractors. The local authorities are also … [Read more...] about Hanoi accelerates construction of smart urban projects

Illustrative photo (Source: VNA) Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook. BIDV Senior Executive Vice President Tran Phuong said it is a result of research by a team of ADB and BIDV experts. This is the first time a Vietnamese financial institution has collaborated with ADB to make a comprehensive assessment report on the Vietnamese financial market, covering the fields of banking, securities, and insurance, he noted. Looking back at 2021, the report states that the world economy recovered quite quickly along with a rapid increase in inflation due to the majority of countries reopening socio-economic activities. The global financial market continued its fast recovery given the new normal condition and strengthened confidence. In that context, Vietnam's economy recovered quite … [Read more...] about BIDV, ADB release report on Vietnam’s financial market

Delegates attended to the factory's groundbreaking ceremony. — Photo baodautu.vn Kurz International Holdings GMBH from Germany held a groundbreaking ceremony to build a thin-film factory at the Becamex Viet Nam-Singapore Industrial Park (VSIP) in the south central province of Binh Dinh on Tuesday. Kurz International is the first European investor to invest in the 1,425-ha park as well as in the south central province. The US$40-million project covers 12,000sq.m. It is the third invested by Kurz International in Asia. The first phase of the project is expected to be operational in the third quarter of 2023, with a total production capacity of 15 million sq.m of hi-tech film and coating products a year. Depending on operations in Viet Nam, the total investment for the project is expected to be up to $100 million in 10-15 years. General Director of KURZ Vietnam Co, Cosima von Salis said the new factory in Binh Dinh Province will help strengthen the influence of KURZ Group in … [Read more...] about Work begins on $40-million thin film project in Binh Dinh

Illustrative image (Photo: VNA) Hanoi (VNA) – With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for foreign direct investment (FDI) flows. Localities in the region have also organised investment promotion workshops to popularise Vietnam’s investment environment and its advantages and potential. In mid-May, Pandora, a Danish jewelry manufacturer, announced that it will invest 100 USD million to build a new facility in the Vietnam Singapore Industrial Park (VSIP) in the southern province of Binh Duong under a memorandum of understanding signed between two sides. Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and … [Read more...] about Key southern economic region a magnet for FDI

Kang GewWon, General Director of Shinhan Bank Vietnam (left) and Lee Euichul, General Director of Shinhan Life (right), signed an insurance business partnership on May 24. — Photo Shinhan Bank Vietnam Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) and Shinhan Bank Vietnam Limited (Shinhan Bank) officially signed a strategic cooperation agreement on implementing the bancassurance business model on May 24. The agreement marks a new chapter full of expectations for two financial organisations with mutual plans to bring living improvement solutions to a million Vietnamese people. Under the framework of the new agreement, Shinhan Bank Vietnam will consult and introduce life insurance products of Shinhan Life to the bank's customers nationwide. The first product developed through this distribution channel is Shinhan – Credit, a protection product for borrowers. “In recent years, customers' demand for insurance products at the bank has expanded … [Read more...] about Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership

The Viet Nam -Asia DX Summit 2022 opened in Ha Noi on Wednesday. — Photo vietnamplus.vn The Viet Nam-Asia Digital Transformation (DX) Summit 2022 opened in Ha Noi yesterday, where experts are examining ways to further utilise the advantages of digitalisation for the economy and society. The digital economy is making many important contributions to the global economy, said Nguyen Van Khoa, Viet Nam Software and IT Services Association (Vinasa) chairman. Facing the trend towards digitalisation, many countries have taken the opportunity to develop the digital economy and have issued their own development strategies, he added. The summit is organised by Vinasa under the direction and patronage of the Ministry of Information and Communications. Data from Google and Temasek shows that the Vietnamese internet economy achieved US$21 billion last year and contributed more than 5 per cent of the country's GDP. Studies show that the growth rate of the Vietnamese digital economy is … [Read more...] about Viet Nam-Asia DX Summit 2022 opens in Ha Noi

Deputy Minister of Finance Nguyễn Đức Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Việt Nam Securities Depository. Deputy Minister of Finance Nguyễn Đức Chi, who was appointed to take the charge of the State Securities Commission from May 19, spoke to the media about solutions to ensure the stable and safe operation of the securities market in the future. What is the view of the Ministry of Finance on the recent violations of the State management agencies in the securities market? Recently, authorities inspected activities on the stock market as well as State management agencies in charge of the market and have discovered the shortcomings and weaknesses of officials and civil servants in the … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market