At the press conference (Photo: VNA) Hanoi (VNA) – The Vietnam Craft Villages Festival 2023 will take place in Hanoi from October to November to preserve and promote the values of traditional craft villages, the organising board said at a press conference on September 26. The event will be co-organised by the Department of Cooperatives and Rural Development under the Ministry of Agriculture and Rural Development (MARD), and the Hanoi Department of Agriculture and Rural Development. A wide range of activities are on schedule, including a ceremony to honour excellent craftsmen, an opening ceremony, an art programme, an international exhibition introducing craft products and those under the One Commune One Product (OCOP) programme, and an international workshop on preservation and development of craft villages. Thang Long Imperial Citadel will host major events on November 9-12. Particularly, the MARD will organise a Vietnamese handicraft product contest to encourage … [Read more...] about Festival preserves values of Vietnamese craft villages
Mabuting balita feb 26 2023
CMSC navigates reforms and challenges at SOEs
Phan Van Son, director of General Department under the Commission for Management of State Capital at Enterprises In Vietnam’s quest for economic prosperity, the Commission for Management of State Capital at Enterprises (CMSC) stands out as a sentinel overseeing the ownership in 19 pivotal state-owned enterprises (SOEs), each playing diverse roles across 16 varied sectors. According to Phan Van Son, director of General Department at the CMSC, the journey, while dotted with accomplishments, has many challenges. “The commission acts as a dedicated agency, symbolising state ownership in enterprises, rendering them guardians of state assets,” said Son. According to Son’s presentation at VIR ’s seminar titled 'Looking Back and Moving Forward' on September 26, by 2022, these 19 SOEs have witnessed a surge in their consolidated total capital and assets, touching $48.7 billion and $105.2 billion respectively, reflecting a substantial 63 per cent of total state ownership capital and … [Read more...] about CMSC navigates reforms and challenges at SOEs
South Korea’s SK Group continues to deepen investment in Vietnam
SKC Co. Ltd. (SKC), a subsidiary of the SK Group , has received an investment certificate to develop a high-tech biodegradable materials factory in the northern port city of Hai Phong. With the total investment capital of $500 million, the factory specialises in producing biodegradable materials such as polybutylene adipate terephthalate and polybutylene succinate. The project spreads across an area of 32,089 square metres in the Haiphong I DEEP C Industrial Zone in the Dinh Vu-Cat Hai Economic Zone. In the first phase, the project will start construction in mid-December 2023, slated to be completed within nine months. The project is expected to reach an output of 35,000 tonnes by year-end. In the second phase, the company will increase the total output to 70,000 tonnes per year. Woncheo Park, CEO of SKC under SK Group said, "SK Group has invested about $3 billion in Vietnam over the past five years. Currently, Hai Phong is one of the countries with the most modern … [Read more...] about South Korea’s SK Group continues to deepen investment in Vietnam