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Thousands of residents in a poor commune in the northern central province of Thanh Hoa are calling for funding for a safer bridge. Suoi Khanh Bridge has deteriorated The remote mountainous commune of Co Lung in Ba Thuoc District home to a Thai ethnic group is located some 130 kilometres from Thanh Hoa City. Due to difficult terrain, travel has always been one of the biggest challenges for local people. Suoi Khanh Bridge lies on one of the most important routes in Co Lung Commune. The bridge that serves over 2,000 residents in four villages has now seriously deteriorated. According to the chairman of the Co Lung Commune People's Committee, Truong Van Thanh, the Suoi Khanh Bridge was built from wood in 1994. The 25-metre wooden bridge has deteriorated over time," the official said. "We’ve had to repair it many times, especially after flooding seasons, which meant hundreds of children could not travel to school while adults could not go to work." … [Read more...] about New bridge offers safe travel for thousands in poor Thanh Hoa commune

The center will be a platform for educational and cultural programming, research support, and academic services. The new US-Vietnam Cooperation Center has officially come into operation after a ribbon-cutting ceremony at the Diplomatic Academy of Vietnam (DAV), 69 Chua Lang Street, Hanoi. Speaking at the opening ceremony on May 25, US Ambassador Marc Evans Knapper said the center joins over 600 other American Spaces around the world, which encourage open dialogue and build bridges of understanding by serving as study centers for students and communal spaces for those interested in American culture and values. Participants at the US-Vietnam Cooperation Center's ribbon-cutting ceremony. Photo: US Embassy to Vietnam This partnership highlights not only the importance of the US-Vietnam relationship but also the close cooperation between the US Embassy in Hanoi and the DAV. It also demonstrates the US’ commitment to supporting the development of a strong, … [Read more...] about New US-Vietnam Cooperation Center inaugurated in Hanoi

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khai said that Vietnam has been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realize commitments made at COP26. The official underlined that ensuring energy security for growth and reducing emissions at the same time is a very complicated problem that requires the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Vietnam hopes that the U.K., the European Union (E.U.) and other member states of the Group of Seven (G7) will soon make specific commitments to supporting Vietnam in this area. For his part, Sharma held that Vietnam has made a proper decision to announce the net-zero emission commitment at the COP26, lauding Vietnam’s efforts to realize the commitments, … [Read more...] about Deputy PM busy with meetings on threshold of WEF meeting

Hanoi (VNA) – The following is a brief review of the day’s events as reported by the Vietnam News Agency on May 24. - Deputy Prime Minister Le Minh Khai on May 23 led a Vietnamese delegation to attend the 52nd World Economic Forum (WEF) annual meeting. He proposed the establishment of a food innovation hub for Southeast Asia in Vietnam when addressing the “Averting a Global Food Crisis” session, a panel discussion with World Food Programme Executive Director David Beasley, UAE Climate and Environment Minister Mariam Mohammed Saeed Al Mheiri, Tanzania’s Vice President Philip Isdor Mpango, and CEO of the Swiss agriculture company Syngenta, J Erik Fyrwald. Read full story - The Ministry of Foreign Affairs and the US Embassy on May 24 co-organised a ceremony to inaugurate the US-Vietnam Cooperation Centre at the Diplomatic Academy of Vietnam (DAV)’s campus in Hanoi. The new centre is an outcome of the partnership between the embassy’s Public Affairs Section and the DAV which … [Read more...] about ☕ Afternoon briefing on May 24

The SEA Games 31 closing ceremony in Hanoi on May 23 evening (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh announced the official closing of the 31st Southeast Asian Games (SEA Games 31) on May 23, describing the event as a demonstration of regional solidarity, peace, friendship, cooperation, and development. Addressing the closing ceremony, he said it was Vietnam’s honour to welcome distinguished guests and more than 10,000 athletes, coaches, and referees to SEA Games 31 - the region’s biggest sporting event. The PM noted the COVID-19 pandemic forced the Games to be delayed from November 2021 to May 2022, but it has made the countries become even closer together, more united, and determined to weather all difficulties and challenges to successfully organise SEA Games 31. The countries gathered at the Games to help affirm ASEAN’s vision and mission of solidarity, peace, friendship, cooperation, and development, according to the Vietnamese leader. … [Read more...] about SEA Games 31 – a demonstration of solidarity, friendship: PM

This is recognised as a significant step forward in the sustainable development and expansion of MM Vietnam in distribution network system for the 5-year period from 2020 to 2025 to better serve its professional customers especially HoReCa channel. The delegates cut the ribbon in the opening ceremony of new MM’s Depot in Sapa Located on the main crossroad about two kilometers from the town center, Sapa Depot spreads over a land area of 480 square meters, in which the total area of the warehouse is 394 square meters. Its target customers comprise business or professional customers who have been providing their products and services in the hospitality industry in Sapa. As an important part of MM Mega Market Vietnam’s supply chain and sourcing management, Sapa Depot aims to provide a wide range of leading-edge products to better support its customers’ evolving demands in a timely manner, while enabling it to offer further solutions within 38 kilometers from Lao Cai City … [Read more...] about MM Mega Market Vietnam expands its footprint in the North with opening Sapa Depot

Quang Ninh agricultural products are on sale at website dongtrieumart.vn (Photo: baoquangninh.com.vn) Quang Ninh (VNA) – The northern province of Quang Ninh is taking steps to boost high-tech agriculture to cut production costs, increase volumes, and cultivate high-quality farm produce. To realise this goal, farmers are focusing on speeding up the digital transformation, considering it a strategic solution to enhancing the production, quality and competitiveness of agricultural products in domestic and international markets. Dam Ha trade and construction company in Dam Ha district has invested more than 15 billion VND (647,250 USD) to building hydroponic greenhouse vegetable and melon farms, betting on high-tech hydro-growing operations to promote clean agriculture, cut workloads, and standardise quality. Director Nguyen Huu Nhuong said that thanks the newly installed hydroponic systems, the company has enjoyed a production bump of nearly 100 tonnes of melon per year … [Read more...] about Quang Ninh farms turn to tech to grow agriculture sector

Businesses across Ho Chi Minh City have increased prices of essentials due to higher production costs despite consumer purchasing power having decreased by up to 25 percent, a survey of Tuoi Tre (Youth) newspaper has shown. Enterprises in Vietnam have issued warnings that food prices will continue to rise unless solutions are found to restrain surging food input costs, including raw materials, gasoline, and animal feed. As a case in point, cooking oil is now being sold 15-20 percent more expensive at supermarkets in Ho Chi Minh City than at the beginning of the year, and 70-90 percent higher than the price of 2020. Notably, Tuong An cooking oil now sells for VND60,000-160,000 (US$2.6-$6.9) per liter, depending on the type, while a set of 10 chicken or duck eggs is offered at VND33,000-VND38,000 ($1.4-$1.64) at traditional markets. The rates are about 20 percent higher than earlier this year, and nearly double those of last year, mostly owing to higher production costs and … [Read more...] about Purchasing power drops, food prices rise in Ho Chi Minh City

Though the benchmark VN-Index has lost nearly 19 percent this year, the bank said it was confident about the long-term prospects of the market as companies have been "on a roll" in terms of growth and profits in recent years. The average earnings per share of listed companies had grown by 35 percent last year, and while trading had dipped in the last few months, the Vietnamese market had surpassed Singapore and Indonesia to become the second largest in Southeast Asia behind only Thailand. Local retail investors accounted for around 87 percent of trading. Though foreigners had been mostly withdrawing from the market for nearly three years, they "have started to dip their toes into this market again" in the past few weeks. This was because only seven of the 30 biggest stocks on the main bourse, the Ho Chi Minh Stock Exchange, had reached their foreign ownership limit. Overall the VN-Index had a foreign ownership limit of 44 percent, and current foreign holdings were at less … [Read more...] about HSBC optimistic about Vietnam stock market despite plunge