Developing modern logistics infrastructure and enhancing linkage to lower logistics costs would give a push to export growth. — Photo baochinhphu.vn HÀ NỘI — Lowering logistics costs is key to increasing the competitiveness of Việt Nam’s export products and the whole economy. The latest figures of the Việt Nam Logistics Association revealed that logistics costs were equivalent to around 20-22 per cent of the country’s GDP, much higher than Thailand (19 per cent), China (18 per cent), Malaysia (13 per cent) and nearly three times higher than the US and Singapore (8 per cent). The association pointed out that about 4,000 enterprises were providing logistics services in Việt Nam, 97 per cent of which were micro, small and medium-sized enterprises. However, service quality, capital, information technology application, digital transformation and human resources remained limited. Trần Đức Nghĩa from the association said that logistics costs were pushed up by high road … [Read more...] about Lowering logistics costs key to competitiveness
Problem solvers logistics mount pleasant mi
Vietnam flag flies on Mount Everest
PANO – With great effort, three Vietnamese on the morning of May 22 left behind hardship to conquer the world’s highest mountain, Mount Everest, and plant the Vietnamese red flag with the yellow star. The first to reach the peak of Mouth Everest was climber Bui Van Ngoi, at 6am (Nepalese time) or 7.30am (Vietnam time). Climbers Phan Thanh Nhien and Nguyen Mau Linh climbed to the peak at 8.00 am (Nepalese time) or 9.30am (Vietnam time). The fourth climber, Le Ba Cong, failed to conquer Mount Everest due to his health. At 15.00 on the same day, the group safely returned to camp station 4 (height of 8,016m). As planned, the group returned to camp station 2 on May 23, Everest Base Camp, the following day. Tan Son Nhat Airport on June 6 will welcome the Everest climbers. Since May 29, 1953 when Edmund Hillary and Tenzing Norgay became the first Everest conquerors, there have been more than 2,300 people over the world to register their names on the list of the … [Read more...] about Vietnam flag flies on Mount Everest
Vietnam school in hot water for asking students to detail slapping of classmate
A middle school in the north-central province of Quang Binh, where a teacher last month asked classmates of a student to take turns in slapping him a total of 230 times for “swearing” in class, has stirred further public anger by asking those concerned to detail the event in a questionnaire. A sixth grader at Duy Ninh Middle School in Quang Binh was hospitalized in late November after he was repeatedly slapped on the face by his classmates as a punishment from his teacher for allegedly using foul language in the classroom. The math teacher, Nguyen Thi Phuong Thuy, asked the whole class to give the student ten slaps each after he was accused of “swearing” by another classmate. In total, the boy suffered 230 slaps to his face, with the 231st coming from Thuy herself after he responded to the punishment by saying, “I hate you, teacher!” Thuy has been suspended from work pending her final punishment, while Quang Binh police officers have launched legal proceedings against the case … [Read more...] about Vietnam school in hot water for asking students to detail slapping of classmate
Vietnamese premier discusses innovation, startup cooperation with US businesses
Vietnamese Prime Minister Pham Minh Chinh attended a forum on innovation and startups with leading U.S. firms in San Francisco, California on Tuesday morning (local time) within the framework of his working visit. During the event, which was organized by the Asia Society Northern California, PM Chinh stated that Vietnam identifies science and technology, innovation, and entrepreneurship as important driving forces for development in the new era. Startup collaboration between Vietnamese and U.S. partners should focus on climate change response, digital transformation, technology transformation, and supply chain diversification, he continued. Attention should also be paid to the innovation and startup movement among young people. The premier went on to discuss with leaders of major U.S. businesses about opportunities for cooperation in innovation, science, and technology. The Vietnamese government is improving mechanisms and policies to welcome new startups, he stated, adding … [Read more...] about Vietnamese premier discusses innovation, startup cooperation with US businesses
Viet Nam to work with the US to develop start-ups on climate change, digital transformation
Prime Minister Pham Minh Chinh speaks at an event on innovation held by Asia Society on May 17 (US time). — Photos baochinhphu.vn Viet Nam expects to have start-up collaboration with the US on issues of global concern like climate change, digital technology and supply chain diversification. Prime Minister Pham Minh Chinh was speaking at a forum on innovation and start-ups held by the Asia Society on May 17 (US time) in the US. He affirmed that Viet Nam identifies science and technology, innovation and entrepreneurship as important driving forces for development in the new period. All three strategic breakthroughs that Viet Nam identified namely institutions, infrastructure and human resources are related to these forces, he added. The Prime Minister expressed his wish that US partners will continue promoting cooperation activities, especially in innovative start-ups. Start-up collaboration should focus on issues of global concern that the two countries are promoting … [Read more...] about Viet Nam to work with the US to develop start-ups on climate change, digital transformation
PM urged U.S. businesses to invest in tourism and trade in Vietnam
The conference, held by the national carrier Vietnam Airlines and two travel groups – Saigon Tourists and Thien Minh Group – to boost the cooperation between enterprises of the two countries and to introduce Vietnam to U.S. friends and partners. Addressing the event, PM Chinh highlighted the development of the Vietnam - U.S. ties, benefiting both countries and contributing to peace, cooperation and development in the world. The Government leader affirmed that economic, investment, trade and science-education cooperation is an important pillar in the bilateral relationship. In the very challenging year of 2021 due to the COVID-19 pandemic, two-way trade still reached 112 billion USD, accounting for nearly one-third of the total U.S. - ASEAN trade turnover. The U.S. is Vietnam’s second largest trade partner while Vietnam is the U.S.’ 9th largest, he noted, adding that trade between the two countries has contributed to making Vietnam one of the 20 largest import-export countries … [Read more...] about PM urged U.S. businesses to invest in tourism and trade in Vietnam
Ho Chi Minh seeks to promote cooperation with Greece
Chairman of the Ho Chi Minh City People's Committee Pham Van Mai receives Greek President Katerina Sakellaropoulou Mai said that the city hopes to receive the exchange of experience, technology transfer and cooperation from Greece in the fields of maritime and logistics, which are its strengths. It is ready to enhance collaboration in tourism development with Greece, as both sides boast potential and see great room for cooperation, he said. As a socio-economic and cultural hub of the country, the city is willing to act as a bridge to bring cooperation between the two countries to a higher level, Mai said, adding that it welcomes delegations of the Greek government, ministries, agencies, localities as well as Greek businesses to exchange and seek opportunities for collaboration. Greek President Katerina Sakellaropoulou said it is necessary for Vietnam and Greece to further strengthen cooperation in the future, especially in areas where Greece has advantages such as education, … [Read more...] about Ho Chi Minh seeks to promote cooperation with Greece
Blockchain industry yearns for new talent
Blockchain-based projects in all kinds of sectors promise enticing income opportunities, Photo: FOTA Vietnam is emerging as one of the blockchain hubs in Southeast Asia and across the globe as the number of startups in this field increases significantly. At the Binance Blockchain Week in Dubai last month, two non-fungible token (NFT) games developed by Vietnamese enterprises were in the top 10 GameFi projects with the highest revenue in the Binance ecosystem. Often bringing in billions of dollars in profits, blockchain is becoming a fertile land that attracts investors and developers, and also those who have the need to find new job opportunities. A report from LinkedIn confirmed that the hiring demand for blockchain programmers will continue to explode in 2022. Positions such as blockchain engineer and blockchain programmer alone account for 15.6 per cent of all LinkedIn job openings, proving the undeniable attractiveness of the blockchain industry in the market. The data … [Read more...] about Blockchain industry yearns for new talent
Thailand, Việt Nam dominate athletics on May 18
Runners competing in the men's 100m event on May 18. Puripol Boonson of Thailand took top place. VNA/VNS Photo Huy Hùng Thanh Hà Thailand and Việt Nam earned the same three gold medals on the next-to-last day of athletics while the Philippines added one on May 18. Puripol Boonson completed his hat-trick after winning the men's 100m event with a time of 10.44sec. He earlier took golds in the 200m and 4x100m relay, setting a Games record for the 200m in the process. Another Thai, Soraoat Dapbang, finished second with 10.56, followed by Singaporean Marc Brian Louis with 10.56. Their team came first in the men's 4x400m event, kicking reigning champion Việt Nam off the top of the podium. Joshua Atkinson, a naturalised runner, added the fourth gold to his collection at his first SEA Games. Singapore finished third. The last gold of the powerhouse was in the men's high jump as Kobsit Sittichai made a 2.21m to top the podium. Malaysian duo Nauraj Singh … [Read more...] about Thailand, Việt Nam dominate athletics on May 18
Việt Nam has huge potential for saving energy: experts
Việt Nam’s commitments to the net-zero emission target have seen the country shifting from fossil fuels to electricity. — VNA/VNS Photo Công Thử HÀ NỘI — For a developing society and economy like Việt Nam’s, energy is the engine behind growth, especially in post-pandemic recovery. While it is important to save energy, what matters is smart consumption – correct, sufficient, and intelligent use of energy. The statement was made by Nguyễn Anh Tuấn, senior expert on energy from the Việt Nam Energy magazine at a seminar on Wednesday. Focusing on the economical use of energy, the event gathered experts in the field to discuss energy transition, renewable energy, and the solutions to ensure electricity supply during the summer months in Việt Nam. Elaborating on Tuấn’s point of view, director of the Centre for Energy and Green Growth Research (CEGR) Hà Đăng Sơn said: “Saving and using energy efficiently is the only way to go to achieve COP26 commitments and energy transformation. … [Read more...] about Việt Nam has huge potential for saving energy: experts