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Chairman of FPT IS company Trần Đăng Hòa debuts the introduction of the first R&D in Đà Nẵng. The company has developed a series of technological solutions to support Đà Nẵng in the digital transformation process. — Photo courtesy of Phạm Vân Anh The FPT Information System company (FPT IS), a member of the FPT Group, has debuted its Research and Development (R&D) centre at Massada Industrial Park, underscoring a commitment to innovation, digital transformation, and technological solutions in the city and the global market. The introduction of the R&D and representative office will help forge a link in co-operation between domestic and international businesses in clean and renewable energy, carbon index accreditation, positioning Đà Nẵng as an international centre for innovation and advanced technological solutions providers. Chairman of FPT IS Trần Đăng Hòa said the company has developed 60 key technological solutions, including semiconductor chips, an automation … [Read more...] about FPT IS debuts R&D centre in Đà Nẵng

The 15th Vietnam International Woodworking Industry Fair attracts 320 exhibitors from 28 countries and territories. — VNS Photo Thu Hằng The 15th Vietnam International Woodworking Industry Fair opened at the Saigon Exhibition and Convention Centre in HCM City on September 20. It has attracted 320 exhibitors from 28 countries and territories who are showcasing their latest woodworking product lines and engaging in various curated events and activities. Exhibitors showcase comprehensive automatic production lines and wood system integration with the focus on digital transformation. It has eight foreign pavilions from Austria, Canada, France, Germany, Italy, Russia, the US and Taiwan. Speaking at the opening ceremony, Phùng Quốc Mẫn, vice chairman of the HCM City Handicrafts and Wood Industry Association, said Việt Nam is the world’s fifth largest exporter of wooden products and has substantial demand for woodworking machinery and components. Imports of such machinery have … [Read more...] about VietnamWood exhibition opens in HCM City

French tourist Laurine, who visited HCMC for the first time earlier this month, said before her trip to Vietnam her friends told her she should haggle at half the initial price when buying items in HCMC. When Laurine visited Ben Thanh in downtown area, she was impressed by the beauty of the century-old market with French colonial architecture. She dropped by souvenir stalls inside the market and asked to buy conical hats and small embroidered paintings, but vendors charged her over VND200,000 (US$8.22) for each item. She then negotiated with the vendors and bargained for 50-70% of the initial price. When the vendors refused, she pretended to walk away and they then chased after her, agreeing to sell each item for VND40,000-80,000. "Rip-offs have become a common issue at traditional markets in many Asian countries, not just Vietnam. Therefore, I was not shocked when I was overcharged, but I just didn't know what the real value of the item was, nor what I deserved for the amount … [Read more...] about Tourists wary of rip-offs in HCMC

Visitors view clothes made from recycled fabrics at the Vietnam Texfuture 2023 Fall Winter being held at the Thisky Hall convention centre in Thu Duc city from September 20 to 23. (Photo: VNA) HCM City (VNS/VNA) - Vietnam Texfuture 2023 Fall Winter, an international innovative fabric exhibition , opened in Ho Chi Minh City on September 20. It has the theme "Going recycling - Going circular,” and has attracted more than 15 brands and 200 Vietnamese and foreign exhibitors who are showcasing recycled, functional, natural, and synthetic fabrics, innovative technologies and solutions, textile accessories, eco-friendly fashion, and digital transformation solutions. The event also includes business matching activities, forums where industry experts will speak about new ideas to drive a more sustainable textile industry, and tours to leading garment and textile factories. Speaking at the opening ceremony, Tran Ngoc Liem, Director of the Vietnam Chamber of Commerce and … [Read more...] about Exhibition on innovative fabrics opens in HCM City

The signing by Minister of Foreign Affairs Bui Thanh Son made Vietnam one of the first countries to sign the international-legally binding instrument under the 1982 United Nations Convention on the Law of the Sea (UNCLOS). It conveyed the message that Vietnam is a positive and responsible member of the international community as well as the country's efforts to join hands with countries to deal with global issues, contributing to peace, prosperity and sustainable development. More than 60 countries are scheduled to sign the agreement during the underway high-level week of the 78th UN General Assembly. The ratification and signing of the deal is a historical milestone in the international community's efforts in environmental protection during the implementation of the 2030 Agenda, especially the goal No.14 on preservation and sustainable use of oceans and maritime resources. This is the third agreement negotiated and signed within the framework of the 1982 UNCLOS, reaffirming the … [Read more...] about Vietnam becomes one of first nations to sign High Sea Treaty

The trade fair is taking place at the Saigon Exhibition and Convention Centre (SECC), from September 20 to 23, and will feature exhibitors from various supply chain sectors offering a wide array of top-quality products, services, and solutions. According to Phung Quoc Man, deputy chairman of the Handicraft and Wood Industry Association of Ho Chi Minh City (HAWA), "Vietnam's wood exports have shown signs of recovery since the beginning of the third quarter this year. The turnover of wood exports reached over $1.1 billion in August after a long period of decline." "So, VietnamWood 2023 is taking place just at the right time, the wood industry is showing signs of recovery and preparing to enter a new cycle after a long, challenging period. We expect to host 320 exhibitors from 28 regions and countries as they present the latest woodworking product lines and engage in various curated events and activities," Man added. Vietnam is the world's fifth-largest exporter of wood and timber … [Read more...] about VietnamWood to help revive woodworking industry

Vietnam has maintained a consistent upward trajectory since 2015, reflecting the government's efforts to restructure the economy toward full market-oriented development and international integration. Vietnam has climbed four places to secure the 106th position out of 165 countries and territories in the Economic Freedom of the World index, according to the Canada-based Fraser Institute. Manufacturing of mechanical products at Tam Hop Company in Soc Son District, Hanoi. Photo: Viet Linh/The Hanoi Times The Economic Freedom of the World index evaluates the extent to which policies and institutions support economic freedom. It is published annually by the Fraser Institute in collaboration with the Economic Freedom Network, a coalition of independent research and educational institutions covering nearly 100 countries and territories. Singapore currently leads the world in economic freedom, followed by Hong Kong (China), Switzerland, New Zealand, the US, and … [Read more...] about Vietnam moves up 4 places in Economic Freedom of World index

Here is everything you need to know about the multisports extravaganza - bigger than the Olympic Games in terms of number of participants: Location Hangzhou, a modern city of about 12 million people, lies 160 kilometers (100 miles) southwest of Shanghai, in Zhejiang province. It sits on the Qiantang River and is the southern terminus of the Grand Canal, the longest canal in the world, which runs 1,800 kilometres from Beijing and is regarded as the second ancient wonder of China after the Great Wall. Hangzhou is one of China's ancient capitals, known in the past as both Hangchew and Hangchow before settling for the current name in the year 589. Sports 40 sports, including 31 of the 32 Olympic sports that will be staged at the Paris 2024 Games with surfing the one missing from Hangzhou. The nine non-Olympic sports in Hangzhou includes eSports, which will be an Asian Games medal event for the first time after being a demonstration sport in 2018. There are also some … [Read more...] about At-a-glance guide to Hangzhou Asian Games

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

PM Pham Minh Chinh speaks at the Climate Ambition Summit in New York on September 20. (Photo: VNA) New York (VNA) – Prime Minister Pham Minh Chinh joined other world leaders in the Climate Ambition Summit and the UN High-Level Meeting on Pandemic Prevention, Preparedness and Response in New York on September 20 (local time), part of the high-level week of the 78th UN General Assembly . Addressing the Climate Ambition Summit, PM Chinh stressed that climate change remains the biggest global challenge directly impacting and taking a heavy toll on economic development, social security, and people’s life safety and health. A global and universal approach with breakthrough, general, comprehensive, and innovative solutions is required for coping with climate change, he opined, calling for faster, stronger, and more responsible actions to minimise the global temperature rise. He proposed a new vision, a new mindset, new determination, and drastic actions be made to secure … [Read more...] about PM attends UN climate ambition summit, pandemic preparedness meeting