New york auto show resumes with new products ev test track

Vangelis Vitalis - New Zealand’s Deputy Secretary of Foreign Affairs and Trade What was achieved at the eighth meeting of the Vietnam-New Zealand Economic and Trade Committee? Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and I focused on practical things that will benefit our businesses, and also benefit New Zealanders and Vietnamese on both sides, because of the way in which we can support trade flows. We discussed some of the customs procedures on both sides that would make it easier for our companies to export to one another. We also discussed the need to have electronic certification and to set up a process by which we could audit each other’s horticulture sectors, which our two leaders say are essential. For example, when they agreed on the export of Vietnamese limes and pomelo to New Zealand, we were able to send squash and strawberries to Vietnam. Besides that, we agreed to increase work together to find ways to facilitate more of this kind of … [Read more...] about New Zealand and Vietnam offering trade solutions

Earlier, the Prime Minister had signed Decision No.485/QD-TTg regarding the retirement of Lieutenant General Vu Van Kha, the former Acting Commander of the ADAF Service. In Decision No.529/QD-TTg, the Prime Minister appointed Lieutenant General Nguyen Van Hien, Deputy Commander and Chief of Staff of the ADAF Service, as the new Commander of the ADAF Service. Speaking at the conference, General Phan Van Giang affirmed that over his more than 40 years of service in the military, in various positions ranging from fighter pilot to Deputy Secretary of the Party Committee and Commander of the ADAF Service, Lieutenant General Vu Van Kha has made significant contribution to the national construction and defense cause. Alongside the Party Committee and the Command of the ADAF Service, he actively overcame difficulties, showed flexibility and creativity in leadership, direction, and the construction of the revolutionary, regular, elite, and modern ADAF Service to meet the task requirements of … [Read more...] about Duty handover ceremony held for former and new ADAF Commander

Factors potentially triggering the turmoil include monetary tightening, weak economic conditions, mismanagement, loss of confidence, maturity and currency mismatches, as well as instances of outright fraud and criminal activities. Most banks are resilient and avoid such difficulties -- but not all. Consequently, financial authorities must maintain preparedness to intervene whenever necessary, all while avoiding unintended consequences that could potentially sow the seeds of future banking crises. Global banking stress The current banking turmoil is largely due to the cycle of monetary tightening. Since early 2022, central banks have been quick to increase interest rates to bring inflation under control. In the United States, the effective Fed Funds rate increased by 500 basis points in just 14 months, a speed never observed since 1988. The European Central Bank has raised its policy rates by 400 basis points since mid-2022 and indicated that more rate hikes are forthcoming. … [Read more...] about Preparedness crucial in safeguarding banking sector

The clearance of 200-300 coal wagons per day via the La Lay border gate in the central province of Quang Tri is being deemed impractical, affecting Logistics PTS Vietnam’s future aim of importing five million metric tonnes of coal annually. “Transportation and warehouse infrastructure is scarce, and so we can only remove about 100 vehicles per day,” said PTS general director Nguyen Quang Huy. According to him, if Vietnam fails to strengthen infrastructure, improve National Highway 15D, and invest in warehouses, it will miss the chance to compete with Thailand in purchasing coal from Laos. In February, Laos’ energy ministry announced findings of coal field surveys in the provinces of Sekong and Saravane, indicating that reserves may be as high as 500 million MT. Coal still with part to play in energy mix, Source: evn.com.vn Vietnam may experience a power scarcity if the availability of coal becomes constrained. According to Electricity of Vietnam (EVN), the total … [Read more...] about Coal still with part to play in energy mix

River Tales is a four-minute short documentary produced by Coca-Cola about The Ocean Cleanup’s Interceptor technology in the Mekong region, shining a light on how plastic pollution is impacting the Can Tho River and the opportunity to make a tangible difference through technology and community action. The Interceptor Original is the first scalable technology solution to prevent plastic from entering the world’s oceans from rivers, and after years of planning, Interceptor 003 was first launched into the Can Tho River in December 2021 and is operated by the Department of Natural Resources and Environment of Can Tho City. Positioned downstream from the popular Can Tho floating market, the Interceptor has collected an estimated 120 tonnes of waste in its first year of deployment. A scene from the "River Tales" film. Photo by Coca-Cola Beyond financial support, Coca-Cola has contributed to The Ocean Cleanup in Vietnam including driving on-the-ground awareness of the … [Read more...] about Coca-Cola celebrates one year anniversary of Mekong cleanup project

After the three-month training season, the acquired knowledge and skills have motivated the recruits to feel more confident to start a new journey. Enlisted into the military for about a month, Private Tran Thanh Sang from Tay Son district (Binh Dinh province), a soldier of Platoon 3 (Company 5), collapsed when he heard the terrible news that his older sister suddenly passed away. With the close attention and encouragement of the Party Committee, commanders and comrades, Sang gradually went through the pain, trained hard days and nights to accomplish all assigned missions. Completing the training season for new recruits, he achieved excellent results in “three-explosions,” political, logistic and technical tests. He became a shining example for other young soldiers. Private Rmah Giao, a soldier of Platoon 9 (Company 7), is a member of Gia Rai ethnic people in Phu Thien district (Gia Lai province). Although he is quite tall and agile, on his first days in the military, he was … [Read more...] about Growing up in the military

Hotel supply in Vietnam has tripled over the past decade, photo Le Toan According to a report by DKRA Vietnam, the supply of villas and town houses across the country continued to decrease from the end of the second quarter of 2022. Specifically, in April only two projects were opened for sale, providing 12 apartments to the market, down 69 per cent from the previous month and down 98 per cent compared to the same period last year. Particularly, the Central region recorded the fourth consecutive month that no new projects were introduced to the market. “It is expected that in the next few months, supply and demand may increase slightly. However, the market will not have obvious fluctuations with key transactions, except from expected transactions on Phu Quoc island,” according to DKRA’s report. The primary selling price did not alter greatly compared to the previous month. Instead, investors have aggressively launched discounts up to 30-40 per cent to stimulate market … [Read more...] about Second home real estate on the slow path to recovery

Ho Chi Minh City’s economic growth will be more positive this quarter with the gross regional domestic product (GRDP) growth estimated at 5.87 percent, well above the modest 0.7 percent last quarter, chairman of the municipal People’s Committee Phan Van Mai said during a group discussion on Tuesday at the ongoing National Assembly (NA) sitting. With this result, the city may achieve an economic growth rate of 3.55 percent in the first half of the year, chairman Mai cited statistics from the General Statistics Office as saying at a group discussion on a draft resolution on piloting breakthrough policies for Ho Chi Minh City. The city’s industry and construction sector was forecast to improve 4.77 percent this quarter and 0.8 percent in the first half of the year as a whole. The sector fell 3.6 percent last quarter. Meanwhile, the service sector was expected to surge 7.16 and 4.96 percent this quarter and the first half, respectively. “This results from great efforts of the … [Read more...] about Ho Chi Minh City’s economic growth projected at 5.87 percent in Q2