Oil import

Hanoi city has applied innovations which help improve productivity and products’ quality as well as assist businesses in developing intellectual property assets. Science and technology activities of Hanoi have made important contributions to the city’s politics-security as well as socio-economic and cultural development. Workers at Hanwha Aero Engines factory in Hanoi, the first large-scale aircraft engine parts and components manufacturing facility in Vietnam. Photo hanoimoi.com.vn In the 2015-20 term, the department has implemented socio-economic growth programmes and plans along with the Central Party Committee’s resolution on science and technology development. It has created an open, favourable, transparent and effective legal environment for science and technology development, he said. According to director Son, since 2015, the city has completed 346 science and technology projects, more than 85 percent of which have been applied in practice, … [Read more...] about Hanoi makes impression in science and technology

Hanoi is known to have more rivers, lakes, ponds, and lagoons than any other city in Vietnam, acting as natural air conditioners to maintain a balanced ecology or being the city's green lung. The Hanoi People's Committee has recently approved a comprehensive list of 3,164 lakes, ponds and lagoons that are now off-limits to reclamation activities, demonstrating the authorities' unwavering commitment to preserving the capital's greenery and environmental sanctity. Cau Giay Lake in Dich Vong Ward, Cau Giay District. Photo: Pham Hung/The Hanoi Times There are 30 districts and towns on the list. Among them, the inner-city district of Hoan Kiem has the lowest number of protected lakes, with only one, while Quoc Oai District has the highest number of protected water bodies, with an impressive 276 lakes, ponds, and lagoons. Other areas with notable numbers include Cau Giay (29), Dong Da (15), Hoang Mai (40), Long Bien (53), and Son Tay Town (199). Drastic actions … [Read more...] about Hanoi determined to preserve its “green lung”

The exhibition of Yakishime-style ceramics aims to help Hanoi residents and visitors understand the diversity of Japanese culture and appreciate Japanese creativity. The ceramics exhibition titled "Yakishime - Earth Metamorphosis" will be held from April 4 to 20 at the Vietnam National Fine Arts Museum, Hanoi, according to the Japan Foundation Center for Cultural Exchange in Vietnam. The poster of the “Yakishime - Earth Metamorphosis” provided by the Japan Foundation in Vietnam "Yakishime - Earth Metamorphosis" focuses on the ceramic technique of yakishime, the firing of unglazed wares at high temperatures. While one of the most basic means of producing ceramics, yakishime has developed in distinctive directions in Japan. This exhibition introduces an aspect of Japanese culture by examining yakishime from the earliest examples to contemporary works. The earliest known examples of yakishime ware date back to the fourth or fifth century. However, it was not … [Read more...] about Exhibition of traditional Japanese pottery to be opened in Hanoi

The CEO and Regional Head, Client Coverage, Americas, Standard Chartered, shared his view on Vietnam's significance for US businesses and why Vietnam is potential for foreign investors. Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective industrial nation. Firms and investors looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated on its opportunities. Steven Cranwell, CEO and Regional Head, Client Coverage, Americas, Standard Chartered. Photo: Standard Chartered In recent years, Vietnam has benefited from the trade tensions between the US and China. With US companies adopting a ‘China plus one’ approach to their supply chains, the percentage of exports from Vietnam to the US has risen by approximately nine percent between 2018 and 2021. It is, however, important to note that Vietnam has been an alternative to China … [Read more...] about The significance of Vietnam for US businesses and why they should take notice: Standard Chartered

To prevent similar genocides, the world must eliminate hatred and preserve friendship and love. The world must prevent the recurrence of "another Holocaust," the German and Israeli ambassadors said at a Holocaust remembrance ceremony in Hanoi on March 29. Musicians perform at the Holocaust remembrance ceremony in Hanoi on March 29. Photo: Phuong Anh/The Hanoi Times The commemoration is aimed at ensuring that the Holocaust is not forgotten as it is part of the history of the German and Jewish people, said Guido Hildner, Ambassador of the Federal Republic of Germany to Vietnam. The German Ambassador said the world could not allow similar events to happen in the future and called on all governments and people to remain vigilant, pray, and never forget the Holocaust. Ambassador of Israel to Vietnam Yaron Mayer said that because of the Holocaust, many Israeli people did not have the chance to meet their grandparents. He warned that another Holocaust could … [Read more...] about There cannot be another genocide: Ambassadors

The press conference launching the ninth National External Information Service Awards on March 29 (Photo: VNA) Hanoi (VNA) – The Steering Committee for External Information Service, the Party Central Committee’s Commission for Information and Education , the Vietnam News Agency (VNA), and relevant agencies launched the ninth National External Information Service Awards on March 29. The awards aim to honour outstanding authors, works, and publications in the field of external information service and help popularise the country’s development achievements in various areas. The Vietnam News Agency is the standing body of the ninth National External Information Service Awards. Addressing a press conference in Hanoi, Le Hai Binh , alternate member of the Party Central Committee, Vice Chairman of the Party Central Committee’s Commission for Information and Education, and Standing Vice Chairman of the Steering Committee for External Information Service, said that first … [Read more...] about Ninth National External Information Service Awards launched

Speaking at the event, head of the board Duong Thanh Binh said the people's aspiration work has contributed to strengthening the trust of voters and the public in the Party and State, serving as an important channel for constituents nationwide to convey their aspirations to the National Assembly (N.A.), the Government and judicial agencies, and a bridge to build fine relationships between the N.A. and voters and people. N.A. Standing Vice Chairman Tran Thanh Man underlined the Party and State’s special attention to the people's aspiration work. He asked the board to work closely with the government and its organs, and the Vietnam Fatherland Front to fulfill the assigned tasks and send monthly reports on emerging, complex and prolonged issues to competent agencies. It was assigned to continue improving the quality of its reports; effectively review and monitor the settlement of complaints and denunciations when requested by the National Assembly Standing Committee. The board was … [Read more...] about Ceremony marks 20th anniversary of N.A. Standing Committee’s Board for People’s Aspiration

The talk between Prime Minister Pham Minh Chinh and his guest focused on measures to tap the potential and strengths of both sides and further promote bilateral cooperation, especially between Vietnamese localities and Yunnan province in the near future. Prime Minister Pham Minh Chinh highlighted the need to continue concretizing the common view of Vietnamese Party General Secretary Nguyen Phu Trong and Chinese Party General Secretary and President Xi Jinping on taking the Vietnam - China relations into a new development phase with higher political trust, more practical and effective cooperation and a stronger friendship foundation. He wished that the two countries’ ministries, agencies and localities would maintain regular exchanges, effectively make use of existing cooperation, and actively promote friendly exchanges between mass organizations in border areas to raise mutual understanding and trust. The Prime Minister also wanted to expand mutually-beneficial cooperation … [Read more...] about Prime Minister hosts leader of Yunnan provincial Party Committee

Prime Minister Pham Minh Chinh expressed his belief that the ambassador will contribute to improved bilateral relations, adding that the Vietnamese government will order relevant agencies to coordinate with and assist the diplomat to fulfill his duties. Implementing the foreign policy of independence, self-reliance, diversification, and multilateralization of external relations, and being a good friend, trustworthy partner, and responsible member of the international community, Vietnam wishes to intensify cooperation with Middle Eastern countries, of which Saudi Arabia is a major and influential nation, Prime Minister Pham Minh Chinh noted. Ambassador Mohammed Ismaeil A. Dahlwy highlighted the increasingly enhanced relations between the two countries, saying he hopes bilateral ties will continue to be promoted more strongly. Prime Minister Pham Minh Chinh and the Saudi Arabian Ambassador applauded the progress in cooperation in recent times. Saudi Arabia is now one of its leading … [Read more...] about Prime Minister Pham Minh Chinh receives Saudi Arabian ambassador

As foreign direct investment (FDI) business representatives and analysts gathered at an investment forum Wednesday morning, Deputy CEO of Deloitte Vietnam Phan Duc Hoang said that the new global minimum corporate tax was designed to block multinationals from tax avoidance. Starting next year Vietnam is set to apply a 15% tax on profits from multinationals with total revenues of at least EUR750 million ($819 million) in two of the preceding four years. Hoang said if a South Korea-based company that has a factory in Vietnam is paying taxes for less than 15% of its profits, it will be taxed in South Korea to ensure the 15% level is achieved. If South Korea does not also implement the extra tax on the company, other countries that have approved the new global minimum corporate tax, such as Indonesia and Thailand, will have the rights to impose the tax, he added. For this reason, Do Thien Anh Tuan from the4 Fulbright School of Public Policy and Management, forecast that Vietnam will … [Read more...] about Don’t rely on tax incentives for FDI: analysts