Hanoi should be empowered to stipulate regulations about its development. Dinh Tien Dung, Secretary of the Hanoi Party Committee, proposed that the revised Capital Law give Hanoi the power to set standards in line with practice in certain areas to ensure long-term security and safety. Secretary of the Hanoi Party Committee Dinh Tien Dung at the session. Photo: Quochoi Dung made the statement on September 20 at the session of the National Assembly Standing Committee in response to last week's tenement fire in Hanoi's Thanh Xuan District that claimed dozens of lives. Hanoi needs to be empowered At the session, Chairman of the National Assembly Vuong Dinh Hue said that the law is particularly important for the development of Hanoi . Therefore, it is necessary to continue to review and research to fully institutionalize policies for Hanoi's development as set out in the resolutions of the Politburo. Emphasizing that this is a law on decentralization of … [Read more...] about Amended Capital Law: Hanoi needs more power
Military service law to be amended to prevent draft dodging vnexpress
US finalizes rules to prevent China from benefiting from $52B in chips funding
Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Photo by Reuters The regulation is the final hurdle before the Biden administration can begin awarding $39 billion in subsidies for semiconductor production. The landmark "Chips and Science" law provides $52.7 billion for U.S. semiconductor production, research and workforce development. The regulation, first proposed in March, sets "guardrails" by limiting recipients of U.S. funding from investing in expanding semiconductor manufacturing in foreign countries of concern like China and Russia, and limits recipients of incentive funds from engaging in joint research or technology licensing efforts with foreign entities of concern. In October 2022, the department issued new export controls to cut China off from certain semiconductor chips made with U.S. equipment in its bid to slow Beijing's technological and military advances. "We … [Read more...] about US finalizes rules to prevent China from benefiting from $52B in chips funding
Quang Ninh border guards take measures to prevent IUU fishing
These activities have made contribution to maintaining stability in the coastal areas and ensuring social order for local residents. Joining hands to remove E.C. yellow card on IUU fishing Together with the fisheries sector to remove the yellow card of the European Commission (E.C.) on IUU fishing, the Quang Ninh provincial border units have taken drastic measures and mobilized troops to grasp situations at sea and conduct patrols to prevent trawlers and fishermen from illegally fishing in foreign waters... Being tasked with managing the waters of Wanwei, Jiang Ping, Dong Xing, and Fang Cheng (Guangxi, China) and the two border communes of Vinh Trung and Vinh Thuc in Mon Cai City, the Border Post of Van Gia Border Gate is working in such complicated and large areas, which are regularly violated by crimes for illegal fishing. According to Political Commissar of the border unit, Colonel Vu The Rang, local people mostly live on fishing, aquaculture, and fisheries logistics … [Read more...] about Quang Ninh border guards take measures to prevent IUU fishing
VN needs appropriate deposit level for property auctions to prevent market distortion
A view of Thủ Thiêm New Urban Area. An appropriate deposit level for property auctions is critical to prevent price inflation and speculation. — VNA/VNS Photo Quang Nhựt An appropriate deposit level for property auctions is critical to prevent price inflation and speculation, experts have said. Statistics showed that more than 200,000 auctions were organised from July 2017 to the end of 2022, which helped raise nearly VNĐ110 billion (US$4.5 billion) in differences between reserve prices and the winning bids, contributing significantly to efficient public asset management and use. However, the General Department of Taxation said that many localities reported high abandonment rates of auction deposits, notably the case in Thủ Thiêm New Urban Area in HCM City, which is related to Tân Hoàng Minh Group. To cope with this situation, the draft amended Law on Property Auction proposes to increase the deposit from 10 per cent of the reserve price to 20 per cent in the auction of land … [Read more...] about VN needs appropriate deposit level for property auctions to prevent market distortion
Hanoi ratifies resolution on enhancing fire prevention and firefighting
The resolution places special emphasis on addressing and preventing fire and explosion incidents, particularly in high-risk areas. The Hanoi People’s Committee, during the 13th session [September 22], approved a resolution on measures to enhance fire prevention and firefighting efforts. Deputies at the 13th session. Photos: Thanh Hai/The Hanoi Times The resolution outlines nine main categories of measures, encompassing immediate and future actions to enhance regional fire and explosion safety. In line with this, the resolution places special emphasis on addressing and preventing fire and explosion incidents, particularly in high-risk areas such as multi-story residential buildings, industrial zones, craft villages, and commercial centers. These efforts will be prioritized from now until the end of 2023 and further extended through 2025. Furthermore, the resolution highlights the importance of public awareness campaigns and training programs aimed at … [Read more...] about Hanoi ratifies resolution on enhancing fire prevention and firefighting
Decentralizaion on agenda for Hanoi decision makers
The Law would establish a transformative mechanism that can mobilize all available resources and effectively harness the potential and strengths of the capital, facilitating its continued rapid and sustainable development. When providing feedback on the amended Capital Law , members of the National Assembly Standing Committee have stressed the importance of revising mechanisms and policies related to decentralization in the city’s decision-making process. Minister of Justice Le Thanh Long. Source: quochoi.vn Minister of Justice Le Thanh Long pointed out that the amended Law has been designed to meet the practical needs of the capital . It outlines provisions for delegating authority from the Prime Minister to the Hanoi People's Committee, allowing local adjustments to the master plan for regional construction, the responsibilities of municipal agencies, general urban planning, and specialized technical infrastructure planning. "This approach aims to … [Read more...] about Decentralizaion on agenda for Hanoi decision makers
GS chief asks for pro-activeness in giving advice to handle situations
A report delivered at the meeting confirmed that the GS has directed the whole military to implement and complete their duties according to September plan. The GS has well grasped situations, strictly exercised combat readiness duties, made recommendations to the Central Military Commission and the Ministry of National Defense to report to the Party and State leaders to effectively deal with situations. It has directed Military Region 3, and other military units to organize exercises, training sessions, and sporting festivals with absolute safety of personnel and equipment. Attentively, under its leadership, agencies and units have mobilized forces and vehicles to promptly respond to natural disaster prevention and control and search and rescue operations in Lao Cai province and other stationed localities. In September, units have strictly observed and managed the borderline, prevented and dealt with illegal entry and exit cases; kept a close watch on key areas and put their … [Read more...] about GS chief asks for pro-activeness in giving advice to handle situations
Thai Chief of Defense Forces visits Vietnam
On September 20, Chief of the General Staff and Deputy Defense Minister Senior Lieutenant General Nguyen Tan Cuong chaired a solemn reception for General Chalermphon Srisawasdi at the Headquarters of the Ministry of National Defense. After the reception, the two sides held talks. During the talks, General Cuong affirmed the significance of the visit which takes place in the context that the two countries are celebrating the 10th anniversary of the establishment of their strategic partnership, contributing to creating new momentum for Vietnam - Thailand defense relations. On the basis of the bilateral friendship and fruitful cooperative relations, the cooperation between the two militaries has continuously developed with many practical and effective activities. Such cooperation mechanisms as defense policy dialogue; coast guard exchange; collaboration between arms and services; young officers’ exchange; information sharing; consultation; support to each other at ASEAN-led … [Read more...] about Thai Chief of Defense Forces visits Vietnam
Working with American business partners requires understanding their way of thinking
In January 2000, we established our first branch in San Jose, California, the heart of Silicon Valley. The director of that branch was a patriotic diasporic Vietnamese. But the American Dream did not come true for us. After merely one year of operations, FPT USA had to temporarily stop operating due to a lack of customers. We tried everything, with different people attempting to take the reigns of business development. From a Vietnamese expat to a graduate from prestigious MBA programs. What we received were critics, portraying our managers as "delusional about our corporate capability" and our programmers "weak in both expertise and language skills." It was a total failure. No one cared about a nameless company from Vietnam, a country only known then for the prolonged war. One of our then-potential customers was surprised to learn that it only took one hour to fly from Hanoi to Bangkok. He could not imagine the locations were so close, despite his own flying to Bangkok quite … [Read more...] about Working with American business partners requires understanding their way of thinking
Innovative medicine sales top the list for multinationals
Non-communicable diseases are still on the rise in Vietnam, and thus more choice and more modern answers are required, Photo: Le Toan Pfizer plans to bring numerous innovative medicines to Vietnam over the next four years. This is in line with its global strategy, as the company has made significant progress towards launching 19 new products over an 18-month span, having executed 11 launches so far. According to Pfizer, the company continues to build momentum, recently attaining key milestones for several products, including the US launches of Prevnar 20 in paediatric patients; as well as US approvals and launches of several other key medicines Darrell Oh, country manager of Pfizer Vietnam, told VIR, “Pfizer Vietnam will continue focusing our business where we believe we can have the greatest impact on patients and society – pursuing what we believe to be the most innovative biopharmaceutical therapies and vaccines.” “More than ever, we believe that the innovative industry … [Read more...] about Innovative medicine sales top the list for multinationals