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An overview of a discussion during the NA's fifth session. (Photo: VNA) Hanoi (VNA) – Legislators are scheduled to discuss in groups the draft Land Law (revised) at the National Assembly 's ongoing fifth session in Hanoi on June 9. The bill, which was made public to receive opinions from the people from January 3 to March 15, aims to complete the land-related institutions and policies to match the socialist-oriented market economy institutions, while dealing with the overlapping and differences in policies and legal regulations in the field. It is expected to create a legal corridor for the efficient and sustainable management and use of land resources, ensuring defence-security, protecting the environment, adapting to climate changes and making a new motivation for the country to become a developed country with high income. The bill is also hoped to settle problems in land management and use, ensure harmonised interests of the State, land users and investors, promote the … [Read more...] about Lawmakers to discuss draft revised Land Law

In 2022, industry revenue exceeded US$25 billion, an increase of 5.7% year-over-year. The 11th Hanoi International Plastics, Rubber, Printing and Packaging Industry Exhibition (HanoiPlasPrintPack), considered a platform to promote the development of the local plastics industry, is underway at the Hanoi International Exhibition Center (ICE) from June 8 to 11. Overview of the event. Photo: VGP The annual Hanoi PlasPrintPack Fair, jointly organized by the Ministry of Industry and Trade and Yorkers Exhibition Service Vietnam, has returned after a long hiatus due to the Covid-19 pandemic. Building on the success of Vietnamplas, held annually in Ho Chi Minh City and is the largest plastics industry exhibition in Vietnam, this event has attracted numerous domestic and international companies. With over 340 booths representing 220 companies from countries such as Belgium, China, Hong Kong (China), India, Indonesia, Japan, Malaysia, the Philippines, Taiwan … [Read more...] about HanoiPlasPrintPack Exhibition launched to boost local plastic industry development

The move boosts innovative ideas and solutions to drive positive changes in plastic reduction, reuse and recycling and to unlock new sources of sustainable financing. A new task force was launched by the Vietnam National Plastic Action Partnership (NPAP) launched to promote innovation and catalyze investment in effective solutions for reducing plastic waste and pollution in Vietnam. In collaboration with the Royal Norwegian Embassy in Hanoi and its Commercial Section - Innovation Norway, the Task Force held its first meeting to discuss new technologies for Deposit Return Systems (DRS). The NPAP Innovation and Financing Task Force -- co-chaired by the International Cooperation Department of the Ministry of Natural Science and Environment (MONRE) and the Alliance to End Plastic Waste – brings together government agencies and domestic and international enterprises and organizations to boost innovative ideas and solutions to drive positive changes in plastic reduction, reuse and … [Read more...] about New task force promotes innovation, financing for plastic waste reduction in Vietnam

At the ongoing fourth substantive session of the U.N. open-ended working group on conventional ammunition in New York, Minister Counselor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations, also shared the international community’s common concern over the risks and challenges brought about by the illicit trade, transfer, misuse and mismanagement of ammunition. She said the framework should be voluntary and non-binding, take into account the level of development and national law, and place no additional burdens on developing countries. It needs to capitalize on existing mechanisms related to ammunition including the U.N.’s Program of Action on small arms and light weapons and Convention against Transnational Organized Crime, as well as nations’ efforts in the matter, Thoa elaborated. She held that in this process, support for and cooperation with developing countries in capacity building, technology transfer and resource assistance are crucial in … [Read more...] about Conventional ammunition management framework must respect international law, U.N. Charter: official

Foreign Minister Bui Thanh Son (R) meets with British Foreign Secretary James Cleverly in Paris on June 7. (Photo: VNA) Paris (VNA) – Vietnamese Foreign Minister Bui Thanh Son met with the UK’s Foreign Secretary James Cleverly, Secretary for Commerce and Economic Development of China’s Hong Kong Algernon Yau Ying-wah, and Foreign Minister of Lithuania Gabrielius Landsbergis in Paris on June 7. The meetings took place on the sidelines of the OECD Ministerial Council Meeting 2023. Talking to British Foreign Secretary James Cleverly, Minister Son expressed his delight at the progress in the two countries’ relations in multiple spheres, and suggested both sides increase mutual visits at all levels. He called on the British Government to continue financial and technological support, and assist Vietnam with capacity building within the framework of the Just Energy Transition Partnership to help the country realise the commitments announced at the 26th UN Climate Change … [Read more...] about Vietnam looks to reinforce ties with UK, Hong Kong, Lithuania

The national football team players are training in preparation for FIFA Days this month. Their matches will be broadcast by FPT Play. (Photo courtesy of VFF) Hanoi (VNS/VNA) - FPT Play and the Vietnam Football Federation (VFF) have announced that they would cooperate on the broadcasting rights of all national teams' matches for the next four years. The cooperation agreement originated from a common vision in developing Vietnamese football . This event not only marked a milestone in the effort to mobilise resources for football, but also reaffirmed the role of FPT Play, a leader in the field of media rights, in contributing to the growth of the national teams. Following their comprehensive and long-term deal, all matches of the Vietnamese squads which are organised within the territory of Vietnam that VFF owns the television rights to will be produced and broadcast by FPT Play . The national leading multi-platform digital television provider under FPT Telecom will … [Read more...] about FPT Play, VFF to broadcast national teams’ matches for four years

Ho Chi Minh City has put into service four bathrooms built in prime locations to serve the needs of dwellers and tourists as part of a bid to address a dearth of toilets in the city. The city’s administration approved the building of makeshift toilets on four out of five vacant land lots in downtown Ho Chi Minh City, according to the Ho Chi Minh City Department of Natural Resources and Environment. They are located on Le Duan Boulevard, Hai Ba Trung, Nguyen Trung Truc and Nguyen Hue Streets. Each of these public toilets covers eight square meters and features a stall outside for selling goods. Earnings from this sale booth will be used to maintain the operation of these public bathrooms. The District 1 administration had earlier called on over 100 restaurants, eateries and coffee shops to offer gratis toilet service to residents and tourists. A bathroom featuring a shopping booth is open to the public free of charge. Photo: Luu Duyen / Tuoi Tre A … [Read more...] about Restrooms in Ho Chi Minh hotspots open to the public

The drought-stricken Kwan Phayao Lake in Phayao province in northern Thailand in May 2023. (Photo: bangkokpost.com) Bangkok (VNA) – Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion THB (1 billion USD) to the Thai economy this year. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI), a key member of the JSCCIB, stressed that water scarcity caused by drought is the committee's leading concern because it could have a massive impact on both the agricultural and manufacturing sectors, hampering already sluggish exports. According to the Commerce Ministry's latest data, in the first four months of 2023 Thai exports decreased by 5.2% year-on-year to 92 billion USD, while imports fell by 2.2% to 96.5 billion USD, resulting in a trade deficit of 4.51 billion USD. drought , hoping to work with the … [Read more...] about Thailand forecasts huge losses caused by climate change

Sacombank began a project to implement Basel III and strengthen risk management capacity with EY Vietnam Consulting JSC offering consultancy. — Photo courtesy of the bank Sacombank has begun a project to implement Basel III and strengthen risk management capacity with EY Vietnam Consulting Joint Stock Company offering consultancy. The project is meant to build an organisational structure for risk management in line with international rules and the bank’s strategies, improve capital and asset quality to ensure stable and sustainable business operations and meet the increasingly stringent requirements for the banking industry, optimise the process of identifying, measuring, monitoring, controlling, and overcoming risks, and develop skilled human resources and a modern information technology system. Pham Van Phong, the lender's vice chairman, said: “Sacombank is well aware of the importance of applying Basel III rules and improving its risk management system. “This is one of the … [Read more...] about Sacombank starts adoption of Basel III norms

An overview of a discussion during the NA's fifth session. (Photo: VNA) Hanoi (VNA) – The National Assembly (NA) on June 9 continued the 16th working day of its fifth sitting under the chair of NA Chairman Vuong Dinh Hue. In the morning, authorised by the Prime Minister, Minister of Natural Resources and Environment Dang Quoc Khanh presented reports on the draft revised Land Law and public opinions on the bill.  Chairman of the NA’s Economic Committee Vu Hong Thanh delivered a report verifying the draft revised Land Law . Then the legislature discussed in groups the draft law. In the afternoon, under the direction of NA Vice Chairman Nguyen Khac Dinh, the NA discussed a draft amended resolution on conducting votes of confidence for those holding positions elected or approved by the NA or the People's Councils. Most of the speakers at the discussion agreed on the necessity of promulgating the resolution; dossiers, order, procedures and basic contents in the draft … [Read more...] about 16th working day of 15th NA’s fifth session