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Dr Moritz Kraemer Dr Moritz Kraemer, the former Global Chief Ratings Officer of Sovereign Ratings Group at S&P Global and currently the Chief Economist, Head of Research of the Landesbank Baden Wuerttemberg (“LBBW”) bank, shared his view of the country and the current global situation with Vietnam News Agency. The pandemic remains unpredictable, and the world is experiencing strong and unusual economic and political changes, could you share your views on the situation? Yes, the world is in turmoil. A terrifying war in Europe could escalate to the unspeakable any day. The pandemic is still a lingering threat that keeps the world economy, and especially some countries in Asia, at bay. The old model of globalisation is severely tested as erstwhile reliable supply chains are ruptured and seem to refuse to heal. Moreover, as if that was not enough, inflation appears to be getting out of hand in much of the advanced economies as commodity prices soar and labour becomes … [Read more...] about Viet Nam shows ‘seemingly limitless promise’

Half of the dead victims are Vietnamese sailors. At least five Vietnamese people died and seven others were injured in a chlorine gas leak from a storage tank at Aqaba Port, Jordan this week. Gas explosion at Aqaba Port, Jordan on June 27. Photo: Mathrubhumi News Screengrab The Vietnamese mission in Saudi Arabia and Jordan is requesting Jordan authorities to expedite visa procedures so that the affected people’s relatives could fly to Jordan for funerals and to bring back the remains of the victims who worked for Hong Kong-flagged Forest 6 VRUK3 vessel. The Vietnamese victims are among 13 lives claimed in an explosion that also injured some other 250 people. In the latest move, Vietnam’s Ministry of Labor, Invalids and Social Affairs asked two labor companies (that sent those workers abroad) to take responsibility for the funerals and the return of remains. A huge explosion of toxic substance occurred when a crane loading chlorine tanks onto a ship in … [Read more...] about Poisonous gas leak in Jordan: Five Vietnamese die

Vietnam's emblem The Office of National Assembly (ONA) on January 31 launched the third phase of a programme to strengthen the capacity of people’s elected bodies in Viet Nam . The 7.5 million USD project, sponsored by the UN Development Programme (UNDP), the governments of Canada and Ireland , the Danish Trust Fund, the UK Department of International Development (DFID) and the Swedish International Development Cooperation Agency (SIDA), will be carried out between 2008 and 2012. This phase will be beneficial to all provincial People’s Councils nationwide as an extension from 16 localities in the first and second phases. The project will enhance the relationship between voters and their representatives and improve the consultations work for selected draft laws before they are submitted to the National Assembly for approval. Particularly, it will seek opportunities to further strengthen the representative role of elected bodies, public consultations … [Read more...] about NA starts project to improve people-elected bodies’ capacity

The auction by Drouot in mid-June saw more than 150 pieces go under the hammer including cups, bowls, paintings, and other items collected by Nam Phuong. An inkwell used by King Khai Dinh (1916-1925) from An Dinh Palace in the central Hue Town received the second highest bid of EUR286,000. A pair of animal-shaped jade boxes with inlaid eyes were sold for EUR221,000. According to the auction house, they are from the 18th and 19th centuries. Two cups of blue enamel tea cups went under the hammer for EUR104,000. the auction house, the artifact dates back to the reign of King Thieu Tri (1840-1847). Six porcelain bowls decorated with blue dragon shapes. Two round porcelain bowls decorated with blue glaze and five-clawed dragons, clouds and classic motifs. The bottom has the word ‘Sun.’ Besides antiques, a number of artworks were also auctioned. … [Read more...] about Vietnam’s last queen’s ceramics auctioned in France

Viet Nam sent 51,677 workers, including 19,849 females, abroad under labor contracts in the first half of 2022, according to the Ministry of Labor, Invalids and Social Affairs. Japan was the largest recipient of Vietnamese workers, employing 32,053 ones, followed by Chinese Taipei 15,533 and the Republic of Korea 1,209. Viet Nam's plan to send 90,000 laborers abroad to work under contract this year, is feasible, said deputy head of the Department of Overseas Labor under the Ministry of Labor, Invalids and Social Affairs Nguyen Gia Liem. Due to COVID-19 impacts, last year, Viet Nam sent 45,058 workers abroad, equivalent to 50 percent of its yearly labor export target. In Europe, nine countries including Poland, Lithuania, Hungary, Bulgaria, the Cyprus Republic, Turkey, Slovakia, Belarus and Portugal, have accepted workers from Viet Nam. Many labor suppliers are recruiting up to thousands of laborers for jobs overseas. Besides traditional markets such as Japan, the RoK and … [Read more...] about Nearly 52,000 laborers sent abroad in first half

National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit

Illustrative photo At the seminar, experts said that although the global Covid-19 pandemic has been basically controlled so far, the epidemic situation is still very complicated and unpredictable. SARS-CoV-2 is still constantly changing with new sub-variants that are more contagious and difficult to identify; therefore, experts predicted an increase in severe cases as well as mortality. Omicron is a popular variant in the world today, but it is not the final variant yet. According to the experts’ assessment, it is still possible for a new variant of SARS-CoV-2 to appear, causing an increase in cases of severe symptoms or deaths, especially in vulnerable groups. In order to prevent the Covid-19 pandemic, vaccines are still considered as one of the most effective and important strategic weapons to protect the health and lives of people and communities. In reality, over the past time, vaccines have proven to be effective in disease prevention in the country in particular and in … [Read more...] about Experts advise people to get booster doses of Covid-19 vaccine

As planned, the Cambodian mission will visit and exchange experience with Vietnam’s Division 2 from June 29 to July 1. During the visit, Cambodian young officers will tour Division 2’s club of officers, farming areas, accommodation, and fruit garden. They will also have culture and sport exchanges with troops of Division 2. According to head of the Cambodian mission, the working visit to Military Region 5’s Division 2 of the Cambodian officers continues affirming the close solidarity between the two units. It will also contribute to consolidating and strengthening the fine traditional friendship, cooperation and mutual assistance between the two units, two militaries as well as two peoples of Vietnam and Cambodia. Translated by Tran Hoai … [Read more...] about Cambodia’s young officers visit Vietnam’s Division 2

During the test, participating troops used the brigade’s allotted weapons to shoot down floating targets in both day and night time. Under the command of commanding officers, participating troops confidently shot down targets in the first round while ensuring absolute safety of personnel, weapons and equipment. The test was held to evaluate Brigade 955’s quality of training troops, the coordination among participating forces, and abilities of commanding officers at all levels. The event was also an opportunity for the unit to check the condition of weapons and equipment and troops’ skills. The test’s results will help the brigade perfect its combat and training plans, contributing to raising its training quality in the coming time. Below are photos of the test. Translated by Tran Hoai … [Read more...] about Brigade 955 tests its troops’ shooting ability

Approximately 100 tonnes of Vietnam’s ST25 rice has hit the shelves of Japanese supermarket chain in order to serve both Japanese consumers and Vietnamese nationals residing and studying in the Far East country. Vietnamese Ambassador to Japan Vu Hong Nam (left) and President of Tokyo Financial Group at the event to promote Vietnam's ST25 rice The presence of ST25 rice in the Japanese market is part of trade promotion activities aimed at boosting the export of high-quality Vietnamese rice to demanding markets throughout the world. Vietnamese Ambassador to Japan Vu Hong Nam pointed out that, despite the nation being the world’s largest rice producer, Vietnamese rice exporters are required to meet the 600 stringent technical standards to penetrate the Japanese market. The Vietnamese diplomat assessed that the introduction of Vietnamese rice in the fasdious market has been a great success for both local manufacturers and businesses. Watanabe Hisanobu, … [Read more...] about High-quality Vietnamese rice ST25 goes on sale in Japanese market