The country should have a high level of urbanization comparable to ASEAN and Asia by 2045. Vietnam aims to have at least five cities of international caliber to serve as locomotives for regional and international development networks by 2045, according to an action plan released by the Ministry of Construction (MoC) recently. Under the action plan, the ministry will execute two resolutions, one by Politburo and the other by the Government, on the sustainable development, management, and construction of urban areas in Vietnam by 2030 with a vision for 2045. Hanoi from above. Photo: Huu Thang The country plans to build a high level of urbanization comparable to ASEAN and Asia by 2045. The urban system would be integrated, balanced, and sensitive to climate change, natural disasters, and epidemics, while promoting environmental protection and distinctively modern architecture with green and smart elements, according to the action plan. Other key targets … [Read more...] about Vietnam aims for five international-standard cities by 2045
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Vietnamese, French localities look to step up cooperation
Presiding over the ceremony, Mayor of Poitiers Eléonore Moncond'huy spoke highly of the the twinning relationship between the French locality and Vietnam's central city of Hue in particular, as well as the traditional cooperation between the two countries in general. She called on partners of the Nouvelle-Aquitaine region, including Poitiers, to proactively renew existing relationships, and look for new cooperation fields such as energy transformation, digital transformation, and green and sustainable development. Representing officials of the Nouvelle-Aquitaine region, Pascal Duforestel highlighted the traditional twinning relationship between Vietnam’s Lao Cai province and Poitou-Charente (the old name of the Nouvelle-Aquitaine region before 2016), which has been maintained and developed until now with cooperation projects in agriculture, French language teaching and tourism training. He pledged that the regional authority will support twinning cooperation projects, and promote … [Read more...] about Vietnamese, French localities look to step up cooperation
Vietnam, U.S. nourish economic, trade, investment ties
During a working session with a delegation from the U.S. - ASEAN Business Council (USABC) in Hanoi on March 23, Anh expressed his delight at the strong and substantial development of cooperation between Vietnamese and U.S. firms. He highly valued the U.S. businesses’ positive contributions to the transformation and growth of Vietnam's economy, and expressed the readiness to engage in dialogues with U.S. enterprises to address obstacles in bilateral economic, trade and investment cooperation. Hailing the U.S. firms for expanding operations, research and development and innovation, he suggested the USABC further enhance its role as a bridge promoting Vietnam - U.S. comprehensive partnership effectively and substantially that are aligned with needs and interests of both sides; step up collaboration in diversifying and ensuring supply chains, and further expand business operations. The USABC delegation vowed to continue partnering closely with Vietnam and nourish Vietnam - U.S. … [Read more...] about Vietnam, U.S. nourish economic, trade, investment ties
Vietnam becomes favorite destination for Cambodian tourists
It said previously, Cambodians visited Vietnam mainly for medical services, but over several recent years, the inflow of middle-class visitors from the neighboring country to Vietnam for tourism purpose has been rising, especially after the COVID-19 pandemic was put under control. The Central beach city of Da Nang, the ancient town of Hoi An, Da Lat – the city of thousand flowers in the Central Highlands region, Nha Trang, Vung Tau and the “Paradise Pearl Island” of Phu Quoc are some of top favorite destinations among Cambodian tourists. Tran Quoc Thinh, Director of Tay Ninh province’s Tourism Promotion Center said Cambodia is a traditional tourism market of Tay Ninh, which shares a 240-km border with Cambodia’s Svay Rieng, Prey Vieng and Tboung Khmum provinces. Cambodians regularly cross the border to Tay Ninh for sightseeing, shopping or visiting pagodas, especially on weekends or holidays, according to Thinh. The province has introduced many new, unique and interesting … [Read more...] about Vietnam becomes favorite destination for Cambodian tourists
Mangrove worm a staple in Saigon’s beloved porridge
The unnamed porridge shop in Tan Phu District sells porridge cooked in the style of the Teochew people, who originated in southeast China, which is served with shrimp, fish, pork intestines, and trung bien -mangrove sea worms. Tang Khanh Toan, the shop owner, said that the business started in 1983, and was passed down by his father. The eatery first started selling porridge on Au Co Street, which is one kilometer away from the current location at 104/22B Trinh Dinh Trong Street, Phu Trung Ward. The current location has also been the family's home since the 1990s. The porridge is quite popular among the Chinese community in Saigon. Mangrove worms are used in traditional Chinese medicine to raise testosterone levels and enhance health. According to the owner of the restaurant, many people confuse trung bien with sa sung , or peanut worms, because of the similar shape. Mangrove worms are cleaned inside out thoroughly and used within the day. Photo by VnExpress/Quynh … [Read more...] about Mangrove worm a staple in Saigon’s beloved porridge
Corporate bond issuance surges in March after prolonged inactivity
Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity
Cabinet recognises progress in promoting Thai soft power
Thai Deputy Government Spokesperson Tipanan Sirichana.(Photo: nationthailand.com) Bangkok (NNT/VNA) - The Cabinet has acknowledged the progress made in promoting Thailand’s image through the use of "soft power" in the entertainment industry, said Deputy Government Spokesperson Tipanan Sirichana. The government aims to promote economic development through the entertainment industry, encouraging the sales of Thai goods and services while motivating entrepreneurs through tax measures. As part of this effort, the Cabinet has appointed a committee to study and develop policies, plans and strategies for the purpose of supporting and improving the nation’s soft power through the industry. Additionally, the committee will offer tax deductions or financial incentives to motivate private entrepreneurs in the manufacturing, service, and production sectors to promote Thai products and services. The committee will propose several draft plans to the Cabinet for approval. The … [Read more...] about Cabinet recognises progress in promoting Thai soft power
Vietnam, Thailand eye stronger labour cooperation
Vietnamese Ambassador to Thailand Phan Chi Thanh (L) and Thai Deputy Minister of Labour Surachai Chaitrakulthong (Photo: VNA) Bangkok (VNA) - Vietnamese Ambassador to Thailand Phan Chi Thanh had a working session with Thai Deputy Minister of Labour Surachai Chaitrakulthong on March 24 to discuss measures to further step up labour cooperation between the two countries. The Vietnamese diplomat briefed on economic cooperation between Vietnam and Thailand, saying that Thai businesses highly value business opportunities in Vietnam and want to expand their investment in the country. Many Thai corporations have invested in Vietnam with large-scale projects, using many Vietnamese workers, he said, adding that the Vietnamese Government always creates favourable conditions for Thai labourers to work in the country. He thanked the Thai Government for supporting legal workers from Vietnamm in the past time, and suggested the Thai side consider adding more industries for … [Read more...] about Vietnam, Thailand eye stronger labour cooperation
Young peacekeepers in Abyei conduct social activities
According to Lieutenant Colonel Nguyen Quang Tuyen, Political Officer of the first Engineering Company, the unit has completed the construction of a house to present to an immigrant family in Abyei as a gift. The nine-member family has immigrated to Abyei and lived in a 5-6sq.m tattered tent around 300m from the company’s barracks. The Standing Committee of the Youth Union Chapter has mobilized all members to build the house from used materials to help the family soon stabilize their lives. With high determination and efforts, youths of Engineering Company Rotation 1 completed the 40sq.m house after two weeks and handed over to the family. The deed of the young Vietnamese peacekeepers has attracted the attention of local people. This is the first time that they have witnessed a unit of the U.N. building house for the poor. Earlier, within the framework of the Youth Month, the Youth Union Chapter worked with youths of a local high school to concrete two classrooms with a total … [Read more...] about Young peacekeepers in Abyei conduct social activities
Ba Son Corporation begins building new ship for Damen Shipyards Group
The ceremony was attended by Major General Le Quang Tuyen, Deputy Director of the General Department of Defense Industry, who urged Ba Son Corporation to use all available resources to speed up the shipbuilding process, procure necessary materials and equipment, and ensure quality and progress. Colonel Mai Quoc Truong, General Director of Ba Son Corporation, stated that the vessels in the Combi Freighter 3850 series are modern ships that require a lot of resources. The Vietnamese corporation is committed to conducting the project with high quality and absolute safety, which will allow them to demonstrate their capacity to build new ship products with modern techniques and quality standards. This will also help the corporation to improve its management level, technological capacity, and the skills of its officials and employees, and strengthen its position and brand in the export shipbuilding market. The Combi Freighter 3850 is a multi-purpose cargo ship with a length of 89.70m, a … [Read more...] about Ba Son Corporation begins building new ship for Damen Shipyards Group