Powergrid turnover 2017 18

The cost of tutoring high school students is the largest amount for family spending at 43%. Vietnam's investment in education has steadily increased over the past 10 years, accounting for 18% of total state expenditure. Le Anh Vinh, Director of the Vietnam National Institute of Educational Sciences speaks at the event. Photo: VNIES The information was revealed by Le Anh Vinh, Director of the Vietnam National Institute of Educational Sciences (VNIES) under the Ministry of Education and Training at the conference announcing the analysis report on Vietnam's education sector in the 2011 - 2020 period, which was organized by the Vietnam National Institute of Educational Sciences and UNESCO on August 8. Investment in education over the past 10 years was still lower than the targeted 20%. It was equivalent to 4.9% of the country's GDP, higher than many nations in the region, according to the report. The Ministry of Education and Training is facing many challenges … [Read more...] about Vietnam’s investment in education accounts 18% of total state expenditure

Representative from PetroVietnam Camau Fertilizer JSC receives insignia as one of top 50 listed firms in Vietnam in 2022. Hanoi (VNA) – Four member companies of the Vietnam Oil and Gas Group (PetroVietnam) have been named in the list of the top 50 listed firms in Vietnam in 2022 compiled by Forbes Vietnam . They are Petrovietnam Gas Corporation (PV Gas), PetroVietnam General Service Joint Stock Corporation (Petrosetco), PetroVietnam Fertilizer and Chemicals Joint Stock Corporation (PVFCCo), and PetroVietnam  Camau Fertilizer JSC. PV Gas is at the ninth place in the list this year. This is the 10th consecutive year that the company has been honoured in the list. The company posted record revenue and profit in the first six months this year, with net turnover at 54.342 trillion VND (2.32 billion USD at current exchange rate), up 35% year on year and after-tax profit at 8.637 trillion VND, up 98% year on year. In the period, PV Gas produced and supplied more than 1 billion … [Read more...] about Four subsidiaries of PetroVietnam named in Forbes Vietnam’s list of top 50 listed firms

Digitalization is seen as a major instrument for Vietnam to promote an independent and self-reliant economy. Businesses and people should be the main beneficiaries and the driving force for the national digital transformation, so the Government encourages them to take an active part in this process. Prime Minister Pham Minh Chinh at the meeting. Source: VGP Prime Minister Pham Minh Chinh stressed the goal during a meeting of the National Committee on Digitalization today [August 8]. According to Chinh, efforts from Government agencies and localities have been translated into strong progress in Vietnam’s digitalization and contributed to the socio-economic recovery. The prime minister, however, pointed to the incompleted legal environment as the reason hampering the digitalization process, while a lack of investment in digital infrastructure, including the mobile and fixed broadband internet speeds behind the world average, means it has failed to create … [Read more...] about People and businesses urged to take part in the digitalization: PM

Sea dyke erosion always happens in An Minh District in Kien Giang Province. (Photo: SGGP) Mr. Le Quoc Anh, Vice Chairman of Kien Giang Provincial People's Committee, on August 8, said that he had signed and promulgated a project to prevent coastal and riverine erosion in the area from now to 2025 and orientation to 2030. Accordingly, the prevention of coastal and riverbank erosion should be carried out synchronously for both immediate treatment and long-term radical solutions associated with ecological environment protection, coastal mangrove forest protection and development, and creating livelihoods for local people. Kien Giang is a province with more than 200 kilometers of coastline, running through many districts and cities, such as Kien Luong, Hon Dat, An Bien, An Minh, and Rach Gia City. The coastal protection forest belt is extremely crucial as it is a green shield against natural disasters, protecting sea dykes from erosion and landslides caused by waves. In the plan of … [Read more...] about Kien Giang Province invests more than VND17 trillion to prevent erosion

It has also become the fifth largest economic community in the world, a reliable and important partner of countries, and played a central role in dialogues, important cooperation and connectivity in the region. In an article in celebration of ASEAN’s 55th birth anniversary (August 8, 1967 - 2022), Vietnamese Foreign Minister Bui Thanh Son recalled that the birth of ASEAN on August 8, 1967 was the start of the process of an intensive connectivity for peace, stability, and development in Southeast Asia and the region. Building an ASEAN Community with common vision and identities The grouping gathered countries divided by war. Its inception reflected the common aspirations of many countries in the region for peace, stability, friendship, and win-win cooperation. According to FM Son, Vietnam’s admission to ASEAN in 1995 paved the way for the building of an ASEAN common house connecting 10 Southeast Asian countries. In 1997, ASEAN, for the first time, approved the ASEAN Vision … [Read more...] about 55 years of ASEAN – One vision, One identity, One community

The HCMC office worker first heard of the NFT-based game last summer, and, after a few weeks of research, decided to invest US$1,000 into three non-fungible tokens linked to in-game characters called "axies." Axies and "smooth love potion" (SLP), the game’s reward for winning battles using axies, are its two selling points since they can be exchanged into money. Axies can also be "bred" with SLP and another token called AXS to produce new NFTs. Price of Axies, SLP and AXS suddenly surged last year, tracking the boom in the popularity of the game as players from developing countries found it a prominent source of income amid the Covid-19 pandemic. Kha then quit his job and invested all his savings in the game, but prices have fallen since the end of 2021 without any signs of recovery. In March its Ronin network was hacked, and some $625 million worth of Ethereum and USDC cryptocurrencies was stolen. An AXS token now is worth $18, a 10th of its peak price last year. Kha … [Read more...] about As profits disappear from NFT game Axie Infinity, so too do players

For over a month now, relevant personnel at the Ministry of Transport is busy with the final preparations to soon hand over Khanh Hoa-Buon Ma Thuot Expressway to the people’s committees of Khanh Hoa and Dak Lak provinces. In light of Decision No.17/QD-TTg dated July 28, two out of three components under Khanh Hoa-Buon Ma Thuot Expressway will be assigned to two localities having the road passage for management. The 32km-long first component with an estimated investment value of $244.8 million will be assigned to Khanh Hoa's People’s Committee while the 48km-long third component valued at around $282 million will be assigned to Dak Lak's People’s Committee. The 37.5km second component with a value reaching $426.8 million will be managed by the Ministry of Transport (MoT) as the road section lies in both localities and features complex terrain. Building a comprehensive highway network is one of the government priorities With more than 117.8km of total length, … [Read more...] about Huge transport investment expected to vitalise central regions

The Vietnamese Ministry of Health on Monday reported an additional 1,705 Covid-19 infections, raising the country's total tally to over 11 million. Illustrative photo According to the ministry's report, the number of Covid-19 patients in Vietnam has increased to 11,349,223. On August 8, an additional 9,223 more patients recovered from the disease, raising the number of recoveries in the country to over 9.98 million. On Monday evening, no deaths from Covid-19 were recorded. The country's total fatalities stood at 43,094, accounting for 0.4 per cent of total infections. By August 8, the country had injected more than 248 million doses of Covid-19 vaccines. Vietnam is targeting the completion of Covid-19 inoculation for children aged between 5 - 11 in August, as well as the administration of the third shot for those aged 12 - 17, as well as the third and fourth doses to people aged 18 and above as soon as possible. … [Read more...] about Additional 1,705 new Covid-19 infections reported on Monday

Ly Son Island, a popular destination of Quang Ngai. Illustration. (Photo: tuoitre.vn) Quang Ngai (VNA) – Revenue from travel among Hanoi , Ho Chi Minh City and the five Central Key Economic Zone city and provinces exceeded 63.07 trillion VND (over 2.69 billion USD), heard at a conference on August 8. The conference was held in the district of Tu Nghia, the south-central province of Quang Ngai, to review the two-year cooperation for tourism development among the two metropolises and the central localities of Thua Thien-Hue, Da Nang, Quang Nam, Quang Ngai, and Binh Dinh. The review was expected to lay ground for the continued implementation of initiatives to boost intra-bloc partnership in tourism development post-pandemic. Reports showed that intra-bloc tourist arrivals totalled more than 17,68 million last year, given that the sector was badly hit by COVID-19. Vice Chairman of the Quang Ngai provincial People’s Committee Tran Hoang Tuan addresses the … [Read more...] about Hanoi, HCM City boost tourism linkages with Central Key Economic Zone

The four students are Nguyen Viet Phong, a 12th grader from Le Hong Phong High School for the Gifted in Ho Chi Minh City; Tran Duc Minh, a 12th grader from Bien Hoa High School for the Gifted in Ha Nam province; Phan Xuan Hanh, a 12th grader from Ha Tinh High School for the Gifted; and Pham Nguyen Minh Tuan, a 11th grader from the High School for the Gifted of Natural Sciences under the University of Natural Sciences, Vietnam National University, Hanoi. This is the second time that all Vietnamese members have won the gold medal at the competition, after the first one in 2020. IChO 2022 was hosted by China from July 8 to 18 with the participation of 326 contestants from 84 countries and territories. The Vietnamese students competed online at the Hanoi National University of Education. Also according to the Ministry of Education and Training, four Vietnamese students participating in the International Biology Olympiad 2022 (IBO 2022) clinched one silver and three bronze medals. IBO … [Read more...] about All four Vietnamese students win gold at IChO 2022